Further Upside For XJ International Holdings Co., Ltd. (HKG:1765) Shares Could Introduce Price Risks After 25% Bounce
XJ INTL HLDGS (01765.HK) plans to sell 100% equity of Silver Mingde Education for 0.11 billion yuan.
On February 13, Glonghui announced that XJ INTL HLDGS (01765.HK) entered into an Equity Transfer agreement on February 13, 2025, between the seller, SiChuan HOPE EDU Industry Group Co., Ltd., and the buyer, Lanzhou Hengwen Middle School New Campus Limited Liability Company. According to this agreement, the seller conditionally agrees to (i) transfer 100% equity of the target company, Silver Mingde Education Limited Liability Company, and its affiliated entities ("target entity") at a transfer price of RMB 0.11 billion; and (ii) take over a shareholder loan owed by the target entity to the seller amounting to RMB 0.2 billion, which may be adjusted according to the terms and conditions of the Equity Transfer agreement.
Express News | Xj International - Sichuan Hope Education Industry to Transfer 100% Stake in Baiyin Mingde Education for RMB109.89 Mln
CITIC SEC: "The arrival of Deepseek Singularity" will likely accelerate the commercialization phase of Education + AI by 2025.
Xin Securities published a Research Report stating that recently, companies in the Education sector have been embracing Deepseek, and the strong reasoning capability of AI large models is expected to accelerate the commercialization phase of Education + AI.
XJ International CFO Resigns; Successor Named
XJ INTL HLDGS (01765.HK) appointed Wang Xiaowu as a non-executive Director.
On January 23, Gelonghui announced that Mr. Li Tao has resigned as a non-executive Director, a member of the Audit Committee, a member of the Global Strategy and Development Committee, and as an authorized representative under Rule 3.05 of the Hong Kong Stock Exchange due to changes in work arrangements. Mr. Wang Xiaowu has been appointed as a non-executive Director, a member of the Audit Committee, and a member of the Global Strategy and Development Committee. Mr. Yuan Junmin has resigned from the position of Financial Director due to changes in work arrangements. After Mr. Yuan's resignation, Mr. Yang Wen has been appointed as the Financial Director, effective January 23, 2025.
Express News | Hope Education - Yuan Junmin Resigned as Chief Financial Officer
Hong Kong stocks fluctuated | Education stocks surged in early trading, TIANLI INT HLDG (01773) rose nearly 6%, NEW ORIENTAL-S (09901) rose nearly 6%.
Education stocks rose broadly in early trading. As of the time of writing, TIANLI INT HLDG (01773) is up 5.9%, trading at 4.13 HKD; NEW ORIENTAL-S (09901) is up 3.8%, trading at 47.75 HKD; FENBI (02469) is up 2.87%, trading at 2.51 HKD; CHINA EAST EDU (00667) is up 1.97%, trading at 2.59 HKD.
XJ INTL HLDGS: Annual Report 2024
XJ International Hearing Against Winding Up Petition Set for April 17
XJ INTL HLDGS (01765.HK): The appeal hearing is scheduled for April 17, 2025.
On December 18, Gralonghui reported that XJ INTL HLDGS (01765.HK) announced details regarding (including) the petition for winding-up against the company, the application for a recognition order, the appointment of a financial adviser, the request to the High Court to withdraw the winding-up petition, and the appellant's notice of appeal submitted to the Court of Appeal regarding the High Court's winding-up petition withdrawal order issued on August 28, 2024. The appeal hearing is scheduled for April 17, 2025. The company will make further announcements at an appropriate time to inform its Shareholders and investors of any significant developments regarding the above matters.
Additional Considerations Required While Assessing XJ International Holdings' (HKG:1765) Strong Earnings
XJ International Appoints Chief Investment Officer
xj intl hldgs (01765.HK): Yang Wen has been appointed as Chief Investment Officer.
Glory Exchange reported on December 4 that xj intl hldgs (01765.HK) announced that starting from December 4, 2024, Yang Wen has been appointed as the Chief Investment Officer. He will primarily be responsible for managing the group's existing investment and financing portfolio, optimizing the group's capital structure, participating in significant capital operation work of the group, and conducting risk management and financial assessments. He will also be responsible for executing the group's investment strategy and providing advice on potential investment projects.
XJ International Reports Higher Fiscal 2024 Profit; Shares Up 10%
Express News | Xj International - FY Revenue RMB3,732.07 Mln
xj intl hldgs (01765.HK) achieved an adjusted net profit of 0.693 billion yuan for the year.
On November 29, Glacier Investment announced that for the year ending August 31, 2024, the group's revenue was RMB 3,732.07 million, an increase of RMB 150.44 million compared to RMB 3,581.63 million for the year ending August 31, 2023. This increase was mainly due to an increase in the number of students enrolled and an enhancement in fee standards. For the year ending August 31, 2024, the group's adjusted gross margin was 43.45%, compared to 49.16% for the year ending August 31, 2023.
XJ Intl Hldgs (01765.HK) plans to transfer 100% equity of EdGiant Education and WuHu Real Estate for 0.42 billion yuan.
On November 29, according to a report by Gelonghui, xj intl hldgs (01765.HK) announced that on November 29, 2024, the buyer (Leike Holdings and Nanfeng Company) and the seller Sichuan hope edu and Chengdu Jinyuhua signed an equity transfer agreement, whereby the seller conditionally agrees to transfer and the buyer conditionally agrees to acquire (1) 100% of the shares of the target company (Giant Education and Wuhu real estate); and (2) all operational rights and interests of the target college owned by Giant Education, with a total valuation of 0.54 billion yuan. After deducting the total external liabilities disclosed on the transaction date, the total transaction price is expected to be 0.42 billion yuan, final amount.
Express News | Xj International Holdings - Lou Qunwei Has Resigned as an Executive Director
Express News | Xj International Holdings - Total Transaction Consideration Is Estimated to Be RMB420 Mln