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Shanxi Huaxiang Group (603112.SH): intends to invest $6.75 million to establish a wholly-owned subsidiary in the United States.
On August 30th, Guolong reported that shanxi huaxiang group (603112.SH) announced that, according to the actual operation needs of the company, the company plans to cancel the capital increase to the WHI foundry, a subsidiary, and instead invest in establishing a wholly-owned subsidiary to improve the after-sales service system of the foundry and accelerate the established strategic goal of upgrading warehousing capacity. The company plans to contribute 6.75 million US dollars in cash to establish a wholly-owned subsidiary in the usa (hereinafter referred to as the "US subsidiary"), and the US subsidiary will become a wholly-owned subsidiary of shanxi huaxiang group and be included in the company's consolidated financial statements after its establishment.
Shanxi Huaxiang Group (603112.SH) plans to launch a restricted stock incentive plan for 8.829 million shares.
Shanxi Huaxiang Group (603112.SH) disclosed the 2024 Restricted Stock Incentive Plan (draft), the incentive plan...
Return Trends At Shanxi Huaxiang Group (SHSE:603112) Aren't Appealing
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Shanxi Huaxiang Group (603112.SH): plans to increase its investment in HUWHI Casting by a total of 16.05 million USD.
On July 23, Global Wealth announced that in order to better meet the needs of customers for local support and after-sales service and enhance the company's global operational support capabilities, Shanxi Huaxiang Group intends to increase capital to WHI foundry by $16.05 million in cash according to the equity ratio. The company will use its own funds to contribute $8.1855 million, and after this capital increase, the company's shareholding ratio will remain at 51%. This capital increase is to ensure that WHI foundry obtains a stable source of funding for long-term development, improve the after-sales service system construction of WHI foundry, accelerate the upgrade of storage capacity, and enhance the company's core competitiveness in the market.
Has Shanxi Huaxiang Group Co., Ltd.'s (SHSE:603112) Impressive Stock Performance Got Anything to Do With Its Fundamentals?No Data
