China Orient AM to Acquire Stake in Citychamp Dartong's Unit Through Debt-to-Equity Swap, Capital Increase
Express News | Guancheng New Materials: Dongfang Assets increased its investment in Datong New Materials by 0.3 billion yuan.
On December 12, A-shares investment risk avoidance: Asia Vets plans to reduce its Shareholding by no more than 3%; Guancheng New Material: Actual controller Xue Lixi has received a notice of case filing.
Shareholder SUN HUI of Yinghuate plans to reduce their shareholding by no more than 2%; Shareholders Jucheng Investment, Zhongsheng Investment, and Ruiying Investment of Fujian Forecam Optics plan to collectively reduce their shareholding by no more than 1.87%; The Small and Medium Enterprises Development Fund, a shareholder of Siasun Robot&Automation, plans to reduce its shareholding by no more than 3%; Shareholder Kang Junningyuan of Nanmo Bio plans to collectively reduce their shareholding by no more than 1.90%; The actual controller of Guancheng New Materials, Xue Lixi, has received a notice of case filing; Saurer Intelligent Technology is not involved in any AI-related robot business; China TransInfo Technology's important subsidiary, Yushi Technology, has been included in the entity list by the USA Department of Commerce.
Express News | Guan Cheng New Material: The actual controller has received a notification of case filing.
Guancheng New Materials (600067.SH) plans to increase capital in its subsidiary holding company through debt financing.
On November 26th, Guancheng New Materials (600067.SH) announced that, in order to actively promote the major assets restructuring currently planned by the company, clarify the equity and debt relationships between the company and its subsidiary holding companies, and promote the company's global strategy transformation, Guancheng Huitai, a wholly-owned subsidiary of the company, intends to convert the 1500 million yuan debt it holds in Nanjing Wansheng into Nanjing Wansheng's capital reserve at a 1:1 ratio. At the same time, the company plans to convert the 299,999,999 yuan RMB debt it holds in Hong Kong Datong (equivalent to 42,134,853 US dollars) into Hong Kong Datong's equity at a 1:1 ratio, holding
Express News | Guancheng New Materials: Independent director Hu Chao received a warning letter from the Fujian Securities Regulatory Bureau.
citychamp dartong (600067.SH) The new security abbreviation "citychamp new material" will be used on November 19th.
citychamp dartong (600067.SH) announced that the company's stock abbreviation will be changed from "city...
Citychamp dartong (600067.SH): Actively seeking opportunities for vertical and horizontal mergers and acquisitions in the existing electromagnetic wire business industry chain.
GLENNHOLLAND November 12th | Citychamp Dartong (600067.SH) stated on the investor interaction platform that currently, on the one hand, the company is accelerating its global strategy towards de-real estate development, speeding up the development and sales progress of existing real estate projects, gradually clearing assets unrelated to the company's main business, and actively planning to transfer the assets and liabilities related to the real estate development business held to the company's controlling shareholder (or related companies designated by the actual controller). On the other hand, timely expand production, acquisitions, and other means to further grow and strengthen the electromagnetic wire business, actively seeking upstream and downstream as well as lateral acquisition opportunities in the industry chain of the existing electromagnetic wire business, to achieve the company's long-term sustainability.
Express News | Citychamp dartong: Intends to transfer real estate development business related assets and liabilities to the controlling shareholder or its designated affiliated company.
Citychamp Dartong Advanced Materials to Deregister Subsidiary
citychamp dartong (600067.SH): Intends to cancel Citychamp Hon Holdings.
On November 6, Gelonghui announced that, according to the company's overall business development plan, as the wholly-owned subsidiary Suzhou CityChamp Dartong Real Estate Co., Ltd. (referred to as "CityChamp Dartong") currently has no actual operation, the company held the twelfth board of directors' eighth (temporary) meeting on November 5, 2024, to review and approve the "Proposal on the Proposed Cancellation of the Wholly-Owned Subsidiary Suzhou CityChamp Dartong Real Estate Co., Ltd.", proposing to cancel CityChamp Dartong and authorize the company's management and authorized personnel to handle specific matters related to this cancellation.
Express News | citychamp dartong: intends to change its stock abbreviation to citychamp new materials
Guancheng Chase Report for the Third Quarter of 2024
Citychamp Dartong Changes Name to Citychamp Dartong Advanced Materials Amid Shift in Business Focus
Citychamp Dartong (600067.SH): fully repaid the debts of Eastern Assets.
On September 20, Guancheng Dartong (600067.SH) announced that the company has formed a new debt relationship with Dongfang Assets, with the company's debt amount to Dongfang Assets being 1.73 billion yuan, and the repayment deadline not exceeding 1 year. With the approval of Dongfang Assets, the deadline can be extended. The company provides pledged guarantees for the aforementioned debt by holding 95% equity of Peking Ta yangong Real Estate Development Co., Ltd., 79.08% equity of Datong (Fujian) New Materials Co., Ltd., 69% equity of Beijing Haidian Technology Park Construction Co., Ltd., and 311.881 million shares of Fudian Bank Co., Ltd.
Summary of Guancheng Chase\'s 2024 Semi-Annual Report
Guancheng Chase 2024 Semi-Annual Report
Citychamp Dartong (600067.SH) released its first-half performance, with a net loss of 26.9734 million yuan.
Citychamp Dartong (600067.SH) released its semi-annual report for the year 2024, during the reporting period, the company achieved revenue...
Citychamp Dartong rose by limit as it signed a framework agreement for the transfer of Xiandeng Science and Technology shares.
On July 23, Citychamp Dartong (600067.SH) rose to the daily limit, currently trading at 1.99 yuan, with a turnover of 85 million yuan and a market cap of 2.77 billion yuan. Citychamp Dartong announced yesterday evening that on July 22, 2024, the company signed a Framework Agreement on Share Transfer of XianDeng High-tech Electric Co., Ltd. with its existing shareholders, and intends to acquire 55% of XianDeng High-tech Electric Co., Ltd.'s shares. XianDeng High-tech currently has an annual production capacity of about 0.085 million tons of electromagnetic wire. If the transaction is successful, the total production capacity of the company's electromagnetic wire business is expected to reach 0.175 million tons.
Real estate stocks in A-shares are rising, with CityChamp Dartong hitting the limit up.
On July 23, Citychamp Dartong hit the limit-up, Shenzhen Zhenye(Group) rose more than 7%, Guangzhou Pearl River Development Group Co.,Ltd., Tande Co.,Ltd., Yang Guang Co., Ltd. followed the uptrend.