It is estimated that in 2024, after deducting non-recurring items, the loss will be reduced by more than 30%. Special Treat Bubugao plans to complete the supermarket store adjustments before August this year | Interpretations
① Special Treat Bubugao expects to achieve a net income of 0.86 billion to 1.26 billion yuan in 2024, turning losses into profits year-on-year; after deducting non-recurring items, the net income is expected to be -0.76 billion to -1.12 billion yuan, which is a reduction in loss of 31.35% to 53.42% year-on-year. ② Special Treat Bubugao plans to complete the adjustment of supermarket stores by August this year and aims to launch its own brand commodity in Q1.
Is the restructuring the peak? Guangzhou Grandbuy's performance continues to decline as Bank of China Investment continuously makes "precise" Shareholding reductions | Quick read announcement.
① In the past 11 trading days, Guangzhou Grandbuy has hit the limit up six times, while China Merchants Investment has continuously and "precisely" reduced its shareholding by nearly 3% since January 3. ② After achieving peak performance through asset restructuring in 2021, Guangzhou Grandbuy has shown poor performance in recent years, and the major shareholders' successive reductions may have other considerations.
The city's duty-free shops are making progress as Wangfujing Group collaborates with Wushang Group to establish a presence in Wuhan | Quick announcement.
① The city’s duty-free shops have made progress, with Wuhan's first city duty-free store to be jointly operated by Wangfujing Group and Wushang Group. ② Looking at Wangfujing Group's Earnings Reports, despite the pressure on revenue, the duty-free industry is experiencing significant growth, but its limited scale restricts its effect on overall revenue.
Companies with long-term net asset value per share below book value must disclose plans for valuation improvement. State-owned enterprises with net asset value per share below book value are expected to attract incremental funds.
On September 24, the China Securities Regulatory Commission publicly solicited opinions on the 'Guidelines for the Supervision of Listed Companies No. 10 - Market Cap Management (Consultation Draft)'. The guidelines require long-term companies trading below net asset value to disclose their valuation enhancement plans, including targets, deadlines, specific measures, and provide special explanations on the execution of the valuation enhancement plan during the annual performance briefing.
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