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Kingland Technology to Invest 10 Million Yuan in Establishing Subsidiary
*Kingland Technology (000711.SZ): plans to invest in establishing a wholly-owned subsidiary in Guangzhou.
On February 7, Gelonghui reported that Kingland Technology (000711.SZ) announced that, according to the company's Global Strategy and development plan, the company intends to invest 10 million yuan from its own funds to establish a wholly-owned subsidiary "Indium Target Technology (Guangzhou) Co., Ltd." (tentative name, subject to approval by the market supervision and management department).
*ST Jinglan: Jinglan Technology Co., Ltd. 2024 Annual Performance Forecast
*Special Treat Kingland Technology (000711.SZ): plans to transfer 100% equity of Zouping Dazheng and 100% equity of Tianxingjian Trading.
On December 27, GELONGHUI reported that Kingland Technology (000711.SZ) announced its plans to further optimize the asset structure of Kingland Technology Co., Ltd. In line with the company's business development plan, it intends to transfer 100% equity of its wholly-owned subsidiary Zouping Dazheng Agriculture Technology Co., Ltd. (referred to as "Zouping Dazheng") and 100% equity of Shandong Tianxingjian Trading Co., Ltd. (referred to as "Tianxingjian Trading") to Yunnan Jiarui Industrial and Trade Co., Ltd. (referred to as "Yunnan Jiarui"), with transaction prices of 2,000 yuan and 100 yuan respectively. After the completion of this transaction, the company will no longer hold Zouping Dazheng.
*Special Treat Kingland Technology (000711.SZ): 0.693 billion restricted shares will be released on December 26.
*ST Kingland Technology (000711.SZ) announced on December 20 that a notice has been issued regarding the listing and circulation of restricted shares held by some restructuring investors. The shares for which the Company applied for lifting of the restrictions all belong to the restricted shares after the initial public offering. The number of shares to be released from restrictions is 0.693 billion shares, accounting for 24.26% of the company's total share capital of 2,856,976,223 shares. The date for the release of these shares into circulation is December 26, 2024 (Thursday).
*Special Treat Kingland Technology (000711.SZ): intends to invest 50 million yuan to establish a wholly-owned subsidiary, Indium Target Technology (Harbin) Co., Ltd.
*ST Kingland Technology (000711.SZ) announced on December 16 that the company will hold the ninth interim meeting of the eleventh Board of Directors on December 15, 2024, to review and approve the proposal to invest in the establishment of a wholly-owned subsidiary in Harbin City. According to the company's global strategy and business development plan, the company plans to invest 50 million yuan in Harbin City, Heilongjiang Province using its own funds to establish a wholly-owned subsidiary "Indium Target Technology (Harbin) Co., Ltd." (tentative name). This investment does not involve any related party transactions and does not constitute a significant asset reorganization as defined by the Measures for the Administration of Major Asset Restructuring of Listed Companies.
Kingland TechnologyLtd (SZSE:000711 Shareholders Incur Further Losses as Stock Declines 15% This Week, Taking Five-year Losses to 66%
