Zhonghuan Group is a large enterprise group authorized by Tianjin Municipal Government to operate state-owned assets. At present, there are 4 domestic listed companies, more than 200 wholly state-owned and state-controlled enterprises, foreign-funded enterprises and other types of enterprises. Mainly engaged in military-civilian communication, broadcast audio and video, semiconductor devices and materials, basic electronic products, instruments and meters research and development, production and management.
After the news of Central Group's transfer of 100% equity was sent out, its listed companies reacted differently in the capital market: as of the early closing of May 20, Tianjin Pulin closed at the daily limit with an increase of 9.97%; Central shares once rose more than 7% in intraday trading; 7 12 fell slightly; Leshan Power fell -9.98% and was smashed on the daily limit.
Among the four listed companies, Zhonghuan, a leading photovoltaic silicon wafer company, and Leshan Power, which focuses on thermal power generation, all involve the concept of energy and electricity. The performance of the two companies in stock prices also reflects the different effects brought by this mixed reform. For details, please refer to: Central Group's listing clearance10 billion shares. What is the fate of Zhonghuan and Leshan Power? The stock price has responded. ...