Dalian Friendship (000679.SZ): Yingchi New Retail plans to invest in the establishment of Yingxin in Wuhan and Yingchi in Hong Kong.

On June 24th, Gelunhui reported that Dalian Friendship (000679.SZ) announced that in order to expand the development channel of the company's retail business, cultivate new performance growth points, and improve the company's operating performance, the company invested in the establishment of a wholly-owned subsidiary, Wuhan Yingchi New Retail Co., Ltd. (hereinafter referred to as "Yingchi New Retail") on June 13, 2024. In order to cooperate with Yingchi New Retail in business development, Yingchi New Retail intends to invest in the establishment of Wuhan Yingxin Cross-border E-commerce Co., Ltd. and Hong Kong Yingchi Trading Co., Ltd. The company made the investment in currency, with investment amounts of RMB 10 million and HKD 10,000, respectively.

Gelonghui FinanceJun 24 06:19 ET

Dalian Friendship (000679.SZ): In 2023, there is still no scaled online sales revenue for the retail sector of the company.

On June 17th, Gelonhui reported that an investor asked Dalian Friendship (000679.SZ) on the investor interactive platform, "What is the online sales revenue of the company in 2023?" The company replied that there is currently no significant online sales business revenue in the company's retail sector in 2023.

Gelonghui FinanceJun 17 04:28 ET

Dalian Friendship (000679.SZ): Currently, there is no plan to enter the storage chip trading field.

On June 17th, Gelunhui reported that an investor asked Dalian Friendship (000679.SZ) on the investor interactive platform, "Will the newly established Wuhan Yingchi enter the trading field of storage chips?" The company replied that the investment in Wuhan Yingchi was aimed at expanding the company's retail business development channels and there is currently no plan to enter the storage chip trading field.

Gelonghui FinanceJun 17 04:27 ET

Dalian Friendship (Group) Co., Ltd.'s (SZSE:000679) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

To the annoyance of some shareholders, Dalian Friendship (Group) Co., Ltd. (SZSE:000679) shares are down a considerable 27% in the last month, which continues a horrid run for the company. The rece

Simply Wall StJun 16 20:12 ET

Dalian Friendship (000679.SZ): plans to establish Yingchi New Retail with an investment of 5 million yuan to cultivate new performance growth points.

Dalian Friendship (000679.SZ) announced on June 11th that in order to expand its retail trade development channels, cultivate new performance growth points, and improve business performance, the company plans to invest in Wuhan Yingchi New Retail Co., Ltd. (tentative name, the final name will be subject to approval by the industry and commerce administrative authorities, referred to as "Yingchi New Retail") with its own funds, with a registered capital of 5 million yuan, and the company will hold 100% of the shares.

Gelonghui FinanceJun 11 06:32 ET

Dalian Friendship (000679.SZ): No cross-border export business has been launched or planned

Gelonghui, May 28 | An investor asked Dalian Friendship (000679.SZ) on the investor interactive platform, “Does Dalian Yingchi Trading plan a cross-border export business based on its geographical advantages?” The company replied that the company set up a subsidiary Yingchi Trading to try out trade business, and has not yet launched or planned to carry out cross-border export business.

Gelonghui FinanceMay 28 04:28 ET