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Litian Pictures Changes Fiscal Year
LITIAN PICTURES (09958.HK) has changed the fiscal year-end date.
Gelonghui reported on December 13 that LITIAN PICTURES (09958.HK) announced the decision to change the company's fiscal year-end date from December 31 to June 30, effective immediately. Therefore, the company's next fiscal year-end date will be June 30, 2025, and the next audited financial statements published by the company will cover an 18-month period from January 1, 2024, to June 30, 2025.
The Lunar New Year holiday is approaching! Film stocks on the Hong Kong stock market are responding positively, with ALI PICTURES rising over 5%.
① What measures has the government implemented to boost consumer spending in the film industry? ② How do the institutions view the film market in 2025?
Litian Pictures (09958) and Shanxi Ningle signed a memorandum of understanding, planning to establish a joint venture company.
Litian Pictures (09958) announced that on November 13, 2024, the company will collaborate with Shanxi Ningle Pharmaceutical Logistics...
Litian Pictures (09958.HK) plans to establish a joint venture to produce television dramas and short plays.
November 13th, Golden Hong reported that Litian Pictures (09958.HK) announced that on November 13, 2024, the company signed a memorandum of understanding with Shanxi Ninglo Pharmaceutical Logistics Co., Ltd. ("Shanxi Ninglo"). According to the memorandum of understanding, Shanxi Ninglo plans to establish a joint venture company with the company and/or its subsidiaries, and Shanxi Ninglo will provide land resources and buildings to the joint venture company for the group to use as warehouses, support, and television and film production base for making television dramas and short films. Shanxi Ninglo also plans to actively discuss other industry collaborations with the group. The detailed terms of the cooperation will be agreed upon when the formal agreement is signed. Shanxi is home to many film and television as well as
Express News | Litian Pictures - Shanxi Ningle Will Provide Land Resources and Buildings to Jv
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