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Shanghai Golden Union Commercial Management Co.,Ltd.'s (SHSE:603682) 28% Price Boost Is Out Of Tune With Earnings
Shanghai Golden Union Commercial Management Appoints CFO; Shares Fall 10%
Shanghai Golden Union Commercial Management (603682.SH): Appointed Shi Jun as the company’s Chief Financial Officer.
Gelonghui reported on December 16 that Shanghai Golden Union Commercial Management (603682.SH) announced that on December 16, 2024, the company's fifth Board of Directors held its seventh meeting, where it reviewed and approved the "Proposal for the Appointment of the Chief Financial Officer." Due to the needs of the company's Operation management, Mr. Shi Jun was nominated by the company's general manager, reviewed and approved by the Board of Directors' Nomination Committee and the Audit Committee, and the Board of Directors agreed to appoint Mr. Shi Jun as the company's Chief Financial Officer, with a term from the date of the Board of Directors' approval until the end of the fifth Board of Directors' term. From the date of this matter's approval by the Board of Directors, Mr. Zhang Jie, a director of the company, will no longer perform the duties of Chief Financial Officer.
Shanghai Golden Union Commercial Management Co.,Ltd.'s (SHSE:603682) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Shanghai golden union commercial management (603682.SH): Currently, the managed projects are mainly concentrated in shanghai, peking, and the core provincial cities of cni yangtze index.
On November 13, at the performance briefing, shanghai golden union commercial management (603682.SH) stated that after more than a decade of meticulous cultivation in the industry, the company has accumulated a large number of successful cases in the renovation of cultural and creative parks and other commercial properties, gaining considerable influence in the industry. According to the company's mid-2024 report, there are 71 managed projects, covering an area of over 1.4 million square meters. The number and area of managed projects are both at the forefront of the industry. The property types of the company's managed projects include but are not limited to cultural and creative parks, office buildings, community commerce, and apartments. Currently, the company's managed projects are mainly concentrated in shanghai and peking.
Shanghai Golden Union Commercial Management (603682.SH): The joint venture company Nanjing Radio and Television plans to reduce its capital scale.
On November 8th, Golden Union Commercial Management (603682.SH) announced that Nanjing Radio and Television is a company's jointly-owned company, with the company holding 49% of the equity. Based on actual operational conditions, Nanjing Radio and Television plans to reduce its capital size, intending to reduce its registered capital from 45 million yuan to 20 million yuan in proportion to the equity ratio. The company's contribution amount before this capital reduction was 22.05 million yuan, which will change to 9.8 million yuan after this reduction, with the contribution ratio remaining at 49%.