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Does Shanghai Material Trading (SHSE:600822) Have A Healthy Balance Sheet?
Shanghai Material Trading Subsidiary Receives 259-Million-Yuan Compensation for Incurred Losses
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Shanghai Material Trading (600822.SH) released its performance for the first half of the year, with a net income of 27.1299 million yuan, a year-on-year decrease of 82.73%.
Shanghai Material Trading (600822.SH) released the 2024 interim report, with revenue of 2.649 billion yuan...
Shanghai Material Trading (600822.SH): Controlling shareholder Bailian Group plans to pay compensation of RMB 93.4125 million to Bailian Auto due to land acquisition and storage.
On July 29th, Gelhonghui announced that in order to cooperate with Bailian Group in the government collection and storage of the land at 3550 Gonghe New Road in Shanghai, the company and Bailian Auto are currently preparing for the handover of phase one of the land. Due to the collection of phase one of the land, Bailian Auto incurred certain losses in fixed assets, tenant clearance, operation, personnel placement, etc. After sufficient consultation, the three parties intend to sign the "Compensation Agreement on the Handover of Phase One of 3550 Gonghe New Road" regarding the compensation for the collection of phase one of the land. The company's holding subsidiary Shanghai Bailian Auto Service Trade Co., Ltd. (the company's shareholding ratio
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