Some Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shareholders Look For Exit As Shares Take 28% Pounding

To the annoyance of some shareholders, Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) shares are down a considerable 28% in the last month, which continues a horrid run for the company. To make

Simply Wall StJul 11 18:23 ET

2024 Interim Performance Forecast

Sensex a shareJul 9 12:00 ET · Announcements

Guangdong Rontai (600589.SH): Expected loss of 22.5 million to 45 million yuan in the first half of the year.

On July 9th, Gelunhui reported that Guangdong Rongtai (600589.SH) announced its performance forecast for the first half of 2024. According to preliminary calculations by the finance department, it is expected that revenue in the first half of 2024 will be between 0.2 billion yuan and 0.25 billion yuan, an increase of 8.30% to 35.38% year-on-year compared to the same period last year. It is expected that the net income attributed to the owners of the parent company in the first half of 2024 will be -45 million yuan to -22.5 million yuan, a decrease of 42.78% to 71.39% compared to the same period last year. It is expected that in the first half of 2024, the net income attributed to the owners of the parent company, excluding non-controlling interests...

Gelonghui FinanceJul 9 07:22 ET

Selected announcement from Gelunhui: Eve Energy Co., Ltd. plans to invest no more than 3.277 billion yuan to build energy storage battery and consumer battery manufacturing projects; Will Semiconductor expects a year-on-year net profit increase of 754.11%

[Investment Project] Eve Energy Co., Ltd. (300014.SZ): Plans to invest no more than 3.277 billion yuan to build energy storage battery and consumer battery manufacturing projects. Eve Energy Co., Ltd. (300014.SZ) announced that the 36th meeting of the sixth board of directors held on July 5, 2024 approved the proposal on the subsidiary's investment in the construction of energy storage battery and consumer battery manufacturing projects in Malaysia. The board agreed that Eve Energy Malaysia Co., Ltd., a wholly-owned subsidiary of the company, invests in self-raised funds for the construction of energy storage battery and consumer battery manufacturing projects (hereinafter referred to as "this Project") with an investment amount not exceeding

Gelonghui FinanceJul 5 11:28 ET

Guangdong Rongtai (600589.SH) has terminated the transfer of 100% equity of its wholly-owned subsidiary.

On July 5, Gelunhui reported that Guangdong Rongtai (600589.SH) announced that as of June 30, 2024, there were no mortgages or other encumbrances on the company's tin field, tin field monument plot and Xianqiao plot. Due to the inability to complete the corresponding transfer and registration procedures before June 30, the agreement could not be fulfilled on schedule. After comprehensive evaluation and careful consideration, the company and the transferee plan to adjust the transfer of the 100% equity of the wholly-owned subsidiary. Upon unanimous agreement with all parties concerned, the sale of the wholly-owned subsidiaries Jieyang Hegui New Materials Co., Ltd., Jieyang Lianfu New Materials Co., Ltd. and Jieyang Xinrong New Materials Co., Ltd. is terminated. 1

Gelonghui FinanceJul 5 07:22 ET

Guangdong Rongtai (600589.SH): Xiao Jian plans to reduce his shareholding by no more than 1.5%.

Rontai Guangdong (600589.SH) announced on July 5 that due to its own capital needs, Mr. Xiaojian plans to reduce his shareholding by no more than 1.5% of the total share capital of the company through centralized bidding and bulk trading within 3 months after 15 trading days from the date of this announcement. The total number of shares to be reduced does not exceed 22,176,800 shares of the company.

Gelonghui FinanceJul 5 07:21 ET