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Shandong Fiberglass Group changed its audit personnel due to internal adjustments at Lixin Accounting Firm, according to a Thursday filing with the Shanghai Bourse.
Qu Yumin replaces Zhao Yong as the project quality control reviewer, while Zhu Mingjiang replaces Shi Huihui as the signing CPA.
The company ensures the transition will not impact its 2024 financial and internal control audits.
Shandong Fiberglass Group completed the transfer of heating pipeline network assets valued at 99.3 million yuan.
The assets were transferred to Yishui Chengkai Investment Development Group subsidiary Yishui Huayuan Thermal Power from the company's subsidiary, Yishui County Thermal Power, according to a Feb. 15 filing with the Shanghai bourse.
Shares of the glass fiber producer rose less than 3% Monday.
Shandong Fiberglass Group signed a strategic cooperation framework agreement with Jiangsu Ausen to develop and manufacture multi-axial fiberglass wind power fabrics for domestic and international markets.
The agreement includes the establishment of a domestic joint venture company controlled by the company, according to a Tuesday filing with the Shanghai bourse.
Relying on the domestic joint venture, the two parties will also jointly establish an overseas manufacturing base.
Shandong Fiberglass Group subsidiary Yishui Thermoelectric transferred its heating pipeline assets to Yishui Huayuan Heating, a subsidiary of Yishui City Development and Investment Group.
The assets, valued at 99.3 million yuan, will be transferred at an agreed price of 102.5 million yuan, according to a Tuesday filing with the Shanghai bourse.
The transaction is subject to shareholder approval.
Shandong Fiberglass Group subsidiary Yishui Thermoelectric transferred its heating pipeline assets to Yishui Huayuan Heating, a subsidiary of Yishui City Development and Investment Group.
The assets, valued at 99.3 million yuan, will be transferred at an agreed price of 102.5 million yuan, according to a Tuesday filing with the Shanghai bourse.
The transaction is subject to shareholder approval.
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