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Is Wuxi Online Offline Communication Information Technology (SZSE:300959) Using Debt In A Risky Way?
Online and offline (300959.SZ): The digital marketing Business is procuring media resources from the media platform under ByteDance.
Gelonghui, on December 18, announced on the investor interaction platform that Online & Offline (300959.SZ) stated that the company's digital marketing Business acquires media resources from ByteDance's media platforms (such as Douyin, Toutiao, and Xigua Video). For specific business details, please refer to the company's regular reports.
Online and offline (300959.SZ): Currently, there is no direct Business collaboration with Doubao.
On December 16, Gelonghui stated on the investor interaction platform that the company currently has no direct Business cooperation with Doubao.
Goldman Sachs: Maintains TUHU-W "Buy" rating, with the Target Price raised to HKD 24.5.
Goldman Sachs released a research report stating that it maintains a "Buy" rating for TUHU-W (09690), with the Target Price raised by 8.8% from HKD 22.5 to HKD 24.5. The bank expects that TUHU, as China's largest integrated online and offline Car Service platform, will enjoy sustained operational leverage and efficiency improvements, thereby reducing operating expense ratios. Coupled with an improvement in gross margin, this is expected to lead to years of operational profit expansion, with a projected compound annual growth rate of net profit of 35% from 2023 to 2026. Goldman Sachs believes that TUHU is the largest independent Automotive Aftermarket (IAM) supplier in China, leveraging its lower and more transparent pricing and revenue-generating capabilities.
Xin Xuan and Kid King have established a joint venture company, with Xin Ba stating that he will personally oversee the execution.
On the afternoon of December 5th, according to Sina Technology news, on December 4th, Xin Xuan Group's founder Xin Youzhi (online name Xinba) had a discussion with Wang Jianguo, Chairman of Singholdings Group and Chairman of Haizi King Corporation. During the discussion, Xinba shared the development trends of the live streaming e-commerce industry and the logic behind the live streaming e-commerce supply chain. He mentioned that Haizi King has an absolute scene advantage in the maternal and child field and under the support of digitization, there is a lot of room for imagination in the future. By combining with the live streaming e-commerce supply chain, they can focus on user-centric categories and scene extensions. Xinba also stated that for cooperation projects, he will personally direct and handle them.
Online and offline (300959.SZ): No shares have been repurchased yet.
Gelonghui, December 3丨Online and offline (300959.SZ) announced that from the date the board of directors reviewed and approved the share buyback plan until November 30, 2024, the company has not yet repurchased shares.
Wuxi Online Offline Communication Information Technology Co., Ltd.'s (SZSE:300959) 25% Share Price Plunge Could Signal Some Risk
