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Zhe Jiang Hai Liang Signs Framework Agreement for Strategic Investment in Jinlong Group
Zhe Jiang Hai Liang Divesting 1.12% Jinchuan Group Stake for 1 Billion Yuan
Zhejiang Hailiang (002203.SZ) plans to transfer 1.12% equity of Jinchuan Group to Jinchuan Group for 1.039 billion yuan.
Zhejiang Hailiang (002203.SZ) announced on November 29th that the company will hold the eighteenth meeting of the eighth board of directors on November 28, 2024, to review the proposal on selling equity in a joint venture company. The company agrees to transfer its 1.12% equity stake in Jin Chuan Group Co., Ltd. (referred to as "Jin Chuan Group" or the "target company") to Jin Chuan Group for RMB 1.039 billion. After the transaction is completed, the company will no longer hold shares in Jin Chuan Group.
Zhejiang Hailiang (002203.SZ): The company's copper tube products' export is minimally affected by the tax rebate adjustment, which will enhance the company's overseas competitiveness.
Zhejiang Hailiang (002203.SZ) announced that on November 15, 2024, according to the Ministry of Finance, the State Administration of Taxation...
Zhejiang Hailiang to Buy Back Shares Worth Up to 600 Million Yuan; Shares Jump 5%
Zhejiang Hailiang (002203.SZ): Plans to invest 0.5 to -0.6 billion yuan to repurchase shares.
November 10th, Hailiang (002203.SZ) announced that the company plans to repurchase the company's issued Renminbi common stock (A shares) through the Shenzhen Stock Exchange stock trading system in a centralized competitive trading manner using its own funds and special loan funds. The repurchased shares will be used to implement stock-based incentives or employee stock ownership plans. The total amount of funds to be repurchased this time shall not be less than RMB 0.5 billion (inclusive), and shall not exceed RMB 0.6 billion (inclusive). The repurchase price shall not exceed RMB 13.29 per share (inclusive). Recently, China Zheshang Bank Hangzhou Branch issued a "China Zheshang Bank Loan Commitment Letter" to the company.
Can Zhe Jiang Hai Liang Co., Ltd (SZSE:002203) Maintain Its Strong Returns?
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