Research Reports on opportunities丨GTJA: Maintains Fujian Longking 'Shareholding' rating, Target Price 16.65 yuan.

Gelonghui January 3 | GTJA's Research Report indicates that Fujian Longking (600388.SH) has acquired 15.87% of Hunan Chuangyuan's shares, further improving the company's industrial layout in the New energy Fund mining equipment business. The Target Price is maintained at 16.65 yuan, with a "Shareholding" rating. After the completion of this Trade, Fujian Longking Lianhui will directly hold 15.87% of Hunan Chuangyuan's shares. The company's controlling shareholder, Zijin Mining Group, currently holds 7.69% of Hunan Chuangyuan's shares through Zijidi Investment. Hunan Chuangyuan realized a Net income of 23.66 million and 4.71 million yuan for the year 2023 and January-August 2024, respectively. Additionally, the company has new

Gelonghui FinanceJan 3 15:02 · Ratings

Fujian Longking (600388): Acquired Hunan Chuangyuan for black light mines and heavy trucks.

Acquiring 15.87% equity in Hunan Chuangyuan further improves the company's industrial layout in the New energy Fund mining equipment Business. 1) The company's wholly-owned subsidiary Longjing Lianhui intends to use its own funds of 63.4899 million yuan to acquire a total of 15.87% equity held by Jiaxing Qifu, Fuzhou Qifu, Xiangjiang Qifu, and individuals Wang Yi and Fang Xiaoxuan. After the completion of this Trade, Longjing Lianhui will directly hold 15.87% equity in Hunan Chuangyuan.

GTJAJan 3 11:02 · Researches

Express News | Fujian Longking: The wholly-owned subsidiary Longking Lianhui intends to acquire 15.87% equity in Hunan Chuangyuan.

BreakingsJan 2 19:08

Fujian Longking (600388.SH): The seventh phase of the employee stock ownership plan has completely sold all stocks.

On December 30, Gelonghui announced that Fujian Longking (600388.SH) has disclosed that the duration of the seventh employee stock ownership plan has expired. As of the date of this announcement, all stocks from the seventh employee stock ownership plan have been sold. According to the company's "Employee Stock Ownership Plan Management Rules," the seventh employee stock ownership plan will be terminated after the liquidation is completed.

Gelonghui FinanceDec 30, 2024 15:51

Research reports dig for gold │ China Merchants: Maintain "strongly recommend" rating for Fujian Longking and establish a dual-driven global strategy of eco-friendly concept + new energy fund.

China Merchants' research report points out that Fujian Longking (600388.SH) has released its 2024 incentive plan and employee stock ownership plan, while also disclosing its dividend plan for the next three years, consolidating its core team and demonstrating development confidence. After the acquisition by Zijin Mining Group, the company has implemented a dual-driven global strategy of eco-friendly concept and new energy fund, with stable operation in the eco-friendly business. Since the beginning of this year, the company has gradually put its power station projects into operation, and the new business is beginning to contribute as it enters a new stage of development. The rating is maintained as 'strongly recommended.'

Gelonghui FinanceDec 10, 2024 15:17 · Ratings

Fujian Longking (600388): The incentive and dividend plan demonstrates confidence as new business gradually enters the harvest phase.

The company has announced the incentive plan and employee stock ownership plan for 2024, while also disclosing the dividend plan for the next three years, uniting the core team and demonstrating confidence in development. After the zijin mining group took control, the company formulated a global strategy of dual driving forces of eco-friendly concept + new energy fund, focusing on the eco-friendly business.

china merchantsDec 9, 2024 18:32