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Grandtop Yongxing Group Co.,Ltd (SHSE:601033) Has A ROE Of 7.0%
Yongxing Co., Ltd. (601033.SH) and its subsidiaries plan to use not more than 3.5 billion yuan or equivalent foreign currency of temporarily idle self-owned funds for cash management.
Gelonghui, February 14丨 Yongxing Co., Ltd. (601033.SH) announced that the company and its subsidiaries plan to use no more than 3.5 billion RMB or equivalent foreign currency of temporarily idle own funds for Cash / Money Market management. The usage period is valid for 12 months from the date of approval by the Board of Directors. Within the above approval period and authorized limit, the funds can be rolled over for use.
Yongxing Co., Ltd. (601033.SH): The subsidiary has signed a cooperation agreement.
On February 14, Gelonghui reported that Yongxing Co., Ltd. (601033.SH) announced that its subsidiary intends to sign a "Cooperation Agreement for the Excavation Project of Existing Waste at the Xinfeng Emergency Landfill in Guangzhou" (hereinafter referred to as the "Cooperation Agreement") with Guangzhou HuanTou Environmental Service Co., Ltd., Guangzhou HuanJing Environmental Engineering Co., Ltd., and Guangzhou HuanTou Environmental Group Co., Ltd. This Trade constitutes a related party transaction and does not constitute a major Asset restructuring. Based on the business characteristics and qualification capabilities of all parties, cooperation will be carried out for the Existing Waste Excavation Project at the Xinfeng Emergency Landfill in Guangzhou (hereinafter referred to as the "Xinfeng Project" or "Project") to assist Guangzhou's urban management and
Grandtop Yongxing Group Raises Stake in Waste Management Company to 90%
Yongxing Co., Ltd. (601033.SH): plans to acquire 41.00% equity of the affiliated company Jiejin Company for 0.33 billion yuan.
On January 10, Gelonghui reported that Yongxing Co., Ltd. (601033.SH) announced that it acquired 41.00% of the equity in its associated company, Xinzhou City Jiejin Power Co., Ltd. (hereinafter referred to as "Jiejin Company") for a cash amount of 329.67347 million yuan. After the completion of the Trade, the company's shareholding ratio in Jiejin will increase from 49.00% to 90.00%, bringing it into the scope of consolidated financial statements. Jiejin Company was established in January 2009 and operates the integrated disposal (inlet) industrial park for solid waste in Xinzhou City, which is a Circular Economy industrial park model. Its Business includes waste incineration (with a designed processing capacity of 2,600 tons/day,
Is Grandtop Yongxing GroupLtd (SHSE:601033) Using Too Much Debt?
