Guanghui Logistics (SHA:600603) said China CITIC Financial Asset Management (HKG:2799) will inject 900 million yuan into its controlled subsidiary, Xinjiang Hongnaosan Railway.
China CITIC Financial Asset Management will subscribe for 810 million yuan in new registered capital, with the remainder recorded as capital reserve.
The move will reduce Guanghui Logistics' stake to 74% from 87%.
Phoenix Media Investment's (HKG:2008) Deputy CEO and Editor-in-Chief Sun Yusheng retired effective Friday, according to a same-day Hong Kong bourse filing.The media company, on the same day, named Li Ting as its new deputy CEO and editor-in-chief the same day.Li previously served in China Central Television and the China Media Group for over 40 years. He was the deputy editor-in-chief and director of the news center of the China Media Group since 2019.
Mercuries & Associates (TPE:2905) posted a profit attributable to owners of the parent of NT$32.9 million, or NT$0.03 per basic share, for the first quarter.Revenues accumulated stood at NT$29.6 billion, according to a Friday Taiwan Exchange filing.The investment holding company did not disclose comparative year-ago figures in the filing.
Gigabyte Technology (TPE:2376) posted profit attributable to owners of the parent of NT$5.27 billion, or NT$7.86 per basic share, for the first quarter.Operating revenue accumulated stood at NT$105.1 billion, according to a Friday Taiwan Exchange filing.The company did not disclose comparative year-ago figures in the filing.