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Private Companies Among Jiangyin Electrical Alloy Co.,Ltd's (SZSE:300697) Largest Stockholders and Were Hit After Last Week's 17% Price Drop
Jiangyin Electrical Alloy Co.,Ltd's (SZSE:300697) Business Is Trailing The Market But Its Shares Aren't
Jiangyin Electrical Alloy: Summary of Half-Year Report in 2024.
Jiangyin Electrical Alloy: Half-year report for the year 2024.
Jiangyin Electrical Alloy (300697.SZ): The net income in the first half of the year was 66.767 million yuan, a 12.24% decrease compared to the same period last year.
Gelonghui announced its semi-annual report for 2024 on August 23. During the reporting period, the revenue was 1.23 billion yuan, an increase of 3.94% year-on-year; the net income attributable to the shareholders of the listed company was 66.767 million yuan, a decrease of 12.24% year-on-year; the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 66.1077 million yuan, a decrease of 12.54% year-on-year; and the basic earnings per share was 0.201 yuan.
ningbo fubang jingye group (600768.SH): intends to acquire no less than 51% equity of jiangyin electrical alloy.
Ningbo Fubang Jingye Group (600768.SH) announced on August 7th that for the further improvement of its profit-making ability and asset quality, the company plans to acquire control over Jiangyin Electrical Alloy by paying in cash. On August 7th, 2024, the company signed an 'equity acquisition intention letter' with the major shareholders of Jiangyin Electrical Alloy, Xinle Group and Wang Haitao, aiming to acquire no less than 51% equity of Jiangyin Electrical Alloy. The above agreement is only an intention agreement, expressing the cooperation intention of each party. The specific transaction plan and terms of the transaction shall be subject to the formal agreement signed by each party. Based on preliminary estimation, this transaction is expected to constitute a 'major asset reorganization of listed companies'.
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