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Hong Kong Court Summons Fullshare CEO Over Alleged Embezzlement of China High Speed Funds
C TRANSMISSION: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
C TRANSMISSION (00658.HK) control rights competition: a maze of capital players and the life-and-death challenges of manufacturing industry leaders.
Recently, C TRANSMISSION (00658.HK) and its major Shareholder FULLSHARE (00607.HK) have been embroiled in a control battle that continues to develop. This situation, involving a puzzling 6.6 billion yuan and the management of the major Shareholder, can be described as the annual "family feud" in the Hong Kong stock market. We might as well delve into the past and present of FULLSHARE's "takeover" of C TRANSMISSION to unveil the mysterious veil of this capital game. I. Capital Alliance According to public information and reports, in 2016, C TRANSMISSION's founder Hu Yueming brought in FULLSHARE as a major Shareholder to fend off foreign acquisitions.
China High Speed Transmission Equipment Expects to Swing to Loss For 2024>0658.HK
China High Speed Transmission Equipment Sees 2024 Loss CNY6.56B >0658.HK
China High Speed Transmission Equipment: Significant Impairments For Receivables Weighed on Results>0658.HK
Insufficient Growth At China High Speed Transmission Equipment Group Co., Ltd. (HKG:658) Hampers Share Price