china cssc Q3 net profit plummeted by 57%! Active institutional funds fled after the announcement of the merger of the two ships｜interpretations

① China CSSC achieved revenue of 20.152 billion yuan in Q3, a year-on-year increase of 5.35%; net income of 0.858 billion yuan, a year-on-year decrease of 57.26%; ② Compared to September 2nd before the announcement of the merger of the two ships, by the end of September, shareholders of the company, including northbound funds, civil-military integration industry investment fund, and Citic Sec Chongfeng single asset management plan, have all reduced their positions.

cls.cnOct 30 19:18 ET

The increase in ship prices combined with low raw material prices gradually reveals the shipyard's profits. China CSSC Jiangnan Shipbuilding's order schedule has reached 2028 | Company research.

① Jiangnan Shipbuilding's handheld order continues to increase, reaching 100 vessels by September, and currently, the new civilian ship orders are basically scheduled until 2028; ② The price of the 0.015 million TEU container ship market has increased by another 10% compared to last year, with tight supply and demand as the main reason; ③ Jiangnan Shipbuilding is reducing costs through initiatives such as storage supply chain reform and plans to double production capacity.

cls.cnSep 13 06:51 ET

Two shipbuilding stocks with market caps of hundreds of billions will undergo restructuring! china cssc plans to merge with china shipbuilding industry.

①The method of this merger is that China CSSC plans to issue A-share stocks to all shareholders of China Shipbuilding Industry for stock-for-stock absorption and merger. ②As of today's close, the total market value of China CSSC is 156.1 billion yuan, and the total market value of China Shipbuilding Industry is 113.6 billion yuan.

cls.cnSep 2 08:26 ET

Breaking news! Dragonhead, the leader in the research, development, design, and manufacturing of 110 billion ships, is planning to merge with China CSSC through stock absorption. | Post-market announcement highlights.

China CSSC: Currently planning to merge with China Shipbuilding Industry. Stocks will be suspended from trading starting tomorrow.

cls.cnSep 2 08:16 ET

After holding the shares for 7 years, the country's largest state venture capital fund plans to exit China Shipbuilding Industry.

China National Investment Fund plans to reduce its shareholding in China Shipbuilding Industry by no more than 0.456 billion shares, accounting for 2.00% of the company's total share capital; China National Investment Fund is the 'largest' national-level venture capital fund approved by the State Council, with a total design scale of 200 billion yuan, and it has held China Shipbuilding Industry for 7 years.

cls.cnAug 16 07:04 ET

Nordic fund KLP excludes 14 weapons companies on ethical grounds

reutersNov 4, 2021 02:00 ET