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Hengrun Heavy Industries Plans Up to 90 Million Yuan Share Buyback
Express News | A Share Buyback Overview: Yesterday, 18 companies disclosed the progress of their buyback.
Jiangyin Hengrun Heavy Industries (603985.SH): Intends to acquire equity of a subsidiary and cancel a wholly-owned subsidiary.
On November 21, Gelunhui announced that the board of directors of jiangyin hengrun heavy industries (603985.SH) agreed to transfer 100% equity of Guangdong Lanrun New Materials Co., Ltd. (referred to as "Guangdong Lanrun") held by its wholly-owned subsidiary Beijing Lanrun Technology Development Co., Ltd. (referred to as "Beijing Lanrun") to the company for 25 million yuan, and agreed to liquidate and cancel Jiaxing Guohei Zhiming Equity Investment Partnership Enterprise (Limited Partnership) (referred to as "Guohei Zhiming") held by Beijing Lanrun with a capital contribution of 450 million yuan, of which 1 million yuan has been paid up), after the above procedures are completed, the wholly-owned subsidiary Beijing will be liquidated.
Express News | Jiangyin Hengrun Heavy Industries: Intends to repurchase shares of no more than 90 million yuan.
Hengrun Co., Ltd.: Report of Jiangyin Hengrun Heavy Industries Co., Ltd. for the third quarter of 2024
Jiangyin Hengrun Heavy Industry Co., Ltd. Report for the third quarter of 2024
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