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KTK Group (SHSE:603680) Stock Falls 8.9% in Past Week as Five-year Earnings and Shareholder Returns Continue Downward Trend
KTK Group Co., Ltd. (603680.SH) plans to sell 100% of Mingxin Company's equity for 0.4 billion yuan.
On December 29, Gelonghui reported that KTK Group Co., Ltd. (603680.SH) announced that the company's ("Party B") fifth Board of Directors' seventh meeting reviewed and approved the proposal regarding the sale of 100% equity of its subsidiary, agreeing to sell 100% equity of Jiangsu Mingxin Traffic Equipment Co., Ltd. (hereinafter referred to as "Mingxin" or "target company") to Changzhou Heyuan Rail Technology Co., Ltd. (hereinafter referred to as "Changzhou Heyuan" or "Party A"), with the transaction price being RMB 0.4 billion. This transaction involves the company planning to sell 100% equity of the target company based on the overall operational development needs of the company, which complies with public.
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November 19th A-share Investment Lightning Rod ︱ Doctorglasses chain: One of the controlling shareholders and specific shareholders plan to reduce their holdings of the company's shares by a total of 1.53%; *special treat Longyu: risks warning of addition
Cendes co.,ltd. shareholder Zhang Peng plans to reduce his shareholding by no more than 3.00%; one of the actual controllers and specific shareholders of Doctorglasses chain plan to reduce their holdings by a total of 1.53% of the company's shares; nantong jiangshan agrochemical & chemicals shareholder Fuhua Technology plans to reduce its holdings by no more than 3% of the company's shares; ktk group co., ltd. shareholder China Railway plans to reduce its holdings by no more than 3%; daqian ecology & environment group stated that the company's stock price may have a risk of declining after a significant short-term increase; there is still uncertainty about whether the investment intention agreement signed between wuhan fingu electronic technology and Wuhan Guangju can ultimately be implemented; *ST Longyu is subject to additional risk warnings; the actual controller of chongqing sansheng industrial has received a warning letter from the Chongqing Securities Regulatory Bureau.
ktk group co., ltd. (603680.SH): Planning to sell equity of a subsidiary.
Gelonghui November 11th | KTK Group Co., Ltd. (603680.SH) announced that in order to control international trade risks, further optimize assets and business structures, KTK Group Co., Ltd. (referred to as "Company" or "Party C") signed an "Investment Framework Agreement on Acquiring Changzhou Heyuan Rail Technology Co., Ltd." (referred to as the "Framework Agreement") with Changzhou Wujin Comprehensive Bonded Zone Investment and Construction Co., Ltd., Mr. Huang Jun, and Mrs. Huang Chunhong (referred to as the "Acquirer" or "Party A") on November 11, 2024, intending to transfer the wholly-owned subsidiary Changzhou Heyuan Rail Technology Co., Ltd. and Jiangsu Mingxin that the company holds
Little Excitement Around KTK Group Co., Ltd.'s (SHSE:603680) Earnings As Shares Take 25% Pounding
