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China New City (01321.HK) signed settlement agreements with Hangzhou Dongfang and Zhongan Shenglong
Gelonghui, May 28, 丨 China Xincheng (01321.HK) announced matters relating to the acquisition. After the acquisition was completed, Hangzhou Oriental filed a lawsuit against Xincheng in China over the acquisition. Following court mediation, Hangzhou Dongfang and Xincheng of China signed a settlement agreement with Zhongan Shenglong, and the court informed the contracting party that the settlement agreement had entered into force on May 27, 2024. According to the settlement agreement, the contracting party agreed (among others) to: (i) pay RMB210 million to Hangzhou Dongfang in four installments, the last instalment to be paid on or before June 30, 2025, relating to Zhejiang Xinnongdu
CHINA NEWCITY: Annual Report 2023
China Xincheng (01321.HK)'s revenue for fiscal year 2023 was about 1,297 billion yuan, up 119.2% year-on-year
Gelonghui, March 26 | China Xincheng (01321.HK) announced that the Group achieved consolidated revenue of approximately RMB 1,297 billion in fiscal year 2023, an increase of 119.2% over the previous year; gross profit was approximately RMB 368 million, up 213.6% year on year, far higher than the revenue growth rate. The gross margin was approximately 28.4%, up about 8.6% from FY2022. As of December 31, 2023, the Group's total equity was approximately RMB 4,841 million, and the cash book value was approximately RMB 384 million. The group is a company integrating commercial development and operation, hotel management, film and television, education, cultural tourism, etc.
China Xincheng (01321) announced 2023 results. Losses attributable to parent company owners were about 404 million yuan, narrowing 6.6% year-on-year
China Xincheng (01321) announced its 2023 results, with revenue of about 1,297 billion yuan, an increase of 119...
CHINA NEWCITY: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2023
China Xincheng (01321.HK) plans to hold a board meeting on March 26 to approve annual results
Gelonghui, March 12, 丨 China Xincheng (01321.HK) announced that the board of directors meeting will be held on March 26, 2024 (Tuesday) to consider and approve (among other things) the consolidated financial statements of the company and its subsidiaries for the year ended 31 December 2023 and consider payment of a final dividend (if any).
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