Yunnan Jinggu Forestry Scraps Plans to Acquire Stake in Huiyin Wood Industry
Yunnan Jinggu Forestry (SHA:600265) decided to terminate plans to acquire 11% of Huiyin Wood Industry, according to a Friday disclosure on the Shanghai Stock Exchange. The Chinese forest chemical prod
ST Jinggu (600265.SH): Termination of the acquisition of minority shares in the holding subsidiary Huiyin Wood
Gelonghui, May 30丨ST Jinggu (600265.SH) announced that from October 2023, the company will begin planning to acquire no more than 11% of Huiyin Wood's shares held by minority shareholders of the holding subsidiary Huiyin Wood through cash payments. Although the current business situation of Huiyin Timber is good, considering that the parties to the transaction disagree on the core terms of the acquisition, such as the share ratio and profit commitment arrangements, and that the acquisition planning has continued for a long time, it was decided to terminate the acquisition after friendly negotiations between the parties involved in the transaction.
Express News | ST Jinggu: Plans to raise capital of no more than 300 million yuan from the controlling shareholder
ST Jinggu (600265.SH): Company Stock Application Withdrawal of Other Risk Warnings
Gelonghui, April 23 | ST Jinggu (600265.SH) announced that according to the relevant provisions of the “Shanghai Stock Exchange Stock Listing Rules” (revised in August 2023), other risk warnings involving Yunnan Jinggu Forestry Co., Ltd. have been eliminated, and no other risk warnings have been touched upon. Based on this, the board of directors of the company applied to the Shanghai Stock Exchange to withdraw the other risk warnings implemented on the company's shares.
ST Jinggu (600265.SH) announced first-quarter results with a net loss of 5.8968 million yuan
ST Jinggu (600265.SH) released its report for the first quarter of 2024. The company's revenue was 105 million yuan...
Yunnan Jinggu Forestry Names Chairman
Yunnan Jinggu Forestry (SHA:600265) appointed Chen Kai chairman, according to the company's filing on the Shanghai Stock Exchange. Chen, who served as the Chinese forestry chemical products producer's
Express News | ST Jinggu: Elects Chen Kai as Chairman of the Company
ST Jinggu (600265.SH): Chairman Xu Lin resigns
Gelonghui, March 22丨ST Jinggu (600265.SH) announced that it has received a written resignation report from Chairman Xu Lin. Since he has passed the legal retirement age, Mr. Xu Lin applied to resign as chairman of the 8th board of directors of the company in order to focus more on performing his duties as a director. After resigning from this position, Mr. Xu Lin continued to serve as a director of the 8th board of directors of the company. Mr. Chen Kai, the director and vice chairman of the company (resume attached), was elected as the chairman of the 8th board of directors. The term of office will be from the date of review and approval of the current board of directors until the end of the term of the 8th board of directors. After the above election of the chairman came into effect, Mr. Chen Kai will no longer assume responsibility
ST Jinggu (600265.SH): Expected net profit of 5.7 million yuan to 8.3 million yuan in 2023, turning a year-on-year loss into profit
Gelonghui, January 26 | ST Jinggu (600265.SH) announced that according to preliminary estimates by the company's finance department, the company is expected to achieve net profit attributable to shareholders of listed companies in 2023 of RMB 5.7 million to RMB 8.3 million. Compared with the same period last year, it will turn a loss into a profit. Net profit attributable to shareholders of listed companies in 2023 after deducting non-recurring profit and loss is estimated to be RMB 9.5 million to RMB 5.9 million. It is estimated that revenue will be 590 million yuan in 2023. It is expected to deduct business income unrelated to the main business and unowned businesses
Yunnan Jinggu Forestry Unit Halts Production Over Heavy Pollution Event
Yunnan Jinggu Forestry (SHA:600265) subsidiary Tangxian Huiyin Wood Industry has temporarily suspended production on Thursday in response to a heavy pollution weather emergency activated by authoritie
[BT Financial Report Instantaneous Analysis] ST Jinggu 2023 Third Quarter Report: The Business Logic Behind Asset Doubling Growth
ST Jinggu (stock code: 600265) is a company focusing on the forestry industry. Its business covers various aspects such as wood-based panel manufacturing, forest chemical product processing, and timber procurement. As an important branch of manufacturing, wood-based panel manufacturing, its products occupy an important position in the building decoration and wooden furniture manufacturing industries. As environmental awareness increases and green development progresses, ST Jinggu is also actively raising the level of cleaner production and promoting the upgrading of environmental protection facilities with a view to achieving sustainable high-quality development. In terms of assets and liabilities, ST Jinggu's total assets reached 1,029 billion yuan in the 2023 three-quarter report.
Jinggu Forestry to Invest 30 Million Yuan on New Subsidiary
Yunnan Jinggu Forestry (SHA:600265) plans to set up a new subsidiary with a 30 million yuan investment, according to a filing on Monday. The company, which produces turpentine, gum rosin, and other fo
ST Jinggu (600265.SH) plans to set up a subsidiary to manufacture and sell high-end formaldehyde-free healthy wood-based panel products
ST Jinggu (600265.SH) issued an announcement. According to the company's actual business situation and strategic development needs, in order to add...
ST Jinggu (600265.SH): The holding subsidiary Huiyin Wood Industry plans to establish a wholly-owned subsidiary
Gelonghui November 17丨ST Jinggu (600265.SH) announced that its holding subsidiary Huiyin Wood will establish a wholly-owned subsidiary with its own capital or self-raised capital of 30 million yuan to establish a wholly-owned subsidiary, mainly engaged in the manufacture and sale of high-end formaldehyde-free healthy wood-based panel products using various environmentally friendly, renewable and recyclable materials.
ST Jinggu (600265.SH): Planning to acquire minority shares in holding subsidiaries
Gelonghui November 8 | ST Jinggu (600265.SH) announced that in order to further promote the stability and sustainable development of the company's core business, the company is currently planning to acquire no more than 11% of Huiyin Wood's shares held by minority shareholders of the holding subsidiary Tangxian Huiyin Wood Co., Ltd. through cash acquisitions and major related transactions. After the transaction is completed, the company's shareholding ratio in Huiyin Wood will further increase. This transaction will not result in a change in the company's control. Huiyin Wood will remain the company's holding subsidiary, and the company's main business and scope of consolidated financial statements will not change, but Huiyin Wood
ST Jinggu (600265.SH): Net profit for the first half of the year was 2,932,600 yuan, turning a year-on-year loss into a profit
On August 14, | ST Jinggu (600265.SH) released its 2023 semi-annual report. The reporting period achieved operating income of 248 million yuan, an increase of 533.61% over the previous year; net profit attributable to shareholders of listed companies of 2,9316 million yuan, turning a loss into a profit; net profit attributable to shareholders of listed companies of 5093 million yuan after deducting non-recurring profit and loss of 5093 million yuan; basic earnings per share of 0.023 yuan.
ST Jinggu (600265.SH): Semi-annual net profit advance profit of 2.66 million yuan to 3.2 million yuan
On July 14, 丨ST Jinggu (600265.SH) announced the preliminary earnings announcement for the 2023 semi-annual results. According to preliminary estimates by the financial department, net profit attributable to shareholders of listed companies is estimated to be RMB 2.66 million to RMB 3.2 million in the first half of 2023, and RMB -8526,300 yuan for the same period last year. Compared with the same period last year, it will turn a loss into a profit. According to preliminary estimates by the finance department, net profit attributable to shareholders of listed companies is estimated to be 400,000 yuan to 590,000 yuan after deducting non-recurring profit and loss in the half year 2023. The company is on 2023/2
ST Jinggu (600265.SH): The company is currently not involved in hydrogen energy business
Gelonghui, June 13丨An investor asked ST Jinggu (600265.SH), “What are the company's strategic plans and market layout for hydrogen energy?” ST Jinggu replied that the company is currently not involved in the hydrogen energy business.
ST Jinggu (600265.SH): 51% of Huiyin Wood's shares have been transferred and registered under the company's name
Gelonghui, March 2, 丨 ST Jinggu (600265.SH) announced that on February 28, 2023, Huiyin Wood obtained a new business license issued by the Administrative Examination and Approval Bureau of Tang County, Baoding City, Hebei Province. 51% of Huiyin Wood's shares have been transferred and registered under the company's name, and the company directly holds 51% of Huiyin Wood's shares.
ST Scenic Valley (600265.SH): Projected loss of 16.28 million yuan to 22.28 million yuan in 2022
Gelonghui, January 30, 丨 ST Jinggu (600265.SH) announced that the company expects to lose net profit attributable to shareholders of listed companies in 2022, and that net profit attributable to shareholders of listed companies is estimated to be -16.28 million yuan to -22.28 million yuan. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss in 2022 is estimated to be -27.35 million yuan to -33.35 million yuan. The company is expected to achieve operating income of 117.76 million yuan in 2022, after deducting business income unrelated to the main business and none
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