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Minmetals Development (600058.SH): received government subsidies of 20.5898 million yuan.
Gelonghui reported on January 3 that Minmetals Development (600058.SH) announced that its subsidiary, Zhongkuang (Quzhou) Recycling Resources Co., Ltd., recently received a government subsidy of 20.5898 million yuan, which is a government subsidy related to income, accounting for 10.33% of the most recent audited net income attributable to shareholders of the listed company.
Earnings Are Growing at Minmetals Development (SHSE:600058) but Shareholders Still Don't Like Its Prospects
Minmetals Development (600058.SH) and its subsidiaries plan to engage in accounts receivable factoring and receivable bill discounting business.
On December 9, Gelonghui reported that Minmetals Development (600058.SH) announced that the company and its subsidiaries plan to engage in non-recourse accounts receivable factoring and accounts receivable bill discounting with commercial Banks and non-bank Financial Institutions. The total amount for these activities in 2025 will not exceed RMB 25.5 billion, and the rates will be agreed upon based on the specific fluctuations of financial market prices at the time of each transaction. The duration of the business will be based on the terms specified in the individual accounts receivable factoring and accounts receivable bill discounting contracts.
Minmetals development (600058.SH): plans to increase the capital of its subsidiary Minmetals logistics and adjust the shareholding structure of its subordinate companies.
On December 9, Gelonghui reported that minmetals development (600058.SH) announced plans to increase its capital in its wholly-owned subsidiary, Minmetals Logistics Group Co., Ltd. (referred to as "Minmetals Logistics"), with an investment of 785.2338 million yuan. After the capital increase, Minmetals Logistics intends to acquire 100% equity of Minmetals Wuxi Logistics Park Co., Ltd. (referred to as "Wuxi Logistics Park"), 70% equity of Minmetals Logistics Park (Dongguan) Co., Ltd. (referred to as "Dongguan Logistics Park"), 100% equity of Minmetals Logistics (Shanghai) Co., Ltd. (referred to as "Shanghai Logistics Park"), and Minmetals National Railway Longteng.
Minmetals Development Co., Ltd. (SHSE:600058) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Some May Be Optimistic About Minmetals Development's (SHSE:600058) Earnings
Minmetals Development (SHSE:600058) Shareholders Have Lost 17% Over 1 Year, Earnings Decline Likely the Culprit
