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Riyue Heavy IndustryLtd (SHSE:603218) May Have Issues Allocating Its Capital
Riyue Heavy Industry (603218.SH) will pay a dividend of 2.8 yuan per 10 shares for the year 2023, with a record date of July 24th.
Riyue Heavy Industry (603218.SH) has announced that the company will distribute equity for the year 2023 at a rate of 10 shares per...
Riyue Heavy Industry (603218.SH): Intends to establish a holding subsidiary, Subei Zheshang New Energy Wind Power Co., Ltd.
On July 5th, GeLongHui reported that Riyue Heavy Industry Co., Ltd., a wholly-owned subsidiary of Riyue Heavy Industry (Gansu) Co., Ltd., Ningbo Mingling Technology Co., Ltd., a wholly-owned subsidiary of the company, and Zhejiang New Energy Investment Group Co., Ltd. plan to jointly establish a holding subsidiary in Jiuquan City, Gansu Province for strategic development needs. The name of the holding subsidiary is tentatively set as Subei Zhe New Energy Wind Power Co., Ltd. The registered capital of the target company is 140 million yuan, of which the company's subscribed capital is 56 million yuan, accounting for 40%; Gansu Riyue's subscribed capital is also 56 million yuan, accounting for
Riyue Heavy Industry (603218.SH): Has cumulatively repurchased 1.0180% of the company's shares.
On July 1st, Gelunhui reported that Riyue Heavy Industry (603218.SH) had repurchased a total of 10,492,700 shares of the company's stock as of June 28, 2024, accounting for 1.0180% of the company's total existing share capital of 1,030,692,750 shares. This represents an increase of 0.1521% compared to the previous disclosure on May 31, 2024. The highest price paid for the repurchase was 15.85 yuan per share, the lowest was 9.12 yuan per share, and the total amount paid was 129,134,281 yuan (excluding transaction fees).
Investors Three-year Losses Continue as Riyue Heavy IndustryLtd (SHSE:603218) Dips a Further 4.7% This Week, Earnings Continue to Decline
Does This Valuation Of Riyue Heavy Industry Co.,Ltd (SHSE:603218) Imply Investors Are Overpaying?
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