CSSC Science& Technology Co., Ltd (SHSE:600072) entered into an agreement to acquire Five Companies in China for CNY 9.1 billion on September 30, 2022. CSIC Haizhuang Windpower Co., Ltd will acquire 100% stake in CSIC Haizhuang Windpower Co., Ltd., 88.58% stake in CSSC Group Wind Power Development Co., Ltd., 100% stake in CSIC Haiwei (Xinjiang) New Energy Co., Ltd., 44.64% stake in Luoyang Sunrui Wind Turbine Blade Co., Ltd., and 10% stake in CSIC (Wuhan) Lingjiu Electronic Co., Ltd. The CSSC Science will raise supporting funds of not more than CNY 3 billion. The transaction has been approved by board of CSSC Science& Technology Co., Ltd. As of November 15, 2022, the transaction has been approved by the State-owned Assets Supervision and Administration Commission.
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5-day change | 1st Jan Change | ||
15.75 CNY | +0.96% | -1.32% | -15.05% |
05-02 | CSSC Science & Technology's Q1 Loss Widens as Revenue Drops 75% | MT |
04-29 | CSSC Science& Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-15.05% | 3.29B | |
+1.19% | 71.36B | |
-1.78% | 56.93B | |
+22.52% | 38.71B | |
+21.83% | 33.77B | |
+12.11% | 29.48B | |
+20.42% | 21.93B | |
+11.86% | 19.04B | |
+39.66% | 17.99B | |
+75.63% | 17.78B |
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- CSSC Science& Technology Co., Ltd entered into an agreement to acquire Five Companies in China for CNY 9.1 billion.