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HyUnion HoldingLtd (SZSE:002537 Shareholders Incur Further Losses as Stock Declines 5.7% This Week, Taking Five-year Losses to 28%
HyUnion Holding (002537.SZ): plans to transfer 69.9924% equity of Changchun HyUnion.
On December 19, Gelonghui reported that HyUnion Holding (002537.SZ) announced that in order to improve the asset structure of HyUnion Holding Technology Co., Ltd., optimize resource allocation, and further focus on the development of the Auto Parts business in the passenger vehicle sector, the company signed an "Equity Transfer Contract" on December 18, 2024, with Changchun Huaze Lightweight New Materials Co., Ltd. (referred to as "Changchun Huaze"), Li Dongcun, and Chang Jianhua, in which the company intends to transfer 69.9924% of the equity it holds in its holding subsidiary, HyUnion Holding New Materials (Changchun) Co., Ltd. (referred to as "target company" or "Changchun HyUnion").
HyUnion Holding (002537.SZ): UnionPay Business has cumulatively reduced its shareholding by 1%.
On December 17, GELONGHUI reported that HyUnion Holding (002537.SZ) announced that the company recently received a notification letter from its shareholder, UnionPay Business Payment Co., Ltd. (referred to as "UnionPay Business"), which holds more than 5% of the shares. The letter states that from September 16, 2022, to December 16, 2024, UnionPay Business will cumulatively reduce its shareholding in the company by 10,802,600 shares through centralized bidding, accounting for 1% of the company's total equity (the total equity has excluded the share quantity of 93,750,298 held in the company's repurchase account).
HyUnion Holding (002537.SZ): No current applications for Siasun Robot&Automation Business.
On December 13, Gelonghui reported that HyUnion Holding (002537.SZ) stated on the investor interaction platform that the company's main Business includes Auto Parts Business and mobile information services, and there is currently no application in Siasun Robot&Automation.
Returns On Capital Are Showing Encouraging Signs At HyUnion HoldingLtd (SZSE:002537)
Some Investors May Be Willing To Look Past HyUnion HoldingLtd's (SZSE:002537) Soft Earnings
Some Investors May Be Worried About HyUnion HoldingLtd's (SZSE:002537) Returns On Capital
