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Chengbang Eco-Environment Co.,Ltd. (SHSE:603316) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Chengbang EcoEnvironment (603316.SH): Plans to dissolve 2 wholly-owned subsidiaries.
On December 20, Gelonghui announced that Chengbang EcoEnvironment (603316.SH) held the ninth meeting of the fifth Board of Directors on December 20, 2024, where it reviewed and approved the proposal to cancel the wholly-owned subsidiaries Hangzhou Xinchengyuan Investment Co., Ltd. (referred to as "Xinchengyuan Investment") and Zhejiang Chengbang Greening Engineering Co., Ltd. (referred to as "Chengbang Greening"), and authorized the company management to handle the cancellation of these subsidiaries. Since the wholly-owned subsidiaries Xinchengyuan Investment and Chengbang Greening have not engaged in any business activities, this cancellation is aimed at optimizing the asset structure and reducing operational costs.
Chengbang Eco-Environment Signs 68 Million-Yuan Engineering Works Subcontract; Shares Down 8%
Chengbang EcoEnvironment (603316.SH) signed a specialized subcontracting contract for construction worth 67.6917 million yuan.
Chengbang EcoEnvironment (603316.SH) released an announcement, recently, Zhongyifeng Construction Group Co., Ltd. signed a contract with the company...
Chengbang EcoEnvironment (603316.SH): Signed a professional subcontracting contract for construction worth 67.6917 million yuan.
GeLonghui reported on December 16 that Chengbang EcoEnvironment (603316.SH) announced that recently, Zhongyifeng Construction Group Co., Ltd. signed a subcontract for construction work with the company, with a contract amount of 67.6917 million yuan (tax included).
Chengbang EcoEnvironment (603316.SH): plans to transfer 100% of Chengbang Design's equity to the company's related party, Fang Liqiang.
On December 12, Ge Longhui reported that Chengbang EcoEnvironment (603316.SH) announced that, in light of the continuous losses of its wholly-owned subsidiary Chengbang Design in recent years, in order to focus on the development of the company's core Business, optimize resource allocation, and improve the utilization efficiency of the company's funds and resources, the company will hold the eighth meeting of the fifth Board of Directors on December 12, 2024, to review and approve the "Proposal on the Sale of Subsidiary Equity and Related Transactions." The company intends to transfer 100% of the equity of Chengbang Design to its related party Fang Liqiang, sign the "Equity Transfer Agreement" (hereinafter referred to as "this agreement"), and authorize the management to handle the equity transfer.
