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Sichuan Changhong ElectricLtd (SHSE:600839) Sheds 9.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Sichuan Changhong Electric (600839.SH): Currently does not include fixed Battery Business.
On March 17, Gelonghui reported that Sichuan Changhong Electric (600839.SH) stated on the investor interaction platform that the main businesses of the company and its subsidiaries include the research, development, manufacturing, and sales of household appliances and General Equipment, as well as ICT comprehensive services, currently excluding fixed Battery business.
The Return Trends At Sichuan Changhong ElectricLtd (SHSE:600839) Look Promising
Sichuan Changhong Electric (600839.SH): Jiaxibeila plans to invest 0.2896 billion yuan to build a production line project.
On February 20, Glonghui reported that Sichuan Changhong (600839.SH) announced the decision to invest 0.2896 billion yuan from its own funds to build a production line project for its subsidiary, Changhong Huayi Compressor's subsidiary, Jiaxibeila Compressor Co., Ltd. (referred to as "Jiaxibeila"), in order to meet its operational needs and improve overall efficiency.
Sichuan Changhong Electric (600839.SH): plans to establish a new subsidiary in Hong Kong.
On February 20, Gelonghui reported that Sichuan Changhong Electric (600839.SH) announced that to effectively respond to the risks of sanctions on overseas business, the meeting approved the company's establishment of a new subsidiary in Hong Kong with its subsidiary Anjian Holdings Limited (referred to as "Anjian Holdings") using its own funds. The new subsidiary will be named 恒联贸易有限公司 in Chinese and StableLink Trading Ltd. in English (the name is tentative, subject to final registration); registered address: Hong Kong Special Administrative Region (address provided by the secretarial company, subject to final registration); registered capital: 10 million USD.
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