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Investors Might Be Losing Patience for AnnilLtd's (SZSE:002875) Increasing Losses, as Stock Sheds 11% Over the Past Week
Annil Co.,Ltd (002875.SZ): Plans to invest the raised funds into its wholly-owned subsidiary to implement the fundraising project.
On December 17, 2023, Annil Co., Ltd (002875.SZ) announced that on December 17, 2024, the company will hold the seventeenth meeting of the fourth Board of Directors and the fifteenth meeting of the fourth Board of Supervisors, during which they reviewed and approved the "Proposal to Invest Raised Funds in Wholly-Owned Subsidiary to Implement Fundraising Projects." The company agreed to use the raised funds to increase the capital of its wholly-owned subsidiary, Shenzhen Annil Brand Operation Co., Ltd. (referred to as "Annil Brand"), by 40 million yuan for the fundraising project "Digital Upgrade of Marketing Network," and also to provide 76.1596 million yuan of raised funds through internal transactions.
More Unpleasant Surprises Could Be In Store For Annil Co.,Ltd's (SZSE:002875) Shares After Tumbling 31%
ANNEL: Third quarter report 2024
Annil Co.,Ltd's (SZSE:002875) 25% Share Price Surge Not Quite Adding Up
ANNEL: 2024 Semi-Annual Report
Annil Co.,Ltd's (SZSE:002875) 27% Share Price Surge Not Quite Adding Up
