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GTJA: Financial and tax reforms may boost the profitability and valuation of the construction sector's one-for-five rate.
The financial and tax system reform may increase local revenue and enhance the investment and payment capacity of local governments. On the one hand, new contracts are expected to be signed by construction companies, while on the other hand, existing orders may accelerate the progress of more physical workload and performance, enhancing total profit, net asset return rate, and PEG valuation.
China Pipe Names Co-Chairmen
China Pipe (00380): Lai Bailing was appointed as Executive Director and Co-Chairman.
China Pipe (00380) issued an announcement that Mr. Lai Bolin has been appointed as the company's executive director and co-chairman starting from July 1, 2024; and Mr. Lai Bolin has been appointed as a member of the company's remuneration committee and the chairman of the nomination committee. Mr. Lai Fulin has been transferred to the co-chairman of the company, and no longer serves as a member of the company's remuneration committee and the chairman of the nomination committee.
Express News | China Pipe Group - Lai Guanglin Appointed as Executive Director, Co-Chairman
Express News | China Pipe Group - Lai Fulin Has Been Re-Designated as Co-Chairman
China Management (00380) subsidiary renews leases two properties in Mongkok, Kowloon
According to the Zhitong Finance App, China Management Industry (00380) issued an announcement. On May 23, 2024 (after the transaction period), the company's indirect wholly-owned subsidiary, Bin Ji (as a tenant), has accepted and signed a lease offer relating to the renewal of the existing property I and the lease offer relating to the new rental property II. According to reports, Property I is Room 1010-1013 and 1015-1016, 10th Floor, Grand Century Plaza Phase 2, 193 Prince Edward Road West, Mongkok, Kowloon, and Property II is Room 1017, 10th Floor, Phase 2, Grand Century Plaza, Phase 2, 193 Prince Edward Road West, Mongkok, Kowloon.
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