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With billions of debts, Jiangsu Yabang Dyestuff (603188.SH) is facing the enforcement of a massive amount of its controlling shareholder's shares and may face a change in control.
Jiangsu Yabang Dyestuff (603188.SH) announced that its controlling shareholder, Yabang Investment Holding Group Co., Ltd. (hereinafter referred to as...
Jiangsu Yabang Dyestuff (603188.SH): conducting business acceptance bill settlement services.
Jiangsu Yabang Dyestuff (603188.SH) announced on July 25th that the company held the fifth meeting of the seventh Board of Directors on July 25, 2024. The meeting approved the proposal of "Carrying out commercial acceptance bill settlement business" and agreed to allow its wholly-owned subsidiary, Jiangsu Yabang Import and Export Co., Ltd. ("Yabang Import and Export"), and Jiangsu Yabang Warchem Co., Ltd. ("Yabang Warchem") to carry out commercial acceptance bill settlement business with a capital amount not exceeding 100 million RMB, in order to fully utilize the credit advantages of the listed company, improve settlement efficiency, and reduce financial costs.
Jiangsu Yabang Dyestuff (603188.SH): Yabang Group and its concerted action person Xu Xudong, Xu Xuzheng hold a total of 0.186 billion shares, which will be executed judicially.
On July 25, Gelonhui reported that due to a dispute over pledged securities repurchase between Yahbang Group and Jiangsu Guojing Holding Group Co., Ltd., Yahbang Group and its concerted action persons Xu Xudong and Xu Xuzheng will hold a total of 0.186 billion shares of Yahbang stock that will be judicially executed, accounting for 32.62% of the total share capital of the company, involving a total amount of debt and execution costs of 2,671,548,471 yuan.
Jiangsu Yabang Dyestuff's performance forecast for the first half of 2024.
Jiangsu Yabang Dyestuff (603188.SH): net income in the first half of the year is expected to increase by 7.9235 million yuan YoY.
Jiangsu Yabang Dyestuff Co., Ltd. (603188.SH) announced its 2024 interim performance forecast on July 10th. It is expected to achieve a net income attributable to shareholders of the listed company of 79.235 million yuan in the first half of 2024, and it will turn losses into profits compared with the same period of the previous year. It is expected to achieve a net profit attributable to the owner of the parent company after deducting non-recurring gains and losses of -29.618 million yuan in the first half of 2024, and the loss decreased by 202.5386 million yuan compared with the same period of the previous year, a decrease of 98.56% year-on-year due to the impact of the domestic and foreign economic situation and fierce competition in the company's product market. The selling price
More Unpleasant Surprises Could Be In Store For Jiangsu Yabang Dyestuff Co., Ltd.'s (SHSE:603188) Shares After Tumbling 32%
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