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Liuguo Chemical to Set Up 170 Million Yuan Phosphogypsum Joint Venture
Liuguo Chemical to Set Up Singaporean Subsidiary for $2 Million Yuan
Solving the phosphogypsum problem, anhui liuguo chemical plans to invest 0.113 billion yuan to build a comprehensive resource utilization repository for phosphogypsum | Read the announcement quickly.
① Anhui Liuguo Chemical announced plans to invest 0.113 billion yuan to build a comprehensive resource utilization project for phosphogypsum; ② The utilization of phosphogypsum has always been a global challenge, and relevant national departments recently issued technical specifications to promote its comprehensive utilization; ③ After rumors about solid state battery, Anhui Liuguo Chemical implemented a public opinion management system following a five-day trading limit.
Anhui Liuguo Chemical (600470.SH): Intends to liquidate and deregister its equity investment company Liuguo Yinong.
Gelonghui on November 28th, Anhui Liuguo Chemical (600470.SH) announced that the board of directors has approved the liquidation and cancellation of its equity investment company, Anhui Liuguo Yinong Technology Co., Ltd. (referred to as "Liuguo Yinong"). Since the establishment of Liuguo Yinong, it has been in a long-term closed state due to poor operation. According to the actual situation of Liuguo Yinong, the company proposes and both parties have agreed through negotiations to liquidate and cancel the company. In accordance with the principle of prudence, the company has fully provisioned for the long-term equity investment in Liuguo Yinong of 3.3015 million yuan and accounts receivable of 5.647 million yuan in accordance with accounting standards. It is expected that this liquidation and cancellation will not impact the company's 2024 operations.
Anhui Liuguo Chemical (600470.SH): The controlling shareholder's shareholders have signed the "Consistent Action Agreement" in advance.
Gelonghui reported on November 28 that anhui liuguo chemical (600470.SH) announced that on November 28, 2024, the company received a notification letter from its controlling shareholder, Tongling Chemical Industrial Group Co., Ltd. (referred to as "Copper Group"), regarding the situation of the company's actual controllers. In light of the upcoming expiration of the "Consistent Action Agreement" signed between anhui Chuanggu new materials Co., Ltd. (referred to as "anhui Chuanggu") and anhui Heyuan private equity Co., Ltd. (referred to as "anhui Heyuan") on December 20, 2024, the agreement has been renewed in advance through consultation.
anhui liuguo chemical (600470.SH): Hubei Huiyang plans to establish Hubei Xingyang for the construction of a comprehensive utilization resource repository for phosphogypsum.
On November 28, Gelonghui reported that anhui liuguo chemical (600470.SH) announced that it will hold the 26th meeting of the eighth board of directors on November 28, 2024, where the proposal for the investment and establishment of a joint venture by its controlling subsidiary was reviewed and approved. This external investment mainly aims to build a resource library for comprehensive utilization of phosphogypsum, which aligns with the company's long-term development and global strategy. The controlling subsidiary Hubei Huayang New Materials Co., Ltd. (hereinafter referred to as 'Hubei Huayang') plans to establish Hubei Xingyang Resource Recycling Co., Ltd. (hereinafter referred to as 'Hubei Xingyang') in Dangyang City, Hubei Province (tentative name, subject to approval by the legal registration authority).
Lacklustre Performance Is Driving Anhui Liuguo Chemical Co., Ltd.'s (SHSE:600470) Low P/SNo Data
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