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Lucky Film (SHSE:600135 Shareholders Incur Further Losses as Stock Declines 11% This Week, Taking Three-year Losses to 17%
Lucky Film to Transfer Assets to Subsidiary for Free
Lucky Film (600135.SH): Some assets are planned to be transferred free of charge to a wholly-owned subsidiary.
On December 17, Gelonghui reported that Lucky Film (600135.SH) announced that its 9-10# production line was gradually completed between 2009 and 2011, and began producing release films and CECEP Solar Energy back panels, among other products. Currently, there are no suitable products for production, resulting in low equipment utilization rates. At the same time, in recent years, the company's wholly-owned subsidiary, Lucky Medical Technology Co., Ltd. (hereinafter referred to as "Lucky Medical"), has continuously improved its product innovation capabilities. Some R&D products urgently need to undergo pilot testing and require modifications to the 9-10# line for use; therefore, it is proposed to transfer certain fixed assets of the 9-10# line to Lucky Medical free of charge.
Is Lucky Film (SHSE:600135) Using Too Much Debt?
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Lekai Film Co., Ltd. Report for the Third Quarter of 2024
Lucky Film Company Limited's (SHSE:600135) 27% Share Price Plunge Could Signal Some Risk
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