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06/08/18
22:39
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Originally posted by orionwoo
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I don't understand what you are trying to argue or achieve in here. What are you questioning & does it impact anything relating to WHA ?
If you are questioning about the investor, the structure map posted by 8horse clearly exhibits the relationship between this company & head company.
If you are questioning about if there is Government ownership in this company. The fact is YES. You don't need direct interest to control a company. Also the nature of the company says 国企, this is good enough, period. Why are you keep focusing on the difference between 国企 & 央企? Trying to confuse Aussie retail investors ? 央企 is 国企,国企 is not necessary 央企. However both of them are backed up by Government money, difference is 央企 has stronger political & administration purpose. I'm just wondering, how would the additional purpose impact the fact that the company has a stake in WHA & directly or indirectly back up by Government fund ?
If you are questioning about WEIHAI, being 3 tier city in China, I think you are out of your mind. It is one of the most beautiful city in China, currently sitting on 59th [35.5 bil RMB] of China city GDP ranking list. It has 2.8mil population.
If you are questioning about why would WEIHAI be interested in investing WHA. Well, do you know Shandong has special tie with S.A & the relationship is deep & far beyond money. The relationship would only encourage cities in Shandong to invest more in Australia.
So overall, I think this Chinese Government money back up investment completely makes sense. And I think your discussion is a bit off the track & intention is questionable. Enough of your "paper education" of 国企 & 央企 which is completely irrelevant.
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Nah, @8horse , I agree with your research and meaningful opinions. and I do not intend to educate any investors in this forum. Just to reminder, be careful of words play in these announcement, It cannot change any facts that WHA has little revenue and Brand is still very low. The captain boat of WHA is a speculative guy, if he want to build a strong brand, he should start from local, not overseas.
SP will jump to $2 if CFDA has been approved (before Xmas). I may or may not buy shares to make quick profits.