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Canny elevator (002367.SZ): Plans to liquidate and deregister subsidiary Favilai.
Gelonghui November 15th, canny elevator (002367.SZ) announced that the sixth board of directors of the company held its twelfth meeting and the ninth meeting of the sixth board of supervisors on November 14, 2024, and approved the resolution on the proposed liquidation and cancellation of subsidiaries. It agreed to cancel Hangzhou Fawei Lai Technology Co., Ltd. (hereinafter referred to as "Fawei Lai"), and authorized the company's management to handle the relevant liquidation and cancellation matters in accordance with legal procedures. Previously, Fawei Lai's main business was the research and development, design, production, and sales of elevator core components. Based on the company's overall global strategy planning, further streamlining the organizational structure and reducing managem
Canny Elevator (002367.SZ): intends to sell 100% equity of Guangdong Canny for approximately 0.343 billion yuan.
On November 15, Gelonghui reported that canny elevator (002367.SZ) announced that the company has been continuously adjusting its production layout and implementing cost reduction and efficiency enhancement measures in recent years. The equity symbol proposed for external sale is 100% of the equity of Guangdong Canny Elevator Co., Ltd. (hereinafter referred to as "wholly-owned subsidiary", "Guangdong Canny", or "proposed equity sale"). This trade does not constitute a related party transaction and does not constitute a major asset reorganization. The proposed sale of Guangdong Canny's equity is a further arrangement for the company to optimize its asset structure and resource allocation and to improve the efficiency of using idle assets. The company will convene a meeting on November 14, 2024.
Canny elevator (002367.SZ): The company does not directly participate in the operation decisions of Canny Youran.
Gelonghui November 12th | Canny elevator (002367.SZ) stated at the investor relations event that the company does not directly participate in the operation of Canny Ulan, which operates independently under the leadership of its operating team. Please refer to Canny Ulan's public disclosures for specific details. In 2017, the company transferred part of its equity during the financing process of Canny Ulan, with a total transfer price of 55 million yuan, recovering all the invested capital. As of the end of 2022, the company's book value of this investment is zero, as detailed in the company's 2021 annual report.
Canny elevator (002367.SZ): has complete core component research and development capabilities as well as independent supporting capabilities.
Kangli Elevator (002367.SZ) announced on November 11th that after years of technological accumulation and development, the company has a complete core component research and development and independent supporting capabilities, which helps the company to customize competitive upgrade and renovation solutions for different application areas. The company is continuously enriching and updating the product upgrade and renovation schemes, vigorously expanding the renovation business through its nationwide branches, service centers, and partner resources.
Canny elevator (002367.SZ): the current valid order being executed is 7.182 billion yuan, with sufficient orders in hand.
Gelonghui November 11th | Canny Elevator (002367.SZ) announced that as of the end of the third quarter of 2024, the company's effective order in hand is 7.182 billion yuan, with sufficient orders. Despite the overall deep adjustment trend in the domestic real estate market, the country has frequently taken action at the national level, with a series of policy measures aimed at supporting and boosting the real estate market. Market transactions are becoming more active, and the cumulative decline in sales area and sales amount is narrowing. The company remains true to its original aspirations, actively responds to new challenges and new situations, focuses on core business, and enhances its core business capabilities.
We Think You Can Look Beyond Canny Elevator's (SZSE:002367) Lackluster Earnings
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