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China Software 2024 Annual Results Forecast Loss Announcement
Gelonghui announcement summary | Dong-E-E-Jiao: Net income for the fiscal year 2024 is expected to increase by 30%-39%; China National Software & Service: Expected loss of 0.39 billion yuan to 0.465 billion yuan for the year 2024.
【Hot Topics】Fanli Digital Technology (600228.SH): The company's stocks may be subject to delisting risk warning. Hainan Yedao (600238.SH): The company's stocks may be subject to delisting risk warning. Qinghai Huading Industrial (600243.SH): The company's stocks may be subject to delisting risk warning. Ningbo Bird Co.,Ltd. (600130.SH): The company's stocks may be subject to delisting risk warning. Hubei Huarong Holding (600421.SH): Stocks may be subject to delisting risk warning. 【Project Investment】SKSHU Paint (603737.SH): Plans to invest in the construction of a high-tech materials comprehensive industrial park project (Phase II).
China National Software & Service (600536.SH) announced a preliminary loss, expecting a net loss of 0.39 billion yuan to 0.465 billion yuan for the fiscal year 2024.
China National Software & Service (600536.SH) issued an announcement regarding a projected annual loss for 2024, expecting to achieve...
Anxious Wang Wenjing: Is the "parachuted" president going to resolve the crisis as Youyou's losses deepen? | BUG
In Jiangxi, Wang Wenjing, the former "richest man" who founded Yonyou Network Technology, is now caught in the anxiety of worsening losses at his company and frequent changes in the senior management team. Recently, the financial software giant Yonyou Network Technology announced that "Director and President Chen Qiangbing resigned due to work adjustments and will continue to serve as Chairman and President of the subsidiary Newdao Technology, while former SAP Global Executive Vice President and President of Greater China Huang Chenhong will take over the President position." It is worth noting that in January 2024, Chen Qiangbing just took over the presidency from Yonyou Network's founder Wang Wenjing, and now only a year has passed.
Hong Kong stock movement | KINGDEE INT'L (00268) soared more than 4% during intraday trading. China National Software & Service spending prospects are strong for the next three years, with an improvement in industry profitability by 2025.
KINGDEE INT'L (00268) rose over 4% during the session, as of the time of writing, it has increased by 4.64%, trading at 8.34 HKD, with a transaction volume of 52.5242 million HKD.
[Brokerage Focus] Citigroup: The outlook for China's software spending is optimistic for the next three years. The top choice is KINGDEE INT'L (00268).
KINGDEE INT'L | Citigroup reports that China's software spending remained stable last year, with an optimistic outlook for the next three years. It is expected that related spending will accelerate this year, and the report believes that the profitability of China's software industry will improve this year, mainly due to strict cost control. The firm stated that spending on AI software will grow rapidly, recommending KINGDEE INT'L (00268) as the top stock, and giving 'outperform' ratings to Iflytek Co.,ltd., TRAVELSKY TECH (00696), CHINASOFT INT'L (00354), and Glodon.