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Cultural Investment HoldingsLtd (SHSE:600715) Shareholders Are up 13% This Past Week, but Still in the Red Over the Last Five Years
ST Wentou (600715.SH): Multiple project teams have been established to develop new gaming products.
Gelonghui, September 25th | *ST Wentou (600715.SH) stated at the performance briefing that the company is continuously advancing the integrated operation global strategy of the gaming business, striving to create high-quality works with emotions, warmth, and value, and achieve the refined operation of game products in the long term. Currently, the company has established multiple project teams to develop new game products, with many games actively in progress, covering various genres such as ARPG, card games, SLG, H5, involving themes like Three Kingdoms, martial arts, barrage shooting, open world, cultivation adventures, incorporating elements welcomed by players. At the same time, to adapt to changes in the gaming market.
*ST Wentou (600715.SH): Wenke Science Group currently manages 13 secondary enterprises, with total assets of nearly 9 billion yuan.
Gelonghui September 25th丨*ST Wentou (600715.SH) stated at the performance briefing that in order to improve the regulatory system of state-owned cultural assets in Peking and promote the strengthening, optimizing, and expanding of state-owned cultural enterprises in Peking, the city has used assets of some state-owned cultural enterprises as well as assets entrusted by some cultural departments to establish a first-level enterprise owned by the city - Shouwenke Group. The development goal is determined to be the integration of culture and technology, optimizing the ecological system of the entire cultural industry chain in the capital, and creating a flagship development goal for the integration of culture and technology. Shouwenke Group currently manages 13 secondary enterprises, with total assets of nearly 9 billion yuan. Specific situation
*ST Wentou (600715.SH): If the company's restructuring work is successfully implemented, it is expected that the net assets will turn positive by the end of 2024.
Gelonghui September 25th | *Special treat Wentou (600715.SH) stated at the performance briefing that if the company's restructuring work proceeds smoothly, the company expects its net assets to turn positive by the end of 2024. At the same time, the company's cash flow situation will be determined in conjunction with the implementation of the restructuring plan. Please refer to the audited financial report for the specific data for the company's 2024 fiscal year.
*Special treat Wenti (600715.SH): The actual controller will be changed to Peking State-owned Assets Supervision and Administration Commission.
Gelonghui September 23rd | *ST Wentou (600715.SH) announced that before this equity change, Beijing Wenzit Holdings Co., Ltd. (hereinafter referred to as "Beijing Wenzit Holdings") was the controlling shareholder of the company, directly holding 20.35% of the shares. Beijing Wen投 Group is the company's indirectly controlling shareholder, holding 29.19% of the shares indirectly through Wenzit Holdings and its concerted actions. Beijing Wenzit Center holds 29.19% of the company's shares by holding 100% equity of Beijing Wen投 Group, making it the actual controller of the company. According to the 'Beijing State-owned Cultural Asset Management Center on transferring Beijing City's cultural assets'
Court Orders Freezing of Cultural Investment's 14 Million Yuan Worth of Bank Accounts
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