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What Zhejiang Orient Financial Holdings Group Co., Ltd.'s (SHSE:600120) 75% Share Price Gain Is Not Telling You
Zhejiang Orient Financial Holdings Group (600120.SH) and its managed private equity funds have not directly or indirectly invested in DeepSeek.
On February 11, Gelonghui reported that Zhejiang Orient Financial Holdings Group (600120.SH) announced the following regarding the recently market-concerned "DeepSeek Concept": DeepSeek is a large model under Hangzhou Deep Seeking AI Basic Technology Research Co., Ltd. (hereinafter referred to as "Deep Seeking"). In response to concerns from the Capital Markets, the company confirmed that as of the date of this announcement, the names of the companies in the Fund Sector that the company has invested in, such as Peking Deep Search Technology Co., Ltd. and Peking Nine Chapters Cloud Extreme Technology Co., Ltd., are quite similar to those of Deep Seeking and its affiliated enterprises, but there is no equity investment relationship.
Zhejiang Orient (600120.SH) has experienced a three-day trading limit: the company's main Business has not undergone significant changes.
Zhejiang Orient Financial Holdings Group (600120.SH) issued a risk warning announcement stating that the company addressed the recent market concerns regarding "DeepS...
Zhejiang Dongfang: Zhejiang Oriental Financial Holding Group Co., Ltd. 2024 Annual Results Forecast
Zhejiang Oriental Financial Holding Group Co., Ltd. 2024 Annual Results Forecast
Zhejiang Orient Financial Holdings Group (600120.SH): The net profit is expected to increase by about 95% in 2024.
Gelonghui, January 22 - Zhejiang Orient Financial Holdings Group (600120.SH) announced its annual performance forecast for 2024. According to the initial calculations by the company's financial department, it is expected to achieve a net income attributable to the parent company's owners of 0.947 billion yuan in 2024, which will increase by approximately 0.462 billion yuan compared to the same period last year (data disclosed in the 2023 annual report), representing an increase of about 95%; compared to the same period last year (2023 financial data restated), it will increase by approximately 0.407 billion yuan, representing an increase of about 75%; it is expected that in 2024, the net income attributable to the parent company's owners, after deducting non-recurring gains and losses, will be 2.
There's No Escaping Zhejiang Orient Financial Holdings Group Co., Ltd.'s (SHSE:600120) Muted Earnings