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Jiangsu Bide Science and TechnologyLtd (SHSE:605298) Will Want To Turn Around Its Return Trends
Bidtech Technology (605298.SH): The "Bidtech Technology Research and Development Center Construction Project" is completed.
On January 20, 2025, Gelonghui reported that Bide Technology (605298.SH) held the fifth meeting of the fourth Board of Directors and the fifth meeting of the fourth Supervisory Board, where it approved the "Proposal to Conclude the Initial Public Offering of Stocks Fundraising Investment Project and Permanently Supplement Working Capital with Remaining Fundraising Amounts." The company agreed to conclude the "Bide Technology R&D Center Construction Project" and to permanently supplement working capital with the remaining fundraising amount of 19.4941 million yuan (including net interest income, actual transfer amount will be based on the bank's interest balance on the day of transfer). The aforementioned fundraising investment project is pending disbursement.
Encourage social capital to participate in Railroads construction and Operation. The Railroads Industry is expected to welcome a high prosperity cycle.
① The General Office of the Communist Party of China and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open Transportation market. It mentions encouraging and guiding social capital to legally and properly participate in Railroads construction and Operation; ② Southwest Securities Research Reports point out that with the accelerated replacement of equipment, increased maintenance of high-speed trains, and improvement in the bidding and delivery of new locomotives, Railroads equipment is experiencing a new prosperity cycle.
Jiangsu Bide Science and TechnologyLtd (SHSE:605298) Is Reinvesting At Lower Rates Of Return
Revenues Not Telling The Story For Jiangsu Bide Science and Technology Co.,Ltd. (SHSE:605298) After Shares Rise 46%
Jiangsu Bide Science and TechnologyLtd (SHSE:605298) Strong Profits May Be Masking Some Underlying Issues