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Investor Optimism Abounds Shenzhen Cheng Chung Design Co., Ltd. (SZSE:002811) But Growth Is Lacking
Cheng Chung Design to Buy Low-Risk Financial Products for 580 Million Yuan
Shenzhen Cheng Chung Design (002811.SZ): Buyback completed with a total expenditure of 50.0011 million yuan for the repurchase of 8.0498 million shares.
On February 6, Glonghui reported that Shenzhen Cheng Chung Design (002811.SZ) announced that as of February 5, 2025, the company had cumulatively repurchased 8,049,798 shares through the repurchase dedicated securities account via centralized bidding, accounting for 2.8312% of the company's current total equity. The highest Fill Price was 6.80 yuan per share, the lowest Fill Price was 5.66 yuan per share, and the total amount of the transaction was 50.0011 million yuan (excluding trading commissions and other transaction fees). This repurchase plan has been completed.
Zheng Zhong Design: Briefing on the main business conditions of the decoration business in the fourth quarter of 2024
Zheng Zhong Design: 2024 Annual Performance Forecast
Shenzhen Cheng Chung Design (002811.SZ): Expected net income for 2024 is 85 million yuan to 0.11 billion yuan, turning profitable year-on-year.
On January 22, Gelonghui reported that Shenzhen Cheng Chung Design (002811.SZ) announced an estimated Net income of 85 million to 110 million yuan for 2024, turning a profit compared to the previous year, with a non-recurring Net income of 51 million to 76 million yuan, also turning a profit year-on-year. 1. During the reporting period, the company continued to strengthen its design brand development and market expansion, consistently enhancing its soft decoration Business expansion and team building, leading to growth in the company's design and soft decoration Business income; at the same time, the company strictly controlled various costs and expenses, improving operational efficiency, which drove the company's Net income to increase compared to the same period last year. 2. During the reporting period, the company continued to intensify collection efforts.
Shenzhen Cheng Chung Design Co., Ltd. (SZSE:002811) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely