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CRED Holding Co Ltd (600890.SS)

600890.SS on Shanghai Stock Exchange

7.66CNY
3 Aug 2020
Change (% chg)

¥-0.22 (-2.79%)
Prev Close
¥7.88
Open
¥7.57
Day's High
¥7.66
Day's Low
¥7.47
Volume
20,517,695
Avg. Vol
9,851,275
52-wk High
¥10.40
52-wk Low
¥4.58

Latest Key Developments (Source: Significant Developments)

China Zhongwang Updates On Spin-Off Of Liaoning Zhongwang Group
Wednesday, 29 Apr 2020 

April 29 (Reuters) - China Zhongwang Holdings Ltd <1333.HK>::CHINA ZHONGWANG HOLDINGS LTD UPDATES ON PROPOSED SPIN-OFF OF LIAONING ZHONGWANG GROUP THROUGH ASSET RESTRUCTURING WITH CRED.RECEIVED NOTICE FROM CRED HOLDING THAT CRED OBTAINED ACCEPTANCE NOTICE OF APPLICATION FOR ADMINISTRATION PERMISSION FROM CSRC.CSRC DECIDED TO ACCEPT APPLICATION IN RELATION TO MATERIAL ASSET RESTRUCTURING.  Full Article

China Zhongwang Proposes Spin-Off Of Liaoning Zhongwang Group Via Restructuring With CRED
Sunday, 22 Mar 2020 

March 23 (Reuters) - China Zhongwang Holdings Ltd <1333.HK>::ZHONGWANG FABRICATION TO SELL 96.55% STAKE IN LIAONING ZHONGWANG FOR RMB29.45 BILLION TO CRED HOLDING.CRED HOLDING TO SELL CRED XINJIANG FOR RMB200 MILLION TO ZHONGWANG FABRICATION.CHINA ZHONGWANG HOLDINGS LTD PROPOSES SPIN-OFF OF LIAONING ZHONGWANG GROUP THROUGH ASSET RESTRUCTURING WITH CRED HOLDING.PAYMENT OF RMB29.25 BILLION TO BE SATISFIED BY ISSUANCE OF 4.75 BILLION SHARES BY CRED TO ZHONGWANG FABRICATION.  Full Article

CRED Holding Plans To Buy Liaoning Zhongwang Group For 30.5 Bln Yuan Via Assets Swap, Share Issue
Friday, 20 Mar 2020 

March 20 (Reuters) - CRED Holding Co Ltd <600890.SS>::SAYS IT PLANS TO BUY 100% STAKE IN LIAONING ZHONGWANG GROUP LTD FOR 30.5 BILLION YUAN ($4.30 billion) VIA ASSETS SWAP, SHARE ISSUE.SAYS CO'S OWNERSHIP WILL CHANGE AFTER THE TRANSACTION, LIAONING ZHONGWANG SUPERIOR FABRICATION INVESTMENT LIMITED WILL BECOME CO'S BIGGEST SHAREHOLDER.SAYS TRADING OF SHARES TO RESUME ON MARCH 23.  Full Article

CRED Holding Plans To Buy Entire Or Controlling Stake In Liaoning Zhongwang Group
Tuesday, 17 Mar 2020 

March 17 (Reuters) - CRED Holding Co Ltd <600890.SS>::SAYS IT PLANS TO BUY ENTIRE OR CONTROLLING STAKE IN LIAONING ZHONGWANG GROUP CO LTD VIA ASSETS SWAP AND SHARE ISSUE.SAYS TRADING OF SHARES TO HALT FROM MARCH 18.  Full Article

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