SHE:002895

2 stories mentioning SHE:002895Updated just now

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Chanhen Chemical's Registered Capital to Decline After Share Buyback

Guizhou Chanhen Chemical (SHE:002895) expects its registered capital to be reduced by 38,000 yuan after repurchasing and cancelling shares held by former employees, according to a Shenzhen bourse filing on Tuesday.The company will buy back 38,000 restricted shares that were owned by six employees who resigned from the company before the restricted shares became eligible for unlocking.The phosphate product manufacturer's shares dropped 6% at the close.

SHE:002895

Asia20d ago

Guizhou Chanhen Chemical Subsidiary to Slash Capital After Partner Withdraws

Guizhou Chanhen Chemical (SHE:002895) controlled subsidiary Hengxuan New Energy will reduce registered capital by 160 million yuan after minority shareholder Guoxuan Holding ceased its unpaid capital contribution obligation.The reduction will lower Hengxuan New Energy's registered capital to 640 million yuan from 800 million yuan.Guizhou Chanhen Chemical's contribution remains unchanged at 480 million yuan, but its stake rose to 75% from 60%, while Guoxuan Holding's stake declined to 25% from 40%.

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