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Titan Energy Technology (02188.HK) sells all shares in Zhuhai Libo
Gelonghui, May 16, 丨 Titan Energy Technology (02188.HK) announced that on May 16, 2024, Titan Technology (as the seller) entered into an equity transfer agreement with the buyer and auction agent. According to this, Titan Technology conditionally agreed to sell, while the buyer Chen Wenjia conditionally agreed to purchase all of Zhuhai Libo's shares at a cost of RMB 30.1 million. After the sale is completed, the company will no longer hold any interest in Zhuhai Libo, and Zhuhai Libo will no longer be an indirect wholly-owned subsidiary of the company. As a result, the financial results of Zhuhai Libo will cease to be confirmed in the Group's accounts. Zhuhai Libo owns such properties
Titan Energy Technology (02188.HK) plans to sell all of Zhuhai Libo's shares in the form of an auction
Gelonghui, April 26, 丨 Titan Energy Technology (02188.HK) announced that the Group plans to sell all of Zhuhai Libo's shares in the form of an auction on May 7, 2024. The reserve price is RMB 28 million. Zhuhai Libo's main asset is holding such properties. These properties mean that the Group currently occupies two industrial buildings located at 60 Shihua West Road, Zhuhai, Guangdong Province, China. Since (i) the Group's Titan Group production and office base in Tangjiawan Town, Hi-Tech Zone, Zhuhai City has been completed; and (ii) the Group established a new production base in Caofeidian Industrial Zone in Tangshan City, Hebei Province in 2023, the board of directors believes that
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Titan Energy Technology (02188) announced the 2023 results, the loss attributable to owners of 43.97 million yuan increased by about 1.41 times year-on-year
Titan Energy Technology (02188) announced its 2023 results, with a turnover of about 374 million yuan, an increase of 8.5 million yuan over the previous year...
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