Yangzijiang Financial
Yangzijiang Financial sinks into red in H2, posts FY2025 loss on China property provisions
No dividend is declared for FY2025, compared with a final dividend of S$0.0345 in the previous year
Yangzijiang Financial drops 14.5% to 2-year low on expected reversal into red
The group expects to post losses for its second half and full year due to the recognition of substantial credit loss allowances
Yangzijiang Financial to report a loss for H2, full-year FY2025
This follows a reassessment to reflect updated credit risk profiles in China’s markets
YZJ Financial shares close down 51.4% on ex-entitlement to YZJ Maritime shares
YZJ Maritime is a spin-off of YZJ Financial and is scheduled to be listed on the mainboard this month
Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer
Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors
YZJ Financial right to spin off maritime assets
After birthing YZJ Maritime, YZJ Financial could move more aggressively in interesting new directions
YZJ Maritime to make mainboard debut on Nov 18, looking to raise S$5.2 million through placement
It expects a market capitalisation of S$2.04 billion upon completion of the distribution and placement
Yangzijiang Financial’s CEO, CFO, lead independent director step down amid spin-off of YZJ Maritime
Their replacements have also been announced
Yangzijiang Financial receives conditional approval to list YZJ Maritime
It also discloses that it has further capitalised some US$1.5 billion of receivables from its maritime investment segment
Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan’s restructuring
The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer
