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Phillip Securities Starts GEM at Buy With 8.42 Yuan Price Target
GEM Co., Ltd. (SZSE:002340) Might Not Be As Mispriced As It Looks
GEM Co.,Ltd. (002340.SZ): Cumulatively repurchased 0.14% of shares.
Gelonghui, March 3 - GEM Co., Ltd. (002340.SZ) announced that as of February 28, 2025, the company has accumulated a total of 7,150,000 shares repurchased through a dedicated securities account via centralized bidding, accounting for 0.14% of the company's current total share capital, with a highest Fill Price of RMB 7.01 per share and a lowest Fill Price of RMB 6.92 per share, making a total amount of RMB 49,797,500 (excluding transaction costs). The funds for this Share Buyback come from the company's own funds and special loans for Share Buyback, and the repurchase price did not exceed the price specified in the repurchase plan.
GEM to Sell Stake in EcoPro Materials; GEM Up 3%, EcoPro Materials Down 8%
GEM Co.,Ltd. (002340.SZ): Plans to sell no more than 2.0221 million Stocks of ECOPRO MAT.
On February 28, 2023, GL Resources announced that its wholly-owned subsidiary, Jingmen GEM New Materials Co., Ltd., holds 2,022,074 shares of ECOPRO MATERIALS CO., LTD., a company listed on the South Korea Exchange (abbreviated as "ECOPRO MAT", stock code: 450080.KS), accounting for 3% of its total share capital, with shares derived from the pre-IPO stock of ECOPRO MAT. In order to maximize shareholder value, further optimize the company's asset structure, and improve asset liquidity and utilization efficiency, full.
Does GEM (SZSE:002340) Have A Healthy Balance Sheet?
Do Its Financials Have Any Role To Play In Driving GEM Co., Ltd.'s (SZSE:002340) Stock Up Recently?
