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Ciwen Media to Set Up 200 Million Yuan Investment Fund for Media Production
Ciwen Media Co., Ltd. (002343.SZ): Shanghai Ciwen plans to invest in the Quanzhou Luguan Fund.
Gelonghui, November 27th - ciwen media co.,ltd. (002343.SZ) announced that on November 27, 2024, the company held the twenty-fifth meeting of the ninth board of directors, and approved the "Proposal on the joint investment and related transactions between Shanghai ciwen film and television communication co.,ltd., a wholly-owned subsidiary, professional investment institutions, and related parties", agreeing that Shanghai ciwen film and television communication co.,ltd. (hereinafter referred to as "Shanghai ciwen") will be a limited partner, with its own funds not exceeding RMB 16 million, to invest jointly with the company's related party Huazhang Tiandi Media Investment Holdin...
ciwen media co.,ltd. (002343.SZ): Dingkun Films intends to jointly establish Ciwen Gan Film Investment with related parties.
On November 27, 2023, ciwen media co.,ltd. (002343.SZ) announced that it would hold the 25th meeting of the ninth board of directors on November 27, 2024, to review and approve the proposal regarding the joint investment and related party transactions with its wholly-owned subsidiary, Horgos Dingkun Film and Television Communication Co., Ltd. (hereinafter referred to as "Dingkun Film and Television"), which will serve as the general partner, investing 1 million yuan with its own funds, along with the company's related party, jiangxi Wen Tou ciwen pan-cultural industry investment fund (limited partnership) (tentative name, subject to final business registration.
Earnings Troubles May Signal Larger Issues for Ciwen MediaLtd (SZSE:002343) Shareholders
Ciwen Media: 2024 Third Quarter Report
ciwen media co.,ltd. (002343.SZ): plans to spend -20 million yuan to buy back shares.
On October 29, Guolonghui announced that ciwen media co.,ltd. (002343.SZ) plans to repurchase company shares through centralized competitive trading, and the repurchased shares will be used for cancellation and reduction of the company's registered capital. The total amount of funds for repurchase shall not be less than RMB 10 million (inclusive) and not more than RMB 20 million (inclusive). The price range for repurchasing shares shall not exceed RMB 9.03 per share (inclusive), and the implementation period shall not exceed 12 months from the date of approval of the share repurchase plan by the shareholders' meeting.
The Past Five-year Earnings Decline for Ciwen MediaLtd (SZSE:002343) Likely Explains Shareholders Long-term LossesNo Data
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