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NanJing Public Utilities Development (000421.SZ): Currently planning to issue shares and pay Cash / Money Market to purchase Assets and raise supporting funds. Trading will be suspended starting from December 27.
On December 26th, Gelonghui reported that NanJing Public Utilities Development (000421.SZ) announced that the company is planning to issue shares and pay cash to acquire Assets and raise supporting funds (hereinafter referred to as "this transaction"). The symbol for the transaction is Hangzhou Yugu Technology Co., Ltd. The company intends to acquire approximately 68% equity of the target company through the issuance of shares and cash payment, as well as to raise supporting funds. Given that this transaction is still in the planning stage, there are uncertainties. To ensure fair information disclosure, protect the interests of investors, and avoid significant impacts on the company's securities trading, the company has applied according to the relevant regulations of the Shenzhen Stock Exchange.
NanJing Public Utilities Development (000421.SZ): plans to acquire 49% of the shares of NanJing Energy Network for 26.4076 million yuan.
On December 20, Gelonghui reported that NanJing Public Utilities Development (000421.SZ) announced that based on the company's Global Strategy and the need for coordinated development of the New energy Fund, the company signed the "Equity Transfer Agreement regarding NanJing Energy Network New Energy Technology Development Co., Ltd." with Wiscom System on December 19, 2024, using its own funds of 26.4076 million yuan to acquire 49% equity held by Wiscom System in NanJing Energy Network. This Trade will not result in a change in the scope of the company's consolidated financial statements. After the completion of this Trade, the company will hold 100% of the equity in NanJing Energy Network.
Market Participants Recognise Nanjing Public Utilities Development Co., Ltd.'s (SZSE:000421) Revenues Pushing Shares 37% Higher
Is Nanjing Public Utilities Development (SZSE:000421) Using Debt Sensibly?
Nanjing Public Utilities Development Unit to Buy 63.4 Million Yuan of Natural Gas
Nanjing public utilities development (000421.SZ): Its holding subsidiary intends to sign a "Henry Hub natural gas sales contract".
Glory Information on November 11th, Nanjing Public Utilities Development (000421.SZ) announced that its holding subsidiary, Nanjing Port Hua Gas Co., Ltd., intends to sign a "Natural Gas Sales Contract" with Guanghua International Energy Trading Co., Ltd. (referred to as "Guanghua International Energy Trading" or "Seller"), to purchase gas for sale to end customers. The contract period starts from the date of signing the contract until 8 am on March 31, 2025, with a settlement price of 3.73 yuan/cubic meter (including 9% value-added tax). The gas purchase volume during the contract period is 17 million cubic meters, and the total contract price is 63.41 million yuan. If there is an excess of the aforementioned gas purchase.
The Five-year Decline in Earnings for Nanjing Public Utilities Development SZSE:000421) Isn't Encouraging, but Shareholders Are Still up 21% Over That Period
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