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Hualian Co., Ltd.: Report for the third quarter of 2024
Beijing Hualian Department Store (000882.SZ): The net income for the first three quarters was 30.2286 million yuan, a year-on-year decrease of 15.14%.
On October 30, Hualian Department Store (000882.SZ) released its third quarter report for 2024, achieving revenue of 1.09 billion yuan in the first three quarters, an 8.63% year-on-year growth; net income attributable to shareholders of the listed company was 30.2286 million yuan, a 15.14% year-on-year decrease; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 7.2977 million yuan, a 77.26% year-on-year increase; basic earnings per share were 0.0110 yuan.
Beijing Hualian Department Store (000882.SZ): indirectly holds a small amount of Horizon shares
On October 22, great wisdom reported that Beijing Hualian Department Store (000882.SZ) stated on the investor interaction platform that the company indirectly holds a small amount of Horizon shares and has no business cooperation with Horizon in operations.
Beijing Hualian Department Store (000882.SZ): DT51 provides commercial planning, operation management, and other services for the Shaanxi sports window project.
On September 26th, Hualian Department Store (000882.SZ) stated on the investor interaction platform that, according to their understanding, the company's controlling shareholder recently entered into a strategic cooperation with Shaanxi Tourism Group, aiming to integrate their respective sse select resources industries index, jointly create comprehensive projects integrating tourism, sports, culture, lifestyle, and commerce, enhance commercial value and social influence, and achieve mutual benefits. Based on this, DT51 will provide commercial planning, operation management, and other services for the Shaanxi Sports Window project, jointly building a model of high-end community commercial projects in the Northwest region.
Beijing Hualian Department Store (000882.SZ): Appointed Xie Dan as the company's general manager.
On September 25, Hualian Department Store (000882.SZ) announced that the board of directors of the company recently received a written resignation report from Mr. Wang Rui, the chairman and general manager of the company. Mr. Wang Rui applied to resign from the position of general manager due to work adjustments. After resigning from the position of general manager, Mr. Wang Rui will continue to serve as the chairman of the ninth board of directors of the company. According to the relevant provisions of the Company Law and the Company's Articles of Association, Mr. Wang Rui's resignation report will take effect from the date it is delivered to the board of directors. As of the date of this announcement, Mr. Wang Rui holds 200,000 shares of the company's stocks and has committed to do so within 12 months from June 5, 2024.
Beijing Hualian Department Store (000882.SZ): The company is in the process of handling the transfer procedures for acquiring a stake in Meihao Life, with no plans for renaming at the moment.
Investors have asked Beijing Hualian Department Store (000882.SZ) on the interactive platform: Has the company completed the acquisition of Better Life? Will it be renamed Hualian Better Life? Is the company advancing with REITs? Is there a plan for the funds raised by REITs to be invested? Such as investing in supply chain companies, suppliers? Beijing Hualian Department Store (000882.SZ) replied: The acquisition of Better Life's equity by the company is currently undergoing delivery procedures, with no plans for renaming at the moment. The company is not currently advancing with the issuance of consumer infrastructure REITs, but is continuously monitoring and studying relevant policies, waiting for conditions to mature.
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