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Shanghai Dazhong Public Utilities' Units, Largest Shareholder to Form Joint Venture
Shanghai Dazhong Public Utilities (01635): Shanghai Dazhong Supply Chain, Shanghai Dazhong Running Logistics, and Shanghai Dazhong Enterprise Management have signed a joint venture agreement to establish a joint venture company.
shanghai dazhong public utilities (01635) announced in a notice that on September 11, 2024, shanghai dazhong supply chain (a non-wholly owned subsidiary of the company...
Express News | Shanghai Dazhong Public Utilities Group Co Ltd - Formation of a Joint Venture Company
Shanghai Dazhong Public Utilities (01635.HK) subsidiary has entered into a domestic factoring business contract with Dazhong Wanxiang.
Shanghai Dazhong Public Utilities (01635.HK) announced that on September 11, 2024, Dazhong Factoring (a subsidiary of the company) entered into a domestic factoring business contract with Dazhong Wanxiang. Accordingly, Dazhong Factoring agreed to provide factoring financing to Dazhong Wanxiang, and Dazhong Wanxiang agreed to transfer its accounts receivable in the underlying contract to Dazhong Factoring, allowing Dazhong Factoring to carry out factoring business with recourse on the accounts receivable of Dazhong Wanxiang.
Shanghai Dazhong Public Utilities (600635.SH): subsidiary plans to jointly establish Shanghai Dazhong Green Mobility New Energy Development Co., Ltd. with related parties.
On September 11th, Gelunhui announced that, according to the company's new energy development strategy requirements, the company's subsidiaries Shanghai Dazhong Running Supply Chain Management Co., Ltd. and Shanghai Dazhong Running Logistics Co., Ltd. signed a "Joint Venture Agreement" with the company's controlling shareholder, Shanghai Dazhong Enterprise Management Co., Ltd., to jointly invest in the establishment of Shanghai Dazhong Green New Energy Development Co., Ltd. (tentative name, subject to the name approved by the market supervision and management department), with a registered capital of 20 million yuan. Whereby: Dazhong Supply Chain's contribution is 10 million yuan, with a 50% shareholding; Dazhong Logistics has committed
Shanghai Dazhong Public Utilities [01635] now reports 1.28 Hong Kong dollars, a decrease of 14.09%.
As of 11:48, Shanghai Dazhong Public Utilities [01635] reported a price of 1.28 Hong Kong dollars, down 0.21 Hong Kong dollars or 14.09% from yesterday's closing price of 1.49 Hong Kong dollars, with a turnover of 73.8861 million Hong Kong dollars. The highest price today is 1.78 Hong Kong dollars, the lowest price is 1.26 Hong Kong dollars. Based on the closing price of yesterday, the 10-day average price is 1.30 Hong Kong dollars, the 50-day average price is 1.24 Hong Kong dollars. The current price-earnings ratio is 16.27 times, and the 14-day relative strength index is 63.64.
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