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Nanjing Xinjiekou Department Store (600682.SH): A subsidiary intends to invest 26 million USD in the Dongfanghong Global Allocation Fund independent investment portfolio.
Gelonghui, March 26 - Nanjing Xinjiekou Department Store (600682.SH) announced that its wholly-owned subsidiary, Shiding Shengwu Biotechnology (Hong Kong) Trading Limited, intends to use 26 million USD of idle self-owned funds to invest in the Dongfanghong Global Allocation Fund's independent investment portfolio. The main investment objective of the independent investment portfolio is to invest in low-risk to medium-risk products (such as fixed income securities, financial debts and debt-related securities, deposits, certificates of deposit, fixed and floating rate investments).
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What Does Nanjing Xinjiekou Department Store Co., Ltd.'s (SHSE:600682) Share Price Indicate?
Some Investors May Be Worried About Nanjing Xinjiekou Department Store's (SHSE:600682) Returns On Capital
Nanjing Xinjiekou Department Store (600682.SH): Elected Cai Yong as Director.
On December 30, Gelonghui reported that Nanjing Xinjiekou Department Store (600682.SH) held the fifteenth meeting of the tenth Board of Directors on December 30, 2024. The meeting reviewed and approved the "Proposal for the Election of the Chairman of the Tenth Board of Directors," electing Mr. Cai Yong as the chairman of the company's tenth Board of Directors, with a term starting from the date of the Board's approval until the current Board's term ends. At the same time, according to the company's articles of association, the legal representative of the company will be changed to Mr. Cai Yong, and the company will complete the corresponding business registration change procedures as soon as possible.
Nanjing Xinjiekou Department Store (SHSE:600682) Stock Falls 15% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend