No Data
No Data
Revenues Not Telling The Story For Zhejiang Furun Digital Technology CO.,LTD (SHSE:600070) After Shares Rise 55%
Zhejiang Furun Digital Technology (600070.SH): Cumulative repurchase of 0.539% of shares.
Zhejiang Furun Digital Technology (stock code: 600070.SH) announced on August 2nd that by July 31st, 2024, the company had repurchased a total of 2.7359 million shares through centralized bidding trading, accounting for 0.539% of the total share capital. The highest price of the repurchased shares was 0.99 yuan/share, the lowest was 0.93 yuan/share, and the total amount paid was 2.6376 million yuan (excluding transaction fees).
Zhejiang Furun Digital Technology (600070.SH): Cumulative repurchases 0.41% of shares.
On July 17th, Gelon Hui reported that Zhejiang Furun Digital Technology (600070.SH) announced that as of July 17th, 2024, the company had repurchased a total of 2.0795 million shares through centralized bidding trading, and the repurchased shares accounted for 0.410% of the company's total share capital. The highest purchase price was 0.97 yuan/share and the lowest price was 0.93 yuan/share. The total amount paid was 1.9878 million yuan (excluding transaction fees). All repurchases comply with relevant laws and regulations and the company's share repurchase program.
2024 Interim Performance Forecast
Zhejiang Furun Digital Technology (600070.SH) released a profit warning, with an expected net loss of 85 million yuan to 95 million yuan for the first half of the year.
Zhejiang Furun Digital Technology (600070.SH) announced that the company is expected to report a net loss attributable to shareholders of the listed company of between 85 and 95 million yuan in the first half of 2024. The company had a loss of 1.1 billion yuan in the same period last year. The company's wholly-owned subsidiary, Hangzhou Taiyi Zhishang Technology Co., Ltd, has completely stopped traditional internet marketing business, and the receivable collection period has been extended. According to the current accounting policies, the credit impairment loss on part of the accounts receivable is provisioned during the reporting period, which has affected the interim business performance.
Zhejiang Furun Digital Technology (stock code 600070.SH): the stock could be terminated from listing due to its price falling below 1 yuan.
On July 8th, Gelunhui reported that according to the provisions of Article 9.2.1, paragraph 1, item 1 of the Rules Governing the Listing of Stocks on the Shanghai Stock Exchange (revised in April 2024), if the daily closing price of a company's A shares listed on the Shanghai Stock Exchange is less than 1 yuan for 20 consecutive trading days, the company's stock may be delisted by the exchange. On July 8th, 2024, the closing price of the company's stock was 0.98 yuan/share, which is less than 1 yuan and poses a risk of being delisted due to the low stock price.
No Data