Is the restructuring the peak? Guangzhou Grandbuy's performance continues to decline as Bank of China Investment continuously makes "precise" Shareholding reductions | Quick read announcement.
① In the past 11 trading days, Guangzhou Grandbuy has hit the limit up six times, while China Merchants Investment has continuously and "precisely" reduced its shareholding by nearly 3% since January 3. ② After achieving peak performance through asset restructuring in 2021, Guangzhou Grandbuy has shown poor performance in recent years, and the major shareholders' successive reductions may have other considerations.
The TikTok ban is approaching! Xiaohongshu has internationalized overnight; what changes will occur in the ecosystem of social applications in the USA?
Xiaohongshu may be able to gain the attention of American users through the TikTok incident, but as user enthusiasm wanes and there is no local market marketing, it is difficult for Xiaohongshu to have the same level of influence in the USA as TikTok.
The city's duty-free shops are making progress as Wangfujing Group collaborates with Wushang Group to establish a presence in Wuhan | Quick announcement.
① The city’s duty-free shops have made progress, with Wuhan's first city duty-free store to be jointly operated by Wangfujing Group and Wushang Group. ② Looking at Wangfujing Group's Earnings Reports, despite the pressure on revenue, the duty-free industry is experiencing significant growth, but its limited scale restricts its effect on overall revenue.
The "Wenzhou Shoe King" intends to cross the industry to acquire a chip company after taking off the hat this year, returning to a loss.
① Aokang International is planning to acquire equity in United Storage Technology (Jiangsu) Co., Ltd. through the issuance of shares and/or payment in Cash / Money Market. ② The target company to be acquired is a supplier of storage chips and solutions. ③ Aokang took off the hat in the first quarter this year, with a loss of 0.136 billion yuan in the first three quarters.
0.368 billion yuan! Duang Yongping's 'disciples' took action on a listed company, and the latest response has come.
① The ultimate beneficiary of Suzhou Step Higher is Zhang Yuan, who is currently a director of OPPO and a non-executive director of Extreme Rabbit Express. Both of these major brands are associated with Duan Yongping. ② The Secretary of the Board of Directors of Daqian Ecology & Environment Group stated that the change in the controlling shareholder this time is mainly due to the impact of the original controlling shareholder's industry, such as the real estate market, on the industry's development not being ideal. Therefore, they want to introduce high-quality resources through the new controlling shareholder to help the company transform and find new profit growth opportunities.
Companies with long-term net asset value per share below book value must disclose plans for valuation improvement. State-owned enterprises with net asset value per share below book value are expected to attract incremental funds.
On September 24, the China Securities Regulatory Commission publicly solicited opinions on the 'Guidelines for the Supervision of Listed Companies No. 10 - Market Cap Management (Consultation Draft)'. The guidelines require long-term companies trading below net asset value to disclose their valuation enhancement plans, including targets, deadlines, specific measures, and provide special explanations on the execution of the valuation enhancement plan during the annual performance briefing.