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Hong Kong Stock Announcements Highlights | CALB's Q1 Profit Surges Over 60% Year-on-Year; China Resources Power Plans to Spin Off Assets via REIT
①CALB's first-quarter profit increased by over 60% year-on-year. What is the scale? ②China Resources Power plans to spin off assets to issue a REIT. What are the details?
Tailing Construction (06193) subsidiary plans to sell 5% stake in Zhejiang Erge Technology for RMB 17.1489 million.
Tailin Construction Materials (06193) announced that on April 30, 2026, the seller, Shanghai Yuanxin Tai Investment Management Co., Ltd. (an indirectly wholly-owned subsidiary of the company), the buyers (Mr. Li Xiantai and Ms. Li Xiujuan), and the target company (Zhejiang Erge Technology Co., Ltd.) entered into the agreement. Under the agreement, the seller agreed to sell, and the buyers agreed to purchase the target shares, representing 5% of the issued share capital of the target company, for a consideration of RMB 17.1489 million (equivalent to approximately HKD 18.8638 million).
Tailam Tech Calls 2026 AGM, Seeks Share Issuance Mandate and Confirms Board, Auditor
TAILAM TECHCON: ANNUAL REPORT 2025
Tailam Tech Construction Swings Back to Profit on Strong 2025 Revenue Growth
Tailing Construction (06193.HK): Net profit of 5.7 million yuan in 2025, turning losses into profits.
Gelonghui reported on March 27 that Tailing Construction (06193.HK) announced its annual results for the year 2025. During the reporting period, revenue increased by approximately 31.7% year-on-year to about RMB 244 million. The increase in revenue was primarily attributed to the gradual recovery of infrastructure-related activities in Nantong and surrounding areas, driving up demand for the group's PHC pipe piles and ready-mixed concrete products. The revenue growth was particularly supported by an increase in sales volume of ready-mixed concrete products during the year. During the reporting period, the group recorded a net profit of approximately RMB 5.7 million, compared to a net loss of approximately RMB 11 million in the fiscal year 2024. The turnaround from loss to profit was mainly due to developments in Nantong and surrounding areas.