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Tongyuan Petroleum: 2024 Annual Report
Tongyuan Petroleum: 2024 Annual Report Summary
Tong Petrotech Corp. (300164.SZ) released its 2024 annual performance, with a net income of 55.6468 million yuan, an increase of 10.67%.
Tong Petrotech Corp. (300164.SZ) released its annual report for 2024, in which the company's revenue is 1.196 billion...
Tong Petrotech Corp. (300164.SZ): Proposing the General Meeting of Shareholders to authorize the Board of Directors to issue stocks to specific entities using a simplified procedure.
Gelonghui reported on April 10 that Tong Petrotech Corp. (300164.SZ) announced that it will hold the 15th meeting of the 8th Board of Directors on April 10, 2025, to review and approve the "Proposal for Authorizing the Board of Directors to Handle the Issuance of Stocks to Specific Targets by Simplified Procedures for Shareholders' Meeting". According to the relevant regulations such as the "Registration and Management Measures for Securities Issuance by Listed Companies", "Rules for the Review of Securities Issuance and Listing by Listed Companies on the Shenzhen Stock Exchange", and "Implementation Rules for Securities Issuance and Underwriting Business of Listed Companies on the Shenzhen Stock Exchange", the company's Board of Directors proposes to the Shareholders' Meeting to authorize the Board of Directors to issue financing to specific targets not exceeding RMB.
Tong Petrotech Corp. (300164.SZ): The increase in tariffs between China and the United States has no effect on the company's revenue and daily operation.
On April 7, Gelonghui reported that Tong Petrotech Corp. (300164.SZ) stated on the investor interaction platform that the additional tariffs between the USA and China have no impact on the company's revenue and daily operations. (1) The company's and its subsidiaries' business is Oil & Gas field technology services, and there is no trade business between the USA and China; therefore, the additional tariffs have no impact on the company's revenue. (2) The company's holding subsidiary in the USA, The Wireline Group ("TWG"), is a domestically protected company under US law, with both customers and suppliers from within the USA, and its revenue is entirely derived from the USA; therefore, the additional tariffs have no impact on.
Tong Petrotech Corp. (300164.SZ): The company's technology has not yet been applied in the field of Combustible Ice extraction.
Gelonghui, April 3rd丨Tong Petrotech Corp. (300164.SZ) stated on the investor interaction platform that the company's technology is mainly applied in Oil & Gas extraction, and has not yet been applied in the field of Combustible Ice extraction.
Tong Petrotech Corp.'s (SZSE:300164) Price Is Right But Growth Is Lacking
