CRRC (SHSE:601766) Seems To Use Debt Rather Sparingly
CRRC Corporation (601766.SH): A subsidiary plans to transfer 80% equity of the equipment company to the parent company free of charge.
Gelonghui, December 23丨CRRC Corporation (601766.SH) announced that the Board of Directors has approved the free transfer of 80% equity held by its wholly-owned subsidiary CRRC Asset Management Co., Ltd. in Beijing North Vehicle CRRC Rail Transit Equipment Co., Ltd. (referred to as "Equipment Company") to the company. After this transfer is completed, the Equipment Company will become a first-level subsidiary of the company.
A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
Zhuzhou CRRC Times Electric Cancels 4.8 Million Shares
Express News | Dubai's Roads and Transport Authority Awards AED 20.5 Bln Dubai Metro Blue Line Project Contract for Consortium of Three Companies
Reiterating Market Cap management! Most Hong Kong dividend stocks are rebounding, with CRRC Corporation leading the way.
① What bullish policies for dividend stocks have been announced in the market since the beginning of this year? ② How do institutions view the current dividend stocks?
Hong Kong stocks are moving differently | Infrastructure stocks rose in early trading as the State-owned Assets Supervision and Administration Commission released Market Cap management opinions. Institutions are Bullish on the fundamentals and valuation r
Infrastructure stocks rose in the morning session. As of the time of writing, CRRC Corporation (01766) was up 4.36%, at 4.79 Hong Kong dollars; China Railway Construction Corporation (01186) was up 2.73%, at 5.65 Hong Kong dollars; China Railway (00390) was up 2.64%, at 3.89 Hong Kong dollars.
CRRC Corporation (01766) subsidiary CRRC Capital intends to subscribe to the partnership shares of the Zhongke Technology Achievement Transformation Venture Capital Fund (Guangdong) Partnership (Limited Partnership).
CRRC Corporation (01766) released an announcement to innovate investment models, promote the effective integration of "production" and "research," and establish Technology...
Express News | Crrc Corp Says Subsidiary Plans to Invest 300 Mln Yuan in Venture Fund
Zhuzhou CRRC Times Electric to Buy New Energy Vehicle Company
Zhuzhou CRRC Times Sets New 3-Year Supply Deal
Zhuzhou CRRC Times Electric's (HKG:3898) One-year Earnings Growth Trails the 44% YoY Shareholder Returns
CRRC Corporation Limited's (SHSE:601766) Top Owners Are Private Companies With 51% Stake, While 31% Is Held by Individual Investors
CRRC Expands R&D With Major Property Acquisitions
CRRC Corporation (01766.HK): Times Electric plans to repurchase listed in hong kong shares, with a maximum limit of 1.702 billion yuan.
Gelonghui, December 8, reports that crrc corporation (01766.HK) has announced that the board of directors has approved the proposal regarding times electric's repurchase of its shares listed in Hong Kong. It agrees that the company's subsidiary, Zhuzhou CRRC Times Electric Co., Ltd., will repurchase its H shares with its own funds, without triggering the obligation for a mandatory offer, with a maximum repurchase quantity of 54.2632 million H shares and a repurchase amount not exceeding 1.702 billion yuan (excluding transaction costs).
CRRC Corporation (01766.HK) partners with Hong Kong Railroads Australia, jointly bidding for the Sydney Metro West project.
On December 8, Gelonghui reported that CRRC Corporation (01766.HK) announced that the board of directors approved the proposal regarding the formation of a consortium by CRRC Corporation (Hong Kong) Limited to participate in the bidding for the Sydney Metro West project in Australia. It was agreed that the company's wholly-owned subsidiary, CRRC Corporation (Hong Kong) Limited, and the Hong Kong Railroads Australia Company would form a consortium to bid for the Sydney Metro West project in Australia.
CRRC Corporation (01766.HK): CRRC Zhuzhou Electrical Utilities Locomotive Research Institute will build two wind farms with an investment scale of 2.456 billion yuan.
On December 8, Gelonghui reported that crrc corporation (01766.HK) announced that the board of directors approved the proposal regarding the construction project of the Tianlin Nabei and Tianlin Lizhou wind farms in Baise, Guangxi. It agreed that the company's wholly-owned subsidiary, crrc zhuzhou electrical utilities research limited company, would implement the construction project of the Baise Tianlin Nabei and Tianlin Lizhou wind farms, with a total project investment of approximately 2456.15 million yuan.
Express News | Crrc Says Units Plan to Buy Properties, Commercial Homes & Parking Spaces Worth 868.3 Mln Yuan
crrc corporation (601766.SH): Beijing sifang automation and sifang plan to acquire assets of Qingdao Technology Park.
On December 8, Gelonghui reported that crrc corporation (601766.SH) announced that its holding subsidiary beijing sifang automation and wholly-owned subsidiary beijing sifang plan to implement the crrc sifang intelligent port project. To this end, it plans to purchase customized properties, commodity homes, and parking spaces in the crrc Qingdao Technology Park, with a transaction amount of approximately 868.27 million yuan. The crrc Qingdao Technology Park is controlled by the company's controlling shareholder, crrc group, so this transaction constitutes a related party transaction. The symbols involved in the transaction include 1 set of customized property, 32 sets of commodity homes, and 50 usage rights for parking spaces.
Zhuzhou CRRC Times Electric to Repurchase Up to 54.3 Million H Shares
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