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China West Construction Group (SZSE:002302) Sheds CN¥391m, Company Earnings and Investor Returns Have Been Trending Downwards for Past Five Years
China West Construction Group (002302.SZ): Currently, there are 1084 units of new energy concrete mixers allocated.
On November 26, Gelonghui reported that China West Construction Group (002302.SZ) recently stated during an investor relations event that the company is actively promoting the optimization of energy structure and green transformation development, committed to building a green supply chain, and is carrying out large-scale conversion of production transportation vehicles from oil to electricity. Currently, a total of 1,084 new energy concrete mixers have been configured.
China West Construction Group (002302.SZ): The company's signed contracts in key strategic regions saw a significant increase in the first three quarters.
China West Construction Group (002302.SZ) stated in recent investor relations activities that the company has achieved market expansion and business growth in the East and South China regions by increasing resource investment and optimizing regional layout, with a good development momentum. In the first three quarters, the company's signed contracts in key strategic regions saw significant growth, especially with an increase of over 100% in Shandong, Hainan, and Shanghai regions.
China West Construction Group (002302.SZ): Chairman Wu Zhiqi resigned due to age reasons.
On November 15, Gelonghui reported that china west construction group (002302.SZ) announced that the company's board of directors recently received the written resignation of Chairman Mr. Wu Zhiqi. Due to age reasons, Mr. Wu Zhiqi resigned from the position of Chairman, Director, and relevant positions on the special committees of the eighth board of directors. After leaving office, Mr. Wu Zhiqi will no longer hold any position in the company. As of the date of this announcement, Mr. Wu Zhiqi holds no shares in the company.
China West Construction's Q3 Profit Plummets 98%; Shares Fall 3%
Western Construction: Report for the third quarter of 2024