01740 VALUES CULTURAL
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VALUES CULTURAL News
Values Cultural Posts Lower Revenue and Higher Loss
VALUES CULTURAL: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the gaming and IP reserve products are abundant, and the gaming sector may usher in a new product cycle.
Values Cultural Investment Plans Financial Review
Values Cultural (01740.HK) held a board of directors meeting on August 29 to consider and approve its interim results.
Values Cultural (01740.HK) announced that the board of directors meeting will be held on August 29, 2024 (Thursday), to consider and approve the unaudited comprehensive mid-term performance of the company and its subsidiaries as of June 30, 2024, and to issue interim dividends (if any).
Values Cultural Investment Appoints Alternate Director
Xinshi Culture (01740.HK): Liu Naiyue appoints Ouyang Mingxian as replacement director
Gelonghui, May 24, 丨 Xinshi Culture (01740.HK) announced that Liu Naiyue, chairman of the board of directors and executive director, has appointed one of the company's co-company secretaries and authorized representative, Ouyang Mingxian, as a replacement director to represent him at the company's annual general meeting (and any adjournment thereof) (the “meeting”) to be held on May 30, 2024 (Thursday), effective May 24, 2024. The appointment will end after the general meeting.
VALUES CULTURAL: Annual Report 2023
Xinshi Culture (01740) announced annual results. Shareholders' losses of 99.444 million yuan decreased by 29.72% year-on-year
Xinshi Culture (01740) announced the results for the year ended December 31, 2023. The group reaped benefits, people...
VALUES CULTURAL: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2023
Xinshi Culture (01740.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui March 15 | Xinshi Culture (01740.HK) issued an announcement. The board meeting will be held on March 28, 2024 to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended December 31, 2023, and consider declaring a final dividend (if any).
Guoxin Securities: Content-side supply quality is expected to improve in 24 years, and the recovery of movies is more optimistic
The Zhitong Finance App learned that Guoxin Securities released a research report saying that looking ahead to 2024, the quality of content-side supply is expected to improve, and the recovery of movies is more optimistic.
Cathay Pacific Junan: AI video popularity heats up, and the film and television industry welcomes a transformation point
The startup Lighttricks released LTX Studio, an AI-driven video generation and editing software on March 1, 2024. Channel companies, content production, IP and marketing companies are expected to benefit.
The film and television entertainment sector rose collectively, and Maoyan Entertainment (01896) rose 12.76%. The total box office (including pre-sales) broke 10 billion dollars in February this year
Jinwu Financial News | The film and television entertainment sector rose collectively. As of press release, Starry Sky Chinese (06698) rose 13.64%, Maoyan Entertainment (01896) rose 12.76%, Xinshi Culture (01740) rose 11.7%, IMAX China (01970) rose 4.69%, and Emperor Cultural Industry (00491) rose 4.44%. According to Lighthouse Professional Edition data, the total box office (including pre-sales) broke 10 billion in February 2024. “Hot and Hot”, “Fast & Furious Life 2”, and “Article 20” are temporarily in the top three box office this month.
Xinshi Culture (01740) fell 3.70% and is now reported at 0.053 yuan, hitting a 52-week low
As of 14:31 Xinshi Culture (01740), the closing price of Xinshi Culture (01740) fell 3.70% from yesterday's closing price. It is now reported at $0.053, a 52-week low; the turnover volume is 58,000 shares, with a turnover of HK$31,700.
CICC: Focus on investment opportunities brought about by the advantages of the business models of leading companies in the media industry and their potential for profit growth
According to a research report released by CICC, in 2023, the media industry was mainly guided by the normalization of content, continuous implementation of cost reduction and efficiency, and the development of new technologies. Sectors driven by new technologies, new applications, and new forms, such as AI, short interactive dramas, and interactive dramas, etc., were more active in theme growth.
Box Office Collections Top 50 Billion Yuan Mark
National Bureau of Statistics: In the first three quarters, enterprises in cultural and related industries above the national scale achieved a 7.7% year-on-year increase in operating income
On October 30, Zhang Peng, senior statistician of the Department of Social Science and Literature of the National Bureau of Statistics, interpreted data on cultural and related industry enterprises on a national scale and above for the first three quarters of 2023.
VALUES CULTURAL: Interim Report 2023
CICC National Day movie preview: New high summer box office boosts recovery confidence, focuses on rising economic growth and box office elasticity
The bank predicts that the box office for the 2023 National Day program (September 29 to October 6), including service fees, is expected to reach 43.8/48.6/5.40 billion yuan under conservative/neutral/optimistic conditions, respectively. The growth rate compared to the 2019 National Day program is -2.0%/8.7%/20.8%, respectively. The bank believes that the summer program lays a good foundation for recovery, and expects the National Day program to perform steadily at the box office.
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