The latest news on the reorganization of Guofeng New Materials
Guofeng New Materials was planning to issue shares and pay cash to purchase the controlling stake of Taihu Jinzhang Technology Co., Ltd., and the trading would be suspended from December 2,2024. It is expected to disclose the trading plan within 10 trading days (i.e. before December 16, 2024). If it is not disclosed on time, the company's shares will resume trading on December 16,2024 and the relevant matters will be terminated. At present, an agreement of intent has been signed with the counterparty, and the intention to purchase assets has been reached, and this matter does not constitute a major asset reorganization. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
The latest progress in the reorganization of Guofeng New Materials
Guofeng New Materials was planning to issue shares and pay cash to purchase assets. Trading was suspended from December 2,2024. It is expected that the trading plan will be disclosed within no more than 10 trading days, and the trading of the shares will resume on December 16,2024 at the latest. The target company of this transaction was Taihu Jinzhang Technology Co., Ltd., and the initial counterparty was all or part of the shareholders including the actual controllers of the target company, Shi Kewei, Sun Jian and Chen Xiaodong, but the scope of the counterparty had not been finalized. However, Guofeng New Materials had signed an intent agreement with Shi Kewei, Sun Jian, Chen Xiaodong, Lu Guanqun, Sichuan Dongcai Technology Group Co., Ltd., Anqing City Tongan Industry Investment Fund (limited partnership), Taihu Haiyuan Haihui Investment Fund (limited partnership), Taihu Jinzhang Enterprise Management consulting partnership (limited partnership), and initially reached an intention to purchase assets. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials Merger and Reorganization
Guofeng New Materials plans to issue shares and pay cash to purchase the assets of Taihu Jinzhang Technology Co., Ltd. for merger and reorganization. Trading will be suspended from the opening of the market on December 2,2024. It is expected that the trading plan will be disclosed within 10 trading days and the trading will resume at the latest on December 16,2024. Guofeng New Materials was established in 2009, focusing on the research and development, production and sales of new materials. It has a strong technical and market share in the field of environmental protection and high-performance materials. The strategic motives of this acquisition included resource integration to enhance core competitiveness, expansion of market share and brand influence, technological innovation to supplement technical shortcomings and improve research and development capabilities. However, there were certain risks and challenges in this acquisition. When the acquired Jinzhang Technology applied for listing on the Growth Enterprise Market, it was withdrawn after four rounds of inquiries by the SZPE due to doubts about its main customers. The suspicious aspects of the main customers included the large changes in sales to the largest customer, the short establishment period of some customers, the small scale, the increase in the proportion of new customer revenue year by year, and the large difference between sales and customer financial data. Especially the internal control problem of revenue recognition made the market doubt its true performance. In the current A-share market, the supervision of M & A and reorganization has increased, the supervision level has strict requirements for the visibility and information exposure of M & A transactions, and investors are concerned about the operational ability and compliance of the M & A target. These historical problems of Jinzhang Technology may affect the overall image and market confidence of Guofeng New Materials, and may also bring financial and market integration risks to Guofeng New Materials. If the customer data and internal control problems of Jinzhang Technology are not resolved, It might not be able to bring the expected benefits to Guofeng New Materials. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
The latest analysis of Guofeng New Materials 'stocks
According to the information obtained so far, Guofeng New Materials (000859) was in a state of suspension and was planning to issue shares and purchase assets by cash payment. It was expected to disclose the trading plan within 10 trading days and resume trading on December 16,2024 at the latest. Some investors said that they were going empty, reflecting their optimistic expectations after the re-sale. From the relevant data of the stock performance, it defeated 5% of the stocks. In the short-term, it was in a strong rising process, so it could be bought at a low price and not considered short. Ten major institutions have disclosed the 2024 - 06 - 30 reporting period's stock holding data, with a total position of 2.62. However, the trend of the stock was affected by a variety of factors, including the final outcome of the company's asset purchase transaction, the company's operating performance, and the market environment. Before the trading plan was disclosed and the transaction was completed, the trend of the stock after the re-opening was still uncertain. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials Delists
According to the relevant regulations, the conditions for the withdrawal of loss-making stocks were that the market value was less than 500 million yuan and the revenue was less than 300 million yuan. Guofeng New Materials still had a market value of nearly 3 billion yuan. Although the revenue estimates for the past two years were not ideal, there was still a gap from the withdrawal standard. Moreover, according to the requirements of the nine new regulations, the market value had to fall below 500 million yuan, and the stock price had to fall by three-quarters to 0.77 yuan before it could reach the standard of being delisted. However, if they still lost money by the end of the year, they might be the first to be ST. In addition, Guofeng New Materials plans to issue shares to purchase assets. The trading will be temporarily suspended since the opening of the market on December 2,2024. The trading will resume after the relevant announcements are disclosed. It focuses on four industries: high molecular functional membrane materials, new photoelectricity materials, green and environmental protection wood-plastic new materials, and lightweight materials for new energy vehicles. It is a national high-tech enterprise integrating research and development, procurement, production and sales. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Will Guofeng New Materials 2024 reorganize?
Guofeng New Materials was planning to issue shares and pay cash to purchase the controlling stake of Taihu Jinzhang Technology Co., Ltd. The company's shares were suspended from the opening of the market on December 2,2024. It was expected to disclose the trading plan within 10 trading days (i.e. before December 16,2024). If it is not disclosed on time, the company's shares will resume trading on December 16,2024 and the relevant matters will be terminated. Therefore, they were currently planning a reorganization. It was uncertain whether the reorganization would be successful. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
The latest news of the reorganization of central enterprises in 2024
According to the latest news report, the restructuring of the central enterprises 'power industry was in progress in 2024. The following is the latest news: 1. Gansu Energy recently announced a deal, marking another power company to undergo a major asset restructuring, and its annual net profit was expected to double. 2. According to the "High-quality Development Report of Central Enterprise (2023)" issued by the Research Center of the State Council's State Administration of Finance and Administration, a number of major strategic restructuring and professional integration projects have been successfully implemented since the three-year reform of state-owned enterprises, including the strategic restructuring of four groups of seven central enterprises including China Electric Power Department and China Putian. 3. At the beginning of 2024, three large central enterprises had carried out market asset integration and restructuring. Zhang Yuzhuo, director of the state-owned assets supervision and administration commission of the State Council, said at the meeting of heads of central enterprises held at the end of 2023 that 2024 was a crucial year for the reform of state-owned enterprises and would continue to strengthen restructuring and integration. 4. The restructuring of Xidian, Xu Ji and Pinggao was approved, and the 100 billion power central enterprises were about to be listed. On the evening of September 14th, Xidian, Xu Ji Electric and Pinggao Electric successively announced that they had received the notice from the controlling shareholder. After the state-owned assets supervision and administration commission of the State Council studied and reported to the State Council for approval, they agreed to the reorganization of some of the subsidiary enterprises of China Xidian Group and State Power grid Co., Ltd. These news indicated that the restructuring of the central enterprises in 2024 was underway, including major asset restructuring, market asset integration, and strategic restructuring projects. These restructurings are expected to promote the high-quality development of the power industry and bring better economic benefits to related companies. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!
The latest news on the reorganization of Dongwang Era
The latest news from Dongwang Times was that the company had received an approval from Dongyang City's state-owned assets office, agreeing to acquire all the shares of Chongqing Huixian Youce Technology Co., Ltd. The company was required to follow the requirements of the Shanghai stock exchange and other institutions to regulate the trading procedures and handle the transfer and change procedures in a timely manner. The specific plan and progress of the major asset reorganization had not been provided yet.
The latest news on the reorganization of Zijiang Enterprise
As of November 9,2024, Zijiang Enterprise had news about the reorganization of Angji Aerospace, but no follow-up news was found. The novel " Flood Dragon " is equally exciting. Everyone is welcome to click and read it!
Announcement of suspension of Guofeng New Materials
On December 2, Anhui Guofeng New Materials Co., Ltd. issued an announcement saying that the company was planning to issue shares and pay cash to purchase the relevant assets of Taihu Jinzhang Technology Co., Ltd.'s holding. According to the relevant provisions of the "Rules for the listing of shares" and "Guidance for Self-discipline Supervision of listed companies No.6-Stopping and Resumption of Trading" of the SZEQ, the company's shares will be temporarily suspended from the opening of the market on December 2,2024. It is expected to resume trading after the relevant information is disclosed within 10 trading days. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Is Guofeng New Materials a leading stock?
Guofeng New Materials was the leading nano-concept company, and also the leader of the resin industry. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!