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Boasting A 8.3% Return On Equity, Is China Wuyi Co., Ltd. (SZSE:000797) A Top Quality Stock?
Is China Wuyi (SZSE:000797) A Risky Investment?
Wuyi, China: Third quarter report 2024
Wuyi, China: Announcement on the operation of the international engineering contracting business in the third quarter of 2024
China Wuyi Co.,Ltd. (000797.SZ): Related party won the bid for subsidiary's relevant project
On October 17, Gelonhui announced that its subsidiary, China Wuyi Co., Ltd. (000797.SZ), revealed that its subsidiary Chongqing Wuyi Real Estate Development Co., Ltd. (referred to as "Chongqing Wuyi"), conducted a public tender for the 15th building of the WuYi Binjiang Phase II and III project. Recently, the project was awarded to the company's largest shareholder, Fujian Construction Group Co., Ltd. (referred to as "Fujian Construction"), with a bid rate of 7.49% below the estimated contract amount of 36,797,767.00 yuan. This transaction constitutes a related party transaction. Chongqing Wuyi is a subsidiary controlled by the company, with the company holding 95% of the shares and individual Lin Hua holding 5%. Fujian Construction is a controlling shareholder of the company.
China Wuyi Co.,Ltd. (000797.SZ): The National Association of Financial Market Institutional Investors has accepted the company's registration of medium-term notes issuance.
China Wuyi Co.,Ltd. (000797.SZ) announced that the company recently received the "Acceptance Registration" issued by the Trading Association.
China Wuyi Co., Ltd. (SZSE:000797) Could Be Riskier Than It Looks
