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Is China Kings Resources GroupLtd (SHSE:603505) A Risky Investment?
China Kings Resources Group (603505.SH): Elected Wang Jinhua as Director.
Glonghui, December 26 - China Kings Resources Group (603505.SH) announced that it will hold the first meeting of the fifth Board of Directors on December 26, 2024. All directors unanimously agreed to elect Mr. Wang Jinhua as the Chairman of the fifth Board of Directors, elect Mr. Wang Fu-liang as the Vice Chairman of the fifth Board of Directors, and elected members of the specialized committees of the fifth Board of Directors, with terms consistent with those of the fifth Board of Directors.
SWHY: The overall performance of the third generation slightly exceeded expectations. The high prosperity of refrigerants continues in the new year.
The structure of the refrigeration Industry and enterprises continues to improve, with strong constraints on future supply. The continuous optimization of the supply-demand structure will lead to a reversal and upward trend in the fluorochemical Industry.
China Kings Resources Group (603505.SH): has actually bought back 0.35% of the company's shares.
Gelonghui, on December 11, announced that China Kings Resources Group (603505.SH) has completed its share repurchase on December 11, 2024. The company has repurchased a total of 2,136,799 shares through centralized bidding, accounting for 0.35% of the company's total share capital, with the highest repurchase price at 26.18 yuan per share, the lowest at 22.10 yuan per share, and an average repurchase price of 24.88 yuan per share, totaling an investment of 53,158,002.11 yuan (excluding transaction costs).
The leading fluorite company is going overseas to mine, China Kings Resources Group invests 0.173 billion in the Mongolia project | Read the announcement.
① Following the investment in mineral resources in Mongolia, China Kings Resources Group is extending its Industry Chain by laying out a mineral processing plant, with a total investment expected to exceed 0.347 billion yuan; ② The launch of the Mongolia project means that the fluorite expansion plan of China Kings Resources Group is basically being implemented.
China Kings Resources Group (603505.SH): Plans to sign a House Rental contract.
On December 10, Gelonghui reported that China Kings Resources Group (603505.SH) announced that the current office conditions at the company's headquarters are quite cramped. The owned office space located in the Gongyuan Building of Xihu District, Hangzhou, is only over 660 square meters, and an additional approximately 1300 square meters is leased sporadically across various floors. As the company continues to grow, with the expansion of management staff and the introduction of high-end talents in the future, the existing office space can no longer meet the operational development requirements of the company. To cater to the normal operational needs of the company, it is proposed to resolve the office space issue through purchasing and leasing. Specifically, the company plans to lease office space from related individual Ms. Song Ying, located in the Gongshu District of Hangzhou.
China Kings Resources GroupLtd (SHSE:603505) Jumps 7.7% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
