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The One-year Decline in Earnings Might Be Taking Its Toll on Dlg Exhibitions & Events (SHSE:600826) Shareholders as Stock Falls 8.0% Over the Past Week
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dlg exhibitions & events corporation (600826.SH): Intends to participate in the Huafu Securities capital increase project with no more than 0.1 billion yuan.
Granolite News on November 4 │ dlg exhibitions & events corporation (600826.SH) announced that the board of directors has approved the company's participation in the capital increase project of Huafu Securities Limited Liability Company through the delisting from the Shanghai United Equity Exchange. The investment amount does not exceed RMB 0.1 billion (inclusive), accounting for approximately 2.58% of the company's net assets attributable to mother in 2023. The company will invest in and become a shareholder of Huafu Securities Limited Liability Company, and authorize the company's management to sign various agreements, statements, commitments, and other related documents related to this transaction, as well as handle equity transfer, industrial and commercial changes, and state-owned property registration and other legal procedures.
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