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Hua Rui Precision (688059.SH): The application for the private placement has been approved by the Shanghai Stock Exchange.
On January 6, Gelonghui reported that Huarei Precision (688059.SH) announced that on January 3, 2025, it received the "Review Opinion on the Issuance of Stocks by Zhuzhou Huarei Precision Tools Co., Ltd. to Specific Objects" issued by the Shanghai Stock Exchange. The specific opinions are as follows: The application by Zhuzhou Huarei Precision Tools Co., Ltd. for issuing stocks to specific objects meets the issuance conditions, listing conditions, and information disclosure requirements. The Exchange will submit the application documents to the China Securities Regulatory Commission for registration upon receipt from your company.
Is Zhuzhou Huarui Precision Cutting Tools Co.,Ltd.'s (SHSE:688059) Recent Stock Performance Tethered To Its Strong Fundamentals?
Zhuzhou Huarui Precision Cutting Tools Invests in German Unit to Boost Competitiveness
Huarui Precision (688059.SH): plans to establish a wholly-owned subsidiary and a grandchild company.
Gelonghui November 20th | Huari Precision (688059.SH) announced that, based on its own development plan and operational needs, the company has invested in Hong Kong to establish a wholly-owned subsidiary through its own funds, with a registered capital of 0.01 million Hong Kong dollars. The subsidiary will mainly engage in investment business. At the same time, the Hong Kong subsidiary has invested in establishing a wholly-owned subsidiary in Germany, with a registered capital of 0.025 million euros. The German subsidiary will mainly engage in the trade and sales of cutting tools, tool systems, machinery and machine spare parts, and other technical products; research and development of cutting tools and various tools; research and development of processing technology and technical consulting in the field of cutting technology.
Huarui Precision: Report for the third quarter of 2024
Third Quarter Report 2024
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