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cn int dev corp (00264.HK) partners with Hydrogen New Energy Group to establish a joint venture for air pollution control.
Cn int dev corp (00264.HK) announced that a joint venture with strategic partner Hydrogen New Energy will be established as soon as possible, subject to feasibility, to cooperate in the research and development, production, and sales of hydrogen injection cleaning systems for automobile engines, aiming to address air pollution control for motor vehicles and non-road mobile sources in china.
cn int dev corp (00264.HK) has completed the placement of 10.012 million shares.
Kline Holdings November 21st News: CN INT DEV CORP (00264.HK) announced that the board of directors joyfully announced that all conditions set out in the placement agreement have been met, and the placement has been completed on November 21, 2024. The placement agent successfully placed 10.012 million shares of placement shares to no fewer than six placees at a price of HKD 1.02 per share.
China International Development Signs MOU for Potential JV; Expects to Raise HK$41 Million From Share Placement
cn int dev corp (00264.HK) discounts 19% for a rights issue, raising 40.8 million yuan, possibly establishing a joint venture.
cn int dev corp (00264.HK) announced a maximum of 40 million new shares for sale, equivalent to an 8.84% increase in enlarged share capital; the sale price is 1.02 yuan, a discount of 19.05% from the previous trading day (Day 4). The total capital raised is 40.8 million yuan, with a net amount of 39.6 million yuan to be used for purchasing production materials and paying production factory expenses; repaying outstanding payables; and general operating funds. At the same time, the company has signed a memorandum of understanding with the independent third party Fang Shijun, planning to cooperate through the establishment of a joint venture in the research, production, and sales of hydrogen injection clean systems for automobiles.
CN Int Dev Corp (00264) and Farasis Energy Group have signed a memorandum of understanding on the possible establishment of a joint venture.
cn int dev corp (00264) announced that on November 4, 2024, the company entered into a strategic partnership with (legal...
cn int dev corp (00264.HK) plans to establish a joint venture aiming to conduct business in China for hydrogen injection clean system for auto engines.
Gelonghui, November 4th: CN Int Dev Corp (00264.HK) announced that, based on voluntary basis, it provides the latest business development to shareholders and potential investors. The board of directors happily announced that on November 4, 2024, the company and its strategic partner may establish a joint venture by signing a memorandum of understanding, focusing on strategic business cooperation in the automotive engine hydrogen injection clean system. According to the memorandum of understanding, the company and its strategic partner intend to establish a joint venture ("joint venture"), with each of them holding 51% and 49% equity in the joint venture. Through the establishment of the joint venture, the parties to the agreement plan to engage in autos.
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