Epiworld International (HKG:2726) named Zhao Jianhui as its new chairman, according to a May 29 Hong Kong bourse filing.
Shares of the Chinese semiconductor materials company were down nearly 2% in Monday afternoon trading.
The appointment will become effective on the date of approval of Zhao's appointment as an executive director at the firm's annual general meeting.
An illegal mine in China collapsed and killed five people about a week after the Shanxi mining disaster, state media Xinhua reported Sunday.The latest mining accident in Huize County, Yunnan Province also left one injured, who is already in a stable condition, the report said.An investigation into the incident is underway, according to the report.The incident followed the gas explosion of the Liushenyu coal mine in Shanxi, which killed 82 people. Authorities launched a probe into this incident, which is considered as China's deadliest accident since 2009.
SYNergy ScienTech (TPE:6558) signed a letter of intent with C-LiFe Technologies to establish a long-term battery cell contract manufacturing partnership under a toll manufacturing model, according to a Monday Taiwan Exchange filing.Under the deal, SYNergy will fund equipment and materials, while C-LiFe Technologies will provide production facilities, utilities and IT systems, and handle manufacturing operations.The cooperation aims to build production bases outside China, expand new product development and markets, and secure a stable supply chain, the filing said.
Tsaker New Energy Tech (HKG:1986) said its subsidiary Hebei Tsaker New Materials Technology completed its public offering and strategic placement ahead of its listing on the Beijing Stock Exchange, according to a Friday filing with the Hong Kong bourse.Tsaker Technology issued nearly 8 million new shares at 30.28 yuan apiece, raising net proceeds of about 210.3 million yuan.The offering included 7.2 million shares issued to 71,774 subscribers and 797,480 shares placed to two participants under the strategic placement plan.Following the offering, Tsaker New Energy held an indirect 60.41% stake in Tsaker Technology, which will remain a subsidiary and continue to be consolidated into the group's financial statements.