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Shanxi Lanhua Sci-Tech VentureLtd (SHSE:600123) Might Be Having Difficulty Using Its Capital Effectively
Shanxi Lanhua Sci-Tech Venture (600123.SH): A total of 0.8% of shares repurchased. The company has completed the buyback.
Gelonghui reported on December 17 that Shanxi Lanhua Sci-Tech Venture (600123.SH) announced that on December 16, 2024, the company completed its share repurchase, having actually repurchased 11,879,979 shares of the company, accounting for 0.80% of the company's total equity. The highest repurchase price was 9.2 yuan per share, the lowest repurchase price was 7.51 yuan per share, and the average repurchase price was 8.42 yuan per share, with a total investment of 100,023,930.44 yuan.
Shanxi Lanhua Sci-Tech Venture (600123.SH): plans to demolish the No. 1 apartment building of the Tang'an Coal Mine branch and construct a new staff apartment building.
On December 13, Gelonghui announced that Shanxi Lanhua Sci-Tech Venture (600123.SH) has decided to improve employee lodging conditions. The Board of Directors agreed to demolish the 1# apartment building of the Tang'an Coal Mine branch and construct a new staff apartment building, with a project estimated investment of 43.4831 million yuan and a construction period of 18 months.
Shanxi Lanhua Sci-Tech Venture (600123.SH): plans to increase capital by 1.189 billion yuan to Lanhua Coal Chemical Company.
On December 13, Gelonghui reported that Shanxi Lanhua Sci-Tech Venture (600123.SH) announced, to promote the transformation and upgrading of its affiliated coal chemical enterprises in the Bagong Park area, and to achieve the intensive, large-scale, and Asia Vets development of the coal chemical industry, the proposal was approved at the fifth extraordinary Shareholder meeting of 2024 held on October 28, 2024. It was agreed to use the wholly-owned subsidiary Shanxi Lanhua Coal Chemical Co., Ltd. (referred to as 'Lanhua Coal Chemical Company') as the main body to invest in and construct the Lanhua Coal Chemical Energy-saving and Environmentally Friendly upgrade and renovation project, with a total estimated investment of 3.962 billion yuan, of which 3.747 billion yuan is for construction investment.
Shanxi Lanhua Sci-Tech Venture Co.,Ltd's (SHSE:600123) Business And Shares Still Trailing The Market
Private Companies Among Shanxi Lanhua Sci-Tech Venture Co.,Ltd's (SHSE:600123) Largest Stockholders and Were Hit After Last Week's 7.6% Price Drop
Shanxi Lanhua Sci-Tech VentureLtd (SHSE:600123) Jumps 5.2% This Week, Though Earnings Growth Is Still Tracking Behind Three-year Shareholder Returns
