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A-share Superconductivity Concept stocks surged, Jiangsu Fasten hit the limit-up.
On March 21, Gelonghui reported that afternoon trading saw a rise in A-share Superconductivity Concept stocks, with Jiangsu Fasten hitting the trading limit, while Qingdao Hanhe Cable, Guolan Testing, and Jiangsu Etern rose by over 6%.
Jiangsu Fasten to Transfer Back 12 Million Yuan Overdue Debt to Former Subsidiary; Shares Down 3%
Jiangsu Fasten (000890.SZ): plans to transfer related debts to the cable company.
Gelonghui March 12 - Jiangsu Fasten (000890.SZ) announced that recently, Jiangsu Fasten Co., Ltd. intends to transfer its due accounts receivable principal of 12.1069 million yuan from Guangdong Provincial Highway Construction Co., Ltd. Humen Second Bridge Branch to Jiangsu Fasten Cable Co., Ltd. (referred to as "Cable"). This accounts receivable was generated by the operation of its original holding subsidiary Cable, which transferred to Jiangsu Fasten Road & Bridge Technology Co., Ltd. in 2017, but the receivable was not stripped away at that time. In order to revitalize asset rights and improve liquidity, the company is now negotiating with Cable regarding this transfer.
Phare wins: 2024 performance forecast
Express News | Jiangsu Fasten: Expected net income loss of 0.12 billion yuan – 80 million yuan for the year 2024.
Falwin: Report for the third quarter of 2024