MINISO releases its 2025 Global Strategy: focusing on opening good stores and large stores.
On February 27, news reported that MINISO held a Global Partner Conference yesterday. Ye Guofu, Chairman of the Board of Directors and CEO of MINISO Group, stated that cultural consumption and cultural globalization are the development directions of MINISO, and interest-based consumption is the strategic layout of MINISO. The ultimate innovation based on Chinese culture is leading the global development of Chinese brands and Chinese IP. Kou Weixuan, Global Vice President and Chief Channel Development Officer of MINISO Group, announced the annual channel strategy, and by 2025, MINISO will focus on building a five-level store matrix consisting of MINISO LAND, flagship stores, theme stores, regular stores, and pop-up stores.
Joy City: 2024 Annual Results Forecast
Is Grandjoy Holdings Group (SZSE:000031) Using Too Much Debt?
Capital of Grandjoy's Subsidiary Raised by 1.50 Billion Yuan
Grandjoy Holdings Group (000031.SZ): The real estate company in Shenzhen plans to increase its investment in Jin Feng Cheng by 1.5 billion yuan.
On January 10, Gelonghui reported that Grandjoy Holdings Group (000031.SZ) announced that in order to optimize the capital structure of its subsidiaries, enhance their capital strength, and promote healthy Operation and sustainable development, its wholly-owned subsidiary, COFCO Real Estate Group Shenzhen Co., Ltd. (hereinafter referred to as 'Real Estate Shenzhen'), will increase its capital to its wholly-owned subsidiary Shenzhen Jinfengcheng Real Estate Development Co., Ltd. (hereinafter referred to as 'Jinfengcheng'). Real Estate Shenzhen will increase the capital of Shenzhen Jinfengcheng Real Estate Development Co., Ltd. by 1.5 billion yuan in cash, with the entire capital increase amount transferred to registered capital. After the capital increase is completed, the registered capital...
JOY CITY PPT (00207.HK): Director Bao Yun has been appointed as a non-executive director.
Glory Holdings announced on December 20 that JOY CITY PPT (00207.HK) has appointed Dong Baoyun as a non-executive Director, effective from December 20, 2024.
Grandjoy Holdings Group Co., Ltd. (SZSE:000031) Held Back By Insufficient Growth Even After Shares Climb 26%
Joy City PPT subsidiary plans to acquire the land use rights in Sanya, China for 0.725 billion yuan.
Glory Times reported on November 18th that Joy City PPT (00207.HK) announced that on November 18, 2024, Sanya Yuelu (an indirectly non-wholly owned subsidiary of the company) successfully bid for the land use rights of the land parcel offered by the Natural Resources and Planning Bureau through online public listing with a bid of 0.725 billion yuan. The transaction confirmation related to the acquisition was obtained on the same day, and the land use rights transfer contract related to the acquisition is expected to be signed on or before December 2, 2024. Sanya Yuelu has paid a bid deposit of 0.4345 billion yuan. Sanya Yuelu will hold the equity of the land parcel after the completion of the acquisition.
China Vanke provides guarantees for the loan of the joint venture company Shaoxing Yuanhao.
China Vanke (02202) announced that Shaoxing Yuanhao plans to apply to Ping An Bank for an adjustment of the loan term not exceeding 0.8 billion yuan. The company, Hangzhou Yuanting, will provide joint and several guarantee guarantees and equity pledge guarantees for the above-mentioned loan in a 50% equity ratio, with the guarantee amount and the pledge guarantee amount not exceeding 0.4 billion yuan each. The joint and several guarantee guarantee period is three years from the date of debt performance, and the equity pledge guarantee period is until the date of debt performance. Grandjoy Holdings Group, Grandjoy Holdings Group Zhejiang, will also provide joint and several guarantee guarantees and equity pledge guarantees in the same manner in a 50% equity ratio.
Investors in Grandjoy Holdings Group (SZSE:000031) From Five Years Ago Are Still Down 49%, Even After 4.3% Gain This Past Week
Joy City PPT (00207) completed the issuance of 1.4 billion yuan of 2024 medium-term notes.
Joy City Properties (00207) announced that on November 6, 2024, the company has successfully issued an amount of RMB...
Joy City: Report for the third quarter of 2024
grandjoy holdings group (000031.SZ): a net loss of 0.587 billion yuan in the first three quarters.
Grandjoy Holdings Group (000031.SZ) announced its third quarter report for 2024 on October 30. In the first three quarters of 2024, the company achieved revenue of 20.477 billion yuan, a decrease of 1.07% year-on-year; the net income attributable to shareholders of the listed company was a loss of 0.587 billion yuan, a decrease of 16.72% year-on-year; the net income after deducting non-recurring gains and losses was a loss of 1.625 billion yuan, a decrease of 187.39% year-on-year; and the basic earnings per share was -0.14 yuan per share.
BMW and Mercedes-Benz jointly launched the supercharging brand Yianqi, and the first batch of supercharging stations officially started operation.
Sina Technology News In the afternoon of October 24th, Beijing Yiyi Anqi New Energy Technology Co., Ltd., a joint venture company established by Huachen BMW Automobile Co., Ltd. and Mercedes-Benz (China) Investment Co., Ltd. in a 50:50 ratio, officially launched the supercharging brand Yi Anqi, and announced the first batch of Yi Anqi supercharging stations are in operation. At the Yi Anqi brand launch and the opening ceremony of the first station nationwide, Yi Anqi CEO Tang Xuri stated: the English name for Yi Anqi is IONCHI, where ION means ion, the physical properties are self-energizing, active movement, and stable quality; CHI represents China, expressing Yi Anqi's vision.
Grandjoy Holdings Group (000031.SZ): Overall, the 'purchase and storage' policy plays a positive role in destocking and stabilizing the market for the industry.
Grandjoy Holdings Group (000031.SZ) stated at the investor relations event on October 9th that "destocking" has become one of the focuses of recent real estate policies. The implementation of policies related to "acquiring and storing" not only helps increase the supply of affordable housing, but also holds significant importance in establishing a housing system that meets the basic needs of the government, satisfies various levels of housing demands in the market, and promotes a balanced mix of renting and purchasing housing. It also benefits the clearance of enterprise inventory and eases financial pressure. Overall, the "acquiring and storing" policy plays a positive role in destocking the industry and stabilizing the market. Currently, the company is actively coordinating with the government, understanding local acquisition and storage requirements, and reviewing its own projects.
Grandjoy Holdings Group (000031.SZ): In the first half of the year, the pace of pre-development of newly acquired projects has further accelerated, with some projects setting new records for the fastest start of construction.
格隆汇October 9th | grandjoy holdings group (000031.SZ) stated at an investor relations event that looking ahead to the second half of the year, in terms of investment, the company will deepen its presence in cities, focusing on dimensions such as strong risk resistance, fast turnover speed, reasonable profit space, continuously strengthen analysis and judgment, select the best among the good, and achieve stable development; in terms of operation, the pre-development pace of new projects acquired in the first half of 2024 will further accelerate, with some projects setting the fastest start record, striving to open new projects within the year; in terms of sales, increase efforts to reduce inventory, take multiple measures to capture sales receivables; in terms of commerce, optimize the structure, ope
Grandjoy Holdings Group Co., Ltd.'s (SZSE:000031) Share Price Boosted 42% But Its Business Prospects Need A Lift Too
Joy City PPT (00207.HK): Approved to register medium-term notes with the National Association of Financial Market Institutional Investors of Bank of China.
Gelonghui September 30th, Joy City Properties (00207.HK) announced that the company has received a notice of approval issued by the China Interbank Market Traders Association dated September 23, 2024 (Reference No.: CMSA Note [2024] MTN933), approving China Resources Real Estate Investment Co., Ltd. (the Company's indirect non-wholly owned subsidiary) ('Issuer') to register for the proposed issuance of medium-term notes ('2024 Medium-Term Notes') with a total face value not exceeding RMB 1.5 billion to eligible investors in stages. The registration is valid for a period of 2 years from the date of the approval notice.
Here's Why Grandjoy Holdings Group (SZSE:000031) Has A Meaningful Debt Burden
grandjoy holdings group (000031.SZ): the company and its wholly-owned subsidiary publicly listed to transfer 100% equity of Baoxing Wire and Cable.
On September 26, Gelonhui announced that in order to revitalize existing assets and improve the efficiency of fund utilization, the company, its wholly-owned subsidiary Nov Inc. Holdings Group (referred to as "Nov Inc.") and Shenzhen Jiangtong South Co., Ltd. (referred to as "Shenzhen Jiangtong", a non-related party of the company) plan to publicly list and transfer 100% equity of Shenzhen Baoxing Wire and Cable Manufacturing Co., Ltd. (referred to as "Baoxing Wire and Cable" or the "target company") through the Shenzhen United Equity Exchange (referred to as "Shenzhen Exchange"). The company holds 20% equity of Baoxing Wire and Cable, Nov Inc. Holdings Group holds