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Shanghai Shentong Metro Co.,Ltd.'s (SHSE:600834) 42% Share Price Surge Not Quite Adding Up
Shanghai Shentong Metro (600834.SH), which saw three consecutive daily limit increases, has no direct relationship with Shangshi City and the company.
Shanghai Shentong Metro (600834.SH) announced that the company's stocks will be traded continuously on July 23 and 24, 2024.
Shanghai Shentong Metro (600834.SH): Taking over Shanghai Shen Tie and Jiu Shi Cheng Kai belongs to the business of the Shanghai Shentong Metro Group.
Gelonghui, July 25, 丨 Shentong Metro (600834.SH) announced a stock trading risk warning notice. On July 19, 2024, the Company's controlling shareholder, Shanghai Shentong Metro Group Co., Ltd. (hereinafter referred to as “Shentong Metro Group”), officially took over Shanghai Shentie Investment Co., Ltd. (hereinafter referred to as “Shanghai Shentie”, a holding subsidiary of Shanghai Jiushi (Group) Co., Ltd.) and Shanghai Jiushi City Construction and Development Co., Ltd. (hereinafter referred to as “Jiushi City Development”, a wholly-owned subsidiary of Shanghai Jiushi (Group) Co., Ltd.). It took over the business of Shanghai Shenzhen Railway and Jiushicheng, which is related to the Shentong Metro Group, and merged with the Company
Shanghai Shentong MetroLtd's (SHSE:600834) Earnings Have Declined Over Three Years, Contributing to Shareholders 22% Loss
Shanghai Shentong Metro (600834.SH): Taking over Shanghai Shentie and Jiushi Chengkai belongs to the relevant business of Shanghai Shentong Metro Group, which does not have a direct relationship with the company.
On July 24, Ge Longhui reported that Shanghai Shentong Metro (600834.SH) issued an announcement regarding the abnormal fluctuations in the company's stock trading. On July 19, 2024, Shanghai Shentie and Jiushi Chengkai were officially taken over by Shentong Metro Group. The takeover of Shanghai Shentie and Jiushi Chengkai belongs to a relevant business of Shentong Metro Group and has no direct relationship with our company. As of now, there is no plan to inject it into our company. Regarding the equity structure, Jiushi Group is the controlling shareholder of Shentong Metro Group, with a controlling stake of 66.62%; and Shentong Metro Group is the controlling shareholder of our company, with a controlling stake of 58.43%.
Shanghai Shentong Metro (600834.SH) will pay a dividend of 0.052 yuan per share in 2023, with a record date of July 18th.
Shanghai Shentong Metro (600834.SH) has announced that the company will implement annual equity distribution in 2023, distributing dividends per share...
Shanghai Shentong Metro Co.,Ltd.'s (SHSE:600834) 26% Share Price Plunge Could Signal Some RiskNo Data
