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Zhuzhou CRRC Times Sets New 3-Year Supply Deal
Zhuzhou CRRC Times Electric Co. Reviews Transactions
BOCOM INTL: The mainland personal Retirement fund system is further optimized, looking forward to "long-term money for long-term investment."
BOCOM INTL released a research report indicating that the individual Retirement pension system in mainland China has been further optimized, with the implementation range expanded from pilot cities to nationwide and the product range broadened to include national bonds and Indices Funds. BOCOM INTL stated that the number of individual Retirement pension account holders in mainland China has surpassed 70 million, which is basically equivalent to the scale of the taxpayer population, thus necessitating the further expansion of coverage to the entire country. The inclusion of national bonds and Indices Funds as optional products will further enrich investment choices. Allocating individual Retirement pension funds to Indices Funds is expected to bring incremental long-term capital to the stock market. From international experience, pensions serve as long-term capital.
CRRC Corporation (01766): Beijing Sifang Automation and Sifang Institute plan to implement the CRRC Sifang Zhihui Port R&D Center project and the CRRC Sifang Zhihui Port Integrated Innovation R&D Center project respectively.
CRRC Corporation (01766) announced that Beijing Sifang Automation (a non-wholly owned subsidiary of the company) and Sifang (a wholly-owned subsidiary of the company)...
CRRC Expands R&D With Major Property Acquisitions
CRRC Corporation (01766.HK): Times Electric plans to repurchase listed in hong kong shares, with a maximum limit of 1.702 billion yuan.
Gelonghui, December 8, reports that crrc corporation (01766.HK) has announced that the board of directors has approved the proposal regarding times electric's repurchase of its shares listed in Hong Kong. It agrees that the company's subsidiary, Zhuzhou CRRC Times Electric Co., Ltd., will repurchase its H shares with its own funds, without triggering the obligation for a mandatory offer, with a maximum repurchase quantity of 54.2632 million H shares and a repurchase amount not exceeding 1.702 billion yuan (excluding transaction costs).
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