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Risks To Shareholder Returns Are Elevated At These Prices For CSSC Offshore & Marine Engineering (Group) Company Limited (HKG:317)
Cssc Offshore & Marine Engineering (00317.HK): The controlling shareholder's subsidiary has completed the Shareholding of the company's Listed in Hong Kong.
On December 31, Gelonghui reported that Cssc Offshore & Marine Engineering (00317.HK) announced that CSSC International Holding Company Limited intends to reduce its Shareholding in the company's Listed in Hong Kong stocks by no more than 34.59 million shares through the secondary public market, with the reduction period ending in December 2024. The company has been informed by CSSC International that as of the date of this announcement, CSSC International has cumulatively reduced its shareholding in the company by 23.15 million shares of Listed in Hong Kong stocks through the secondary public market, and the timeframe for this reduction plan has expired; this reduction plan is now completed.
GF SEC: The stock performance of marine engines lags behind that of Ships. In the long term, there is a greater potential market space and elasticity.
The moderate recovery of capacity in downstream private Shipyards is expected to drive the continuous expansion of engine demand. Unlike Ships, the technology iteration driven by the Eco-friendly Concept accelerates the transformation of engine technology, resulting in a greater increase in value.
Hong Kong stocks movement | Cssc Offshore & Marine Engineering (00317) rose nearly 8% in the morning, the Ship Industry remains highly prosperous, and the integration of Cssc assets is expected to accelerate.
Cssc Offshore & Marine Engineering (00317) rose nearly 8% in the morning session, and as of the time of reporting, it has increased by 6.48% to 11.18 Hong Kong dollars, with a transaction volume of 25.8401 million Hong Kong dollars.
cssc offshore & marine engineering (600685.SH): The large unmanned combat boat "Tiger Whale" is built by a subsidiary of the company.
On December 5th, Gelonghui reported that cssc offshore & marine engineering (600685.SH) stated on the interactive platform that the "hu whale" large unmanned combat vessel is constructed by the company's holding subsidiary, cssc Huangpu Wenchong shipyard Co., Ltd.
Private Companies Account for 57% of CSSC Offshore & Marine Engineering (Group) Company Limited's (HKG:317) Ownership, While Individual Investors Account for 32%
CSSC Offshore & Marine Engineering (Group) (HKG:317) Shareholder Returns Have Been Notable, Earning 58% in 5 Years
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