Zhejiang Dehong Automobile Electronics & Electric Co., Ltd. Report for the Third Quarter of 2024

SZSIOct 29 12:00 ET · Announcements

Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd.'s (SHSE:603701) Business Is Trailing The Industry But Its Shares Aren't

Simply Wall StOct 25 19:44 ET

zhejiang dehong automotive electronic & electrical (603701.SH): There have been changes in the ownership of some state-owned shares by the controlling shareholder.

On October 21, Gelonhui reported that zhejiang dehong automotive electronic & electrical (603701.SH) announced that on October 19, 2024, the company received a notification from Ningbo Zhenhai Investment Co., Ltd. (referred to as "Zhenhai Investment") in accordance with the spirit of state-owned enterprise reform in Zhenhai District. Ningbo Zhenhai District State-owned assets management service center (referred to as "Zhenhai District State-owned assets center") will inject 60% equity of Zhenhai Investment held by it into Ningbo Zhentou Holdings Group Co., Ltd. (referred to as "Zhentou Holdings", formerly Ningbo Zhenhai District Urban Renewal Investment Construction Operation Co., Ltd.). Prior to the completion of this state-owned equity change, Zhenhai District State-owned assets center held Zhenhai Investment.

Gelonghui FinanceOct 21 05:20 ET

Capital Allocation Trends At Zhejiang Dehong Automotive Electronic & Electrical (SHSE:603701) Aren't Ideal

Simply Wall StOct 2 03:35 ET

zhejiang dehong automotive electronic & electrical (603701.SH): Industrial and commercial energy storage is one of the key development directions of the company's energy storage sector.

Gelonghui on September 30th Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) stated on the investor interaction platform that industrial and commercial energy storage is one of the key development directions of the company's energy storage sector. Currently, the company has signed contracts for various industrial and commercial energy storage projects including hunan Qibin 30.06MWh, Shangchai Power 18MWh, Sanlu Food 6.2MWh, and many other projects, with several projects also in development and negotiation. The company will actively engage in related businesses based on market demand and its own situation, including but not limited to research and development, production, and sales of industrial and commercial energy storage equipment, as well as investment, construction, and operation of energy storage power stations.

Gelonghui FinanceSep 30 05:48 ET

zhejiang dehong automotive electronic & electrical (603701.SH): Intends to sign a land and house compensation mmf agreement.

According to the spirit of the minutes of the special meeting on accelerating the real estate registration and south side land renewal of Renxi Primary School in Huzhou City People's Government, Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd.'s Renxi Primary School south side plot is included in the urban renewal plan. In order to ensure the smooth implementation of this relocation project and protect the legitimate rights and interests of the land expropriation and demolition parties, the company intends to negotiate with Huzhou Urban Renewal Construction on the matter of relocation compensation for buildings and structures on the land and ground under the state-owned land use rights certificate (Hutu Guoyong (2010) No. 030702).

Gelonghui FinanceSep 27 04:15 ET