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Express News | Hefei Urban Construction Development Says It Plans to Buy Public Resource Trading Firm via Share Issue, Trading in Shares to Halt From Sept 9
Hefei Urban Construction Development (002208.SZ): Plans to raise funds to purchase assets. Trading will be suspended starting from September 9th.
Hefei Urban Construction (002208.SZ) announced on September 8th that the company is planning to issue shares to acquire 100% equity of Anhui Public Resource Trading Group Co., Ltd. (referred to as 'the target company') held by Hefei Xingtai Financial Holdings (Group) Co., Ltd. (referred to as 'Xingtai Group'). This transaction is not expected to constitute a major asset reorganization or a reorganization for listing. Xingtai Group is the controlling shareholder of the company, and this transaction constitutes a related party transaction. Due to the uncertainties of the relevant matters, in order to protect the interests of investors and avoid impacting the trading of the company's securities.
Shareholders 45% Loss in Hefei Urban Construction Development (SZSE:002208) Partly Attributable to the Company's Decline in Earnings Over Past Three Years
Hefei Urban Construction Development: Summary of Half-Year Report in 2024.
Hefei Urban Construction Development: Half-year report for the year 2024.
Hefei Urban Construction Development (002208.SZ): The controlling subsidiary Gongtou Feixi has signed a contract for the transfer of state-owned construction land use rights.
On July 31st, Gelonhui announced that the 55th meeting of the 7th board of directors of Hefei Urban Construction (002208.SZ) was held in the company's 14th floor conference room on June 11, 2024 at 16:00. The proposal on participating in the bidding of FX202413-3 land in Feixi County, Hefei was approved by the resolution of the meeting with 10 votes in favor, 0 against, and 0 abstentions. According to the above resolution, Hefei Gongo Industrial Technology Development Co., Ltd., a wholly-owned subsidiary of the company's controlling subsidiary, Hefei Gongo Industrial Technology Feixi Co., Ltd. (referred to as "Gongtou Feixi"),.
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