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dingyi gp inv (00508.HK) has signed a strategic cooperation framework agreement with the digital assets trading platform BiFinance.
On November 29, Gelonghui reported that dingyi gp inv (00508.HK) announced the signing of a strategic cooperation framework agreement with the digital asset trading platform BiFinance on November 29, 2024. The agreement is based on the principles of complementary advantages, mutual benefits, and common development to carry out long-term strategic cooperation in the fields of RWA digital assets, blockchain technology, and the integration of artificial intelligence (AI). According to the disclosure, BiFinance was established in 2022 and is an internationally leading digital asset trading platform, with a business scope covering global 130.
Express News | Dingyi Group Investment - Entered Into Strategic Cooperation Framework Agreement With Digital Asset Trading Platform Bifinance
DINGYI GP INV: UNAUDITED INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
dingyi gp inv (00508.HK) expects a 74% decrease in mid-term net profit.
On November 22, Gelonghui reported that dingyi gp inv (00508.HK) announced that despite a revenue increase to 174.9 million HKD for the six months ending September 30, 2024, compared to 117.8 million HKD for the six months ending September 30, 2023, the group's expected net profit for this period is approximately 27.3 million HKD, a decrease of about 74% compared to the previous period's net profit of approximately 106.1 million HKD. The significant increase in revenue during this period is primarily due to the surge in sales recognized for properties developed by the group in china during the review period. The substantial decrease in net profit for this period is mainly due to the following factors:
Express News | Dingyi Group Investment - Expected Result Due to Fallback in Gross Profit Margin by Almost 30%, Others
Express News | Dingyi Group Investment H1 Revenue HKD 174.9 Million
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