TIMES ELECTRIC (688187.SH): Plans to acquire 100% equity of CRRC Commercial Vehicle Power for 0.107 billion yuan.

Glory Exchange reported on December 13 that TIMES ELECTRIC (688187.SH) announced that in order to effectively promote the sustainable and healthy development of TIMES ELECTRIC's New Energy Vehicle electric drive industry, and to build the core advantages of the full Industry Chain of new energy passenger and commercial vehicle "components + parts + systems", TIMES ELECTRIC intends to use its own cash to acquire 100% equity held by the shareholders of Hunan CRRC Commercial Vehicle Power Technology Co., Ltd. (hereinafter referred to as "this Trade"). After the completion of this Trade, the target company will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements. Hunan CRRC Commercial Vehicle Power Technology Co., Ltd. mainly engages in the Business of mid-to-high-end electric autos for new energy commercial vehicles.

Gelonghui FinanceDec 13 18:41

Zhuzhou CRRC Times Electric Co. Reviews Transactions

TipRanksDec 13 18:37

Express News | TIMES ELECTRIC: Plans to acquire 100% of CRRC Commercial Vehicle Power's shares for 0.107 billion yuan.

BreakingsDec 13 18:37

TIMES ELECTRIC (03898.HK) spent 42.658 million Hong Kong dollars to repurchase 1.386 million shares on December 13.

On December 13, Gelonghui reported that TIMES ELECTRIC (03898.HK) announced that it spent HKD 42.658 million to repurchase 1.386 million shares.

Gelonghui FinanceDec 13 18:15

On December 12, a share repurchase took place | TENCENT, HSBC Holdings and others have repurchased shares, among which TENCENT spent 0.704 billion HKD.

According to a disclosure by HKEX on December 13, both TENCENT (00700.HK) and HSBC Holdings (00005.HK) repurchased shares. ① TENCENT (00700.HK) repurchased 1.69 million ordinary shares on December 12, involving an amount of 0.704 billion Hong Kong dollars, with the repurchase price ranging from 422.4 Hong Kong dollars to 409.8 Hong Kong dollars per share. Since the share buyback authorization resolution, the cumulative number of repurchased securities amounts to 0.212 billion shares, accounting for 2.256% of the total number of shares issued when the ordinary resolution was passed. ② HSBC Holdings (00005.HK)

Futu NewsDec 13 09:10

TIMES ELECTRIC (03898.HK) spent HKD 19.036 million to repurchase 0.6209 million shares on December 12.

On December 12, Gelonghui reported that TIMES ELECTRIC (03898.HK) announced a share repurchase on December 12, 2024, at a cost of 19.036 million Hong Kong dollars for 0.6209 million shares, with a repurchase price of 29.85-30.8 Hong Kong dollars per share.

Gelonghui FinanceDec 12 18:04