Shanghai aerospace automobile electromechanical (600151.SH): intends to reduce the capital of Hong Kong Holdings by 52.5 million USD.

On December 10, Gelonghui reported that Shanghai Aerospace Automobile Electromechanical (600151.SH) announced the establishment of its wholly-owned subsidiary China Aerospace (Hong Kong) Co., Ltd. (referred to as "Hong Kong Holdings") on February 23, 2011, with an initial registered capital of 9.6 million US dollars, serving as an overseas holding shell company. As of September 30, 2024, Hong Kong Holdings had a registered capital of 401.931401 million US dollars and liquid funds of 58.3357 million US dollars (based on September 30, 2024, with 1 Euro = 1.117 US dollars and 1 US dollar = 7.007 Chinese yuan, same below). This aims to improve capital utilization efficiency.

Gelonghui FinanceDec 10, 2024 15:36

Express News | Shaanxi Aerospace Power Hi-Tech released the "Inquiry Results of Institutions for the Audit Service of Asset Injection and Capital Increase Projects for Subsidiaries Selection".

BreakingsDec 4, 2024 09:35

Express News | shanghai aerospace automobile electromechanical: Vice President He Ningpo resigns due to job change

BreakingsDec 2, 2024 15:34

Shanghai Aerospace Automobile Electromechanical (600151.SH): The holding subsidiary Eschone South Korea plans to liquidate and deregister its Changshu subsidiary.

Gelonghui Nov. 22nd | Shanghai Aerospace Automobile Electromechanical (600151.SH) announced that the company's controlling subsidiary Ease Korea established Ease Korea (Changshu) Autos System Co., Ltd. (referred to as "Ease Korea Changshu") in November 2017, engaging in heat exchange business within China. So far, Ease Korea Changshu has been maintaining a state of no actual business operation. The board of directors of the company agreed to liquidate and cancel Ease Korea Changshu, a controlling subsidiary of the company. Ease Korea Changshu is not directly engaged in operation and there are no accounts receivable to be cleared or employee placement issues. The company does not exist to serve Ease.

Gelonghui FinanceNov 22, 2024 16:24

Third Quarter Report 2024

SZSIOct 30, 2024 00:00 · Announcements

Express News | shanghai aerospace automobile electromechanical: net income loss of 40.13 million yuan in the first three quarters.

BreakingsOct 29, 2024 16:19