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Jiangsu Rutong Petro-Machinery Co., Ltd's (SHSE:603036) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Jiangsu Rutong Petro-Machinery (603036.SH): Senior executive Zhen Guoyi plans to reduce shareholding by no more than 0.026 million shares.
On February 17, Gelonghui reported that Jiangsu Rutong Petro-Machinery (603036.SH) announced that due to personal funding needs, senior management personnel Mr. Zhen Guoyi plans to reduce his holdings of company shares by no more than 26,000 shares (accounting for 0.0126% of the company's total share capital) through centralized bidding trading within three months after the disclosure date of this announcement, starting 15 trading days after. The reduction price will be determined at market price. During the execution of the reduction plan, if there are changes in shares due to stock distribution or capital reserve fund conversion to increase share capital, the quantity will be adjusted accordingly.
Jiangsu Rutong Petro-Machinery (603036.SH): Termination of subscription for private equity fund shares.
On December 26, Gelonghui reported that Jiangsu Rutong Petro-Machinery (603036.SH) announced that on August 9, 2024, Beijing time, the company signed the SG-RT Subscription Agreement, intending to invest 20.01 million Singapore dollars to subscribe to the sub-fund SG-RT Fund of CEC-SGVCC, becoming the sole investor of SG-RT Fund, which is all intended for investing in the convertible Bonds of MOOREAST HOLDING LTD. On the same day, the company held the second meeting of the fifth Board of Directors and reviewed and approved the proposal regarding the subscription of shares in the private equity Fund.
Jiangsu Rutong Petro-Machinery Co., Ltd's (SHSE:603036) Last Week's 12% Decline Must Have Disappointed Retail Investors Who Have a Significant Stake
Rutong Stock Report for the Third Quarter of 2024
Jiangsu Rutong Petro-Machinery Co., Ltd (SHSE:603036) Stock Catapults 44% Though Its Price And Business Still Lag The Market