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Hong Kong stock announcement to uncover opportunities | SHOUCHENG intends to sell approximately 0.607 billion shares of SHOUGANG RES for about 1.4566 billion Hong Kong dollars.
IDREAMSKY (01119) has reached a collaboration with stc play in the fields of technology and gaming. ASCLETIS-B (01672): The weight loss candidate drug ASC47, which treats obesity, has shown better weight loss effects than single-agent semaglutide in preclinical models when used in combination.
DYNASTY WINES (00828.HK) established a joint venture in Jiangsu to produce and sell Huangjiu (Chinese Liquor) and Chenpi liquor.
Gelonghui, December 18th丨DYNASTY WINES (00828.HK) announced that on December 18, 2024, the company's wholly-owned subsidiary DYNASTY WINES will enter into a joint venture cooperation agreement with Jiu Zhong Xian to establish a joint venture company in China to produce and sell Huangjiu(Chinese Liquor) and Chenpi liquor in Dongtai City, Jiangsu Province, subject to the conditions specified in the joint venture agreement. After the establishment of the joint venture company, it will be 51.02% owned by DYNASTY WINES and will be recorded as a subsidiary of the group, with its financial performance consolidated into the group's consolidated financial statements. The establishment of the joint venture company can leverage the respective professional advantages of the group and Jiu Zhong Xian to achieve new liquor.
Express News | Dynasty Fine Wines - Formation of Jv Co in Dongtai City With Total Registered Capital of RMB58.8 Mln
DYNASTY WINES (00828.HK) is in discussions with the venue owner regarding compensation for the group's Assets.
On December 16, GT Monitor reported that DYNASTY WINES (00828.HK) announced that, as of the date of this announcement, several assets of the group (including manufacturing equipment and systems) are installed at the site of a related party (site owner) in Tianjin, China. The group has been notified by the site owner that the site (including those assets) will be expropriated and demolished for local redevelopment. In this regard, the group is currently negotiating with the site owner regarding compensation for those assets owed to the group. However, as of the date of this announcement, the parties have not yet entered into a legally binding agreement.
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