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CIMC ENRIC (03899.HK) received a shareholding increase of 0.324 million ordinary shares from Yu Qun, valued at approximately 1.9667 million Hong Kong dollars.
On May 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 9, Yu Qun increased his shareholding by 324,000 shares of CIMC ENRIC (03899.HK) at an average price of HKD 6.07 per share on May 6, worth approximately HKD 1.9667 million. After the increase, Yu Qun's latest shareholding amounts to 1.774 million shares, with the ownership ratio rising from 0.07% to 0.09%. Image source: Stock disclosure from the Stock Exchange. What is equity disclosure? According to Hong Kong Stock Exchange requirements, major shareholders (individuals and companies holding 5% or more) must disclose their shareholding in listed companies. The board of directors of the listed companies.
A 16% drop in oil prices does not change the ambition to expand production! Occidental Petroleum giants firmly oppose OPEC+'s plan to increase production.
Despite the 16% drop in international oil prices in April and the possibility of OPEC+ further increasing production, major Western oil producers are still committed to their production growth plans.
Saudi Arabia claims it has the ability to maintain long-term low oil prices, with international oil prices dropping by 3.79%.
Five sources familiar with the negotiation situation told Reuters that Saudi Arabian officials have recently informed allies and Industry experts that Saudi Arabia has the capacity to maintain long-term low oil prices.
CIMC Enric's Q1 Revenue Jumps 24%
CIMC ENRIC (03899.HK): The new Order volume for inland clean Energy Ships has increased by 200%, with an amount exceeding 0.4 billion yuan.
CIMC ENRIC (03899.HK) announced that its inland river clean energy ship LNG power pack Business and ship tank Business have shown significant growth. Since December of last year, the total new Orders signed by CIMC Blue Water Technology Development (Guangdong) and Jingmen Hongtu Special Aircraft Manufacturing have continued to rise by 200%, with an amount exceeding 0.4 billion yuan (same below), and the market share of the related Sector is over 50%. CIMC ENRIC mentioned that since the central government released the "Implementation Rules for the Scrapping and Renewal Subsidy for Old Operating Ships in Transportation" in August of last year, there has been a surge in demand for renewal ships, and the company has currently obtained a total of
CIMC ENRIC (03899.HK) reported a 24.4% year-on-year increase in revenue for the first quarter.
CIMC ENRIC (03899.HK) announced that at the end of March, revenue for the first quarter increased by 24.4% year-on-year to 5.765 billion yuan. Revenue from domestic and overseas markets accounted for 54.5% and 45.5% of the group's total revenue, respectively, compared to 51.5% and 48.5% in the same period of 2024. The overseas revenue shares of the clean energy division, chemical environment division, and liquid food division were 33.3%, 82.5%, and 82.7% respectively, with overseas revenue shares in the same period of 2024 being 31.6%, 79.9%, and 94.1%.