Hangzhou Oxygen Plant Group (002430.SZ) plans to increase capital by 30 million yuan to its wholly-owned subsidiary technology service company.

On June 11th, Gelunhui reported that Hangzhou Oxygen Plant Group (002430.SZ) announced plans to transfer the purchase and sale of electricity business of its wholly-owned subsidiary, Hangzhou Hangyang Energy Management Services Co., Ltd., to its wholly-owned subsidiary, Hangzhou Hangyang Technology Services Co., Ltd. (referred to as "Technology Service Company"). In order to enhance the market competitiveness of Technology Service Company, the company intends to increase its capital by 30 million yuan from its own funds to meet its daily operational needs. After the capital increase is completed, the registered capital of Technology Service Company will increase from 5 million yuan.

Gelonghui FinanceJun 11 04:39 ET

Hangzhou Oxygen Plant Group (002430.SZ): Established a gas company for supplying gas to Dalian Xizhongdao petrochemical industrial park and investment.

On June 11th, Gelunhui announced that in order to further expand its gas industry layout, Hangzhou Oxygen Plant Group (002430.SZ) plans to jointly establish a joint venture company, Dalian Xizhongdao Hang Oxygen Gas Co., Ltd. (hereinafter referred to as "Gas Company"), with Dalian Xizhongdao Development Group Co., Ltd. (hereinafter referred to as "Xizhongdao Development Group") as co-investors, with a registered capital of 135 million yuan, of which Xizhongdao Development Group invests 87.75 million yuan, accounting for 65%; the company invests 47.25 million yuan, accounting for 35%. The company has signed a joint venture agreement with Xizhongdao Development Group. After the establishment of the gas company, it will take it as the main body for development.

Gelonghui FinanceJun 11 04:36 ET

Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430) Looks Inexpensive But Perhaps Not Attractive Enough

With a price-to-earnings (or "P/E") ratio of 21.1x Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430) may be sending bullish signals at the moment, given that almost half of all companies in China hav

Simply Wall StJun 7 21:26 ET

A Look At The Intrinsic Value Of Hangzhou Oxygen Plant Group Co.,Ltd. (SZSE:002430)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Hangzhou Oxygen Plant GroupLtd fair value estimate is CN¥26.20 With CN¥26.79 share price, Hangzhou Oxygen Plant GroupLtd appears to be tradin

Simply Wall StMay 22 20:33 ET

Hangzhou Oxygen Co., Ltd. (002430.SZ): Currently has gas cylinder filling business in Jiujiang, Jiande, Hubei, Hangzhou and other regions

Gelonghui, May 21丨Hangzhou Oxygen Co., Ltd. (002430.SZ) was recently surveyed by a specific target on “development plans for bottled gas?” The company replied that in 2023, the company sold a total of 430,000 bottles of gas. Currently, the company has gas cylinder filling business in Jiujiang, Jiande, Hubei, Hangzhou and other regions, and hopes to do big bottled gas in the future.

Gelonghui FinanceMay 21 05:14 ET

Hangzhou Oxygen Co., Ltd. (002430.SZ): Currently, most of the company's downstream gas customers are private enterprises

Gelonghui, May 21丨Hangzhou Oxygen Co., Ltd. (002430.SZ) was recently surveyed by a specific target. “Are most of the company's current gas customers state-owned enterprises or private enterprises?” The company replied that currently, most of the company's downstream gas customers are private enterprises.

Gelonghui FinanceMay 21 05:13 ET