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China Longevity Gets Cash Partial Offer
CHI LONGEVITY (01863.HK) has received an offer to acquire approximately 10% of its shares at a discount of about 99.3% from Alternative Liquidity Index, LP.
Gelonghui February 11丨CHI LONGEVITY (01863.HK) announced that on February 10, 2025, the offeror Alternative Liquidity Index, LP notified the target company of its definite intention to make a partial tender offer to acquire up to 85,261,250 offer shares at a price of HKD 0.01 per share (accounting for about 10% of the target company's issued share capital as of the date of this announcement). As of the date of this announcement, the offeror and its concert parties do not hold any shares, convertible securities, warrants, or options in the target company.
Express News | China Longevity - Offer by Somerley Capita to Acquire a Maximum of 85.3 Mln Shares in Co for HK$0.01 per Share
CHI LONGEVITY: INTERIM REPORT 2024
CICC Securities: The chemical industry continued to fluctuate in the first half of the year, with strong tire exports and double growth in revenue and performance.
In the first half of 2024, the chemical industry achieved revenue of 1237.63 billion yuan, a year-on-year increase of +4.2%; net income attributable to the company was 75.25 billion yuan, a year-on-year increase of +0.8%.
chi longevity (01863.HK) mid-term revenue increased by approximately 18.9% to approximately 0.532 billion yuan
As of June 30, 2024, the company's revenue increased by approximately 18.9% to approximately RMB 5.322 million; the gross margin decreased from 18.3% to 17.4%; the net profit attributable to shareholders of the company increased by approximately 3.1% to approximately RMB 2.02 million; and the basic earnings per share were approximately RMB 2.36 cents.