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The Market Doesn't Like What It Sees From China National Chemical Engineering Co., Ltd's (SHSE:601117) Earnings Yet
China National Chemical Engineering (SHSE:601117) Has More To Do To Multiply In Value Going Forward
Express News | China National Chemical Engineering Says Contracts Signed in 2024 Totalled 366.9 Bln Yuan
China National Chemical Engineering (601117.SH): The subsidiary gives up the right of first refusal to transfer shares of a company it was planning to invest in with a related party.
On December 27, Gelonghui reported that China National Chemical Engineering (601117.SH) announced that its controlling shareholder, China National Chemical Engineering, intends to transfer its 4.9% equity holdings in Zhongtuo Company and Quntuo Company through the Peking Property Exchange, with a total transaction amount of 123.3864 million yuan. The company's wholly-owned subsidiary, Company Three, as a shareholder of Zhongtuo Company, and its wholly-owned subsidiary, Company Four, as a shareholder of Quntuo Company, waived their right of first refusal for this equity transfer.
Express News | China National Chemical Engineering Says Jan-Nov Contracts Totalled 331.1 Bln Yuan
Dongxing: Overseas expansion opens up greater development space for leading state-owned enterprise construction.
With the improvement of the global competitiveness of China's central enterprises in the construction sector, overseas development will bring greater development space.