Rongzhong Finance (03963) entered into a sales agreement and shareholder agreement with Higashi
Rongzhong Finance (03963) issued an announcement. On February 26, 2024, the company and Huiyuan Payment Technology Co., Ltd...
Rongzhong Finance (03963.HK): Huiying plans to acquire 49% of Hongtian Venture Capital's shares
On February 26, GLONGHUI | Rongzhong Finance (03963.HK) announced that on February 26, 2024, the company entered into a sales agreement. According to this, the company conditionally agreed to sell, and Higashi conditionally agreed to acquire 49 shares of Hongtian Venture Capital (accounting for 49% of the total issued share capital of Hongtian Venture Capital on the date of this announcement). The total cost of the sale was HK$6,000. Hongtian Venture Capital is an investment holding company and a direct wholly-owned subsidiary of the company. As of the date of this announcement, Hongtian Venture Capital has not carried out any business and does not own any assets other than the nominal share capital of $100. On the same day, the company,
Offeror Acquires Controlling Stake in China Rongzhong Financial
Goldbond Group Holdings is set to increase its stake in China Rongzhong Financial Holdings (HKG:3963) to 59.80% from 40.95% following the conclusion of a mandatory, unconditional cash offer of HK$0.38
Rongzhong Finance (03963): At the end of the offer, the group's shareholding ratio of the Offerors Act in concert was 59.80%
Rongzhong Finance (03963) and the offeror Jinbang Group Holdings Co., Ltd. jointly announced that the offer was made in February 2024...
China Rongzhong Financial Completes Takeover of Automobile Leasing Firm
China Rongzhong Financial Holdings (HKG:3963) has completed the acquisition of the remaining 49% stake in automobile leasing firm Ultimate Harvest Global, a Thursday filing said. The company has compl
Rongzhong Finance (03963): The Offerors Act in Unison Group held 57.91% of the shares and received a full purchase offer
Rongzhong Finance (03963) and the offender Jinbang Group Holdings Co., Ltd. jointly announced that under the acquisition agreement and subscription agreement...
Rongzhong Finance (03963) issued approximately 46.5526 million cost shares on January 18
Rongzhong Finance (03963) announced that on January 18, 2024, the company issued approximately 4...
China Rongzhong Financial Inks Potential Collaboration With Two Companies Through MOU
China Rongzhong Financial Holdings (HKG:3963) signed two non-legally binding memorandums of understanding with two companies for potential collaboration. Financial services platform operator Choco Up
RONGZHONG FIN: Interim Report 2023/2024
Rongzhong Financial signs memorandum of understanding with Choco UP and eCargo on possible cooperation
Rongzhong Financial (03963) announced that on December 15, 2023, the company entered into two non-legally binding memorandums of understanding with Choco Up Holdings Limited (a limited company incorporated in Hong Kong, “Partner A”) and eCargo Holdings Limited (Australian Stock Exchange code: ECG, a limited company incorporated in Hong Kong, “Partner B”), respectively. According to the Memorandum of Understanding, the company and its partners intend to potentially cooperate with each other to achieve mutual benefit.
Rongzhong Financial Sets Shareholder Meeting to Approve Takeover of Automobile Leasing Firm
Shareholders of China Rongzhong Financial Holdings (HKG:3963) will vote on Jan. 9, 2024 on the company's planned takeover of Ultimate Harvest Global by purchasing the 49% stake it does not yet own in
Rongzhong Financial granted 25 million share options
Rongzhong Finance (03963) announced that on December 5, 2023, the company granted 25 million share options to 15 eligible grantees in accordance with the share option plan to purchase a total of 25 million shares. The closing price of the shares on the date of grant was HK$0.39 per share.
Rongzhong Finance (03963) grants 25 million share options
Rongzhong Finance (03963) announced that on December 5, 2023, the company joined 15 in accordance with the share option plan...
China Rongzhong Financial Shrinks Loss in Fiscal H1
China Rongzhong Financial Holdings (HKG:3963) saw a decline in attributable loss for the six months ended Sept. 30 to HK$1.2 million from HK$23.3 million during the year-ago period. Basic loss stood a
Rongzhong Finance (03963) announced interim results, losses attributable to owners of HK$1,232,000, a year-on-year narrowing of 94.71%
Rongzhong Finance (03963) announced interim results for the six months ended September 30, 2023, with a profit of 4919...
融眾金融:截至二零二三年九月三十日止六個月未經審核的中期業績公告
Rongzhong Financial to Swing to Half-Year Profit
China Rongzhong Financial Holdings (HKG:3963) expects a profit of approximately HK$1.3 million for the six months ended Sept. 30, as compared to a loss of HK$22.3 million during the year-ago period. T
RONGZHONG FIN: CLARIFICATION ON PROFIT WARNING ANNOUNCEMENT
China Rongzhong Financial to Return to Profit in Fiscal H1
China Rongzhong Financial Holdings (HKG:3963) expects to book a profit of about HK$1.3 million for the fiscal first half, rebounding from a loss of approximately HK$22.3 million a year earlier. The fi
Rongzhong Finance (03963.HK) expects a net profit of approximately HK$1.29 million in the medium term
Gelonghui November 27丨Rongzhong Finance (03963.HK) announced that compared with losses of approximately HK$22.32 million for the period ending September 30, 2022, the same period last year, it is expected to record a profit of approximately HK$1.29 million for the six months ending September 30, 2023. The Board believes that the anticipated increase in profit is mainly due to the Group's impairment loss provisions and a reduction in anticipated credit losses of about HK$7.5 million, and a reduction in financial costs of about HK$14.2 million. However, the Board of Directors hereby emphasizes that the impairment loss provision and anticipated credit losses are not of a cash nature and have no impact on the Group's cash flow
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