Citic Sec: Equipment update policy is implemented, equipment investment in related fields is expected to accelerate.
For equipment updates and the scrapping and updating of old operational ships, the National Development and Reform Commission will take the lead in arranging approximately 148 billion yuan of ultra-long-term special national bonds to implement support policies for large-scale equipment updates.
ACESO LIFE SCI: Annual Report 2023/24
Hao Tian International Construction Explores Purchase of Stake in Zero-Emission Automaker
Hao Tian Intl (01341.HK) and Aceso Life Sci (00474.HK): Hao Tian Intl Construction and Investment intends to acquire approximately 49.42% of the shares of Wisdom Group Holdings.
On July 5th, GTI News reported that Hao Tian Intl (01341.HK) and Aceso Life Sci (00474.HK) issued an announcement that Aceso Life Sci and Hao Tian Intl Investment joyfully announced that Hao Tian Intl Investment has signed a non-legally binding letter of intent with the target company (as defined below), based on which Hao Tian Intl Investment has expressed its intention to acquire, while a major shareholder of the target company expressed his intention to sell and encourage others to sell, and Wisdom Group Holdings Limited (the "Target Company") has approximately 49.42% of the total issued share capital.
Express News | Hao Tian International Construction Investment- Deal to Be Satisfied 50% by Cash & 50% by Issuance of Shares of Co at Issue Price of HK$0.7 per Share
Aceso Life Science Logs Higher Losses in Fiscal Year 2024
Aceso Life Sci (00474.HK): Annual equity holders of the company hold a loss of HKD 462 million.
On June 27th, Gralonhui reports that Aceso Life Sci (00474.HK) has announced that it achieved revenue of HKD 228 million for the fiscal year ending March 31, 2024, a 26.92% year-on-year decrease; Gross profit of HKD 117 million, down 17.02% YoY; Net loss attributable to shareholders of the company was HKD 462 million for the year, compared with HKD 264 million for the same period last year; Basic loss per share was HKD 6.35. The decrease in total revenue in this fiscal year was mainly due to the decrease in sales of construction machinery and spare parts sales and rental income of construction machinery.
Express News | Corrected-Aceso Life Science Group FY Net Income HKD -809 Million (Corrects Amount)
Express News | Aceso Life Science Group FY Net Income HKD 14 Million
ACESO LIFE SCI: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2024
Aceso Life Science: Increase in Fair Value Losses on Financial Assets Hurt Results >0474.HK
Aceso Life Science Expects FY Ended March Loss to Widen >0474.HK
Aceso Life Sci (00474) issues profit warning, expected to incur an annual loss of approximately 869 million Hong Kong dollars.
Aceso Life Sci (00474) announced that the group is expected to incur a loss for the year ending March 31, 2024, according to the announcement.
Express News | Aceso Life Science Group - Expected Result Due to Increase in Fair Value Losses on Investment Properties, Others
Express News | Aceso Life Science Sees Loss of HK$869 Mln for Year
Aceso Life Sci (00474.HK) held a board of directors meeting on June 26 to approve annual performance.
Aceso Life Sci (00474.HK) announced that a board of directors meeting will be held on June 26, 2024 (Wednesday) at rooms 2501-2509, 25/F, Rykadan Capital Tower, 135 Hoi Bun Road, Kwun Tong, Hong Kong, to approve (including) the end-of-year performance and its publication of the company and its subsidiaries ending on March 31, 2024, and consider recommending year-end dividends (if any).
CICC: What determines the domestic demand cycle for excavators?
It is expected that adjustments in real estate policies may drive real estate starts to bottom up, which in turn will gradually drive domestic demand for excavators to bottom up.
Orient Securities: Domestic sales of excavators accelerated in April, construction started and improved month-on-month
Domestic sales of excavators have been growing for two consecutive months, which is expected to boost confidence in the industry's development to a certain extent. The growth rate of export sales fluctuates downward or is affected by a high base over the same period and demand differentiation in overseas markets.
China Construction Machinery Industry Association: Sales of 24,980 excavators of various types fell 2.34% year on year in March 2024
March 2024 Construction Machinery Industry Major Product Sales Report
Xinming Life Technology (00474): Dahua Ma Shiyun appointed as auditor
Xinming Life Technology (00474) issued an announcement that Zhonghui Anda Certified Public Accountants Co., Ltd. has resigned as the company's auditor,...
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