02376 LUSHANGSERVICES
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LUSHANGSERVICES News
Zhongzhi Property Research: In July, the TOP 50 property service enterprises added a total contracted area of about 96.16 million square meters.
Top 50 Chinese property service companies with newly added contract area in July 2024.
Lucommerce Service (02376.HK) has appointed ShineWing Zhonghua Certified Public Accountants as the company's new auditor.
On June 3rd, Gelunhui announced that Lushang Service (02376.HK) has completed its internal audit procedures and appointed Xinyong Zhonghe as the company's new auditor to fill the temporary vacancy after Dahua resigned. The term will begin on June 3, 2024 and end at the end of the annual shareholders' meeting held by the company on June 28, 2024.
Lu Shang Service (02376): Xinyong Zhonghe is appointed as the new auditor.
Lu Merchants Service (02376) announced that ShineWing has completed its internal auditing procedures and has been appointed as the company's new auditor...
Lu Shang Service (02376.HK) appoints Nakanaga Zhonghe as new auditor
Gelonghui, May 28, 丨 Lushang Service (02376.HK) announced that Dahua has resigned as the company's auditor with effect from May 28, 2024. The board of directors decided to appoint Shinyong Chung-ho as the company's new auditor to fill the temporary vacancy after Dahua's resignation and serve until the end of the recent Annual General Meeting of Shareholders (expected to be held on or before June 30, 2024).
Trending Industry Today: EVERG SERVICES Leads Gains In Mainland Property Management Stocks
Lushang Life Services' (HKG:2376) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Lu Shang Service (02376.HK): Wang Zhongwu resigns as general manager of the company
Gelonghui, April 26, 丨 Lu Shang Service (02376.HK) announced that the board of directors received the resignation report of Mr. Wang Zhongwu, executive director, chairman and general manager of the company on April 26, 2024. Due to the work schedule, Mr. Wang will no longer be the general manager of the company, effective April 26, 2024. Following his resignation as general manager, Mr. Wang continued to serve as Executive Director of the Board, Chairman of the Board, Member of the Remuneration Committee, and Chairman of the Strategy and ESG Committee. Mr. Liu Jiapeng, the company's deputy general manager, will temporarily assume the role of general manager until the board of directors appoints a new general manager. The company will select and appoint a new general manager as soon as possible in accordance with legal procedures.
LUSHANGSERVICES: 2023 ANNUAL REPORT
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Lushang Service (02376.HK) annual profit of about 40.3 million yuan decreased by about 48.7% year-on-year
On March 22, GLONGHUI | Lu Shang Service (02376.HK) announced that for the year ended December 31, 2023, the Group's total revenue was approximately RMB 621.0 million, a year-on-year decrease of about 1.1%. The Group's profit was approximately RMB 40.3 million, a year-on-year decrease of approximately 48.7%. The Board of Directors never recommended the payment of any final dividend for the year. As of December 31, 2023, the Group's construction area under management was 23.1 million square meters, an increase of 1.0% over December 31, 2022.
LUSHANGSERVICES: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
Lushang Service (02376.HK) will hold a board meeting on March 22 to approve the annual results
Gelonghui March 12 | Lu Shang Service (02376.HK) issued an announcement. The board meeting will be held on March 22, 2024 to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and to consider recommending payment of a final dividend (if any).
Everbright Securities: Stable property fundamentals, slow release of risk factors, seize lower sector allocation opportunities
Property fundamentals are stable, risk factors are mitigated, and opportunities at the bottom of the sector are seizing allocation opportunities.
Selected Announcements | Country Garden was petitioned for liquidation by Ever Credit; China Exempts China to invest an additional 1.1 billion yuan in duty-free shopping
Nine Dragons Paper announced interim results, with shareholders accounting for a profit of 292 million yuan, turning a year-on-year loss into a profit; Fuzhikang Group issued a profit warning and expects a consolidated net loss of about US$120.8 million in 2023.
Lushang Life Services to Sell Construction Wing to Affiliate
Lushang Life Services to Buy Smaller Rival for 5 Million Yuan
Lushang Service (02376.HK) plans to acquire 100% of Shandong Lujian's shares for 4.883,000 yuan
Gelonghui, February 27, 丨 Lu Shang Service (02376.HK) announced that on February 27, 2024, the company (as the buyer) signed an equity transfer agreement with Lushang Freda (600223.SH) (as the seller) and Shandong Lu Jian (as the target company) to trade 100% of Shandong Lu Jian's total shares. The cost under the share transfer agreement is RMB 4.8783 million. As of the date of this announcement, Shandong Lujian is 100% owned by Lushang Freda, so Shandong Lujian is a wholly-owned subsidiary of Lushang Freda. After the equity transfer agreement is completed, Shandong Lu Jian will become the company's direct
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
Zhongtai Securities's 24-year property strategy: real estate-related businesses further decline leading companies or gradually increase dividend distribution rates
According to a research report released by Zhongtai Securities, property and real estate have been further decoupled, and the share of revenue and profit from real estate-related businesses in financial reports has declined further, and impairment from real estate business has also decreased marginally. In addition, leading property companies are gradually increasing their dividend distribution ratio. As the property industry reduces large-scale mergers and acquisitions and enters a period of steady growth, the distribution rate is expected to increase further.
CITIC Securities: Steady progress in the property industry, leading the way and continuing to grow
The Zhitong Finance App learned that CITIC Securities released a research report saying that the basic stock market in the property industry is stable, cost-side pressure is low, and performance transparency is high. If enterprises can control repayment risks during growth and expansion, then it is entirely possible for companies to achieve a steady increase in performance.
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