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Guangdong Chant Group Inc. (SZSE:002616) Stock Catapults 33% Though Its Price And Business Still Lag The Market
Guangdong Chant Group Inc. (002616.SZ): The waste-to-energy Business occupies a relatively small proportion in the company's Sector.
Gelonghui reported on February 26 that Guangdong Chant Group Inc. (002616.SZ) stated in a recent investor relations activity that the waste-to-energy sector accounts for a small proportion of the company's Business and there are currently no plans for new waste-to-energy projects.
Does Guangdong Chant Group Inc. (SZSE:002616) Create Value For Shareholders?
Guangdong Chant Group Inc. (002616.SZ): Extension of the "Concerted Action Agreement".
On January 13, Gelonghui reported that Guangdong Chant Group Inc. (002616.SZ) announced that it recently received notices from the company's controlling shareholders and actual controllers, Mr. He Qiqiang and Mr. Mai Zhenghui, stating that the aforementioned concerted actors signed the '<Concerted Action Agreement> Extension Confirmation Letter' on January 12, 2025, declaring that both parties continue to act as concerted actors.
There's No Escaping Guangdong Chant Group Inc.'s (SZSE:002616) Muted Earnings Despite A 34% Share Price Rise
Guangdong Chant Group Inc. (002616.SZ): He Qiang and Mai Zhenghui intend to transfer a combined 5% of their holdings to Peking Zhongke Hongyuan.
On December 24, Glorious Capital reported that Guangdong Chant Group Inc. (002616.SZ) announced it received notifications on December 24, 2024, from its controlling shareholder, actual controller, and concerted actors Mr. He Qiqiang and Mr. Mai Zhenghui, who plan to introduce new shareholders to optimize the company's shareholder structure through an agreement to transfer part of their shares. On December 24, 2024, both parties signed the "Share Transfer Agreement" with Peking Zhongke Hongyuan (hereinafter referred to as the "Share Transfer Agreement"). The "Share Transfer Agreement" stipulates that Mr. He Qiqiang and Mr. Mai Zhenghui intend to transfer a total of their holdings in Chant Group.
With A 7.9% Return On Equity, Is Guangdong Chant Group Inc. (SZSE:002616) A Quality Stock?