Lai Sun Garment (International) Subsidiary to Pay $31 Million for Loan, Buyback From Investor

MT NewswiresDec 18 08:18 ET

SFSY ENERGY (00750.HK) has entered into an investment agreement with CHINA CINDA.

SFSY ENERGY (00750.HK) announced that on December 16, 2024, CHINA CINDA and HING YIP HLDGS (a wholly-owned subsidiary of the company) entered into an investment agreement, under which the parties have agreed to conduct a sale, restructuring, and capital assumption. Through the sale (as further investment made by CHINA CINDA into the group), CHINA CINDA will indirectly acquire 40.05% of the 48% equity stake in SFSY CLEAN ENERGY that the group will inject into the investment company (which amounts to a 19.2% actual interest).

Gelonghui FinanceDec 16 06:40 ET

Express News | China Shuifa Singyes Energy-Capital Commitments of RMB158.3 Mln & RMB63.3 Mln in Xinxing New Energy (Guangdong) Investment Co by Unit & China Cinda

ReutersDec 16 06:36 ET

Express News | China Shuifa Singyes Energy - China Cinda to Indirectly Acquire 40.05% of 48% of Stake in Shuifa Clean Energy

ReutersDec 16 06:34 ET

Xinda Securities (601059.SH): Strengthen the collaborative cooperation with the controlling shareholder china cinda in the non-performing assets business, supporting local economic and livelihood development.

On December 10, Gelonghui reported that CHINA CINDA Securities (601059.SH) stated at its earnings briefing that the national debt management policy is beneficial for the stability and healthy development of the credit bond market. The company will actively support the national debt management policies, fully utilize the functional role of Financial Institutions, strengthen collaboration with the controlling Shareholder CHINA CINDA in dealing with non-performing assets, support local economic and people's livelihood development, and promote sustainable high-quality economic growth. The performance of the stock price in the secondary market is influenced by various factors such as macroeconomic conditions, market environment, and market sentiment. The company places a high emphasis on Market Cap management, insists on focusing on core responsibilities and operations, maintaining steady operations, and regulating its activities.

Gelonghui FinanceDec 10 03:40 ET

Fangzheng Securities (601901.SH): CHINA CINDA has cumulatively reduced its shareholding by 21.95 million shares in the company.

Gelonghui, December 9 - Founder Securities (601901.SH) announced that as of December 8, 2024, the implementation period of this shareholding reduction plan has expired, and china cinda has cumulatively reduced its holdings in the company by 21.95 million shares, accounting for 0.27% of the company's total share capital.

Gelonghui FinanceDec 9 03:32 ET