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Shanghai Automotive Parts (603107.SH): The amount of over-raised funds intended for permanent replenishment of working capital is 84.5 million yuan.
On January 3rd, Gelonghui reported that Shanghai Auto Parts (603107.SH) announced that the total amount of the oversubscribed funds from its initial public offering of Stocks is 282.7541 million yuan. Among this, 84.5 million yuan will be used to permanently supplement working capital for activities related to the company's main Business, accounting for 29.88% of the total oversubscribed funds from the initial public offering of Stocks (below 30%).
Public Companies Are Shanghai Automobile Air-Conditioner Accessories Co., Ltd.'s (SHSE:603107) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥466m Last Week
Shanghai Automotive Parts (603107.SH): Shanghai Woyun and Xin'ao Yun plan to reduce their shareholding by no more than 3%.
Gelonghui on December 4th | Shanghai Automotive Parts (603107.SH) announced that Shanghai Woyun and Xinaoyun plan to reduce their shareholding in the company by a total of no more than 10,120,000 shares through block trades and concentrated bidding, which is not more than 3% of the total share capital of the company.
Shanghai Automobile Air-conditioner Accessories to Set Up Moroccan Unit for 100 Million Yuan
Shanghai Automotive Parts Co., Ltd. (603107.SH): Intends to establish a wholly-owned subsidiary in Morocco.
On November 29, Glonghui reported that Shanghai Automotive Parts (603107.SH) announced the establishment of a wholly-owned subsidiary in Morocco. The planned investment will not exceed the equivalent of 0.1 billion yuan in self-owned funds, with specific investment timings and amounts to be gradually invested based on the local registered capital contribution requirements and the actual needs of the symbol company. The investment amount will mainly be used for establishing the symbol company, purchasing land, constructing and renovating factory buildings, purchasing production equipment and supporting facilities, and other related matters.
Shanghai Automobile Air-Conditioner Accessories (SHSE:603107) Might Be Having Difficulty Using Its Capital Effectively