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In July, China's industrial added value above a designated scale increased by 5.1% year-on-year, with manufacturing industry growing by 5.3%.
From a month-on-month perspective, in July, the added value of industries above designated size increased by 0.35% compared with the previous month.
CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
Elate Holdings (00076.HK): Its subsidiary, GoMeta, will issue and distribute 10,000 common shares to Celerain Company.
On July 3rd, Gelunhui reported that Elate Holdings (00076.HK) announced that on July 3, 2024, the company, Beijing Qile Wuyong Culture Technology Co., Ltd., and GoMeta Limited entered into an agreement. Under this agreement, GoMeta Limited, a wholly-owned subsidiary of the company, will issue and distribute 10,000 common shares to Qile Company for a price of HKD 100,000. After the distribution, the company and Qile Company will own 50%-50% of the shares in GoMeta Limited, which will become a joint venture of the group. According to the disclosure, North
Elate Holdings (00076.HK) plans to hold a board of directors meeting on August 30th to approve its half-year performance.
Elate Holdings (00076.HK) announced on July 2nd that the board of directors will hold a meeting on August 30th, 2024 to consider and approve the semi-annual performance of the company and its subsidiaries for the six months ending June 30th, 2024.
Elate Unit to Sell Production Lines in Madagascar
Yiji Holdings (00076.HK) plans to exchange graphite products with production lines and graphite ores in Madagascar
Gelonghui, May 21, 丨 Yili Holdings (00076.HK) announced that on May 21, 2024, EGL, an indirect wholly-owned subsidiary of the company, signed the agreement with AGL. According to this, EGL has agreed to sell it conditionally, and AGL has agreed to buy the asset at a cost of US$21.05 million. Under the agreement, the costs will be settled through EGL in exchange for 30,109 tons of graphite products produced by AGL in exchange for this asset. The assets to be sold include: 1. The entire production line in Madagascar is owned by EGL, which mainly includes machinery and equipment. 2. Antsitak in Madagascar
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