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CNNC International Set to Dispose Subsidiary, Shares Up 9%
Hong Kong stock concept tracking | Technology giants increase their bets on nuclear energy, focus on the performance growth opportunities of nuclear power equipment suppliers and operators (with concept stocks)
Google and other large technology companies like Microsoft consider nuclear energy as a solution to the electricity problem of artificial intelligence (AI).
cnnc int'l (02302.HK) plans to sell all equity of cnnc int'l (Hong Kong) for 0.167 billion Hong Kong dollars.
Grace 16 October Shanghai and H Shares international (02302.HK) announcement, Bothagreed to sell and China core finance and the company core financial capital, as the buyer, entered into a sale and purchase agreement on October 16, 2024. According to this agreement, the company agreed to sell and China core financial capital agreed to purchase the shares to be sold (equivalent to all the issued share capital of the target company H Shares International (Hong Kong) Company Limited), with a price for the completion of the consideration (i.e. a preliminary consideration of HK$0.167 billion, subject to accounting adjustments to be made), but subject to audit adjustments and the terms and conditions of the sale and purchase agreement. The target company holds a 7.55% stake in China Core Leasing. China Core Leasing" 田朱社中岛类或者田呩社田
cnnc int'l (02302.HK): Liu Yajie appointed as an independent non-executive director.
On October 16, Gelonhui: cnnc int'l (02302.HK) announced that Liu Yajie has been appointed as an independent non-executive director, a member of the audit committee, a member of the nomination committee, and a member of the remuneration committee, effective from October 16, 2024.
CNNC INT'L: Interim Report 2024
CNCC Int'l (02302.HK) announced its interim performance: gross profit increased by approximately 851% year-on-year, actively seeking high-quality uranium resource projects.
Recently, cnnc int'l (02302.HK) announced its interim performance. In the first half of 2024, the group achieved a gross profit increase of approximately 851% to about 6.4 million yuan, realizing a trade of 0.6 million pounds of natural uranium products by facilitating uranium procurement trade for the Roxing uranium mine. The group will focus and continue to deploy its existing resources in the uranium product business, develop uranium product trade, and actively seek high-quality uranium resource projects (intending to focus on producing projects) to complement the development of the parent group and leverage the parent group's advantages in the nuclear energy field.
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