According to Zhitong Finance APP, Zhenhua Heavy Industries (600320.SH) announced that in order to effectively revitalize assets, optimize asset allocation, and promote the healthy and sustainable development of the company, Canada Shipping, controlled by the company's wholly-owned subsidiary, plans to acquire half of its holdings. The submarine vessels "RED ZED I" and "RED ZED II" were sold to Olympian for US$103 million each. It is expected to have a positive impact on the company's financial status in 2023 and 2024.
Zhitongcaijing · 11/13 10:33
According to the Zhitong Finance App, Zhenhua Heavy Industries (600320.SH) announced that in order to effectively revitalize assets, optimize asset allocation, and promote the company's healthy and sustainable development, Jiahua Shipping, controlled by a wholly-owned subsidiary of the company, plans to sell its semi-submersible ships “RED ZED I” and “RED ZED II” to Aohai at a price of 103 million US dollars each. It is expected to have a positive impact on the company's financial situation in 2023 and 2024.