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Wuxi New Hongtai Electrical Technology to Offload Two Subsidiaries
wuxi new hongtai electrical technology (603016.SH): intends to transfer 82.5% equity of hongsen electronics and 75% equity of jin di hongtai.
On September 30th, wuxi new hongtai electrical technology (603016.SH) announced that in order to optimize the company's business structure, the company plans to publicly list the transfer of 82.5% equity of Hongsun Electronics and 75% equity of Jindi Hongtai through the Wuxi Property Rights Trading Center. After the completion of the transaction, Hongsun Electronics and Jindi Hongtai will no longer be included in the company's scope of consolidation. This transaction will be conducted through public listing, and there is uncertainty regarding the counterparty and the final transaction price. The equity transfer price will be based on the equity appraisal report issued by a third-party evaluation institution.
We Think You Can Look Beyond Wuxi New Hongtai Electrical TechnologyLtd's (SHSE:603016) Lackluster Earnings
Summary of Half-Year Report in 2024.
Half-year report for the year 2024.
Wuxi New Hongtai Electrical Technology (603016.SH): The net income for the first half of the year was 37.637 million yuan, a year-on-year increase of 9.19%.
Wuxi New Hongtai Electrical Technology (603016.SH) announced its semi-annual report for 2024, with a revenue of 0.315 billion yuan, a decrease of 2.06% compared to the same period last year; a net income of 37.637 million yuan attributable to shareholders of the listed company, a growth of 9.19% compared to the same period last year; a net income of 35.3406 million yuan attributable to shareholders of the listed company after deducting non-recurring profits and losses, a growth of 9.62% compared to the same period last year; and an earnings per share of 0.25 yuan. The company is currently a high-tech enterprise in Jiangsu Province, and its subsidiary, Xiamen Lianrong, is a high-tech enterprise in Fujian Province. As of June 30, 2024, the company has
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