Difficulties in recovering over 1.584 billion in loans? New developments in the lawsuit against Bank Of Guiyang, with urgent improvements needed in risk control capabilities amidst a series of disputes.
① In the long term, an increase in non-performing loans may put pressure on the asset quality and profitability of Banks. ② The other party's company may face financial difficulties, and even if winning the lawsuit, there is a possibility that the other party may not be able to repay the debts on time and in full.
Triggering strong redemption! The Bank Of Chengdu has decided to exercise the early redemption right. How should investors operate?
① Redeeming convertible bonds early can reduce future interest expenses for the Bank Of Chengdu, and it may also encourage some convertible bond investors to accelerate their decision to convert to shares. ② Currently, the pace of share conversion for investors in Chengyin convertible bonds is accelerating. As of December 18, the proportion of unconverted bonds has decreased from 40.15% a week ago to 28.32%.
Alibaba lost 9.3 billion and sold 100% of its shares in Intime, while Youngor Group made another successful investment.
① Alibaba will sell 100% equity of Intime Department Store to a buyer consortium composed of Youngor Group and Intime management team members. ② This year, Youngor Group has strengthened its investment in physical businesses, opening 13 new fashion experience stores offline. ③ Alibaba entered Intime in 2014 and gradually became the largest shareholder; as New Retail progressed to a decline, Alibaba ultimately let go of Intime.
7.4 billion! Alibaba "shakes off" the burden, Youngor Group officially takes over Silver Intime Department Store.
① Analysts have pointed out that although Youngor Group's acquisition helps its expansion in the Retail Trade market, the department store industry is in a state of continuous contraction. ② Alibaba's acquisitions of Intime and RT-Mart and other physical retail companies aimed to promote brand presence on Tmall, accelerate the digital transformation of the Retail Trade, and explore the application of instant retail innovation models in physical retail.
Increase equipment production capacity, China Aerospace Times Electronics plans to invest over 100 million yuan in the Drone project under construction. | Quick read announcement.
① China Aerospace Times Electronics intends to enhance the equipment production capacity for the Yanqing Drone project; ② This planned increase is over 100 million yuan.
Shanghai Friendess Electronic Technology Corporation: In Q4, downstream demand has rebounded sequentially and plans are underway to establish a presence in Europe | Direct coverage of the Earnings Conference.
① The Chairman of Shanghai Friendess Electronic Technology Corporation, Tang Ye, stated that the company's (Asia Vets welding) products are mainly aimed at the Steel structure Industry, with the downstream primarily consisting of Siasun Robot&Automation manufacturers and integrators. Since the beginning of the year, the number of customers forming Trade with the company has gradually increased; ② In terms of overseas channels, the company has already established a presence in South Korea and is preparing to set up a location in Europe.