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Guangdong Tianan New Material (603725.SH): Subsidiary re-recognized as a high-tech enterprise.
On February 14, Gelonghui reported that Guangdong Tianan New Material (603725.SH) announced that its wholly-owned subsidiary Guangdong Tianan High Polymer Technology Co., Ltd. and Zhejiang Ruixin Decorative Materials Co., Ltd. have respectively received the "High-tech Enterprise Certificate"; the holding subsidiary Foshan Shiwai Eagle Brand Ceramic Co., Ltd. received the "Second Batch of High-tech Enterprise Registration List for 2024" published by the Office of the National High-tech Enterprise Certification Management Leadership Group, and passed the high-tech enterprise certification. Tianan High Polymer, Shiwai Eagle Brand, and Ruixin Decorative Materials have been re-recognized as "High-tech Enterprises."
Guangdong Tianan New Material (603725.SH): The investee company plans to IPO and has been accepted for listing on the BSE.
Gelonghui reported on December 27 that Guangdong Tianan New Material (603725.SH) announced that its associate company Shanghai Yongchao New Materials Technology Co., Ltd. (hereinafter referred to as "Yongchao New Materials") submitted the declaration materials for public offering of stocks to unspecified qualified investors and listing on the BSE, which has been officially accepted by the BSE. The company's associate, Yongchao New Materials, is listed on the national equity transfer system for small and medium-sized enterprises, with the stock abbreviation: Yongchao New Materials, stock code: 873808. As of the date of this announcement, the company holds 1,955,262 shares of Yongchao New Materials.
Guangdong TianAn New Material (603725.SH): focusing on extending and expanding business in the wider home industry chain.
Guangdong Tianan New Material (603725.SH) stated at the performance briefing on November 27 that in recent years, the company has extended and expanded its business focus on the entire home industry chain through organic growth and mergers and acquisitions. In July of this year, the company acquired a controlling stake in Nanfang Design Institute, supplementing an important part of the company's architectural and interior design in the public decoration field. In October of this year, the company acquired a stake in Foshan Junye, a subsidiary of the Foshan Jianfa Group under the municipal state-owned assets, further bridging the channel resources linking consumers and end-users in the home and public decoration fields, thereby driving architectural ceramics, doors, walls, cabinets, and polymer composites.
Impressive Earnings May Not Tell The Whole Story For Guangdong Tianan New Material (SHSE:603725)
Cheonan New Materials Report for the Third Quarter of 2024
Announcement of the main operating data of the polymer composite finishing materials business for the third quarter of 2024 of Tianan New Materials
Guangdong Tianan New Material Co., Ltd. (SHSE:603725) Stock Rockets 29% But Many Are Still Ignoring The Company
