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CONGYU INTE AGR (00875.HK) has completed the issuance of a total of 75.85 million shares.
On March 18, Gelonghui announced that CONGYU INTE AGR (00875.HK) had met all the prerequisites for the subscription agreement, and the completion of the subscription will be implemented on March 18, 2025, according to the terms and conditions of the subscription agreement. According to the terms of the subscription agreement, a total of 75,851,407 new shares have been allocated and issued to the subscribers at a subscription price of HKD 0.565 per share. The subscribed shares account for approximately 16.67% of the total issued shares after the subscription shares have been allotted and issued as of the date of this announcement.
CONGYU INTE AGR (00875.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui March 17 - CONGYU INTE AGR (00875.HK) announced that the Board of Directors meeting will be held on March 31, 2025 (Monday) to consider and approve the full-year performance and announcement of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for a final dividend distribution (if any).
CONGYU INTE AGR: DATE OF BOARD MEETING
The Bird Flu outbreak in the USA has somewhat eased, and egg prices quickly fell in March.
① In the first week of March, the wholesale price of bulk eggs in the USA dropped by $1.20, with a national average price of approximately $6.85 per dozen, a decrease of 15% from the previous week; ② According to a report from the USA Department of Agriculture, there have been no significant outbreaks of highly pathogenic Bird Flu detected in the last two weeks, leading to weakened demand for eggs.
"Winter goes, spring comes"? After the sharp drop in white feather broiler prices, they have increased by 40%. Profitability at the breeding end, many farmers still have lingering fears | Industry observation
On March 13, the actual transaction price of ShanDong white feather broiler chickens rose to over 3.5 yuan per pound, a 40% rebound compared to the extreme Low Stock Price of "10 yuan for 4 pounds" a month ago. Listed companies such as Spring Snow Food indicated that the prices of segmented products have recently warmed up, and the shipping situation has also slightly improved; the industry stated that the recovery of the white feather chicken Industry Chain is related to the recent market being in a supply gap due to the Spring Festival, leading to a decrease in the overall market supply of live chickens.
CONGYU INTE AGR (00875): The subscription price per share has been adjusted to HK$0.565 and will resume trading in the afternoon.
CONGYU INTE AGR (00875) announced that on February 24, 2025, the company entered into subscription agreements with respective subscribers.
Positive Sentiment Still Eludes China Finance Investment Holdings Limited (HKG:875) Following 37% Share Price Slump
