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China Securities Co.,Ltd.: The home appliance market is booming under the policy of trading in old for new, with pre-sale promotions for singles' day starting early.
Driven by the policy of trading in old items for new ones, the National Day market sales are booming. Looking at the national situation, Suning Tesco's national stores have seen a holiday customer flow increase of over 200% year-on-year, with a 132% year-on-year growth in orders for trading in old items for new ones.
Changhong Meiling to Buy Hefei Changhong Industrial for 375 Million Yuan
格隆汇公告精选: tongfu microelectronics: Industrial fund plans to reduce shareholding by no more than 3%; china international capital corporation: Suspected of inadequate diligence in Huaerxin IPO sponsor business, filed by the CSRC.
【Performance Forecast】Mesnac Co., Ltd. (002073.SZ): The net income for the first three quarters is expected to increase by 57.42%-71.73% Guangxi Liugong Machinery (000528.SZ): The net income attributable to shareholders for the first three quarters is expected to increase by 50% to 70% Dalian Insulator Group (002606.SZ): The net income for the first three quarters is expected to increase by 236.05%-339.45% Rockchip Electronics (603893.SH): The net income for the first three quarters is expected to increase by 339.75% to 365.62% year-on-year Shenzhen Bingchuan Network (300533.SZ): It is expected to have a net loss of 0.41 billion yuan to 0.51 billion yuan Dongguan Yutong Optical Technology
Changhong Meiling (000521.SZ): Intends to acquire 100% equity of Hefei Changhong Industrial Co., Ltd.
On October 11, Gelonghui announced that Changhong Meiling (000521.SZ) plans to use its own funds of 371,282,909.96 yuan to acquire 99% equity of Hefei Changhong Industry Co., Ltd. (hereinafter referred to as 'Hefei Industry') held by Sichuan Changhong. At the same time, the company's wholly-owned subsidiary Hefei Meiling IOT Technology Co., Ltd. (hereinafter referred to as 'IOT Technology') plans to use its own funds of 3,750,332.42 yuan to acquire 1% equity of Hefei Industry held by Sichuan Changhong Venture Capital (hereinafter referred to as 'Changhong Venture Capital'). After this transaction is completed, Hefei Industry will become part of the company's consolidated financial statements.
Changhong Meiling (SZSE:000521) Stock Performs Better Than Its Underlying Earnings Growth Over Last Three Years
Huaxi Securities: In August, the nationwide home appliance replacement program had a significant driving effect. It is expected that the year-on-year growth rate of domestic air conditioner sales will accelerate in the fourth quarter.
In August, the detailed rules for the old-for-new policy in various regions were implemented intensively, with a significant boost in driving effect.
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