Sinomach General Machinery Science & Technology (600444.SH): Intends to transfer 100% equity of its wholly-owned subsidiary Pipe Industry Company.

On November 13, Geelong Huitong announced that, based on the company's overall operational planning and business structure, combined with the development of the company's plastics pipe business, in order to further optimize the company's management structure, reduce management costs, improve overall operational efficiency, implement the shareholders' meeting decision to optimize and adjust the company's operating businesses and exit the pipe business, the company plans to entrust the Shanghai United Property Exchange to transfer 100% equity of its wholly-owned subsidiary Anhui Guotong High-tech Pipe Industry Co., Ltd. (referred to as the "Pipe Company") through public listing and trading. After evaluation by Beijing Zhuoxin Dahua Asset Appraisal Co.,Ltd., the pipe

Gelonghui FinanceNov 13 03:55 ET

China Machinery General Motors 2024 Third Quarter Report

SZSIOct 25 12:00 ET · Announcements

Sinomach General Machinery Science & Technology (600444.SH): The net income for the first three quarters was 29.547 million yuan, a year-on-year increase of 77.38%.

Gelonghui October 25th | Sinomach General Machinery Science & Technology (600444.SH) announced its third-quarter report, with revenue of 0.559 billion yuan for the first three quarters, a year-on-year increase of 37.45%, net income of 29.547 million yuan, a year-on-year increase of 77.38%, non-net income of 34.506 million yuan, a year-on-year increase of 159.28%, and basic earnings per share of 0.20 yuan.

Gelonghui FinanceOct 25 04:19 ET

Sinomach General Machinery Science & Technology (600444.SH) released its performance for the first three quarters, with a net income of 29.55 million yuan, a year-on-year increase of 77.38%.

Sinomach General Machinery Science & Technology (600444.SH) disclosed the third quarter report of 2024, achieving revenue of 5....

Zhitong FinanceOct 25 04:16 ET

Sinomach General Machinery Science & Technology Co.,Ltd. (SHSE:600444) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Simply Wall StOct 1 03:23 ET

Sinomach General Machinery Science & Technology (600444.SH): pre-auction transfer of 100% equity of its wholly-owned subsidiary Guanye Company.

On September 25, GeLongHui reported that Sinomach General Machinery Science & Technology (600444.SH) announced that, based on the company's overall operation plan and business structure, combined with the development of the company's plastics pipe business, in order to further optimize the company's management structure, reduce management costs, improve overall operational efficiency, implement the shareholder meeting's decision on optimizing and adjusting the company's operating business, and exiting the pipe business, it is planned to transfer the 100% equity of the company's wholly-owned subsidiary, Pipe Industry Company, through public listing for external transfer through the Shanghai United Property Exchange. The listing procedure for this intention has been completed and the state-owned assets approval procedures have been processed.

Gelonghui FinanceSep 25 05:19 ET