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Shanghai Ace Investment & Development (603329.SH): Approval of private placement obtained from Hubei Cultural and Tourism Department.
On August 5th, Gelunhui reported that Shanghai Ace Investment & Development (603329.SH) announced that it had recently received a reply from Hubei Cultural Tourism Group Co., Ltd. (hereinafter referred to as 'Hubei Wenlü') forwarded by its controlling shareholder, Hubei International Trade Group Co., Ltd., regarding the issuance of stocks to specific parties by Shanghai Ace Investment & Development Co., Ltd. Hubei Wenlü approved the issuance plan and related matters of stocks to specific parties by the company.
Announcement of half-year performance forecast for 2024.
Shanghai Ace Investment & Development (603329.SH): expected profits of 13.5 to 20 million yuan in the first half of the year, reversing the loss from the same period last year.
On July 9th, GeLongHui disclosed that Shanghai Ace Investment & Development (603329.SH) expects to achieve a net income attributable to the owner of the parent company of 13.5 million yuan to 20 million yuan in the first half of 2024. Compared with the same period of the previous year (disclosed data), it will turn losses into profits. It is expected to achieve a net income after deducting non-recurring gains and losses attributable to the owner of the parent company of 11.5 million yuan to 17 million yuan in the first half of 2024. In the first half of 2024, the company focuses on its main business, increases business risk management, runs its logistics business stably, and maintains stable prices for sulfur products in its supply chain execution trade business.
GLE Announcements Selection: Zhuhai Guanyu Plans to Invest Not More Than 2 Billion Yuan in Malaysia Guanyu New Energy Project; Zijin Mining Group: Net Income Is Expected to Increase by About 41%-50% YoY in the First Half of the Year.
Investment project: Zhuhai Guanyu (688772.SH): plans to invest no more than 2 billion yuan to build new energy projects for Guanyu batteries in Malaysia; Tianyuan Group (002386.SZ): Haifeng and Rui plan to invest 0.136 billion yuan to build an optimized ion membrane electrolysis tank project for chlor-alkali plant; Tianyuan Group (002386.SZ): Haifeng and Tai plan to invest 73.8971 million yuan in the quality improvement optimization technology transformation project for titanium dioxide; Tianyuan Group (002386.SZ): Haifeng and Rui plan to invest 72.61 million yuan to build a 40MW/80WWh user-side electrochemical energy storage power station.
Shanghai Ace Investment & Development (603329.SH): Plans to raise no more than 0.3 billion yuan through a private placement to the controlling shareholder.
On July 8th, Gelunhui announced that Shanghai Ace Investment & Development (603329.SH) will issue A shares to specific recipients in 2024. The recipients of this share issuance are the controlling shareholder Hubei Guomao, who plans to subscribe to all stocks issued in cash. This issuance of A shares to specific recipients constitutes related transactions. The total amount of funds raised by the company through this specific issuance of A shares to specific recipients shall not exceed 0.3 billion yuan (including the base number), and the net amount of funds raised after deducting the issuance expenses shall be used to supplement working capital or repay bank loans.
Asiaray (01993.HK) subsidiary Shanghai Ace Investment & Development signed a franchise agreement with Meilan Airport for operation.
Asiaray (01993.HK) announced that the board of directors is pleased to announce that the company's indirect wholly-owned subsidiary, Shanghai Ace Investment & Development, has entered into a franchise agreement with Meilan Airport. According to the agreement, Shanghai Ace Investment & Development was granted exclusive rights by Meilan Airport to use and operate advertising and media resources and is required to pay a franchise fee to Meilan Airport.
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