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c zenith chem (00362.HK) has entered into a strategic investment framework agreement.
On November 18th, Gelonghui announced that c zenith chem (00362.HK) has signed a strategic investment framework agreement on November 18, 2024, with three companies incubated by Suzhou Chuyi Enterprise Management Co., Ltd. (Suzhou Chuyi): Hubei Yidong Yimei Management Co., Ltd., Hubei Daohua Industrial Development Co., Ltd., and Favdou Dining Management (Peking) Co., Ltd. According to the framework agreement, Yidong Yimei, Daohua Industrial, and Favdou agree to cooperate with the company and commit to making strategic investments to support the company's development of business in accordance with the regulations of the Hong Kong capital markets and certain conditions. According to different cooperation stages.
Express News | China Zenith Chemical - Yidong Yimei, Daohe Industrial & Fafudo to Make Strategic Investment of Not Less Than $20.0 Mln to Co
China Zenith Chemical Eyes Sale of 90% Interest in Unit
c zenith chem (00362.HK) plans to sell 90% equity of Heihe Longjiang Chemical
GrainSurge November 8th | C Zenith Chem (00362.HK) announced that the board of directors has approved the proposed sale of 90% equity interest in Heihe Longjiang Chemical Co., Ltd. ("Heihe Longjiang") at the meeting held on November 8, 2024. As of the date of this announcement, Heihe Longjiang is a subsidiary company indirectly holding 90% equity interest of the company. It is expected that after the completion of the possible sale, the company will no longer hold equity in Heihe Longjiang, and the financial performance of Heihe Longjiang will no longer be consolidated into the company's financial statements. As of the date of this announcement, the company is in discussions with an independent third party regarding the possible sale, and is further implementing the specific trade plan. Heihe Long
Express News | China Zenith Chemical - Board Approved Proposed Disposal of 90% Stake in Heihe Longjiang Chemical
C ZENITH CHEM: ANNUAL REPORT 2024
China Zenith Chemical Group Limited (HKG:362) Not Doing Enough For Some Investors As Its Shares Slump 31%No Data
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