Shang Gong Group (600843.SH): Other competitors have joined the bidding for the trade of USA's bankrupt company, ICON.

Shang Gong Group (600843.SH) announced that the company's A-share stock trading consecutively for three trading days (June 2024, ...)...

Zhitong FinanceJun 13 06:01 ET

Shang Gong Group Co., Ltd.'s (SHSE:600843) Shares Climb 42% But Its Business Is Yet to Catch Up

Shang Gong Group Co., Ltd. (SHSE:600843) shares have continued their recent momentum with a 42% gain in the last month alone. The last 30 days bring the annual gain to a very sharp 49%. After suc

Simply Wall StJun 1 20:34 ET

Market Chatter: Shang Gong Group Plans Bid For Bankrupt Icon Aircraft

Shang Gong Group (SHA:600843, SHA:900924) plans to purchase bankrupt US-based light aircraft manufacturer ICON Aircraft, including its debt, for $13.5 million, Yicai Global reported Thursday. The sewi

MT NewswiresMay 23 05:22 ET

Shanggong Shenbei (600843.SH): Intended to participate in the bankruptcy and restructuring of American ICON to invest in the production and sale of carbon fiber lightweight two-seater sports aircraft

Gelonghui, May 21丨Shanggong Shenbei (600843.SH) announced that in order to seize the development opportunities of the country's low-altitude economy, the company plans to further extend its business from providing equipment such as stitching and cutting in the processing of carbon fiber composite structural parts to the production and manufacture of carbon fiber light sports aircraft, creating the company's second growth curve. The company plans to increase the capital of German DA with self-financing and participate in the bankruptcy and restructuring of American ICON and its related parties by purchasing effective assets through its new subsidiary SGIA in the US. ICON was founded in 2006 and is mainly engaged in design and production

Gelonghui FinanceMay 21 07:25 ET

Capital Allocation Trends At Shang Gong Group (SHSE:600843) Aren't Ideal

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'll want to see a proven return on capital employ

Simply Wall StMay 20 22:25 ET

Shanggong Shenbei (600843.SH): A total cost of 62.84 million yuan to buy back 1.54% of the shares

Gelonghui, May 13, 丨 Shanggong Shenbei (600843.SH) announced that as of May 13, 2024, the company's share repurchase plan has reached the minimum repurchase amount, and the implementation of this share repurchase plan has been completed. The company bought back a total of 10,995,800 shares through centralized bidding transactions, accounting for 1.5418% of the company's total share capital. The highest transaction price was 6.36 yuan/share, the lowest transaction price was 4.41 yuan/share, and the actual total amount paid was RMB 62,840,396.92 (excluding transaction fees such as commissions).

Gelonghui FinanceMay 13 07:06 ET