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Improved Earnings Required Before Zhejiang Development Group Co.,Ltd (SZSE:000906) Stock's 27% Jump Looks Justified
Zheshang Development Group (000906.SZ): Intends to participate in the establishment of Zhetuo HuaXin Resources (Zhejiang) Co., Ltd.
Gelonghui, 14th November | Zhejiang Zheshang Development Group (000906.SZ) announced that in order to implement the company's global strategy, it will deepen and solidify the energy and chemical sector, fully leverage the company's complete industry chain management capabilities in the coal sector. It plans to sign a joint venture agreement for Zheto and Xin Resources (Zhejiang) Co., Ltd. with individual investors Wu Hao, Lu Yangqing, and Zhejiang Hexin Enterprise Management Partnership Enterprise (limited partnership) (a management team holding platform established and funded by Wu Hao and Lu Yangqing, under the name approved by the industry and commerce, referred to as 'Zhejiang Hexin') in Hangzhou Economic and Technological Development Zone, Zhejiang Province, Zhejiang.
Zheshang Development Group (000906.SZ) plans to invest 0.2 billion yuan to establish a joint venture company, Zhongtuo Hexin, to deepen the energy and chemical sector.
Zheshang Development Group (000906.SZ) announced that the company, in order to implement the company's global strategy, will deepen and solidify energy and chemical industries...
Zheshang development group (000906.SZ): plans to increase investment in its wholly-owned subsidiary Zhongguan International in Singapore by 17 million USD.
On November 14, Gelonghui reported that zheshang development group (000906.SZ) announced that in order to implement the company's global strategy and enhance overseas financing capabilities, it plans to increase the capital of its wholly-owned subsidiary in Singapore, Zhongguan International, by 17 million USD. After the capital increase, the registered capital of Zhongguan International will rise to 20 million USD. This capital increase of 17 million USD for Zhongguan International comes from the company's own funds and will not have a significant impact on the company's financial status and operating results, nor will it harm the interests of the company and all shareholders, especially minority shareholders.
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