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Songfa Ceramics Suspends Trading of Shares Amid Revamp
"Always on the road" Guangdong Songfa Ceramics seeks asset restructuring again, intending to place assets under the controlling shareholder | Speed reading announcement.
①Guangdong Songfa Ceramics plans to purchase a certain equity of Hengli Heavy Industry or certain equity of subsidiaries of Hengli Heavy Industry, this transaction constitutes a major asset restructuring and related trade. ②Guangdong Songfa Ceramics has suffered losses for three consecutive years and urgently needs to inject momentum into its performance.
Guangdong Songfa Ceramics: Half-year report for the year 2024.
Guangdong Songfa Ceramics: Summary of Half-Year Report in 2024.
Guangdong Songfa Ceramics (603268.SH): the net loss in the first half of the year was 34.7271 million yuan.
Songfa Ceramics (603268.SH) released its 2024 interim report, with revenue of 0.114 billion yuan, an increase of 24.70% year-on-year; net income attributable to shareholders of the listed company was -34.7271 million yuan.
Guangdong Songfa Ceramics (603268.SH): Subsidiary Chaozhou Songfa plans to invest 1 million yuan to establish a subsidiary.
On July 19th, Gelonhui reported that Guangdong Songfa Ceramics (603268.SH) announced the company's wholly-owned subsidiary, Chaozhou Songfa Ceramics Co., Ltd. (hereinafter referred to as "Chaozhou Songfa") plans to invest 1 million yuan of its own funds to establish the "Jingdezhen Songfa Home Fashion Co., Ltd." (tentative name, hereinafter referred to as the "target company"). The company's outward investment is based on the need to promote the operation of the main business. By using dining services to attract the company's main products, it is conducive to the long-term and sustained development of the company. The source of funds for the establishment of the wholly-owned subsidiary comes from the company's own funds, and will not have a significant impact on the company's business status and finances.
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