WUXI APPTEC will transfer the WuXi ATU Business to a USA Fund. Is the "optimal solution" for the "gray rhino" of the Biological Safety Act?

① This evening, WUXI APPTEC announced that it will transfer its WuXi ATU Business in the USA and United Kingdom to the USA Private Equity Fund Altaris in exchange for Cash.; ② In the first three quarters, WuXi ATU achieved revenue of 0.853 billion, accounting for only about 3% of the total revenue for the first three quarters.; ③ After the transfer of this Business, the accusations and suspicions related to its gene business may be cleared under the Biosecurity Act.

cls.cnDec 24 10:58 ET

BYD and Haier participated in the investment of Dongguan Semiconductors unicorn applying to the Hong Kong Stock Exchange, with numerous Industry companies intensively racing for IPO.

① Among the investors of Tianyu Semiconductors are Hubble, BYD, and Chenda Capital, among others. ② In terms of gross margin, the gross margin of Tianyu Semiconductors' 6-inch epitaxial wafers has decreased, standing at 23.3%, 23.7%, 20%, and 5.7% respectively. ③ Recently, the listing process for semiconductor companies such as Tianyu Semiconductors, Yingrun Technology, Jingcun Technology, Herun Electronics, Zhuohai Technology, InnoSky, and Qiangyi Semiconductors has entered a new stage.

cls.cnDec 24 07:01 ET

Four executives have new positions, and Ping An Insurance has made adjustments to some executive roles.

Fu Xin also serves as the Chief Financial Officer, Fang Fang concurrently acts as the Chief Risk Officer, and Zhang Zhichun takes on the role of General Assistant and is responsible for auditing.

wallstreetcnDec 24 05:58 ET

2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.

On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.

cls.cnDec 23 20:37 ET

RuiZhong Life increased its Shareholding in CHINA LONGYUAN to 1%. Insurance capital is Bullish on undervalued, high-dividend Assets.

① Increase the shareholding of CHINA LONGYUAN Listed in Hong Kong through self-owned funds via centralized bidding in the secondary market; ② After this shareholding increase is completed, Ruizhong Life will Hold 0.502 billion shares of CHINA LONGYUAN Listed in Hong Kong; ③ The funds for this shareholding increase come from self-owned funds.

cls.cnDec 23 09:12 ET

Rescue or 'bottom fishing'? Four insurance companies have acquired 15 Wanda Assets this year.

New China Life Insurance (601336.SH) has taken over another Wanda Assets. According to Tianyancha information, Wanda Plazas in Chifeng and Jinjiang have already occurred...

wallstreetcnDec 23 04:54 ET