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HKG:2613

5 stories mentioning HKG:2613Updated 22d ago

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Asia

Contiocean Environment Buys Jiangsu Assets for 78.5 Million Yuan

Contiocean Environment Tech Group (HKG:2613) has bought the assets of Shanghai Electric Yantong (Rugao) Construction Technology through a public tender for 78.5 million yuan, according to a Tuesday Hong Kong Exchange filing.The assets include a piece of land in Jiangsu province, a built property, and 20 overhead cranes, among other things, the company said.Contiocean said it expects the acquisition to help ramp up the production of its maritime environmental solutions.

HKG:2613
Asia

Contiocean Environment Completes Acquisition of OM Singapore

Contiocean Environment Tech Group (HKG:2613) completed the acquisition of OM Singapore on July 29, after paying the consideration to the seller, according to a same-day Hong Kong bourse filing.The acquisition follows the completion of the purchase of OM Shanghai on April 16 as part of the company's acquisition of the vessels-related assets.

HKG:2613
Asia

Contiocean Environment Tech Expects Up to 277% Jump in H1 Profit

Contiocean Environment Tech Group (HKG:2613) expects net profit for the first half of 2026 to range between 17 million yuan and 23 million yuan, up 179% to 277% from 6.1 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.The company attributed the expected increase mainly to revenue from new products, including shaft generator systems and plate heat exchangers, as well as deliveries of long-cycle orders that were delayed in 2025.

HKG:2613
Asia

ContiOcean Environment Says Hong Kong Approves H-Share Conversion Plan

ContiOcean Environment Tech (HKG:2613) has received formal listing approval from the Hong Kong bourse to convert and list 30 million domestic shares in the city, according to a Tuesday filing.The shares are held by five investors and represent 75% of the maritime engineering group's total issued share capital.

HKG:2613
Asia

ContiOcean Environment Tech Closes $29 Million Acquisition of Two Vessels

ContiOcean Environment Tech (HKG:2613) completed its $28.8 million acquisition of two vessels, according to a Friday Hong Kong bourse filing.The deal, first announced in December, covers OM Shanghai and OM Singapore and was funded through internal resources, initial public offering proceeds, and external financing.The vessels are intended to support the company's maritime research and development platform and mobile exhibition strategy, while also being chartered to third parties to generate income.

HKG:2613

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