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Zhuzhou Kibing Group Expands Investment in Financial Products
Zhuzhou Kibing Group To Acquire Assets Through Share Issue
Zhuzhou Kibing Group (601636.SH): plans to purchase 28.78% of the equity of its controlling subsidiary Kibing Photovoltaic.
On January 23, Gelonghui reported that Zhuzhou Kibing Group (601636.SH) announced that the listed company plans to acquire 28.78% of the shares of its controlling subsidiary, Kibing Solar, through the issuance of shares, with a transaction price of approximately 1 billion yuan. The company involved in this share issuance to purchase assets, Kibing Solar, is a controlling subsidiary of the listed company, and its main Business is the research, development, production, deep processing, and sales of Photovoltaic Glass. This share issuance to purchase minority shares of Kibing Solar is beneficial for the listed company to continue strengthening equity management and corporate governance, consolidate development confidence, focus on advantageous areas, and emphasize its main responsibilities and core business, striving to optimize the production of Photovoltaic Glass.
Kibing Group: Kibing Group 2024 Annual Results Pre-Reduction Announcement
Kibing Group 2024 Annual Results Pre-Reduction Announcement
Float glass and Photovoltaic Glass gross margin under pressure, Zhuzhou Kibing Group expects a decline of over 80% in net profit after deducting non-recurring items in 2024 | Interpretations
① Zhuzhou Kibing Group expects a 85.56%-81.35% decrease in net income for 2024; ② The company previously stated that the main factors severely dragging down performance are the float glass and Photovoltaic Glass businesses.
Capital Allocation Trends At Zhuzhou Kibing GroupLtd (SHSE:601636) Aren't Ideal
