This week adds 20 more! China State Construction Engineering Corporation and several other stocks disclosed shareholding and repurchase loan plans, a list of related A-share stocks is provided.
① The acceleration of Share Buyback and Shareholding through refinancing is being implemented, according to incomplete statistics from the Financial Association. As of the time of this report, 20 listed companies have disclosed information related to Share Buyback and refinancing this week (see attached table); ② The controlling shareholder of China State Construction Engineering Corporation has obtained a special loan with the maximum amount not exceeding 1.08 billion yuan. HMT (Xiamen) New Technical Materials Co., Ltd intends to increase its Share Buyback scale, and the next day's closing stock price hit the limit up.
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.
For the first time in history! The largest Shareholder of Shanghai Pudong Development Bank has increased their Shareholding in the secondary market, and bank stocks with a Low P/b Ratio are attracting capital favor.
① A relevant person from Shanghai Pudong Development Bank confirmed to the Financial Association reporters that the largest Shareholder, International Group, is making its first-ever Shareholding in the bank from the secondary market. ② The market reacted strongly, believing that there are two possible reasons for the Shareholding: implementing Market Cap management and addressing Convertible Bonds issues.
Another photovoltaic leader is heading to the Middle East. JA Solar Technology plans to invest 4 billion yuan to build Battery component production capacity in Oman | Quick read announcement.
① After planning projects in Egypt, JA Solar Technology announced plans to invest in Oman to build a project with an annual production capacity of 6 GW of high-efficiency Battery cells and 3 GW of high-power Battery modules, with a total investment of nearly 4 billion yuan; ② The Middle East and North Africa region has become a new destination for photovoltaic export, with many Chinese companies officially announcing plans and progress, aiming for production as early as 2025.
For the first time since 2008? The largest shareholder Shanghai International Group has acted to increase its shareholding in Shanghai Pudong Development Bank, with a maximum limit of 94 million shares, promising not to reduce its shareholding within five
① The company commits not to shareholding the shares it holds in the company during the implementation of this shareholding plan and within 5 years after its completion. ② Wind Statistics show that this shareholding marks the first time Shanghai International Group has increased its holdings in Shanghai Pudong Development Bank in the secondary market after the affiliated company's receipt of a portion of shares transferred from the Shanghai Shibei Group in 2008.
Difficulties in recovering over 1.584 billion in loans? New developments in the lawsuit against Bank Of Guiyang, with urgent improvements needed in risk control capabilities amidst a series of disputes.
① In the long term, an increase in non-performing loans may put pressure on the asset quality and profitability of Banks. ② The other party's company may face financial difficulties, and even if winning the lawsuit, there is a possibility that the other party may not be able to repay the debts on time and in full.