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Express News | Guangdong Zhongnan Iron & Steel: plans to list and transfer a 24.5% equity stake in the joint venture Baohydrogen Technology and waive the right of first refusal.
Guangdong Zhongnan Iron & Steel (000717.SZ): Received government subsidies of 33.85 million yuan.
On December 19, Gelonghui announced that Guangdong Zhongnan Iron & Steel (000717.SZ) has recently received special subsidy funds of 33.85 million yuan from the Shaoguan Municipal Development and Reform Bureau for three projects: "Transformation of supporting processes for wide plate production, insulation transformation of continuous casting steel billet transportation, and one-click steelmaking technology transformation." This subsidy is part of a super long-term special national bond to promote a large-scale equipment renewal project, and the funds have been received.
Guangdong Zhongnan Iron & Steel (000717.SZ): 0.136 billion shares held by the controlling Shareholder have been judicially frozen.
Gelonghui reported on December 18 that Guangdong Zhongnan Iron & Steel (000717.SZ) announced that on December 18, 2024, through querying the business system of the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, it was learned that the company's controlling shareholder, Baowu Group Zhongnan Iron & Steel Co., Ltd. (referred to as "Zhongnan Steel") Hold 136,075,950 shares of the company which have been judicially frozen.
Express News | State Owned Enterprises surged significantly, leading the gains in the Beginning with Middle Letter sector.
Guangdong Zhongnan Iron & Steel (000717.SZ): The company has not yet collaborated with Huawei.
According to a statement on the investor interaction platform on December 11, Guangdong Zhongnan Iron & Steel (000717.SZ) indicated that the company has not yet engaged in cooperation with Huawei.
Guangdong Zhongnan Iron & Steel (000717.SZ): plans to transfer the relevant assets of the water slag tubular belt conveyor to Shaogang Jiayang for 58.4972 million yuan.
On November 21, 2023, guangdong zhongnan iron & steel (000717.SZ) announced that in order to activate existing assets, it plans to transfer related assets of water slag tubular belt conveyors to guangdong shaogang jiayang new materials co., ltd. (hereinafter referred to as "shaogang jiayang") for 58.4972 million yuan through a sales agreement. After both parties fulfill their approval procedures, they will jointly sign the "Asset Transfer Agreement."