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Titan Wind Energy Clinches $45 Million FSO Vessel Building Contract
Private Companies Are Titan Wind Energy (Suzhou) Co.,Ltd's (SZSE:002531) Biggest Owners and Were Hit After Market Cap Dropped CN¥2.0b
Titan Wind Energy (002531.SZ): Nantong Changfeng signed a $45 million floating storage and offloading (FSO) EPC construction contract.
Gelonghui October 15th, Titan Wind Energy (002531.SZ) announced that recently, Titan Wind Energy (Suzhou) Co., Ltd., a wholly-owned subsidiary of NanTong ChangFeng New Energy Equipment Technology Co., Ltd. (hereinafter referred to as "NanTong ChangFeng"), signed a "Floating Storage and Offloading Vessel (FSO) EPC Construction Contract" with OceanSTAR Marine & Offshore Investment Pte. Ltd. (hereinafter referred to as "OceanSTAR Company"), with a total project amount of 45 million US dollars.
Titan Wind Energy (002531.SZ): The first phase of employee stock ownership plan stocks have been sold and terminated.
Gelonghui October 11th | Titan Wind Energy (002531.SZ) announced that recently, the company's first phase of employee share ownership plan, the third batch of 2,272,148 shares of stocks (0.13% of the company's total share capital), has been fully sold through block trades due to the expiry of the plan. The transferee of this block trade does not have any associated or concerted actions with the company's shareholders with more than 5% ownership or the actual controller of the company. As of the date of this announcement, the first phase of the employee share ownership plan holds a total of 11,359,948 shares of the company's stocks, accounting for 0.63% of the company's total share capital.
Titan Wind Energy (002531.SZ): The first phase of the employee stock ownership plan stocks has been sold out.
Gelonghui October 11th | Titan Wind Energy (002531.SZ) announced recently that the third batch of the first phase of employee stock ownership plan consists of 2,272,148 shares of stocks (0.13% of the company's total share capital), and due to the expiration of the plan period, all shares have been sold through block trading. The transferee of this block trading does not have any related or concerted action relationship with the company's shareholders owning more than 5% or the actual controller. As of the date of this announcement, the first phase of the employee stock ownership plan holds a total of 11,359,948 shares of the company, accounting for 0.63% of the total share capital, already fully sold.
Titan Wind Energy (Suzhou)Ltd (SZSE:002531) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Three Years, but the Stock Rallies 3.1% This Past Week
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