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Shanghai Aerospace Automobile Electromechanical (600151.SH): Received a government subsidy of 7.0551 million yuan.
On January 22, Gelonghui reported that Shanghai Aerospace Automobile Electromechanical (600151.SH) announced that the amount of government subsidies received by the company and its subsidiaries from January 1, 2024, to December 31, 2024, is 7,055,122.61 yuan (unaudited), among which the amount of government subsidies related to income is 5,982,922.61 yuan, accounting for 1.40% of the absolute value of the Net income attributable to the shareholders of the listed company in the most recent audited fiscal year; the amount of government subsidies related to Assets is 1,072,200.00 yuan, accounting for the share of the Net income attributable to the shareholders of the listed company in the most recent audited period.
2024 Annual Results Advance Loss Announcement
Why Investors Shouldn't Be Surprised By Shanghai Aerospace Automobile Electromechanical Co., Ltd.'s (SHSE:600151) 26% Share Price Plunge
Shanghai Aerospace Automobile Electromechanical Co., Ltd.'s (SHSE:600151) Market Cap Dropped CN¥1.3b Last Week; Retail Investors Bore the Brunt
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.
Shanghai Aerospace Automobile Electromechanical (SHSE:600151) Has Debt But No Earnings; Should You Worry?