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Letong Chemical (002319.SZ): plans to liquidate its wholly-owned subsidiaries Zhihong Investment and Letong Internet.
Gelonghui, March 11丨Letong Chemical (002319.SZ) announced that the company held the 31st meeting of the sixth Board of Directors on March 10, 2025, and reviewed and approved the "Proposal to Deregister Wholly-Owned Subsidiaries." The Board of Directors agreed to deregister the wholly-owned subsidiary Zhuhai Zhihui Investment Development Co., Ltd. (referred to as "Zhihui Investment") and the wholly-owned subsidiary Peking Letong Internet Technology Co., Ltd. (referred to as "Letong Internet"), and authorized the company's management to handle the relevant liquidation and deregistration procedures according to the law and sign legal documents. Based on the fact that both Zhihui Investment and Letong Internet have not engaged in any business operations, the company plans to proceed.
Letong Chemical (002319.SZ): Letong New Materials has been recognized as a high-tech enterprise.
Gelonghui reported on February 27 that Letong Chemical (002319.SZ) announced that its wholly-owned subsidiary Zhuhai Letong New Materials Technology Co., Ltd. (referred to as "Letong New Materials") recently received the "High-Tech Enterprise Certificate" issued jointly by the Guangdong Provincial Department of Science and Technology, the Guangdong Provincial Department of Finance, and the State Administration of Taxation Guangdong Provincial Taxation Bureau. The wholly-owned subsidiary Letong New Materials has passed the qualification assessment for high-tech enterprises, with the certificate number: GR202444010264, issued on: December 11, 2024, valid for three years.
Letong Co., Ltd.: 2024 Annual Results Forecast
Letong Chemical (002319.SZ): Signed the "Debt Confirmation and Repayment Agreement".
On January 14, Gelonghui reported that Letong Chemical (002319.SZ) announced that due to the company's issuance of Stocks to specific targets, part of the funds raised has been used to repay debts to Cui Jia and Xiao Shiqiang. After friendly and sufficient negotiations among various parties, it is proposed to sign the "Confirmation and Repayment Agreement on Credit and Debt." All parties agreed that the unpaid equity acquisition payment will accrue interest at an annual rate of 3.85%, starting from October 31, 2024, and the full principal and interest must be paid before December 31, 2025. On January 14, 2025, the company will hold the 28th meeting of the sixth Board of Directors and the 27th meeting of the sixth Supervisory Board to review the plan.
Letong Chemical (002319.SZ): Plans to transfer 100% of the equity of Xuanxiang Siyue.
On January 3, Gelonghui reported that Letong Chemical (002319.SZ) announced that in order to integrate resources, activate Assets, optimize asset allocation and Business layout, it will transfer 100% of its wholly-owned subsidiary Peking Xuanxiang Siyue Media Advertising Co., Ltd. (hereinafter referred to as "Xuanxiang Siyue") to Zou Guangming for 9,352,725.20 RMB (hereinafter referred to as "this Trade"). The transaction price is determined based on the assessed value of all the rights and interests of Xuanxiang Siyue's Shareholder. After the completion of this Trade, the company will no longer Hold shares in Xuanxiang Siyue, and Xuanxiang Siyue will no longer be included in the company's consolidated financial statements.
Letong Co., Ltd.: Report for the third quarter of 2024
More Unpleasant Surprises Could Be In Store For Letong Chemical Co.,LTD's (SZSE:002319) Shares After Tumbling 31%