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Zhongnan Co., Ltd.: 2024 Annual Results Forecast
Guangdong Zhongnan Iron & Steel (000717.SZ): Received government subsidies of 33.85 million yuan.
On December 19, Gelonghui announced that Guangdong Zhongnan Iron & Steel (000717.SZ) has recently received special subsidy funds of 33.85 million yuan from the Shaoguan Municipal Development and Reform Bureau for three projects: "Transformation of supporting processes for wide plate production, insulation transformation of continuous casting steel billet transportation, and one-click steelmaking technology transformation." This subsidy is part of a super long-term special national bond to promote a large-scale equipment renewal project, and the funds have been received.
Guangdong Zhongnan Iron & Steel (000717.SZ): 0.136 billion shares held by the controlling Shareholder have been judicially frozen.
Gelonghui reported on December 18 that Guangdong Zhongnan Iron & Steel (000717.SZ) announced that on December 18, 2024, through querying the business system of the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, it was learned that the company's controlling shareholder, Baowu Group Zhongnan Iron & Steel Co., Ltd. (referred to as "Zhongnan Steel") Hold 136,075,950 shares of the company which have been judicially frozen.
Guangdong Zhongnan Iron & Steel (000717.SZ): The company has not yet collaborated with Huawei.
According to a statement on the investor interaction platform on December 11, Guangdong Zhongnan Iron & Steel (000717.SZ) indicated that the company has not yet engaged in cooperation with Huawei.
Guangdong Zhongnan Iron and Steel Co., Ltd. (SZSE:000717) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Guangdong Zhongnan Iron & Steel (000717.SZ): proposes to transfer the relevant assets of the slurry pipe belt conveyor to Shaogang Jiayang for 58.4972 million yuan.
On November 21, Gelonghui reported that guangdong zhongnan iron & steel (000717.SZ) announced the company plans to activate existing assets by agreeing to transfer related assets of the water slag tubular belt conveyor for 58.4972 million yuan to guangdong Shaogang Jiayang New Materials Co., Ltd. (hereinafter referred to as "Shaogang Jiayang"). After both parties complete their approval procedures, they will jointly sign the "Asset Transfer Agreement."
Is Guangdong Zhongnan Iron and Steel (SZSE:000717) Using Too Much Debt?
