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Guangzhou Development Group Posts Slight Rise in 2024 Total Power Generation
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Guangzhou Development Group Incorporated (600098.SH): Guangzhou Industrial Investment and its concerted parties plan to increase their shareholding by 0.1 billion yuan to -0.2 billion yuan.
On January 6, Gelonghui reported that Guangzhou Development Group Incorporated (600098.SH) announced that on January 3, 2025, the company's controlling shareholder, Guangzhou Industry Investment Holding Group Co., Ltd. (hereinafter referred to as "Guangzhou Industry Investment"), in concert with Guangzhou Industry Investment Private Securities Investment Fund Management Co., Ltd. - Industry Investment Securities Value No. 1 Private Securities Investment Fund (hereinafter referred to as "Industry Investment Securities - Value No. 1"), increased its shareholding in the company's A shares by 8,018,074 shares through the centralized bidding transaction system of the Shanghai Exchange, accounting for 0.23% of the company's total share capital. This is based on confidence in the company's future sustainable and stable development as well as the company's value.
Guangzhou Development Group (SHSE:600098) Shareholders Will Want The ROCE Trajectory To Continue