3 stories mentioning HKG:2517
Every FINWIRES story that references HKG:2517, newest first.
Guoquan Food (Shanghai) (HKG:2517) intends to buy back up to HK$200 million of Hong Kong-listed shares from the open market, according to a Wednesday Hong Kong bourse filing.The repurchased shares may be cancelled or held as treasury shares.
Guoquan Food (Shanghai) (HKG:2517) said Shanghai Guoxiaoquan Enterprise Management Center, one of its controlling shareholders, plans to sell some of its holdings, according to a Hong Kong bourse filing Thursday.The firm will sell 124.5 million shares, representing 4.74% of the business, at HK$3.80 apiece.Once complete, the transaction will reduce Guoxiaoquan EM's ownership to 7.88% from 12.61%, the firm said.According to Guoquan Food, the shareholder is selling some of its holdings to meet its own funding needs and does not plan to sell any further shares under a six-month voluntary lock-up.
Guoquan Food (Shanghai) (HKG:2517) recorded a revenue of between 2.2 billion yuan and 2.3 billion yuan in the first quarter of 2026, up 31% to 37% from a year prior, according to a Tuesday Hong Kong bourse filing.Core operating profit jumped 45% to 61% in the three months to roughly between 185 million yuan and 205 million yuan.The home meal product company saw a rise of 192 stores in the first quarter, bringing its total number of stores to 11,758 as of March 31.