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Chinese Shares Slide as Industrial Profit Growth Weakens; Huaxiang Electronic Down 4%
Chinese shares slid as sentiment weakened as investor sentiment weakened due to a slowdown in industrial enterprise profits in May. The Shanghai Composite Index, the main gauge of Chinese stocks, lost
Huaxiang Electronic to Buy IAC's China Business For 600 Million Yuan; Shares Drop 3%
Chinese automobile parts manufacturer Ningbo Huaxiang Electronic (SHE:002048) plans to acquire six Chinese subsidiaries of International Automotive Components Group for about 600 million yuan, accordi
Express News | Morning announcement
Ningbo Huaxiang (002048.SZ): 2023 equity distribution 10 installments 6.32 yuan Equity registration date June 6
Gelonghui, May 29丨Ningbo Huaxiang (002048.SZ) announced that the company's 2023 equity distribution plan is to distribute 6.320,000 yuan (tax included) to all shareholders for every 10 shares based on the company's current total share capital excluding 262,386.00 shares that have already been repurchased. The share registration date for this equity distribution is June 6, 2024, and the ex-dividend date is June 7, 2024.
Ningbo Huaxiang (002048.SZ): Proposed acquisition of 47.5% of Ningbo Silam's shares and overseas Shiram related shares
Gelonghui, May 10, 丨 Ningbo Huaxiang (002048.SZ) announced that in order to improve corporate governance, fulfill promises, reduce related transactions, enhance the profitability of listed companies, and lay the foundation for subsequent implementation of corporate strategic plans, Ningbo Huaxiang plans to acquire 47.5% of Ningbo Silam's shares, 99.5% of Japan's Silam shares, 100% of Korea's shares, and 10% of Silam Singapore's shares (hereinafter referred to as the “subject of the transaction”). India's Shiram is not within the scope of this transaction due to the previous failure of Singapore's Fengmei's delivery and has already given up. On May 10, 2024, the company's
Ningbo Huaxiang (002048): Stable interior business base, global layout accelerated adjustment
2023 &1Q24 results are lower than our expectations The company announced 2023 &1Q24 results: achieved revenue of 23.236 billion yuan in 2023, +17.85% year-on-year; net profit attributable to mother 10.28
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