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Zhuzhou Hongda Electronics Corp.,Ltd. (SZSE:300726) Screens Well But There Might Be A Catch
Zhuzhou Hongda Electronics Corp., Ltd. (300726.SZ): The "Microwave Electronic Component Production Base Construction Project" is proposed to be postponed until December 31, 2025.
On December 25, Gelonghui reported that Zhuzhou Hongda Electronics Corp.,Ltd. (300726.SZ) announced that the fourth meeting of the fourth Board of Directors and the fourth meeting of the fourth Supervisory Board convened on December 25, 2024, respectively reviewed and approved the proposal "Regarding the Delay of Certain Fundraising Projects of the Company" and agreed to adjust the date for achieving the expected usable status for the company's A-shares fundraising investment project "Microwave Electronic Component Production Base Construction Project" raised in 2021 from December 31, 2024, to December 31, 2025.
Is It Time To Consider Buying Zhuzhou Hongda Electronics Corp.,Ltd. (SZSE:300726)?
Zhuzhou Hongda Electronics Corp.,Ltd. (300726.SZ): Products are widely used in high-reliability areas such as Aviation equipment for aircraft.
According to GELONGHUI on December 11, Zhuzhou Hongda Electronics Corp., Ltd. (300726.SZ) stated on the investor interaction platform that our products are widely used in high-reliability areas such as aircraft and other Aviation equipment.
Zhuzhou Hongda Electronics Corp., Ltd. (300726.SZ): plans to acquire 2.57% equity of Hongda Magnetic and 3% equity of Huayi Microwave.
On November 18, Gelonhui announced that Zhuzhou Hongda Electronics Corp., Ltd. (300726.SZ) disclosed that Zhuzhou Hongda Magnetic and Electric Technology Co., Ltd. (hereinafter referred to as 'Hongda Magnetic') is a company's holding subsidiary. The company has now decided to acquire 2.57% equity held by Ms. Liang Xuefei, one of the minority shareholders of Hongda Magnetic, at a price of RMB 4.283205 million. Other minority shareholders have waived their preemptive rights, including Mr. Xu Qianjun, one of the other minority shareholders, who is a director and vice general manager of the company, a related natural person of the company. Mr. Xu Qianjun's waiver of preemptive rights in this transaction constitutes a related party transaction. Zhuzhou Huayi Microwave Technology Co., Ltd. (hereinafter referred to as 'Huayi Microwave Technology')
Are Strong Financial Prospects The Force That Is Driving The Momentum In Zhuzhou Hongda Electronics Corp.,Ltd.'s SZSE:300726) Stock?