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Mingxin Automotive Leather (605068.SH): plans to receive a cash dividend of 0.15 billion yuan from Liaoning Fuxin.
On December 24, Gelonghui reported that Mingxin Automotive Leather (605068.SH) announced that its wholly-owned subsidiary Liaoning Fuxin New Materials Co., Ltd. (hereinafter referred to as "Liaoning Fuxin") decided according to its articles of association and the decision of its Shareholder to continuously and steadily return profits to Shareholders and combine this with the actual situation of Operation. The specific distribution plan is as follows: as of December 31, 2023, Liaoning Fuxin has distributable profits of 0.249 billion yuan and agrees to distribute profits of 0.15 billion yuan to Shareholders in cash. The company holds 100% equity in Liaoning Fuxin and can receive cash dividends of 0.15 billion yuan.
Mingxin Automotive Leather (605068.SH): The company is the supplier of suede microfiber for the Leda L60.
Gelonghui, December 16丨Mingxin Automotive Leather (605068.SH) stated on the interactive platform that the company is the suede microfiber supplier for the Leda L60.
Mingxin Automotive Leather (605068.SH): Multiple fundraising projects have been completed and the remaining raised funds will be permanently used to supplement working capital.
On December 10, Gelonghui announced that mingxin automotive leather (605068.SH) released information about its planned projects for the raised funds: "A project for the clean and intelligent upgrade of the annual production of 1.1 million sheets of cowhide autos leather," "The construction project of the research and development center for mingxin automotive leather Co., Ltd.," and "An industrial 4.0 construction project for the annual production of 0.5 million sheets of high-grade chromium-free tanned cowhide autos leather." The remaining raised funds of 128.3856 million RMB (actual remaining raised funds will be based on the bank account balance on the fund transfer date) will be permanently used to supplement working capital.
Mingxin Automotive Leather (SHSE:605068) Posted Weak Earnings But There Is More To Worry About
Mingxin Xuteng 2024 Third Quarter Report
Mingxin Automotive Leather (605068.SH): The net income in the first three quarters was 12.0884 million yuan, a decrease of 69.1% year-on-year.
On October 29, Gelonhui announced that mingxin automotive leather (605068.SH) achieved total operating income of 0.778 billion yuan in the first three quarters of 2024, a year-on-year increase of 24.18%; net income attributable to shareholders of the parent company decreased by 69.1% to 12.0884 million yuan; with an EPS of 0.08 yuan.
