Shougang Cent (00103): Zhao Yue has been appointed as the executive director and vice-chairman of the board.
Shougang Cent (00103) announced that Yue Zhao has been appointed as the executive director and vice chairman of the company, until 2024...
Express News | Shougang Century - Zhao Yue Appointed as Vice Chairman
Express News | Shougang Century Holdings Ltd - Zhao Yue Appointed as an Executive Director
Capital ind fin (00730): Qin Tai Management transferred 8.446 million shares of Shougang Cent to Redamancy.Z.
Capital ind fin (00730) released an announcement that on July 29, 2024, Qintai Management and Redama...
Shougang Century Holdings Shareholders to Sell Stakes to Investment Company
Shougang Cent (0103.HK) has introduced senior industry experts as strategic shareholders and will aggressively expand overseas markets.
On July 29, 2024, Shougang Cent (0103.HK) announced that the company's shareholders, Fair Union and Qintai Management, transferred 87.516 million shares and 8.446 million shares, respectively, to Redamancy.Z Holdings Limited at a price of HKD 0.863 per share. Calculated at the closing price of HKD 0.24 on July 29, the transfer price had a premium of up to 259%. The company said that the introduction of strategic shareholders will help to diversify the company's shareholder structure, promote business synergy, and promote business development. It is understood that Fair ...
Shareholders Fair Union and Qin Tai Management of Shougang Cent Technology (00103.HK) have respectively signed two independent share transfer agreements with Redamancy.Z Holdings and its actual controller.
On July 29th, Gelunhui reported that Shougang Cent (00103.HK) announced that on July 29th, 2024, the company's shareholders, Fair Union and Qintai Management, signed two independent share transfer agreements with Redamancy.Z Holdings Limited (the candidate transferee) and its actual controller, respectively. According to the share transfer agreement, Fair Union agreed to transfer 87,516,000 shares of the company's shares to the candidate transferee at a price of HKD 0.863 per share (equivalent to approximately 4.47% of the number of shares issued by the company on the date of this announcement).
Express News | Shougang Century Holdings Ltd - Fair Union to Transfer 87.5 Mln Shares of Co at HK$0.863 per Share
Soochow Securities: Heavy trucks will transition from incremental market to stock renewal market.
Within 24 years, domestic demand is recovering weakly with support provided by the growth of highway freight volume. The oil and gas price differential remains high, driving the continuous high growth of natural gas heavy trucks from an economic perspective; policy-driven new energy heavy truck is accelerating its sales volume.
Soochow Securities: Terminal demand for heavy truck industry is flat, new energy funds perform well.
Over the next 24 years, as the economy weakly recovers, the growth of road freight volume is providing support for maintain quantity. The high oil and gas price differential is driving the continuous growth of natural gas heavy trucks due to economic reasons. Policy-driven new energy heavy trucks are being accelerated. High export growth in non-Russian regions offsets the decline in Russia, and the entire year's exports have resilience. The elimination of old trucks may lead to substantive subsidy policies to scrap National III/IV vehicles.
Shougang Cent (00103): The state-owned assets supervisory and administrative department has agreed to publicly solicit the transfer of company shares from the transferor.
Shougang Cent (00103) announced that its shareholder, Fair Union Holdings Limited, has...
Shougang Century Shareholders to Transfer Shares, Shares Up 6%
Shougang Cent (00103.HK): Fair Union intends to transfer up to 4.47% of the company's equity, and Qintai Management intends to transfer approximately 0.43% of the company's equity.
On June 18th, GeLong Hui announced that Shougang Cent (00103.HK) received notices from its major shareholder, Fair Union Holdings Limited ("Fair Union"), and its shareholder, QinTai Management Co., Ltd., on June 18, 2024, (1) Fair Union intends to transfer no more than 4.47% of the company's issued share capital through public listing to solicit transferees; and (2) QinTai management intends to transfer all of the company's current holdings of approximately 0.43% through public listing to solicit transferees.
Capital ind fin (00730): Qintai Management intends to publicly list and transfer about 0.43% equity of Shougang Cent.
Capital Ind Fin (00730) announced that on June 18, 2024, Qintai Management Limited ("Qin...
Shougang Cent (00103.HK) may conduct a premium share offering.
Shougang Cent (00103.HK) announced on June 17 that its board of directors has approved a conditional plan for possible premium issuance of shares ("share issuance") for the purpose of strengthening the company's financial strength, optimizing its capital structure, and supporting its business development. The share issuance (if carried out) will allow eligible and participating shareholders to participate in the company's potential growth while maintaining their proportionate equity interests in the company. The company is currently considering the terms of the share issuance with the assistance of its professional advisors. For now, it is expected that no more than one new share will be issued for every five (5) existing shares of the company.
Express News | Shougang Century - Subscription Price Expected to Represent Premium Over Closing Price of HK$0.255 for Co's Shares as of 14 June
Express News | Shougang Century - Rights Issue Is Expected to Be on a Non-Underwritten Basis
Express News | Shougang Century - Approved Conditional Plan of Company for a Possible Rights Issue at a Premium
Express News | Shougang Century Holdings Ltd - Possible Rights Issue at a Premium
In May, the pickup truck market sold 45,000 vehicles, an increase of 1.7% from the previous month, according to the Joint Branch Association.
According to the Zhitong Finance APP, data released by the Pick-up Sub-Association on June 14th, 2024 showed that 45,000 pickups were sold in May, which was the same as the previous year, an increase of 1.7% on a month-on-month basis, and was at a relatively high level in the past five years.
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