Wangsu Science TechPlans buyback of 300-600 million yuan for cancellation.
On the evening of July 30, multiple listed companies on the Shanghai and Shenzhen exchanges released announcements. Chifeng Gold disclosed an updated resource estimate for the SND project at the Sepon gold-copper mine in Laos, with gold equivalent metal content increasing from 107 tonnes to 260 tonnes, a rise of approximately 143 percent. Ronbay Technology plans to invest about 4.723 billion yuan to build an integrated project in Xiantao with an annual capacity of 300,000 tonnes of sodium-ion battery cathode materials, to be advanced in three phases. Tianwei Electronics intends to acquire a 60 percent controlling stake in Xiuwei Technology for 90 million yuan, extending into the high-end equipment sector of military information technology. Hairong Technology plans to acquire a 55 percent stake in Tanghe Food for 130 million yuan and has signed a long-term strategic cooperation agreement with Hema, stipulating an annual procurement amount of no less than 210 million yuan. In terms of performance, Nuode New Materials turned losses into profits in the first half of the year, with a net profit of 103 million yuan. Yasen Integrated achieved a 204.8 percent year-on-year increase in net profit and plans to distribute 16.5 yuan per 10 shares. Eastroc Beverage reported a 20.72 percent rise in net profit and plans to distribute 30 yuan per 10 shares. Additionally, several companies disclosed buyback and shareholding increase plans. The controlling shareholder of East Sunshine plans to increase shareholdings by 300 million to 600 million yuan and proposes a buyback of the same amount. Wangsu Science and Technology plans a buyback of 300 million to 600 million yuan for cancellation.
Wangsu Science TechPlans buyback of 300-600 million yuan for cancellation.
Chifeng Jilong Gold Mining Co LtdGold equivalent metal content at Sepon mine increased 143% to 260 tonnes.
Eastroc Beverage Group Co LtdNet profit rose 20.72% and plans to distribute 30 yuan per 10 shares.
Ningbo Ronbay New Energy Tech LtdPlans to invest 4.723 billion yuan in sodium-ion battery cathode materials project.
Sichuan Tianwei Electronic Co LtdAcquiring 60% stake in Xiuwei Technology for 90 million yuan, expanding into military IT.
Suzhou Hycan Holdings Co Ltd
Csg Smart Science&Technology Co Ltd
Shanghai Hi-Road Food Technology Co. Ltd.
Nuode Investment Co Ltd
Guangdong Hec Technology Holding Co Ltd Class A
L&K Engineering Suzhou Co Ltd
Jiangsu Libert Inc