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*ST Kaiyuan: 2024 Annual Performance Forecast
*Special Treat Kaiyuan (300338.SZ): Expected loss in 2024 is 90 million yuan to 0.18 billion yuan.
Glory Exchange reported on January 20 that Special Treat Kaiyuan (300338.SZ) expects a loss of 90 million to 180 million yuan in 2024, with a non-recurring loss of 80 million to 160 million yuan, and revenue of 150 million to 190 million yuan. During the reporting period, the company experienced losses mainly due to: (1) a significant decline in revenue; (2) the impact of credit impairment losses.
More Unpleasant Surprises Could Be In Store For Kaiyuan Education Technology Group Co., Ltd.'s (SZSE:300338) Shares After Tumbling 26%
Further Weakness as Kaiyuan Education Technology Group (SZSE:300338) Drops 21% This Week, Taking Five-year Losses to 64%
*Special treat Kaiyuan (300338.SZ): Shanghai Hengqi signs a debt transfer agreement.
On December 9, Gelonghui announced that *ST Kaiyuan (300338.SZ) will sign a creditor rights transfer agreement with its wholly-owned subsidiary Shanghai Hengqi Vocational College Co., Ltd. (hereinafter referred to as "Shanghai Hengqi") to better support the operation and development of the company and its subsidiaries, maintain the strategic development needs of the company and the interests of all shareholders. The Shenzhen Jiadao Engineering Private Equity Fund (Limited Partnership) (hereinafter referred to as "Jiadao Engineering") will transfer its 57.994 million yuan receivables from Shanghai Tianhu Cloud Education Technology Co., Ltd. (hereinafter referred to as "Shanghai Tianhu") to Jiadao Engineering at book value.
*ST Kaiyuan (300338.SZ): wholly-owned subsidiary received a cash asset of 0.23 billion yuan.
*ST Kaiyuan (300338.SZ) announced on December 9 that its wholly-owned subsidiary Hengqi Education intends to receive Cash / Money Market Assets worth 0.23 billion yuan, with the donor being the related party Jiadao Engineering.