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Huapont Nutrichem plans to spin off its subsidiary Nutrichem Jiahe and list on the "New Third Board" to enhance brand influence

Huapont Nutrichem plans to spin off its subsidiary Nutrichem Jiahe and list on the "New Third Board" to enhance brand influence

  • Categories:Company News
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  • Time of issue:2015-05-18
  • Views:0

(Summary description)On the evening of May 6, the market announcement showed that the company plans to increase its registered capital by 67.96 million yuan, restructure and set up a joint stock limited company, and plans to apply for listing on the New Third Board.

Huapont Nutrichem plans to spin off its subsidiary Nutrichem Jiahe and list on the "New Third Board" to enhance brand influence

(Summary description)On the evening of May 6, the market announcement showed that the company plans to increase its registered capital by 67.96 million yuan, restructure and set up a joint stock limited company, and plans to apply for listing on the New Third Board.

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2015-05-18
  • Views:0
Information

On the evening of May 6, the market announcement showed that the company plans to increase its registered capital by 67.96 million yuan, restructure and set up a joint stock limited company, and plans to apply for listing on the New Third Board.

As of March 31, 2015, the company's total assets were 6.97 billion yuan and net assets were 1.603 billion yuan. In 2014, the operating income was 3.226 billion yuan, and the net profit was 176 million yuan; in the first quarter of this year, the operating income was 913 million yuan, and the net profit was 73.18 million yuan.

The company's application for listing on the New Third Board can enhance the overall brand influence, improve the incentive mechanism, stabilize and attract outstanding talents, attract a wider range and larger number of investors, and enhance core competitiveness. At the same time, this will not have a substantial impact on the continuing operations of other business segments of the parent company Huapont Nutrichem, nor will it affect the parent company's independent listing status, nor will it affect the overall sustainable profitability of Huapont Nutrichem.

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