2024 Annual Results Advance Loss Announcement

SZSIJan 17 11:00 ET · Announcements

Why Investors Shouldn't Be Surprised By Shanghai Aerospace Automobile Electromechanical Co., Ltd.'s (SHSE:600151) 26% Share Price Plunge

Simply Wall StJan 13 17:24 ET

Shanghai Aerospace Automobile Electromechanical Co., Ltd.'s (SHSE:600151) Market Cap Dropped CN¥1.3b Last Week; Retail Investors Bore the Brunt

Simply Wall StJan 6 20:09 ET

Shanghai aerospace automobile electromechanical (600151.SH): intends to reduce the capital of Hong Kong Holdings by 52.5 million USD.

On December 10, Gelonghui reported that Shanghai Aerospace Automobile Electromechanical (600151.SH) announced the establishment of its wholly-owned subsidiary China Aerospace (Hong Kong) Co., Ltd. (referred to as "Hong Kong Holdings") on February 23, 2011, with an initial registered capital of 9.6 million US dollars, serving as an overseas holding shell company. As of September 30, 2024, Hong Kong Holdings had a registered capital of 401.931401 million US dollars and liquid funds of 58.3357 million US dollars (based on September 30, 2024, with 1 Euro = 1.117 US dollars and 1 US dollar = 7.007 Chinese yuan, same below). This aims to improve capital utilization efficiency.

Gelonghui FinanceDec 10, 2024 02:36 ET

Shanghai Aerospace Automobile Electromechanical (SHSE:600151) Has Debt But No Earnings; Should You Worry?

Simply Wall StDec 8, 2024 20:19 ET

Shanghai Aerospace Automobile Electromechanical (600151.SH): The holding subsidiary ESC Chong south korea plans to liquidate and cancel its Changshu subsidiary.

On November 22, Galonhui announced that Shanghai Aerospace Automobile Electromechanical (600151.SH) disclosed that its holding subsidiary ESC South Korea established ESC South Korea (Changshu) Automobile Systems Co., Ltd. (referred to as "ESC South Korea Changshu") in November 2017, engaging in heat exchange business within China. Up to now, ESC South Korea Changshu has been maintaining a state of no actual business operation. The board of directors of the company agreed to liquidate and deregister ESC South Korea Changshu through its holding subsidiary ESC South Korea. ESC South Korea Changshu did not directly engage in business operations, there are no accounts receivable to be cleared, and there are no employee placement issues. The company does not have any operations for ESC.

Gelonghui FinanceNov 22, 2024 03:24 ET