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Zhejiang Orient Financial Holdings Group (600120.SH): Tongxiang Guotou intends to transfer 8.73% of the company's shares to its subsidiary Runtong Holdings without compensation.
On December 11, Glonghui reported that Zhejiang Orient Financial Holdings Group (600120.SH) announced that on December 11, 2024, it received notification from Shareholder Tongxiang Guotou, which holds more than 5% of shares, that Tongxiang Guotou signed an agreement for the gratuitous transfer of state-owned shares with its wholly-owned subsidiary, Runtong Holdings. Tongxiang Guotou plans to transfer its 298,013,245 freely tradable shares (accounting for 8.73% of the company's total share capital) to its wholly-owned subsidiary Runtong Holdings without compensation. This gratuitous transfer has been approved by the boards of directors and shareholders of both parties. As of the date of this announcement, Tongxiang Guotou directly holds 29.
Move quickly! The board of directors decided less than a month ago that zhejiang orient financial holdings group acquired 1.65% stake in Hangzhou United Bankshares, and the acquisition target has not yet exceeded half.
①Comparing the 1.65% stake acquired this time with the previously announced acquisition target of approximately 3.94% stake, it can be seen that zhejiang orient financial holdings group's acquisition target this time has only achieved less than half; ② Within the year, multiple equity of united bankshares in Hangzhou has already landed on various major judicial auction platforms, but the results are not satisfactory; ③ The transfer of the equity of regional banks by local state-owned assets will help promote their healthy development, which is a good option.
Zhejiang Oriental Financial Holding Group Co., Ltd. Report for the Third Quarter of 2024
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The State Council Information Office held a press conference on October 12, 2024. Minister of Finance Lan Fo'an stated that plans to significantly increase the debt limit at one time, replace the local government's existing hidden debts, and increase support to help local governments resolve debt risks. Overview of debt restructuring concept stocks.
zhejiang orient financial holdings group (600120.SH): proposes to invest in the acquisition of Hangzhou United Bankshares by no more than 3.94% stake.
Grain Long 11 October | Zhejiang Orient Financial Holdings Group (600120.SH) announced that, in order to further supplement core financial resources, build a comprehensive financial sector ecosystem, enhance core competitiveness and overall strength, the company plans to use its own funds to acquire Hangzhou United Bankshares by no more than 3.94% of the shares by December 31, 2024, based on an evaluation result that does not exceed the requirements of state-owned asset regulation. The acquisition methods include but are not limited to public auctions, agreement transfers, etc. Hangzhou United Bankshares was established on June 3, 2005, jointly restructured by the Hangzhou City Urban Credit Union and its 23 subsidiary credit unions into a cooperative bank, 20.
Market Participants Recognise Zhejiang Orient Financial Holdings Group Co., Ltd.'s (SHSE:600120) Earnings Pushing Shares 27% Higher
There's No Escaping Zhejiang Orient Financial Holdings Group Co., Ltd.'s (SHSE:600120) Muted Earnings
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