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SHA:600895

3 stories mentioning SHA:600895Updated 1d ago

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Asia

Zhangjiang Hi-Tech Park Development to Sell 16.5% Stake in Joint Venture

Shanghai Zhangjiang Hi-Tech Park Development (SHA:600895) plans to divest its 16.5% shareholding in joint venture Shanghai Zhangjiang Science Gate Technology Development for 1.28 billion yuan, according to a Shanghai bourse filing on Wednesday.JV partner Shanghai Zhangjiang (Group) will acquire the stake through a non-public transfer agreement.The real estate developer's shares fell 2% during the morning trade.

SHA:600895
Asia

Zhangjiang Hi-Tech Park Development Unit Forms 200 Million Yuan Partnership; Shares Up 5%

Shanghai Zhangjiang Hi-Tech Park Development (SHA:600895) said its unit, Zhangjiang Haocheng Venture Capital, will jointly establish a 200-million-yuan joint venture, Shanghai Haoju Puchuang Enterprise Management Partnership, with Shanghai Pudong Leading Area Investment Center.Zhangjiang Haocheng Venture Capital will contribute 100 million yuan as a limited partner, while Zhangjiang Haoke Technology Development will contribute 1 million yuan as a general partner, according to a Tuesday filing with the Shanghai bourse.The 10-year partnership will focus on strategic emerging industries, including integrated circuits.Shares of the real estate developer rose nearly 5% in recent trade.

SHA:600895
Asia

Shanghai Zhangjiang Hi-Tech Park Development's Attributable Profit Slides 72% in Q1; Shares Fall 3%

Shanghai Zhangjiang Hi-Tech Park Development's (SHA:600895) attributable profit fell 72% to 83.5 million yuan in the first quarter from 294.5 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.Earnings per share at the real estate developer decreased 72% to 0.05 yuan from 0.18 yuan in the prior-year period.Operating income declined 31% year over year to 838 million yuan from 1.22 biliion yuan.Shares decreased 3% during the midday trade on Monday.

SHA:600895

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