Zhejiang Double Arrow Rubber (002381.SZ): Tongxiang Guotou plans to transfer its 5.10% shares to Runtong Holdings without compensation.

On December 11, Gelonghui reported that Zhejiang Double Arrow Rubber (002381.SZ) announced that on December 11, 2024, it received a notice from Shareholder Tongxiang Guotou, informing that Tongxiang Guotou intends to transfer all of its 21,000,000 shares of unrestricted circulation A-shares (accounting for 5.10% of the company's current total share capital) to its wholly-owned subsidiary, Run Tong Holdings, free of charge, in order to further revitalize the company's existing resources, optimize state-owned capital allocation, and strengthen, optimize, and expand state-owned capital.

Gelonghui FinanceDec 11 21:00

Express News | Zhejiang Double Arrow Rubber: The state-owned equity of the company's shareholders is transferred free of charge.

BreakingsDec 11 20:53

zhejiang double arrow rubber (002381.SZ): Currently, the company's domestic market share is around 14%, while the overseas market share is relatively low.

Gelonghui November 7th | Zhejiang Double Arrow Rubber (002381.SZ) accepted a specific survey on November 7, 2024, regarding "What is the company's current market share approximately?" The company stated that the concentration of the conveyor belt industry is relatively low, and it is gradually concentrating towards leading enterprises. In terms of market share, the company's current domestic market share is approximately around 14%, while the foreign market share is relatively low. With the continuous expansion of the company's production capacity, it will further expand domestic and foreign markets in the future to increase market share.

Gelonghui FinanceNov 7 16:47

Zhejiang Double Arrow Rubber (002381.SZ): The newly added Tiantai production base has an annual production capacity of 60 million square meters.

Gelonghui November 7th 丨 Zhejiang Double Arrow Rubber (002381.SZ) accepted a specific object survey on November 7, 2024, regarding "What is the purpose of the company's current additional production capacity? What are the main products being produced?" The company stated that currently, the domestic conveyor belt market is highly competitive. The newly added Tiantai production base has an annual capacity of 60 million square meters, mainly aimed at expanding our competitive advantage and increasing the company's market share. The Tiantai base's additional capacity is for fabric core conveyor belts, which can effectively reduce the fixed costs per unit product through mass production when running at full capacity.

Gelonghui FinanceNov 7 16:47

Zhejiang Double Arrow Rubber (002381): Net income in Q3 decreased compared to the previous quarter, and the Tian Tai project is steadily progressing.

Event: On October 29, 2024, Zhejiang Double Arrow Rubber released its third-quarter report for 2024: In the first three quarters of 2024, the company achieved revenue of 1.934 billion yuan, a year-on-year increase of +4.32%; achieving a net income attributable to the parent of 1.

sealand securitiesNov 3 20:47

Double Arrow Co., Ltd.: Report for the third quarter of 2024

SZSIOct 30 00:00 · Announcements