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FSPG Hi-Tech (SZSE:000973) Seems To Use Debt Quite Sensibly
fspg hi-tech (000973.SZ): Plans to jointly establish a project company with related parties to build a self-designed BOPP ultra-thin lithium battery composite current collecting film production line and related supporting facilities.
On November 14, Gelonghui reported that fspg hi-tech (000973.SZ) announced plans to vigorously implement an innovation-driven global strategy. Foshan fspg hi-tech Group Co., Ltd. (hereinafter referred to as the company or fspg hi-tech) intends to jointly invest with guangdong Guangxin Innovation Research Institute Co., Ltd. (hereinafter referred to as Guangxin Institute) and the project's core team to establish a project company for the development and industrialization of lithium battery composite current collector membrane materials and key equipment (hereinafter referred to as the project company). After the establishment of the project company, it is planned for the project company to invest 203.95 million yuan to build a self-designed BOPP ultra-thin lithium battery composite current collector membrane production line.
Entering the separator field of lithium batteries, fspg hi-tech (000973.SZ) plans to acquire 100% of Jinli shares and resume trading on November 15th.
fspg hi-tech (000973.SZ) disclosed the issuance of shares and payment of cash to purchase assets and raise matching funds and related party transactions...
FSPG Hi-Tech (000973.SZ): Intends to purchase 100% of Jinli Shares, entering the lithium battery separator field, and will resume trading on November 15th.
On November 14, Gelonghui reported that fspg hi-tech (000973.SZ) announced a plan for issuing shares and paying cash to acquire assets and raise supporting funds through related transactions. The listed company intends to purchase 100% of the shares of Hebei Jinli New Energy Technology Co., Ltd. from 108 counterparties including Yuan Haichao and Huahao Century through the issuance of shares and cash payments, and will issue shares to raise supporting funds from the company's controlling shareholder, Guangxin Group. The listed company is positioned as an important listed platform in the field of new materials under Guangxin Group, focusing on emerging strategic industries such as new energy, electrical engineering, optoelectronic display, and medical health.
xingfa alum subsidiary plans to sell part of the equity of Guangdong Guangxin Innovation Research Institute
Xingfa Alum (00098) announced on November 6, 2024, that Guangdong Xingfa (an indirect wholly-owned subsidiary of the company), FSPG Hi-Tech, and Star Lake Bioscience have entered into an equity transfer agreement with Guangxin Holdings. According to the equity transfer agreement, Guangdong Xingfa, FSPG Hi-Tech, and Star Lake Bioscience each agree to sell and transfer 2.80% of the equity of Guangdong Guangxin Innovation Research Institute Co., Ltd., while Guangxin Holdings agrees to purchase and accept a total of 8.40% of the equity of the target company. The total consideration for the sale is approximately RMB 33.5594 million, with Guangdong Xingfa's sale price around RMB 111 million.
fspg hi-tech (000973.SZ) plans to issue shares and pay cash to purchase assets. The stock will be suspended from trading on November 1st.
fspg hi-tech (000973.SZ) announced that the company is planning to purchase... by issuing shares and paying cash.
Insufficient Growth At FSPG Hi-Tech CO., Ltd. (SZSE:000973) Hampers Share PriceNo Data
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