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Improved Earnings Required Before Guangdong Jushen Logistics Co., Ltd. (SZSE:001202) Stock's 25% Jump Looks Justified
Jushen Logistics to Set Up Hong Kong Subsidiary for 250 Million Yuan
Jushen Co., Ltd. (001202.SZ): Plans to establish one or more wholly-owned subsidiaries in Hong Kong to carry out overseas transshipment projects.
Gelonghui, November 28th | Jushen shares (001202.SZ) announced that, in order to develop barge business in countries such as Guinea and Indonesia, improve the company's business layout and medium- to long-term development plan, the company plans to set up one or more wholly-owned subsidiaries in Hong Kong through Hainan Jushen Information Technology Co., Ltd., with the subsidiary or its subordinate companies as the implementing main body to carry out overseas barge projects. The planned investment amount for the project does not exceed RMB 0.25 billion (or the equivalent in foreign currency), mainly used for the purchase of barges, floating cranes, and supporting equipment and other assets. The source of funds is the company's own funds or self-raised funds, and the company will also adjust the business
Guangdong Jushen Logistics' (SZSE:001202) Solid Earnings May Rest On Weak Foundations
Kunshen Corporation (001202.SZ): Ningbo Haiyi and Ningbo Baorun collectively reduced their shareholding in the company by 2.8934%.
KShin shares (001202.SZ) released an announcement. As of November 4, 2024, Ningbo Haiyi and Ningbo Bao...
Jushen Co., Ltd.: Report for the third quarter of 2024