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SHA:605196

4 stories mentioning SHA:605196Updated 8d ago

Every FINWIRES story that references SHA:605196, newest first.

Treasury

Hebei Huatong Wires and Cables Guarantee 75-Billion-Yuan Bond for South Korean Unit

Hebei Huatong Wires and Cables (SHA:605196) plans to guarantee up to 75 billion won in overseas bonds for South Korean wholly-owned unit Pusan Cables.The seven-year bond private placement, underwritten by Woori Investment & Securities, will fund Pusan Cables' third plant construction, according to a Wednesday filing with the Shanghai bourse.Shares of the cable manufacturer closed 6% higher Wednesday.

SHA:605196
Asia

Hebei Huatong Wires and Cables to Inject Up to $45 Million into South Korean Unit; Shares Up 5%

Hebei Huatong Wires and Cables (SHA:605196) plans to invest up to $45 million into wholly owned South Korean subsidiary Pusan Cables & Engineering to expand capacity and boost global operations.The capital injection, via Huatong International, will maintain the unit's 100% ownership structure, according to a Wednesday filing with the Shanghai bourse.Shares of the cable manufacturer climbed 5% in recent trade.

SHA:605196
Asia

Hebei Huatong Wires and Cables Sues Canadian Customer for Alleged Non-Payment of Orders

Hebei Huatong Wires and Cables (SHA:605196) and subsidiary Hanil Electric Engineer sued Canada-based 2218221 Ontario for CA$50.9 million for the Canadian firm's alleged nonpayment of cable products, according to a Friday filing with the Shanghai bourse.The cable manufacturer delivered the items between 2022 and 2026 after the Canadian customer paid a deposit but failed to pay the balance of CA$45.9 million.

SHA:605196
Asia

China CAMC Engineering Signs 1.72-Billion-Yuan Angola Aluminum Contract; Shares Fall 8%

China CAMC Engineering (SHE:002051) subsidiary CAMCE Jiangsu signed a 1.72-billion-yuan contract with Huatong Angola for Phase Two of an aluminum electrolysis production line in Angola.The project expands capacity by 120,000 tons annually, with CAMCE Jiangsu providing design, equipment procurement, installation and commissioning over 24 months.Huatong Angola is a wholly-owned subsidiary of Hebei Huatong Wires and Cables (SHA:605196).Shares of China CAMC Engineering fell 8% in recent trade.

SHA:605196SHE:002051

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