SHE:002203

3 stories mentioning SHE:002203Updated 10d ago

Every FINWIRES story that references SHE:002203, newest first.

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

Asia11d ago

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

Asia117d ago

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.

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