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Ningbo Xusheng Group Co., Ltd. (SHSE:603305) Adds CN¥439m in Market Cap and Insiders Have a 33% Stake in That Gain
Key Insights Ningbo Xusheng Group's significant insider ownership suggests inherent interests in company's expansion A total of 2 investors have a majority stake in the company with 60%
Ningbo Xusheng Group (603305.SH): plans to use a maximum amount of RMB 1 billion of idle self-owned funds for cash management.
Ningbo Xusheng Group (603305.SH) announced on July 11 that the company and its subsidiaries plan to use idle own funds of up to CNY 1 billion (including CNY 1 billion) for cash management.
Ningbo Xusheng Group (603305.SH): Plans to use a raised capital of 1.26 billion yuan to increase capital to Xusheng Huzhou for the implementation of the "new energy fund automobile powertrain project".
On July 11th, Geelong announced that Ningbo Xusheng Group (603305.SH) is the direct implementer of the "New Energy Vehicle Powertrain Project" of Xusheng Huzhou. In order to ensure the smooth implementation of the fundraising project, the company plans to use the raised funds of 1.26 billion yuan to increase capital to Xusheng Huzhou, and implement the fundraising project of the "New Energy Vehicle Powertrain Project", of which 300 million yuan will be included in the newly added registered capital, and the remaining 960 million will be included in capital reserves. After the capital increase is completed, the registered capital of Xusheng Huzhou will increase from 500 million yuan to 800 million yuan.
Does Ningbo Xusheng Group (SHSE:603305) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Ningbo Xusheng Auto Technology to Issue 2.8 Billion Yuan Convertible Bonds
Ningbo Xusheng Auto Technology (SHA:603305) will issue 2.8 billion yuan convertible bonds, according to a Wednesday filing on the Shanghai bourse. The interest rate will start from 0.20% for the first
Ningbo Xusheng Group (603305.SH): "Sheng24 Convertible Bonds" will be subscribed on June 14th.
Ningbo Xusheng Group (603305.SH) announced that the company will issue 2.8 billion yuan of convertible corporate bonds (hereinafter referred to as 'convertible bonds')...
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