China Fortune Land Development (600340.SH): Subsidiary companies plan to sign a Transfer Agreement with Xiongjian Construction and Renqiu Kongque City.

On July 5th, Gelunhui reported that China Fortune Land Development (600340.SH) announced, in order to effectively revitalize company assets, further integrate resources, achieve fund recovery, and according to the company's operational development needs, the company's subordinate companies Langfang Jingyu and Renqiu Dingxing intend to sign a transfer agreement with Xiongjian Construction and Renqiu Kongquecheng. As part of the transaction arrangement, the Transfer Agreement stipulates that Xiongjian Construction will acquire 100% equity of Renqiu Kongquecheng held by Langfang Jingyu and enjoy all the equity of the target company's shareholders, while taking over the 1.546 billion yuan of mutual funds payable by Langfang Jingyu to Renqiu Kongquecheng; Xiongjian Construction will also acquire Renqiu Dingxing's holdings

Gelonghui FinanceJul 5 06:59 ET

China Fortune Land Development (600340.SH): Wang Wenxue increases shareholding by 3 million shares.

China Fortune Land Development (600340.SH) announced on July 4th that Mr. Wang Wenxue will increase his shareholding in the company by a total of 3,000,000 shares through the Shanghai Stock Exchange trading system's centralized bidding trading method on July 4th, 2024, accounting for 0.077% of the total share capital of the company, with a total shareholding amount of RMB 3,330,000.

Gelonghui FinanceJul 4 04:57 ET

A-share noon review: Chinext price index rose by 0.4%, duty free shop concept and semiconductor stocks led the gains.

As of the noon close, the Shanghai Composite Index fell by 0.4% to 2985.01 points, the Shenzhen Component Index fell by 0.09%, and the Chinext Price Index rose by 0.4%.

Gelonghui FinanceJul 2 23:49 ET

China Fortune Land Development (600340.SH): Actively exploring relevant applications of the low-altitude economy scene.

China Fortune Land Development (600340.SH) stated on the interactive platform on June 26th that according to the information disclosed in the company announcement, a subsidiary recently signed a "strategic cooperation agreement" with Zhejiang Kebite Creative Technology Co., Ltd. (hereinafter referred to as "Kebite"), a leading industrial drone company, to assist Kebite in landing investment projects in the regions where the company develops, constructs and attracts investment, and to develop strategic cooperation models to promote the deep development of the low-altitude economy in the field of promoting the low-altitude economy development by leveraging the advantages of both sides. Since 2017, the company has begun to layout the low-altitude economic industry in urban clusters such as Beijing and Zhengzhou, fully utilizing the existing industrial foundation for the industry new city.

Gelonghui FinanceJun 26 05:08 ET

China Fortune Land Development (stock code 600340. SH): Some directors and senior executives have accumulated a total shareholding of 1.818 million shares.

China Fortune Land Development (600340.SH) announced on June 24 that some directors and senior executives will increase their shareholdings by a total of 1,818,100 shares of the company through the Shanghai Stock Exchange trading system centralized bidding trading method on June 24, 2024, accounting for 0.046% of the total share capital of the company, with a total increase of RMB 1,909,005.

Gelonghui FinanceJun 24 06:39 ET

The Market Doesn't Like What It Sees From China Fortune Land Development Co., Ltd.'s (SHSE:600340) Revenues Yet As Shares Tumble 26%

The China Fortune Land Development Co., Ltd. (SHSE:600340) share price has fared very poorly over the last month, falling by a substantial 26%. The recent drop completes a disastrous twelve months

Simply Wall StJun 21 19:35 ET