01719 CIL GROUP
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CIL GROUP News
China Infrastructure & Logistics' Profit Declines 26% in 2023
China Infrastructure & Logistics Group (HKG:1719) recorded a 26% decline in attributable profit for 2023 to HK$15.4 million from HK$20.8 million in 2022, according to the company's annual report. The
中國通商集團：2023年年報
China Commerce Group (01719) announced annual results. Profit attributable to shareholders of HK$15.36 million decreased by 26.1% year-on-year
China Commerce Group (01719) announced its annual results for the year ended December 31, 2023, with a group revenue of 3.6...
CIL GROUP: ANNOUNCEMENT OF AUDITED ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
China Commerce Group (01719.HK) will hold a board meeting on March 27 to approve annual results
Gelonghui, March 14, 丨 China Commerce Group (01719.HK) announced that the company will hold a board meeting on March 27, 2024 to approve the announcement of the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider payment of a final dividend (if any).
Having trouble before the Spring Festival? Logistics giant warns: Red Sea crisis may cause shortage of containers in Asia
① Tobias Meyer, CEO of German logistics giant DHL, warned on Wednesday that continued interference with global trade caused by the Houthi attacks in the Red Sea may cause a shortage of containers in Asia in the next few weeks; ② In the past, when there was a shortage of empty containers, Asian ports were often the “hardest hit areas.”
Changes in Hong Kong stocks | Shipping stocks generally rose, Haifeng International rose more than 4%, European freight index futures continued to rise rapidly
Gelonghui, December 21 | Mainland European Consolidation Index futures continued to rise rapidly, driving the overall strengthening of Hong Kong container-based shipping stocks. Among them, Haifeng International and China Trade Group rose more than 4%, COSCO Marine Control rose more than 2%, and COSCO Shipping Ports, Sinotrans, and Oriental Overseas International rose more than 1%. The main contract for the Consolidation Index (European Line) futures hit a rise and stop, rising 10% to 1236.8 points, with a cumulative increase of nearly 40% for four consecutive trading days. However, the Baltic Sea Dry Bulk Index (BDI) fell for six days in a row, closing 2150 last day, then fell 3.1%, and fell 15.7% on the 6th.
China's Shipbuilding Sector Output Rises 12% in January-November
Output from China's shipbuilding industry increased 12.3% year over year to 38.1 million deadweight tons in the January-November period, according to data from the country's industry and information technology ministry released Dec. 14.
Announcement Selection: Huazhu Group's Q3 revenue increased by more than 50% year on year; China's Jinmao plans to spend nearly 1.9 billion yuan to acquire shares in real estate projects
Colon Botai Bio-B: The main product, A400 (EP0031), was granted orphan drug qualification by the US Food and Drug Administration; Anta Sports: Proposed purchase of shares under a share incentive plan, with a total investment of no more than HK$1.2 billion.
China Infrastructure & Logistics to Exit Loss-Making Container Terminal Unit
China Infrastructure & Logistics Group (HKG:1719) is offloading its 60% stake in loss-making unit Zhongxiang City Zhongji Port Development by selling the equity interests to controlling shareholder Hu
China Trade Group (01719.HK): Wuhan Zhongji plans to sell 60% of Zhongji's shares in Zhongxiang City for 69.5769 million yuan
On November 24, China Trade Group (01719.HK) issued an announcement. On November 24, 2023, Wuhan Zhongji (as seller), Hubei Port Han River (as buyer), and Zhongxiang Zhongji (as target company) signed a share transfer agreement. According to this, Wuhan Zhongji conditionally agreed to the sale, while Hubei Port Han Jiang conditionally agreed to buy sales shares (equivalent to 60% of Zhongji's shares in Zhongxiang City). The cost was RMB 69.5769 million in cash. After the equity transfer agreement is completed, Zhongji, Zhongji of Zhongxiang City, will hold 60% and 40% of the interest in Hubei Port Han River and Zhongxiang Transportation Investment respectively
Perfect Group International Appoints Former China Infrastructure & Logistics Exec as New CFO
Tam Chun Wa stepped down as chief financial officer of Perfect Group International Holdings (HKG:3326) effective today, Nov. 8, according to a Wednesday filing. The jewelry manufacturer named Tang Kam
CIL GROUP: INTERIM REPORT 2023
China Infrastructure & Logistics Group's H1 Profit Plunges 95%
China Infrastructure & Logistics Group (HKG:1719) reported a 95.1% decline in attributable profit for the six months ended June 30 to HK$1.2 million from HK$23.6 million during the year-ago period. Ea
CIL GROUP: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
China Commerce Group (01719.HK) held a board meeting on August 23 to consider and approve interim results
GLONGHUI, August 11丨China Trading Group (01719.HK) announced that the company will hold a board meeting on August 23, 2023 (Wednesday) to (among others) consider and approve the unaudited interim results of the company and its subsidiaries for the six months ended June 30, 2023; consider the proposed payment of interim dividends (if any); and handle any other matters.
CIL GROUP: DATE OF BOARD MEETING
CIL GROUP: PROFIT WARNING
China Commerce Group (01719): Li Wei Appointed as Non-Executive Director
According to the Zhitong Finance App, China Commerce Group (01719) announced that after the annual general meeting of shareholders, Li Xiaoming had retired as executive director and resigned as chairman of the board of directors, chairman of the company's nomination committee, and authorized representative of the company under section 3.05 of the listing rules. In view of the above situation, at the board meeting held after the annual general meeting of shareholders, the company's board of directors decided to appoint Zhou Wei as the chairman of the board of directors, the chairman of the company's nomination committee, and the authorized representative of the company under section 3.05 of the listing rules. Meanwhile, Zhou Wei has resigned as a member of the company's remuneration committee. Furthermore, Li Wei has been appointed as a non-executive director and public official
China Commerce Group (01719.HK) intends to appoint Guofu Haohua (Hong Kong) as auditor
Gelonghui, May 19 丨 China Commerce Group (01719.HK) issued an announcement that Grant Tong (Hong Kong) Certified Public Accountants Limited (“Zhitong”) has been the company's auditor for more than 15 years. After recent discussions with the company, it was decided that Zhitong will retire as the company's auditor, effective after the end of the company's annual general meeting of shareholders, and will not be renewed. As recommended by the Company Audit Committee, the board of directors has decided to submit an ordinary resolution at the annual general meeting of shareholders to appoint Guofu Haohua (Hong Kong) Certified Public Accountants Limited as the company's new auditor. The proposed appointment is subject to approval by the company's shareholders at the annual general meeting
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