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Shaanxi Broadcast & TV Network Intermediary(Group)Co.,Ltd. (SHSE:600831) Not Doing Enough For Some Investors As Its Shares Slump 25%
To the annoyance of some shareholders, Shaanxi Broadcast & TV Network Intermediary(Group)Co.,Ltd. (SHSE:600831) shares are down a considerable 25% in the last month, which continues a horrid run for
Shaanxi Broadcast & TV Network Intermediary(Group)Co.Ltd (SHSE:600831 Investor Five-year Losses Grow to 76% as the Stock Sheds CN¥370m This Past Week
Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we see fellow investors suffer a loss. Anyone who held Shaanxi Broadcast & TV
Announcement of expected loss in performance for the first half of 2024.
Shaanxi Broadcast & TV Network Intermediary (600831.SH) is expected to have a net loss of 310 million to 370 million yuan in the first half of the year.
On July 8th, Gelunhui reported that Shaanxi Broadcast & TV Network Intermediary (600831.SH) estimated that the net income attributable to the owner of the parent company in the first half of 2024 will be -310 million yuan to -370 million yuan, and there will be losses compared with the same period of the previous year (legally disclosed data). It is expected that the net income attributable to the owner of the parent company after deducting non-recurring gains and losses in the first half of 2024 will be -320 million yuan to -380 million yuan. The main reason why the company's performance is expected to be in deficit in the first half of 2024 is the intensified competition, user loss, and the reduction of network speed tariffs.
Guangxi Radio and Television Information Network Corporation (600936.SH) plans to establish a subsidiary, Guangxi Broadcast & TV Network Intermediary Technology Development, and transfer 7.78 billion yuan of assets to it.
Zhītōng Finance APP news, Guangxi Radio and Television Information Network Corporation (600936.SH) announced that the company plans to establish a new subsidiary, Guangxi Broadcast & TV Network Intermediary Technology Development Co., Ltd., as a wholly-owned subsidiary of the company. The company plans to transfer the related assets, debts, and personnel of the radio and television business of the parent company to the newly established subsidiary. The asset transfer benchmark date is December 31, 2023. As of December 31, 2023, the total amount of assets to be transferred in this plan is RMB 7.78 billion, the total liabilities is RMB 6.581 billion, and the net assets is RMB 1.198 billion.
Shaanxi Broadcast & TV Network Intermediary (600831.SH): Received administrative penalty advance notice
On July 5th, Glodon Inc. announced that on July 5th, 2024, the company received a notice of administrative penalty from the Shaanxi Securities Regulatory Bureau of the China Securities Regulatory Commission (Shan Securities Regulatory Penalty No. [2024] No. 2) According to the provisions of Article 197, Paragraph 2 of the Securities Law, the Shaanxi Securities Regulatory Bureau of the China Securities Regulatory Commission intends to make the following decisions: First, Shaanxi Broadcast & TV Network Intermediary (Group) Co., Ltd. is ordered to make corrections, given a warning, and fined 5.4 million yuan; Second, Wang Liqiang is given a warning and fined 2.4 million yuan, and third, Han Pu is given a warning and fined 2 million yuan. Fourth, to
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