GCH Technology's (SHA:688625) subsidiary, Guangdong Chenghe Electronic Materials, will invest up to 1.3 billion yuan to construct a high-frequency, high-speed electronic materials and high-end additives project.
The subsidiary will construct the facility in Dongguan, Guangdong, China, according to a Wednesday filing with the Shanghai bourse.
The complex will have a total land area of 140,980 square meters and will be constructed within 18 months.
Meitec (TYO:9744) will receive dividends totalling 14.6 billion yen from four consolidated subsidiaries, effective June 4, according to a Tokyo bourse filing on Wednesday.The dividends were resolved on June 3, with Meitec Corp. contributing the largest share at 11.4 billion yen.As a result, the company will record the full dividend amount as operating income in its non-consolidated financial results for the current fiscal year.However, since these are intra-group dividends, there will be no impact on the consolidated financial results.
The Shanghai Stock Exchange approved Hubei Zhenhua Chemical's (SHA:603067) corporate bond issuance, according to a Wednesday bourse filing.China's securities regulator will ultimately approve the issuance.Zhenhua is set to use the proceeds, set at 878 million yuan, to co-produce 5,000 tons per year of vitamin K3 and 74,000 tons per year of chromium green, as well as 500,000 tons per year of sulfuric acid and to 50,000 tons per year of chromium powder, according to a Jan. 5, 2026 filing.
Chinese airlines, including Air China (SHA:601111, HKG:0753), said fuel surcharges on mainland routes will be reduced for tickets sold from June 5, state-owned media reported Tuesday.The surcharge will decline by 10 yuan to 80 yuan per segment for routes of 800 kilometers or less, and by 20 yuan to 150 yuan for longer routes, according to the report.Infants will remain exempt, while children, disabled servicemen and disabled police officers will receive a 50% discount, Xinhua wrote.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)