Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. announced that it will receive CNY 1,742,010,000 in an equity round of funding on March 21, 2023. The transaction will include participation from existing investors, Shanghai Chlor-Alkali Chemical Co., Ltd. for CNY 1,045,206,000 and to retain its 60% stake in the company and Shanghai Huayi Group Corporation Limited for CNY 696,804,000 and to retain its 40% stake in the company. The transaction has been approved at the has been reviewed and approved at the 20th meeting of the 10th board of directors of the investor, Shanghai Chlor-Alkali Chemical Co., Ltd. and it requires approval of its shareholders.
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Other stock markets
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5-day change | 1st Jan Change | ||
6.79 CNY | 0.00% | -0.15% | +5.43% |
2023 | Shanghai Huayi Group Corporation Limited Reports Earnings Results for the Nine Months Ended September 30, 2023 | CI |
2023 | China Reform Culture Elects Chairman, Vice Chairman | MT |
Stocks mentioned in the article
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5d. change
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Capi.
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9.37 CNY | +0.75% | 0.00% | 1.18B | ||
6.79 CNY | 0.00% | -0.15% | 1.88B | ||
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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+5.43% | 1.88B | |
-.--% | 209M | |
-8.92% | 187M | |
-44.19% | 153M |
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- Guangxi Huayi Chlor-Alkali Chemical Co., Ltd. announced that it expects to receive CNY 1.74201 billion in funding from Shanghai Chlor-Alkali Chemical Co., Ltd., Shanghai Huayi Group Corporation Limited