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China Cosmetic Association: In 2024, the total trade volume of the Chinese Cosmetic market is expected to reach 1,073.822 billion yuan, a year-on-year increase of 2.8%.
On January 20th, at the "China Cosmetic Association - 2024 China Cosmetic Industry Data Release Conference" hosted by the China Spice and Cosmetic Industry Association (hereinafter referred to as China Cosmetic Association) and jointly organized by Xinhuanet Co., Ltd. and the Industry Research Center of China Cosmetic Association, Dr. Yan Jiangying, chairman of the China Cosmetic Association, released key data and development trends for the China Cosmetic Industry in 2024. Yan Jiangying stated that according to research conducted by the Industry Research Center of the China Cosmetic Association in collaboration with relevant Institutions, the total trading volume of the China Cosmetic market in 2024 is expected to reach 1,073.822 billion yuan, marking a year-on-year growth of 2.8%. Meanwhile, based on online trading.
Xinhuanet`s Unit Comits 30 Million Yuan to Form Investment Partnership
Xinhuanet Co., Ltd. (603888.SH): Yilian Investment intends to invest 30 million yuan to establish Changsha Quanzhong Venture Capital Partnership.
On January 6th, Gelonghui announced that Xinhuanet Co., Ltd. (603888.SH) has established the Changsha Quan Zhong Venture Capital Partnership (Limited Partnership) with multiple parties, and on January 6, 2025, signed the Partnership Agreement for the Changsha Quan Zhong Venture Capital Partnership (Limited Partnership). The total fundraising scale of the Fund is 1 billion yuan, with the first phase of fundraising reaching 0.652 billion yuan, and Yilian Investment, as a limited partner of the Fund, has subscribed 30 million yuan in its own funds, accounting for 4.601% of the subscribed amount for the first phase of the Fund.
Do Xinhuanet's (SHSE:603888) Earnings Warrant Your Attention?
Chinese Universe Publishing and Media Group Disposes 6% Stake in Xinhua Zhiyun for 150 Million Yuan
Chinese Universe Publishing And Media Group (600373.SH): plans to transfer 6% of the shares of Xinhua Zhiyun entirely to Xinhuanet Co., Ltd.
On December 20, Glonghui announced that Chinese Universe Publishing And Media Group (600373.SH) convened the 36th special meeting of its sixth Board of Directors on December 20, 2024, to further optimize asset structure and resource allocation. The meeting approved the proposal regarding the agreement to transfer 6% of the shares of the equity-held subsidiary Xinhuazhi Cloud Technology Co., Ltd. The company will transfer all of its 6% shareholding in Xinhuazhi Cloud to Xinhuanet Co., Ltd. at a share transfer price of 0.15 billion RMB, and authorized the company's management to fully handle the signing of relevant agreements and matters relating to the share transfer for this transaction.
Xinhuanet Co., Ltd.'s (SHSE:603888) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
