China Env Res (01130.HK) has signed a memorandum of understanding for cooperation on a rare earth project with Goldwin Century.

China Env Res (01130.HK) announced today (21st) that it has signed a memorandum of understanding with Goldwin Century Limited regarding potential collaboration on Business development and other subsidiary business opportunities in China's rare earth projects. To assess the feasibility of the collaboration, the company will conduct due diligence on the intellectual property, patented products, production equipment, and related capacity of SiChuan Yuan Lai Shun Rare Earth New Materials, either on its own or through its agents, along with any other information requested by the company within 180 days after signing the memorandum of understanding.

AASTOCKSFeb 21 18:04

Announcement Highlights | Alibaba's revenue in the last quarter increased by 8% year-on-year; "Snow King" has started its IPO! The stock is priced at HKD 202.5 per share.

In the last quarter, Alibaba's Net income increased by over 300%; CHINA RES POWER's photovoltaic sales volume in January rose by 45%.

cls.cnFeb 21 08:22

In the "Profit Warning," China Env Res (01130.HK) expects that its interim consolidated losses will reduce by no less than 60% year-on-year.

China Env Res (01130.HK) expects that the group's consolidated loss for the six months ending December 31, 2024, will decrease by no less than 60% compared to the loss of approximately 45.3 million yuan for the same period in 2023. The reduction in loss is due to the combined effects of the following factors: a decrease in demand for products leading to a revenue reduction to approximately 29.8 million yuan, and a reduction in gross profit to approximately 6.4 million yuan; administrative and operating expenses reduced to approximately 18.2 million yuan; investment property fair value gains of approximately 1.3 million yuan; a decrease in losses from changes in the fair value of biological assets after deducting selling costs to approximately 2.8 million yuan; and reduced financing costs.

AASTOCKSFeb 20 17:00

China Env Res announced the cancellation of the offer to grant stock options.

China Env Res (01130) announced that the company will offer a total of 29.6046 million stock options to 15 qualified individuals according to the stock option plan adopted on November 11, 2015, to subscribe for a total of 29.6046 million shares at an initial exercise price of HKD 0.3. As of the date of this announcement, no stock options have been accepted by any grantee. On February 17, 2025, the Board of Directors resolved to cancel the offer, after which the related stock options will no longer be available for acceptance, and no related stock options will be granted to the grantee.

Sina Hong Kong StockFeb 18 08:52

China Environmental Resources (01130.HK) cuts 1,955 billion shares due to share consolidation on a “5 and 1” basis

China Environmental Resources (01130.HK) announced that on April 9, 2024, the company will cut 1,955 billion shares due to a share consolidation on a “5 and 1” basis.

Zhitong FinanceApr 9, 2024 16:38

Express News | China Environmental Resources: The share merger will take effect on April 9

BreakingsApr 5, 2024 17:02