Chinese Court Approves Completion of Nanjing Business & Tourism Unit's Liquidation
China's Futian District Court approved the completion of the liquidation of Nanjing Business & Tourism's (SHA:600250) subsidiary, Shenzhen Tongtai Biochemical, the company said in its filing on the
Nanjing Business & Tourism Corp., Ltd. (600250.SH): The European Cup has a certain promotion effect on the company's outbound business in Europe.
Nanjing Business & Tourism Corp., Ltd. (600250.SH) stated on the investor interaction platform on June 17 that the European Cup has a certain promoting effect on our company's outbound business to Europe, but the growth is limited due to the impact of European visa appointments and flight schedules. The company actively lays out the outbound business in Jiangsu area, and strives to promote the scale and quality of outbound tourism business.
Nanjing Business & Tourism Corp., Ltd (600250.SH): Its subsidiaries Nanjing Nanfang and Jingwei Electrical are engaged in small amount of cross-border e-commerce business.
On June 12th, Gelunhui reported that nanjing business & tourism corp., ltd. (600250.SH) stated on an investor interaction platform that in March 2024, to promote the development of the company's digital economy and new forms of foreign trade, the company jointly invested with a professional digital supply chain service institution to establish nanjing business & tourism cross-border e-commerce technology co., LTD., engaging in cross-border e-commerce business, with a registered capital of RMB 10 million yuan and is currently in the incubation period. At the same time, subsidiaries Nanjing Nanfang and Jingwei Electric also engage in small-scale cross-border e-commerce business.
Nanjing Business & Tourism Corp.,Ltd. (600250.SH) plans to acquire 100% equity of Huangpu Hotel and 49% equity of Nan Shang Yun Ying from June 11th and resume trading.
On June 7th, Gloria Hotels and Resorts (600250.SH) announced that the company intends to acquire 100% equity of Huangpu Hotel held by the tourism group and 49% equity of Nanjing Commerce and Trade Integrated Development Co.,Ltd held by Nanjing Golden Eagle World Operation Management Co., Ltd by issuing shares and paying cash and to raise supporting funds. As of the signing day of this plan (summary), the audit and evaluation of the target company has not been completed, and the evaluation value of the target assets and the transaction price have not been determined yet. This transaction is a further layout of the company in the cultural tourism industry. After the completion of this transaction, the company's main business will not change. As a high-end hotel, Huangpu Hotel offers comprehensive lodging, dining, and conference services.
Nanjing Business Travel (600250.SH): Not considering investing in low-altitude economy and artificial intelligence
Gelonghui, May 29丨Nanjing Business Travel (600250.SH) said on the investor interactive platform that the company's controlling shareholder Travel Group's commitment period to promote the transformation of listed companies ends at the end of 2024 and is being implemented step by step within 5 years. Up to now, it can be effectively carried out according to the promised time points. The company will continue to monitor and promote the fulfillment of the controlling shareholders' subsequent commitments, sort out and standardize the integration of travel asset resources within the group, with the aim of improving the profitability and asset quality of listed companies. The company is currently not considering investing in low-altitude economy and artificial intelligence.
[BT Financial Report Momentary Analysis] In-depth Analysis of Nanjing Business Travel 2023 Report: Transformation and Upgrading Shows Results
Nanjing Business Travel (stock code: 600250), as a well-known domestic travel and trade service provider, showed strong development momentum in 2023 against the backdrop of weak global economic growth. By actively seizing market recovery opportunities, the company successfully changed its name to “Nanjing Business Travel” and achieved high-quality business growth driven by the “tourism+commerce” dual business strategy. In terms of assets and liabilities, the total assets of Nanjing Business Travel declined slightly from 1,701 billion yuan in 2022 to 1,675 billion yuan, reflecting the company's optimization of its asset structure. Total liabilities were reduced from $970 million to 8 million.
Nanjing Business Travel (600250.SH) plans to acquire 100% of Huangpu Hotel's shares, 49% of Nanshang Operation's shares, and suspends trading of supporting fund-raising stocks
Nanjing Business Travel (600250.SH) announced that the company is planning to purchase Nanjing by issuing shares and paying cash...
Nanjing Business Travel (600250.SH): Controlling shareholder Travel Group's commitment period to promote the transformation of listed companies ends at the end of 2024
Gelonghui, May 17丨Nanjing Business Travel (600250.SH) said on the investor interactive platform that the company's controlling shareholder Travel Group's commitment period to promote the transformation of listed companies ends at the end of 2024, and can be implemented in stages within 5 years. Up to now, the company will continue to monitor and promote the fulfillment of the controlling shareholders' follow-up commitments, sort out and standardize the integration of the group's internal tourism asset resources, with the aim of improving the profitability and asset quality of listed companies, and studying and implementing asset integration plans.
Nanjing Business & Tourism Corp.,Ltd.'s (SHSE:600250) Share Price Is Still Matching Investor Opinion Despite 25% Slump
Nanjing Business & Tourism Corp.,Ltd. (SHSE:600250) shares have retraced a considerable 25% in the last month, reversing a fair amount of their solid recent performance. Still, a bad month hasn't c
Nanjing Business Travel (600250.SH) announced first-quarter results, net profit of 17.5939 million yuan, an increase of 170.22% year on year
According to the Zhitong Finance App, Nanjing Business Travel (600250.SH) released its report for the first quarter of 2024, with revenue of 207 million yuan, an increase of 3.08% over the previous year. Net profit attributable to shareholders of listed companies was 17.5939 million yuan, an increase of 170.22% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 5.7638 million yuan, a year-on-year decrease of 9.62%. Basic earnings per share were $0.06.
Nanjing Business Travel (600250.SH): Currently, the trade business still accounts for the highest share of revenue in the main business
Gelonghui, April 18 | Nanjing Business Travel (600250.SH) said on the investor interactive platform that the trade business still accounts for the highest share of revenue in the company's main business. Facing the upcoming May Day holiday, the company's travel-related projects have arranged publicity and promotion plans.
Nanjing Business Travel (600250.SH): The company's travel sector is currently not engaged in low-altitude sightseeing (hot air balloon) business
Gelonghui, April 16 | Nanjing Business Travel (600250.SH) said on the investor interactive platform that the company's subsidiary Nanshang Operation is mainly engaged in the retail business of department stores, including gold and jewelry sales for brands such as Zhou Dafu, Lao Fengxiang, and Baoqing Yinlou. The company's travel division does not currently carry out low-altitude sightseeing (hot air balloon) business.
Do Its Financials Have Any Role To Play In Driving Nanjing Business & Tourism Corp.,Ltd.'s (SHSE:600250) Stock Up Recently?
Nanjing Business & TourismLtd's (SHSE:600250) stock is up by a considerable 18% over the past month. We wonder if and what role the company's financials play in that price change as a company's long
Nanjing Business Travel (600250.SH): No hotel business
Gelonghui March 15 | Nanjing Business Travel (600250.SH) said on the investor interactive platform that the company has no hotel business.
Nanjing Business & Tourism Corp.,Ltd. (SHSE:600250) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Nanjing Business & Tourism Corp.,Ltd. (SHSE:600250) shareholders are no doubt pleased to see that the share price has bounced 35% in the last month, although it is still struggling to make up recently
Returns At Nanjing Business & TourismLtd (SHSE:600250) Are On The Way Up
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. One common approach is to try and find a company with return
The Total Return for Nanjing Business & TourismLtd (SHSE:600250) Investors Has Risen Faster Than Earnings Growth Over the Last Three Years
It might be of some concern to shareholders to see the Nanjing Business & Tourism Corp.,Ltd. (SHSE:600250) share price down 25% in the last month. But that doesn't undermine the rather lovely longe
Nanjing Business Travel (600250.SH): Only involves trade operations in a small number of “Belt and Road” countries and regions
Gelonghui, January 23丨Nanjing Business Travel (600250.SH) said on the investor interactive platform that the company is only involved in trade operations in a small number of “Belt and Road” countries and regions.
Nanjing Business Travel (600250.SH): The company operates normally without delisting
Gelonghui, January 15 | Nanjing Business Travel (600250.SH) said on the investor interactive platform that the company operates independently according to law, bears its own profits and losses, and distributes profits to shareholders on the premise that certain conditions are met in accordance with the “Company Law”, “Articles of Association” and relevant regulations of the Securities Regulatory Commission and the Shanghai Stock Exchange. The company operates normally and does not involve delisting.
Nanjing Xinbai (600682.SH): The company's department store division has no business dealings with Nanjing Business Travel
Gelonghui, January 10丨Nanjing Xinbai (600682.SH) said on an interactive platform that Nanjing Xinbai is not the controlling shareholder of Nanjing Tourism Group. The company's department store division has no business dealings with Nanjing Business Travel.
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