3 stories mentioning SHA:603713Updated 12m ago
Every FINWIRES story that references SHA:603713, newest first.
Milkyway Chemical Supply Chain Service (SHA:603713) unit Tianjin Investment agreed to invest 50 million yuan for a 7.11% stake as a limited partner in Hangzhou Junlian Jiatu Equity Investment Fund.The fund, targeting total contributions of 703.5 million yuan, will invest in innovative unlisted enterprises, according to a Wednesday filing with the Shanghai bourse.
Milkyway Chemical Supply Chain Service (SHA:603713), through unit Shanghai Chemical Products Automobile Transportation, proposed to invest 7 million yuan to establish a joint venture, according to a Friday disclosure on the Shanghai bourse.The Chinese chemical supply chain company partnered with a director, Hua Yi, to set up Shanghai Huayun Yihui Supply Chain Management.Huayun Yihui, which will have a registered capital of 10 million yuan, will offer international and domestic freight forwarding services.The company will own 70% of the venture, while Hua will hold 30%.
Milkyway Chemical Supply Chain Service (SHA:603713) plans to redeem a convertible bond early after triggering a redemption clause, according to a Shanghai bourse filing on Thursday.The Chinese chemical supply chain service company met the condition to redeem the Miwei Convertible Bond early after its closing price exceeded 130% of the current conversion price of 54.72 yuan per share.The redemption price is 101.36 yuan per bond.The conversion bond's last trading day will be on Aug. 6 and will be redeemed on Aug. 12.The company's shares dropped 3% at the close.
