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Wangfujing Group (600859.SH): plans to jointly increase capital in the joint venture company Huanhui Real Estate with related parties in Cash / Money Market.
On March 25, Gelonghui announced that Wangfujing (600859.SH) plans to jointly increase capital in Beijing Huanhui Real Estate Co., Ltd. (referred to as "Huanhui Real Estate" or "symbolic company") with its controlling Shareholder, Beijing Capital Tourism Group Co., Ltd. ("BTG Group"), and BTG Hotels and other Shareholders in cash, according to the equity ratio, with a total capital increase of 3260 million yuan, which will be used to repay the Shareholder loans previously invested by various shareholders, among which this company will increase capital in Huanhui Real Estate in cash according to its equity ratio of 48,90.
Is Wangfujing Group (SHSE:600859) Using Too Much Debt?
An Intrinsic Calculation For Wangfujing Group Co., Ltd. (SHSE:600859) Suggests It's 46% Undervalued
Wangfujing Group (600859.SH): A total of 0.59% of the company's shares have been repurchased.
Gelonghui reported on March 3 that Wangfujing Group (600859.SH) announced that as of February 28, 2025, the company has cumulatively repurchased 6.68 million shares of its stock through centralized bidding, accounting for 0.59% of the company's total share capital. The highest price for the repurchase was 17.15 yuan/share, and the lowest price was 11.53 yuan/share, with a total payment of 89.456611 million yuan (excluding commissions, transfer fees, and other transaction costs).
Wangfujing Group (600859.SH): currently not connected to DeepSeek.
On February 28, Gelonghui announced that Wangfujing Group (600859.SH) stated on the investor interaction platform that the company is currently not connected to DeepSeek. The company continues to pay attention to the innovative applications of cutting-edge technology and will actively learn to apply relevant technology based on actual situations, actively exploring the digital empowerment role in the company's Business and Operation management to improve Operation efficiency and enhance market competitiveness.
Investors in Wangfujing Group (SHSE:600859) Have Unfortunately Lost 51% Over the Last Three Years
Investors in Wangfujing Group (SHSE:600859) Have Unfortunately Lost 52% Over the Last Three Years
