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Health Check: How Prudently Does Jiangsu ZongyiLTD (SHSE:600770) Use Debt?
Jiangsu Zongyi Unit Acquiring Majority Stake in Environmental Protection Equipment Company; Shares Down 4%
Jiangsu Zongyi (600770.SH): The subsidiary Jiangsu Zongyi Photovoltaic plans to invest 14 million yuan in New Zhu Eco-friendly Concept.
Jiangsu Zongyi (600770.SH) announced on November 13 that, based on the company's development strategy and operational plans, it is promoting the company to seek external development based on its existing new energy business, further expanding the scale of operations and income, developing new profit growth points. The company's wholly-owned subsidiary, Zongyi Photovoltaic, signed an "Equity Transfer and Capital Increase Agreement" on November 13, 2024 with Yang Sichuan, Wu Tiantian, Nantong Juye Enterprise Management Center (Limited Partnership), Nantong Jinji Huitong Phase V Venture Capital Partnership Enterprise (Limited Partnership), and Jiangsu Xinju Environmental Protection Technology Co., Ltd.
Jiangsu Zongyi (600770.SH): is planning a cash acquisition of equity transaction, the target of the transaction belongs to the eco-friendly concept industry.
Gelonghui October 21st | Jiangsu Zongyi (600770.SH) announced a notice of abnormal fluctuations in stock trading prices. The company is planning a cash acquisition of equity transaction, with the symbol belonging to the eco-friendly industry, of a relatively small scale. In 2023, the company's revenue is expected to be no more than 0.1 billion yuan (unaudited), and it is anticipated that this transaction will not constitute a significant asset restructuring as stipulated in the "Methods for the Management of Major Asset Restructuring of Listed Companies." Currently, the company is conducting an investigation and analysis of the symbol of the transaction, and the specific transaction is subject to further communication, negotiation, and internal verification with the target party. All parties have not yet signed any transaction-related agreements.
Jiangsu ZongyiLTD's (SHSE:600770) Profits May Not Reveal Underlying Issues
Variety Shares: Variety Stock Report for the Third Quarter of 2024
Jiangsu ZongyiLTD (SHSE:600770) Has Debt But No Earnings; Should You Worry?
