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CONGYU INTE AGR (00875.HK) will be suspended from trading starting April 1, pending the release of the annual performance for 2024.
Gelonghui April 1丨CONGYU INTE AGR (00875.HK) announced that, at the company's request, trading of the company's shares will be suspended on the Hong Kong Stock Exchange from 9:00 AM on April 1, 2025 (Tuesday), pending the release of the 2024 annual results.
CONGYU INTE AGR: INSIDE INFORMATION DELAY IN PUBLICATION OF THE 2024 ANNUAL RESULTS; POSSIBLE DELAY IN DESPATCH OF THE 2024 ANNUAL REPORT; POSTPONEMENT OF BOARD MEETING; AND SUSPENSION OF TRADING
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.