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A Closer Look At Jiangxi Ganneng Co., Ltd.'s (SZSE:000899) Impressive ROE
Jiangxi Ganneng to Build Distributed Photovoltaic Project for 17 Million Yuan
Jiangxi Ganneng (000899.SZ): Renewed the "Equity Custody Agreement of Jiangxi Dongjin Power Generation Co., Ltd." with the controlling Shareholder.
Gelonghui, December 12th丨Jiangxi Ganneng (000899.SZ) announced that in order to fulfill the commitment made by Jiang Investment Group to eliminate business competition, during the period of commitment performance, as a transitional measure, the company has been managing the equity corresponding to Jiang Investment Group's holdings in Jiangxi Dongjin Power Co., Ltd. (referred to as "Dongdian Company") since January 1, 2010, with the agreement being signed annually. The company will hold the ninth Board of Directors' fifth meeting and the ninth Supervisory Board's fifth meeting on April 25, 2024, agreeing to continue managing the Dongdian Company's equity held by Jiang Investment Group and to sign the "Equity Custody Agreement", with the custody period starting from 202.
Jiangxi Ganneng (000899.SZ): Yuchen Smart plans to invest approximately 17.4653 million yuan in the construction of Jiangxi Ganneng's high-tech State Grid distributed photovoltaic project.
On December 12, Gelonghui reported that Jiangxi Ganneng (000899.SZ) announced the implementation of the "Carbon Peak" and "Carbon Neutrality" target requirements, accelerating the company's Energy structure jiegoutiaozheng and transformation development pace. Following the review by the company's 11th temporary Board of Directors on December 12, 2024, it was agreed that Jiangxi Ganneng's wholly-owned subsidiary Jiangxi Ganneng Smart Energy Co., Ltd. would invest in the construction of the Jiangxi Yuchen Smart Energy Co., Ltd. (hereinafter referred to as "Yuchen Smart") to build the Jiangxi Ganneng High-tech National Power Investment Distributed Photovoltaic Project, which plans to construct 5.65 MW with a total investment of approximately 17.4653 million yuan.
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Jiangxi Ganneng Co., Ltd. (SZSE:000899) Might Not Be As Mispriced As It Looks
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