rongsheng mobile bd private ltd in stock

Rongsheng Mobile India Private Limited is a Non-govt company, incorporated on 24 Nov, 2014. It"s a private unlisted company and is classified as"company limited by shares".

Company"s authorized capital stands at Rs 500.0 lakhs and has 51.0% paid-up capital which is Rs 255.0 lakhs. Rongsheng Mobile India Private Limited last annual general meet (AGM) happened on 30 Sep, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).

Rongsheng Mobile India Private Limited is majorly in Trading business from last 9 years and currently, company operations are active. Current board members & directors are ZHAORONG LI, XIAOBIN ZHENG, ZHAOHUI LI, TAO XIE, HAIPING LI, HAOFEI YAN, TAO YANG, XINGJUN XIAO, XIANGWEN XIAO and YAQING DUAN .

Company is registered in Shillong (Assam) Registrar Office. Rongsheng Mobile India Private Limited registered address is 7TH FLOOR, DEE TEE TOWERS DOWN TOWN HOSPITAL COMPLEX, G.S ROAD , DISPUR GUWAHATI Kamrup AS 781006 IN.

Rongsheng Mobile India Private Limited is an Indian private company incorporated on 24/11/2014 and its registered office address is 503, Royal Centre, 5th Floor, GS Road,Opp. SB Deora College, Bora Service,Guwahati,Assam,INDIA,781007. The company"s Annual General Meeting (AGM) was last held on 2015-09-30 and its balance sheet was last filed on 2015-03-31. The current age of the company as per its registration date is 8 Years 2 Months 12 Days and is classified as the Indian Non-Government Company.

Rongsheng Mobile India Private Limited is registered at Registrar of Companies, Shillong (RoC-Shillong). Bin Luo is the director of this company. in the year 2014.2014-11-24The company has 1 director on the board at the time of inception and was appointed on the date 2014-11-24. The contact details of the company are mentioned in the contact section or you could contact them by submitting the request for quote form on their website.

Rongsheng Mobile India Private Limited is a retailer company with the National Industrial Classification (NIC) code of 52392. Based on this activity code, the company is involved in the business activities such as Computers and non-customized software, retail sale by specialized stores,#Retail sale of computers and non-customized software#.

HONG KONG, July 5 (Reuters) - China Rongsheng Heavy Industries Group, China’s largest private shipbuilder, appealed for financial help from the Chinese government and big shareholders on Friday after cutting its workforce and delaying payments to suppliers.

Hours after China Rongsheng made its appeal in a filing to the Hong Kong stock exchange, where the company is listed, Beijing vowed to bring about the orderly closure of some factories in industries plagued by overcapacity.

The statement by the State Council, or cabinet, laid out broad plans to ensure banks support the kind of economic rebalancing Beijing wants as it looks to focus more on high-end manufacturing. It did not mention any specific industries or companies and there was no suggestion it was referring to Rongsheng.

China Rongsheng said it was expecting a net loss for the six months that ended June 30 from a year earlier, according to the filing. It gave no figures.

Rongsheng shares plunged 16 percent to a record low in heavy turnover on Friday, leaving its market capitalisation at just under $1 billion. The Hang Seng Index climbed 1.9 percent. China Rongsheng is down 28.2 percent on the year.

In its filing, China Rongsheng said some workers had been made redundant, although it gave no numbers or timeframe for the losses. The company did not immediately respond to requests for more information.

China Rongsheng has said it won only two shipbuilding orders worth $55.6 million last year when its target was $1.8 billion worth of contracts. This year, it received orders to build two drilling rigs used in oil exploration, worth $360 million.

By contrast, another Chinese shipbuilder, Singapore-listed Yangzijiang Shipbuilding (Holdings) Ltd, has secured total orders of $1 billion in the first half, Barclays said.

While the Chinese shipbuilding industry faced “unprecedented challenges”, China Rongsheng’s board was confident management could ease pressure on working capital in the near future and maintain normal operations, the company said in the filing.

According to its December 2012 annual report, issued on March 26, China Rongsheng’s cash and cash equivalents fell to 2.1 billion yuan from 6.3 billion yuan a year ago.

“The group is ... actively seeking financial support from the government and the substantial shareholders of the company, and increasing its efforts in negotiations with its customers to maximise the collection of receivables,” China Rongsheng said in the filing.

A note from Macquarie Equities research said the statement highlighted the “severity” of China Rongsheng’s liquidity problems, adding this was not necessarily representative of the wider sector.

It said other listed Chinese shipyards were not as leveraged as China Rongsheng. The loan from Zhang was a surprise, it said, showing how badly the company needed cash.

“Rongsheng will need to address the problems immediately to reassure the market,” said Martin Rowe, managing director of Clarkson Asia Limited, a global shipping services provider.

HONG KONG, Nov 26 (Reuters) - China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, said its chairman had stepped down just three months after the company posted its sharpest fall in half-year net profit.

Listed in November 2010, Rongsheng was hit by an insider dealing scandal involving a firm owned by Zhang ahead of the $15.1 billion bid for Canadian oil firm Nexen Inc by China offshore oil and gas producer CNOOC.

Rongsheng said earlier this month that investment firm Well Advantage, controlled by Zhang, had agreed to pay $14 million as part of a settlement deal with the U.S. Securities and Exchange Commission (SEC).

In August, Rongsheng posted an 82 percent drop in half-year profit on a dearth of new orders and warned economic uncertainties would continue to weigh on the global shipping market.

Zhang Zhirong has also resigned as chairman of Glorious Property Holdings Ltd, the property developer said, as part of a series of executive changes at the company.

As part of the changes at China Rongsheng, the company said that Zhang De Huang was retiring and had resigned as an executive director and as vice chairman of the board.