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WG ENV TECH (01845) announced its annual performance, reporting a shareholder loss of 48.572 million yuan, turning from profit to loss year-on-year.
WG ENV TECH (01845) released its annual performance results for the year ending December 31, 2024, and the group achieved revenue...
WG ENV TECH: ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
WG ENV TECH: PROFIT WARNING
WG ENV TECH (01845.HK) established a joint venture with Changzhou Rongzhixiang.
On March 21, Gelonghui reported that WG ENV TECH (01845.HK) announced that on March 21, 2025, Dehui Environment (the company's indirectly wholly-owned subsidiary) entered into a joint venture agreement with Changzhou Rongzhixiang, whereby both parties agreed to establish a joint venture company in China and set forth terms regarding the ownership, funding, and management of the joint venture company. According to the joint venture agreement, the registered capital of the joint venture company shall be 20 million RMB, of which (1) Dehui Environment commits to contribute 14 million RMB in cash; and (2) Changzhou Rongzhixiang commits to contribute 6 million RMB by injecting intangible assets into the joint venture company.
Express News | Weigang Environmental Technology - Unit and Changzhou Rongzhixiang Entered Into Jv Agreement
WG ENV TECH (01845.HK) plans to hold a Board of Directors meeting on March 27 to approve the annual performance.
Gelonghui reported on March 17 that WG ENV TECH (01845.HK) announced that the Board of Directors meeting will be held on March 27, 2025 (Thursday), to consider and approve the performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, as well as to consider the payment of a final dividend (if any).
Weigang Environmental Technology Holding Group Limited's (HKG:1845) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
