After consecutive years of losses, "abandoned"? Guangxi Wuzhou Zhongheng Group plans to transfer control of Chongqing Lummy Pharmaceutical | Quick Read Announcement.

①Guangxi Wuzhou Zhongheng Group plans to transfer the shares of Chongqing Lummy Pharmaceutical held directly by the company through public solicitation, which may lead to changes in the controlling shareholder and actual controller of the latter. ②The "story" of Guangxi Wuzhou Zhongheng Group's investment in Chongqing Lummy Pharmaceutical began in November 2019, and the following April it became the major shareholder of Chongqing Lummy Pharmaceutical, making Guangxi State-owned Assets Supervision and Administration Commission the actual controller of Chongqing Lummy Pharmaceutical. ③In recent years, Chongqing Lummy Pharmaceutical has been in a continuous state of losses.

cls.cnNov 26 09:55 ET

Asia Pacific Property Insurance Equity Up for Auction Again

Most of the equity has been pledged.

wallstreetcnOct 24 11:33 ET

Concept Dynamics | Caijing Community's thematic library adds the concept of "debt-to-equity swap"

The State Council Information Office held a press conference on October 12, 2024. Minister of Finance Lan Fo'an stated that plans to significantly increase the debt limit at one time, replace the local government's existing hidden debts, and increase support to help local governments resolve debt risks. Overview of debt restructuring concept stocks.

cls.cnOct 12 02:23 ET

The controlling shareholder of anhui xinli finance will change! The 23.60% equity is about to change hands. After turning losses into profits, the performance will once again show a double-digit decline.

①anhui xinli finance holding shareholder "xinli kechuang" intends to transfer all of its approximately 0.121 billion shares to Huilong Investment, with the actual controller still being the Anhui Supply and Marketing Cooperative Union. ②This adjustment may be made by the actual controller to optimize internal resource allocation, with an 11.93% and 23.42% decline in the operating income and net income of Xinli Finance in the first half of the year.

cls.cnSep 19 10:21 ET

The State Council meeting promotes a virtuous cycle in the venture capital industry, and the sector is expected to seize the opportunity.

On September 18th, the executive meeting of the State Council pointed out that venture capital is related to technological innovation, industrial upgrading, and high-quality development. It is necessary to quickly resolve the bottlenecks and difficulties in the various stages of fundraising, investment management, and withdrawal, support eligible technology-based enterprises to list both domestically and internationally, vigorously develop the equity transfer and mergers and acquisitions market, and promote a healthy cycle in the venture capital industry.

cls.cnSep 18 19:41 ET

After the change of the controlling shareholder, Nanjing Iron & Steel released its first 'mid-term report card', which shows a performance growth of over 20% against the trend. | Interpretations

In the first half of the year, Nanjing Iron & Steel achieved a net profit attributable to shareholders of RMB 1.233 billion, a year-on-year increase of 24.70%; The company plans to distribute a cash dividend of RMB 1.00 per 10 shares for the first half of the year, with a total dividend of RMB 0.617 billion. Apart from maintaining a high level of profitability in the steel business, Nanjing Iron & Steel has also contributed significantly to other income growth in the first half of this year. In addition, both management expenses and staff salaries have seen a year-on-year decrease.

cls.cnAug 19 11:20 ET