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ningbo fubang jingye group (600768.SH): intends to acquire no less than 51% equity of jiangyin electrical alloy.
Ningbo Fubang Jingye Group (600768.SH) announced on August 7th that for the further improvement of its profit-making ability and asset quality, the company plans to acquire control over Jiangyin Electrical Alloy by paying in cash. On August 7th, 2024, the company signed an 'equity acquisition intention letter' with the major shareholders of Jiangyin Electrical Alloy, Xinle Group and Wang Haitao, aiming to acquire no less than 51% equity of Jiangyin Electrical Alloy. The above agreement is only an intention agreement, expressing the cooperation intention of each party. The specific transaction plan and terms of the transaction shall be subject to the formal agreement signed by each party. Based on preliminary estimation, this transaction is expected to constitute a 'major asset reorganization of listed companies'.
Ningbo Fubang Jingye Group's performance is expected to be in deficit in the first half of 2024.
Ningbo Fubang Jingye GroupLtd's (SHSE:600768) Anemic Earnings Might Be Worse Than You Think
Ningbo Fubon (600768.SH): Net profit of 15.7391 million yuan in 2023 decreased by 90.82% year-on-year
Gelonghui, April 29丨Ningbo Fubon (600768.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 329 million yuan, up 8.59% year on year; net profit attributable to shareholders of listed companies was 157.391 million yuan, a decrease of 90.82% year on year. The company's aluminum processing business and trade sector have generally achieved smooth operation. Among them, the aluminum processing business achieved sales revenue of 138.652 million yuan, an increase of 17.42% over the previous year; the trade business achieved sales revenue of 198,2792 million yuan, an increase of 3.45% over the previous year.
Ningbo Fubang Jingye Group Co.,Ltd (SHSE:600768) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
[BT Financial Report Momentary Analysis] Ningbo Fubang's 2023 Third Quarter Report: Net Profit Increased Slightly, Net Cash Flow Decreased Sharply
Ningbo Fubon (stock code: 600768) recently released its financial report for the third quarter of 2023. As a regional aluminum deep processing enterprise specializing in the production of industrial aluminum profiles, its performance during the current period attracted attention. Next, we will interpret the financial report in terms of assets, liabilities, profit, and cash flow. In terms of assets and liabilities, as of the end of the reporting period, Ningbo Fubon's total assets were 558 million yuan, a slight decrease of 0.27% from the end of the previous year; total liabilities were 165 million yuan, a decrease of 1.19% from the end of the previous year; and net assets were 393 million yuan, which was basically the same as at the end of the previous year. Furthermore, the public
Ningbo Fubang Jingye Group Co.,Ltd (SHSE:600768) Stock Rockets 33% As Investors Are Less Pessimistic Than ExpectedNo Data
