HBIS Company Limited receives asset transfer fee of 5 billion yuan from Tangshan Iron Steel Group

NBD AI Bulletin - HBIS Company Limited (the Company, SZ 000709, close price: 2.28 yuan) announced on March 5 that on September 8, 2020, the Company signed an agreement to transfer the closed assets of its Tangshan branch to Tangshan Iron Steel Group Co., Ltd. at 5.105 billion yuan. The agreement was deliberated and passed at the tenth meeting of the fourth session of the Company's board of directors on September 11, 2020 and the second extraordinary general meeting of 2020 on September 28, 2020.

Recently, the Company has received 5 billion yuan of asset transfer fee from Tangshan Iron Steel Group Co., Ltd., and the remaining 105 million yuan is expected to be paid by the end of March 2021. Asset transfer is still in the process.

The 2020 semi-annual report shows that HBIS Company Limited's main business is the steel industry, chemical industry, accounting for 96.61%, 1.15% of revenue, respectively.

HBIS Company Limited's chairman is Liu Jian, male, 53 years old, EMBA, senior engineer. HBIS Company Limited's general manager is Xu Bin, male, 56 years old, postgraduate degree, Ph.D, senior engineer.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company decreased by 11.4608 million over the past 30 days, representing 0.1% of the Company's circulating shares;

2. There was no institutional research on the Company in the past 30 days.

(By Lan Suying)


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