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Palm Eco-Town Development to Buyback Shares of Up to 100 Million Yuan
Palm Eco-Town Development's General Manager Resigns; CFO to Serve as Acting GM
Palm Eco-Town Development (002431.SZ) has authorized director and CFO Li Ting to act as the general manager.
Palm eco-town development (002431.SZ) announced that the company's former director and general manager, Zhang Qiya, passed away on July 12, 2024...
Palm Eco-Town Development: 2024 Interim Performance Forecast
Palm eco-town development (002431.SZ): expected loss of 0.3-0.37 billion yuan in the first half of the year.
Palm eco-town development (002431.SZ) announced its performance forecast for the first half of 2024, with a total loss of profit for the reporting period from 0.3 billion yuan to 0.37 billion yuan, a loss of 195.1523 million yuan in the same period of the previous year; a net loss attributable to shareholders of the listed company from 0.3 billion yuan to 0.37 billion yuan, a loss of 183.3714 million yuan in the same period of the previous year; a net profit after deducting non-recurring gains and losses from 0.4 billion yuan to 0.47 billion yuan, a loss of 196.2607 million yuan in the same period of the previous year; a basic loss per share of 0.17 yuan/share to 0.21 yuan/share; revenue of 1.5 billion yuan
Palm eco-town development (002431.SZ): Intends to transfer 100% equity of Shanghai Zonghe and Haikou Palm to offset debts.
On June 7th, Gelonhui announced that in order to effectively revitalize company assets, adjust the asset structure, and reduce the company's financial expenses, and according to the equity assessment report results and in consultation with the transferee, the company plans to transfer 100% of the equity of its two wholly-owned subsidiaries, Shanghai Zonghe Commercial Management Co., Ltd. (hereinafter referred to as 'Shanghai Zonghe') and Haikou Palm Commercial Operation Management Co., Ltd. (hereinafter referred to as 'Haikou Palm'), to the controlling shareholder of the company, Henan Yuzi Indemnificatory Apartment Management and Operation Co., Ltd. (hereinafter referred to as 'Yuzi Indemnificatory' or 'Transferee').
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