00370 CHINA BEST
- 0.090
- +0.001+1.12%
CHINA BEST News
China Best Group's Franchise Agreement for Centralized Heating Gets Terminated
China Best (00370.HK): Yuncheng Baoshihua is currently communicating with the Yuncheng Management Committee regarding the termination agreement.
China Best (00370.HK) announced on August 8th that on December 31, 2020, its wholly-owned subsidiary Yuncheng Baoshihuai Energy Technology Co., Ltd. (Yuncheng Baoshihuai) and the Management Committee of Yuncheng Economic and Technological Development Zone (Yuncheng Management Committee) signed an exclusive franchise agreement for a period of 30 years, regarding the provision of centralized heating services to the licensed area of Yuncheng Economic and Technological Development Zone. The Board of Directors of the company hereby informs shareholders and potential investors that the Yuncheng Management Committee has delivered a notice dated July 22, 2024 to Yuncheng Baoshihuai and decided to act based on the franchise.
Express News | China Best Group Holding Ltd - Yuncheng Management Committee Served a Notice Dated 22 July 2024
Express News | China Best Group Holding Ltd - Termination of Franchise Agreement
China Best Group Holding's Fiscal 2024 Loss Narrows
China Best's subsidiary signed a strategic framework agreement with China Broadcasting Ningxia Network.
China Best (00370) issued an announcement that recently, Shenzhen Number Wiz Intelligent Computing Technology Co., Ltd. (Shenzhen Number Wiz, a subsidiary without full ownership of the company) signed a strategic framework agreement with China Broadcasting Ningxia Network Co., Ltd. (strategic partner) on the strategic cooperation covering the development of artificial intelligence, various computing services and advanced computing infrastructure. The strategic cooperation will help build the most important data center in Zhongwei, Ningxia and promote the development of digital economy. According to the framework agreement, through participating in the construction of the Zhongwei data center, the two parties will use their respective resources and professional knowledge to carry out a series of investments and cooperation in the field of computing and digital economy related projects.
China Best (00370.HK) subsidiary signed a strategic framework agreement with China Radio and Television Ningxia Network.
China Best (00370.HK) announced on July 29th that Shenzhen Shuwu Zhisuan Technology Co., Ltd. (Shenzhen Shuwu), a non-wholly-owned subsidiary of the company, and China Broadcasting Ningxia Network Co., Ltd. have signed a strategic framework agreement on cooperation covering the development of artificial intelligence, various computing services, and advanced computing infrastructure. The strategic cooperation will help build the most important data center in Zhongwei, Ningxia, and promote the development of the digital economy. According to the framework agreement, through participation in the construction of the Zhongwei data center, the two parties will use their own resources and professional knowledge to carry out a series of investments in the field of computing power and digital economy-related projects.
CHINA BEST: ANNUAL REPORT 2023/24
China Best released its annual performance with a profit of HKD 215 million, a decrease of 57.4% year-on-year.
China Best (00370) announced its annual results ending on March 31, 2024. The group earned HKD 215 million, a decrease of 57.4% year-on-year, while the company's owners incurred a loss of HKD 131 million, down 60.74% year-on-year. The loss per share was 6.9 HK cents.
China Best (00370) released its annual performance with a profit of HKD 215 million.
China Best (00370) has released its annual results ending on March 31, 2024, achieving a profit of 215 million yuan...
China Best's (00370.HK) yearly loss attributable to owners narrowed by about 60.7% to approximately 131 million Hong Kong dollars.
On June 27th, Glory Hui announced that the group's income for the year ending March 31, 2024 was about HKD 215 million, a decrease of 57.4% from last year. The net loss attributable to owners of the company is about HKD 131 million, a narrowing of about 60.7% year-on-year. The reduction is mainly due to (including) (i) a total reduction of approximately HKD 260.6 million in impairment losses on group assets, and (ii) a reduction of approximately HKD 18.7 million in employee costs. During the year, the group's income decreased sharply, mainly due to (i) customer issues causing interruptions in trade business, and (i
Express News | China Best Group Holding FY Net Income HKD -131.1 Million
Express News | China Best Group Holding FY Turnover HKD 215 Million
CHINA BEST: ANNOUNCEMENT OF RESULTSFOR THE YEAR ENDED 31 MARCH 2024
China Best (00370.HK) held a board meeting on June 27 to consider and approve the annual performance.
On June 27, 2024, China Best (00370.HK) announced that the board of directors meeting will be held at Room 1901-2&14, 19/F, Tower 6, Harbour City Gateway Tower, Kowloon, Hong Kong on Thursday to consider and approve the annual results of the company and its subsidiary companies for the financial year ending March 31, 2024 (including) proposing final dividend (if any) and dealing with any other matters.
CHINA BEST: NOTIFICATION OF BOARD MEETING
More Unpleasant Surprises Could Be In Store For China Best Group Holding Limited's (HKG:370) Shares After Tumbling 28%
Six subsidiaries of China's Shenhua invested a total of 120 million yuan to participate in the Science and Technology Innovation Seed Fund
China Shenhua (01088) announced that on May 30, 2024, the company's six subsidiaries, Guoneng Shendong Coal Group Co., Ltd., Shenhua Zungeer Energy Co., Ltd., Guoneng Shuohuang Railway Development Co., Ltd., Guoneng Beidian Shengli Energy Co., Ltd., Guoneng Railway Equipment Co., Ltd., and five subsidiaries of China Energy Investment Group Co., Ltd., China Shenhua Coal to Oil Chemical Co., Ltd., Guohua Energy Investment Co., Ltd., National Energy Group Zhejiang Electric Power Co., Ltd., and National Energy (Beijing) Private Equity Fund
Zhejiang Shanghai-Hangzhou: Zheshang Securities transferred 7.6933% of Guodu Securities's shares held by Guohua Energy for about 1,094 million yuan
Zhejiang Shanghai-Hangzhou (00576) announced that recently, Zheshang Securities (601878.SH) received a notice from the Shanghai Joint Stock Exchange that Zheshang Securities became the transferee of about 448.5 million shares of Guodu Securities (corresponding 7.6933% of Guodu Securities) held by Guohua Energy, with a transaction price of about 1,094 million yuan. On May 27, 2024, Zheshang Securities and Guohua Energy signed the “Shanghai Property Exchange Contract”. This transaction is in line with Zheshang Securities's strategic plan, which helps Zheshang Securities to optimize resource allocation, strengthen resource integration, and utilization
Zhejiang Shanghai-Hangzhou: Zheshang Securities plans to participate in the auction of Guodu Securities shares held by Guohua Energy
Zhejiang Shanghaihang (00576) announced that on May 7, 2024, Zheshang Securities (601878.SH) agreed to participate in the auction of approximately 448.5 million shares of Guodu Securities Co., Ltd. held by Guohua Energy Investment Co., Ltd. (corresponding 7.6933% of Guodu Securities), and authorized the chairman of the company to decide and handle matters related to this auction within the scope authorized by the board of directors, including but not limited to formulating an auction strategy, deciding on a bid quotation, and handling related procedures.
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