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Express News | Guizhou Redstar Developing: received government subsidies of 4.9378 million yuan.
Redstar Developing to Join Land Auction
Guizhou Redstar Developing (600367.SH): plans to participate in the bidding for land use rights.
On November 29, Guizhou Redstar Developing (600367.SH) announced that the company plans to participate in the public auction for the ownership rights of a parcel of state-owned land published by the Natural Resources Bureau of Zhenning Buyi and Miao Autonomous County (Notice [2024] No. 11). The starting price for this auction is set at 42.55 million yuan (the specific auction amount will be based on the fill price, and whether the auction will be successful remains uncertain), and the required funds will be sourced from the company's own capital. The board of directors has authorized the company's management to handle the payment of the bidding deposit and other auction-related matters. This auction aims to further consolidate and enhance the company's position in the barium salt industry.
A-share movement | guizhou redstar developing hits the limit up, Qingdao Guotou will become the company's indirect controlling shareholder.
On November 21, Gelonghui reported that Guizhou Redstar Developing (600367.SH) surged to the daily limit with a price of 13.2 yuan, reaching a new six-month high, with a total market value of 4.5 billion yuan. According to news, with the approval of the Qingdao Municipal Government, the Qingdao State-owned Assets Supervision and Administration Commission will transfer 100.00% of its equity in the Redstar Group to Qingdao State Investment without compensation. After this transfer is completed, Qingdao State Investment will indirectly acquire 0.124 billion shares of the company through the Redstar Group, accounting for 36.42% of the company's total share capital, thereby becoming the indirect controlling shareholder of the company. Additionally, the net income for the previous three quarters was 57.4861 million yuan, a year-on-year increase of 209.87%. (Gelong)
Express News | Guizhou Redstar Developing: The state-owned equity of the controlling shareholder is transferred without compensation.
Red Star Development Announces Major Operating Data for the Third Quarter of 2024