Sky Blue 11 Fires CEO Amid Absence Since May
Sky Blue 11 Announces CEO Termination
The position of Lin Fute as CEO has been terminated for Tianxiangyu 11 (01010).
Tian Xi Yao 11 (01010) announced that the company has suspended all positions of Mr. Lin Fute, the company's executive president...
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Sky Blue 11 Announces New Hong Kong Address
Soochow Securities: Heavy trucks will transition from incremental market to stock renewal market.
Within 24 years, domestic demand is recovering weakly with support provided by the growth of highway freight volume. The oil and gas price differential remains high, driving the continuous high growth of natural gas heavy trucks from an economic perspective; policy-driven new energy heavy truck is accelerating its sales volume.
Soochow Securities: Terminal demand for heavy truck industry is flat, new energy funds perform well.
Over the next 24 years, as the economy weakly recovers, the growth of road freight volume is providing support for maintain quantity. The high oil and gas price differential is driving the continuous growth of natural gas heavy trucks due to economic reasons. Policy-driven new energy heavy trucks are being accelerated. High export growth in non-Russian regions offsets the decline in Russia, and the entire year's exports have resilience. The elimination of old trucks may lead to substantive subsidy policies to scrap National III/IV vehicles.
Revenues Not Telling The Story For Sky Blue 11 Company Limited (HKG:1010) After Shares Rise 26%
Tianxiyaoyao 11 (01010): the board of directors is not aware of Lin Futte's whereabouts.
Tianxiyaoyao 11 (01010) announced that it is related to the suspension of the position and power of the administrative CEO, Lin Fute, of the company...
In May, the pickup truck market sold 45,000 vehicles, an increase of 1.7% from the previous month, according to the Joint Branch Association.
According to the Zhitong Finance APP, data released by the Pick-up Sub-Association on June 14th, 2024 showed that 45,000 pickups were sold in May, which was the same as the previous year, an increase of 1.7% on a month-on-month basis, and was at a relatively high level in the past five years.
Tianxiang Yoyo 11 (01010.HK): Suspends the position and power of CEO Lin Futai.
Tianxiyaoyo 11 (01010.HK) announced on June 7 that the board of directors has decided to suspend the company's CEO, Lin Fute, from his position and authority as of June 7, 2024 due to the fact that Lin Fute has not been able to fulfill his job responsibilities at the company for the past two weeks due to unknown reasons. The board of directors and management were also unable to contact him during this period.
Express News | Sky Blue 11 Co - Board Resolved to Suspend LAM Fuk Tak, CEO, From His Duties and Powers
Tian Xiyao 11 announced the resignation of Zhang Fumin as an executive director.
Tianxiang Yao 11 (01010) announced that since the ordinary resolutions proposing the re-election of Zhang Fumin and Zhang Shengdong were not passed at the annual general meeting of shareholders, Zhang Fumin had rotated and resigned as executive director after the end of the annual general meeting of shareholders, while Zhang Shengdong had rotated and resigned as independent non-executive director. Zhang Shengdong also no longer serves as a member of the company's audit committee, nomination committee and remuneration committee.
Tianxiang Yao 11 (01010): Zhang Fumin resigned as executive director.
Tianxiayao 11 (01010) announced that due to the re-election of Zhang Fumin and Zhang Shengdong, the ordinary resolution was submitted to the annual meeting of shareholders.
Sky Blue 11 Terminates Rights Issue, Acquisition
Tianxiyaoyao 11 (01010) terminates stock offerings.
Tianxiayao 11 (01010) announces that, after further evaluation, it recommends the acquisition of certain assets, as well as funding and construction plans for the proposed project...
Tien Yuen Yiu 11 (01010): Li Yuen Shan has been appointed as the company secretary and authorized representative.
Tianxi YAO 11 (01010) announced that Lin Weiji serves as the company secretary and Hong Kong Stock Exchange Limited is the securities exchange.
Sky Blue 11 Delays Rights Issue Circular
Tianxi Yao11 (01010.HK) plans a “1 for 1” share offering to raise up to HK$147 million
Gelonghui, May 10, 丨 Tianxiyao 11 (01010.HK) announced that the company proposes to issue a maximum of 444,294,170 offering shares at a subscription price of HK$0.330 for each share held on the record date through a share offering method of up to HK$147 million (before deducting expenses). The share offering will only be open to eligible shareholders and will not be presented to unqualified shareholders. There are no additional application arrangements for the share offering, and the share offering has not been underwritten.
SKY BLUE 11: Annual Report 2023
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