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What Baoding Tianwei Baobian Electric Co.,Ltd.'s (SHSE:600550) 32% Share Price Gain Is Not Telling You
Shareholders of baoding tianwei baobian electric and electrical equipment group are integrating their businesses. The controlling shareholder of baoding tianwei baobian electric may change. | Read the announcement quickly.
① The controlling shareholder of the company, China North Industries Group Corporation, is currently carrying out the integration of the power transmission and transformation equipment business with Electric Equipment Group, which may result in changes to the controlling shareholder of Baoding Tianwei Baobian Electric; ② Electric Equipment Group currently controls several listed companies including China XD Electric, XJ Electric Co., Ltd., and Henan Pinggao Electric.
Baoding Tianwei Baobian Electric (600550.SH) the controlling shareholder is currently integrating its business with China Electric Equipment Group. The controlling shareholder of the company will be changed.
Baoding Tianwei Baobian Electric (600550.SH) announced that on August 31, 2024, the company received a notice from its controlling shareholder, China...
Baoding Tianwei Baobian Electric Co., Ltd. Semi-Annual Report 2024
Baoding Tianwei Baobian Electric Co., Ltd. 2024 Interim Report Summary
Baoding Tianwei Baobian Electric (600550.SH): Plans to transfer 90% equity of its Indian subsidiary through public listing.
On August 12, Geelong News reported that Baoding Tianwei Baobian Electric (600550.SH) announced that Baobian - Atlanta Transformers India Limited (referred to as "India company") is a holding subsidiary of Baoding Tianwei Baobian Electric Co., Ltd. (referred to as "Baobian Electric") with a 90% stake held by Baobian Electric. According to the relevant requirements of the State-owned Assets Supervision and Administration Commission of the State Council and the Ministry of Finance (Order No. 32 of the State-owned Assets Supervision and Administration Commission and the Ministry of Finance), the company plans to publicly list and transfer 90% equity of the India company. According to the relevant regulations of state-owned asset management, the company will conduct a pre-listing on the Beijing Property Rights Exchange before the official listing and transfer of the India company's equity. This pre-listing.
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