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Anhui Jiangnan Chemical IndustryLtd (SZSE:002226) Jumps 3.7% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
Investors Aren't Buying Anhui Jiangnan Chemical Industry Co.,Ltd.'s (SZSE:002226) Earnings
Anhui Jiangnan Chemical Industry (002226.SZ): The controlling Shareholder intends to acquire part of the minority Shareholder's equity in its subsidiary, Hongqi Civil Explosives.
On December 10, Gelonghui reported that Anhui Jiangnan Chemical Industry (002226.SZ) announced that its controlling shareholder, Tend Group, intends to acquire 30,528,000 shares (accounting for 19.3755%) of Hongqi Minbao held by the Shaanxi Zhongbing Fund for Cash, corresponding to an equity price of 189.704 million yuan; it will also acquire 22,846,264 shares (accounting for 14.5%) of Hongqi Minbao held by Shaanxi Jibu Investment for Cash, corresponding to an equity price of 141.969 million yuan, for a total price of 331.673 million yuan. Upon completion of the acquisition, Tend Group will directly hold 53,374,26 shares of Hongqi Minbao.
Anhui Jiangnan Chemical Industry Co.,Ltd.'s (SZSE:002226) Stock Is Going Strong: Is the Market Following Fundamentals?
Anhui Jiangnan Chemical Industry (002226.SZ) plans to acquire 0.352 billion yuan of Red Flag Civil Explosives' 35.9721% shares.
Anhui Jiangnan Chemical Industry (002226.SZ) released an announcement on August 5, 2024, the company signed an agreement with Shaanxi Hongqi Civil Explosives Group...
Jiangnan Chemical: Report for the third quarter of 2024
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