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Express News | This year, the total amount of mergers and acquisitions involving Hong Kong listed companies has reached 38 billion US dollars, triggering a rare bidding war.
gapack (00468.HK): The State Administration for Market Regulation does not prohibit Shandong Xinjufeng from acquiring company shares.
Gapack (00468.HK) announced that it has received a notice from the Market Supervision Administration that, in accordance with Article 31 of China's Anti-Monopoly Law, after review, it has decided not to prohibit the acquisition of shares in Shandong Xin Jufeng by the company; and from today, the operation between the company and Shandong Xin Jufeng can be implemented in a centralized manner.
Xinjufeng's acquisition of Fineme has made progress, but shareholders such as new hope liuhe have decided to withdraw early.
Since the second half of last year, directors appointed by BRF and Suzhou Houqi for Xin Jufeng have already resigned one after another.
Express News | Xin Jiufeng: Shareholders plan to reduce their total shareholding by no more than 4%.
XinJufeng (301296) 2024 third quarter report commentary: Income back to growth range. Industry mergers and acquisitions are expected to create a domestic 'LeLek' brand.
Event. XINJUFENG released the third quarter report of 2024, achieving revenue/net income attributable to mother/net income deducted for 0.426/0.039/0.036 billion yuan, a year-on-year increase of 15.31%/19.91%/17%.
New Jufeng: Report for the third quarter of 2024