Done a bit research on both companies. I am surprised that after the acquisition, Wuxi Guolian is the actual controlling shareholder which now holds 73.17% stake in Wuxi HuaGuang Boiler(Stock Code:600475 listed in Shanghai Stock Exchange - I will be watching this stock closely in the coming months), Wuxi Guolian is a truly performer in terms of the revenue, the first 5 months of 2016, the net profit attributable to owners of the parent company after deducting non-recurring gains and losses is about 297 million yuan, the net profit forecast for Wuxi Guolian from 2016 to 2018 is 650m/720m/790m yuan.
EMC really knows how to choose their first partnership when entering Chinese market.
Ann: EMC Announces Signing of First China Regional Partnership Co-EMC.AX, page-74
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $118.9M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.0¢ | $12.77K | 118.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9987 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 81898 | 3 |
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| Last trade - 15.41pm 26/06/2024 (20 minute delay) ? |
| FLC (ASX) Chart |