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The Returns On Capital At Xiamen Jihong Technology (SZSE:002803) Don't Inspire Confidence
The Three-year Shareholder Returns and Company Earnings Persist Lower as Xiamen Jihong Technology (SZSE:002803) Stock Falls a Further 7.3% in Past Week
Insufficient Growth At Xiamen Jihong Technology Co., Ltd. (SZSE:002803) Hampers Share Price
We Think Xiamen Jihong Technology's (SZSE:002803) Profit Is Only A Baseline For What They Can Achieve
Xiamen Jihong Technology Co., Ltd.'s (SZSE:002803) Market Cap Rose CN¥381m Last Week; Retail Investors Who Hold 54% Profited and so Did Insiders
“Seek growth, refuse internal documents”, Jihong Co., Ltd. created a model for e-commerce to go overseas
Recently, the Ministry of Commerce clearly mentioned at a press conference that cross-border e-commerce is one of the new driving forces for foreign trade. In 2023, China's cross-border e-commerce imports and exports reached 2.38 trillion yuan, an increase of 15.6%, 15.4 percentage points higher than the national import and export growth rate. In a context where domestic internet traffic dividends are peaking and consumer consumption is under pressure, e-commerce platforms can only deepen their internal volume in the domestic stock market, but in fact, there are huge development opportunities in a market with a low e-commerce penetration rate. In recent years, industry giants such as Pinduoduo and Ali have also accelerated the pace of going overseas as a result. In fact, there is no shortage of those in the market that focus on cross-border e-commerce tracks
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