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Qingdao Holdings Secures Buyer for 95% Stake in Construction Firm
Qingdao's Indirect Stake in Bengbu City Huai Yi Construction Gets Winning Bidder
qingdao hldgs (00499): Huainan Huaiying Investment Management plans to acquire 95% equity of Huaiyi Construction from China Nuclear Power Qingdao Holdings for 43.6546 million yuan
qingdao hldgs (00499) announced that on November 21, 2024, the company received a notice. According to...
Announcement Selection | Sinopec SSC's net profit for the year increased by over 52% year-on-year; Tianqi Lithium Corporation issued a profit warning, expecting a net loss of 5.4 billion in the first three quarters.
Sinopec SSC's annual profit increased by more than 50%, how did the third quarter perform? tianqi lithium corporation is expected to incur a net loss of 5.4 billion yuan in the first three quarters, how big is the impact?
Qingdao Eyes Sale of Construction Wing
qingdao hldgs (00499.HK) intends to publicly list for sale 95% equity of Huaiyi Construction, its subsidiary.
On October 23, GeLongHui announced that qingdao hldgs (00499.HK) plans to sell its 95% equity interest in Huaibei Huiyi Construction Development Co., Ltd. (Huaibei Construction), held through its subsidiary Zhongjian Qingkong Development and Construction Co., Ltd., which holds 51% equity interest. The sale will be conducted through public listing. After the potential sale is completed, the company will no longer hold any equity interest in Huaibei Construction, and Huaibei Construction will no longer be a subsidiary of the company. Huaibei Construction is mainly engaged in architecture engineering, real estate development, residential interior design and decoration, architectural labor subcontracting, and property management.
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