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Here's What's Concerning About Hang Xiao Steel StructureLtd's (SHSE:600477) Returns On Capital
Hangxiao Steel Structure (600477.SH): Intends to jointly increase capital with related individual Cai Zhiheng to the company's controlling subsidiary Lankao Hangxiao.
On September 20th, Hangxiao Steel Structure (600477.SH) announced that, according to the development needs of Lankao Hangxiao, the company plans to jointly increase the capital of its controlling subsidiary Lankao Hangxiao with Mr. Cai Zhiheng, a related natural person. The total amount of the capital increase is 28 million yuan, and the two parties will subscribe at a price of 1 yuan/registered capital, with Hangxiao Steel Structure increasing the capital by 27.86 million yuan in cash, and Mr. Cai Zhiheng, a natural person shareholder, increasing the capital by 0.14 million yuan in cash. One of the original shareholders of Lankao Hangxiao, Lankao County Urban Construction Investment Development Co., Ltd., will waive this capital increase. After this capital increase, the registered capital of Lankao Hangxiao will increase to 12,800.
Hangxiao Steel Structure (600477.SH): No qualification for house safety inspection at the moment.
Hangxiao Steel Structure (600477.SH) stated on the investor interaction platform on September 10th that the company currently does not have qualifications for housing safety inspections and has not undertaken any housing inspection projects.
Hangxiao Steel Structure (600477.SH): Currently not investing in the production line of calcium titanium batteries in Hefei.
Hangxiao Steel Structure (600477.SH) stated on the investor interaction platform on September 10 that the company currently does not invest in and produce calcium titanium ore battery production lines in Hefei.
Hangxiao Steel Structure Co., Ltd. 2024 Interim Report
Summary of the 2024 interim report of Hangxiao Steel Structure Co., Ltd.
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