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SHE:002203

6 stories mentioning SHE:002203Updated just now

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Asia

Zhejiang Hailiang Proposes Name Change to Hailiang Materials

Zhejiang Hailiang (SHE:002203) plans to change its company name to Zhejiang Hailiang Materials and its securities abbreviation to Hailiang Materials from Hailiang Shares.The rebranding is designed to better reflect the company's shift from a traditional copper tube processor into a comprehensive, advanced copper-based materials enterprise, covering HVAC and industrial copper products, lithium-ion and PCB copper foils, and AI application copper-based material products, according to a Thursday filing with the Shenzhen Stock Exchange.The change is subject to shareholder and regulatory approvals.Shares of Zhejiang Hailiang were down 3% in recent trade.

SHE:002203
Asia

Zhejiang Hailiang Resubmits Hong Kong Listing Application; Shares Slip 4%

Zhejiang Hailiang (SHE:002203) on Aug. 30 resubmitted its Hong Kong Stock Exchange Main Board listing application.The copper producer initially filed its application on Jan. 30, according to a Tuesday filing with the Shenzhen bourse.Shares of the company declined 4% in recent trade.

Hang SengSHE:002203
Asia

Zhe Jiang Hai Liang's Attributable Profit Slides 10% in H1

Zhe Jiang Hai Liang's (SHE:002203) attributable profit fell 10% to 640.6 million yuan in the first half from 711.4 million yuan in the year-ago period, according to a Friday filing with the Shenzhen Stock Exchange.Earnings per share at the copper products maker decreased to 0.29 yuan from 0.34 yuan in the prior-year period.Operating revenue grew 10% year over year to 48.9 billion yuan from 44.5 billion yuan.

SHE:002203
Asia

Zhejiang Hailiang to Raise Copper Foil Subsidiary Stake to 67.29%

Zhejiang Hailiang (SHE:002203) plans to acquire a 18.6916% stake in its controlling subsidiary Gansu Hailiang New Energy Materials for 971.6 million yuan, according to a Thursday filing with the Shenzhen bourse.The move will raise the company's stake to 67.29% from 48.60%, with the acquisition involving shares from controlling shareholder Hailiang Group and investment funds Shenzhen Capital New Materials Fund and Gongrong Jintou.Shares of the copper products manufacturer were down nearly 2% in recent trade.

SHE:002203
Asia

Zhejiang Hailiang's Controlling Shareholder Plans to Raise Company Stake by Up to 1 Billion Yuan; Shares Up 6%

Zhejiang Hailiang's (SHE:002203) controlling shareholder, Hailiang Group, plans to raise its shareholding in the company by between 600 million yuan and 1 billion yuan, according to a Shenzhen bourse filing on Wednesday.The stake increase will be implemented within six months through centralized bidding or block trades, or both.The Chinese copper product manufacturer's shares rose 6% during the afternoon trade.

SHE:002203
Asia

Hailiang to Build Saudi Arabian Copper Plant for $566 Million

Zhejiang Hailiang (SHE:002203) plans to partner with Rawas National Investment Holding to construct a high-end intelligent copper product manufacturing and processing plant in Saudi Arabia for $566 million, according to a Shenzhen bourse filing on Tuesday.The plant will manufacture 150,000 tons of copper products every year, including copper tubes, copper bars, copper foil and recycled refined copper products.The Chinese copper product manufacturer's shares rose over 2% at the close.

SHE:002203

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