Bossco
Environmental announced on the evening of July 13 that it intends to
invest in the construction of 30,000 tons/year waste lithium battery
comprehensive utilization project" in Ningguo City, Anhui province, with
a planned investment amount of no more than 1.038 billion yuan.
At
the same time, the wholly-owned subsidiary Keqing Environment terminated
the 20,000 tons/year waste lithium battery resource comprehensive
utilization project in Beihai, Guangxi.
It is worth mentioning that
the above project is the first investment in the local area after Bossco
changed the owner of Ningguo State Capital.
Lost $1 billion in two years
Bossco
is the first GEM listed company in Guangxi, which is mainly engaged in
comprehensive environmental management, professional technical services
and operational services. It is the only listed company owned by
Guangzhou World Investment Holdings after the completion of mixed
ownership reform in 2021.
Therefore, Guangzhou Global Investment has also been very optimistic about Bossco.
In
October 2021, Bossco issued an acquisition report showing that
Guangzhou Global Investment intends to subscribe for new shares issued
by listed companies to specific objects.
Bossco said: Guangzhou World
Investment acquisition of Boschco's purpose is to be optimistic about
the development prospects of the company's industry
However, compared
with the beautiful vision, Bossco's performance is not satisfactory,
and the loss has been close to 1 billion yuan in two years.
According
to the annual report, Bossco's net loss in 2021 was 515 million yuan,
which turned from profit to loss year-on-year. In 2022, the net loss was
449 million yuan, and the impairment loss of various assets was 104
million yuan.
Or due to successive years of losses, in Dec. 2022,
Guangzhou Global Investment and Ningguo Guohang jointly signed the
Share Transfer Agreement, intending to transfer its 52,198,764 shares of
Boschco to Ningguo Guohang.
In May this year, Ningguo State
Holdings, a subsidiary of the State-owned Assets Supervision and
Administration Commission of Ningguo City, became the new controlling
shareholder of Bossco by transferring the shares of Bossco held by
Guangzhou World Investment and adding the voting rights of the listed
companies held by the latter.
The actual controller of Bossco also changed from Guangzhou State assets to Ningguo State assets.
At
present, battery recycling as a new blue ocean market has attracted a
large number of enterprises into the game, CATL, Ganfeng Lithium, Tianqi
Lithium, Huayou Cobalt and so on,the market hot can be seen
A
quarterly report shows that Bossco's operating income in the first
quarter of this year increased by 58.73% over the same period, the
amount of 408 million yuan; Net profit of 910,000 yuan, an increase of
100.98%.
From this point of view, its development this year is worthy of expectation
