Mubang High-Tech's performance raised multiple questions and inquiries, and the highly-paid "flag bearer" hired to guide the transformation has resigned | Interpretations
① Mubang High-Tech expects a net loss of 0.42 billion yuan to 0.52 billion yuan last year, with a non-recurring net loss of 1.17 billion yuan to 1.44 billion yuan; ② The company's performance has just hit a "critical point," and the Shanghai Stock Exchange issued an "Inquiry Letter," requiring an explanation of whether there is a situation of avoiding delisting by prematurely recognizing income; ③ Before the end of the year, Company Executives have successively resigned, including a prominent figure who was hired with a high salary to guide the company's transformation.
It is expected that a loss of at least 1.7 billion yuan occurred last year. Can the former SAP executives help Yonyou Network Technology reverse its performance?| Interpretations
Under the influence of the macro environment, the collective pressure on the Software industry due to clients' budget cuts has led Yonyou Network Technology to expect a loss of at least 1.7 billion yuan last year. The number of employees at the company decreased by about 3,700 compared to the beginning of the year, and the severance compensation increased by about 0.14 billion yuan year-on-year. Yonyou Network Technology appointed former SAP Greater China President Huang Chenhong as president from January, which has garnered significant attention in the Industry.
It is expected that in 2024, the non-deductible significant reduction in losses will be achieved, and Zhengbang Technology's 2025 target for sales is aimed at 7 million heads | Interpretations
1. Zhengbang Technology expects a net income loss of 0.32 billion to -0.38 billion yuan for 2024, compared to a loss of 4.883 billion yuan in the same period last year; 2. In 2024, the average price of Hog Sale is expected to increase by 1.2 yuan per kilogram year-on-year, with the average slaughter weight increasing by about 15 kilograms per head compared to the same period last year; 3. The company anticipates an overall slaughter quantity of over 7 million heads in 2025.
TikTok has resumed services for users in the USA, and the related industry chain is expected to continue rapid growth.
① TikTok announced on the Social Media platform X that it is resuming services for users in the USA and will collaborate with the incoming President Trump to develop a long-term solution to keep TikTok "in the USA." ② GTJA Research Reports pointed out that TikTok's commercialization started in 2020 and is still in a phase of rapid growth.
Last year, projected losses exceeded 1.1 billion yuan, and under pressure, Perfect World is seeking transformation by "slimming down". | Interpretations
① Both the gaming and film industries are under pressure, and Perfect World is facing a difficult time, with a projected loss exceeding 1.1 billion yuan last year. ② The company is actively "streamlining" and transforming to seek new opportunities, planning to make provisions for impairment of various Assets exceeding 0.65 billion yuan in 2024. ③ It is reported that the first 30 days of revenue from "Zhu Xian World" exceeded 0.4 billion yuan, and the related performance contribution will be gradually released in subsequent reporting periods.
Beijing Qianjing Landscape continues to incur losses after diversifying into photovoltaic sectors, with subsidiary performance commitments not met for two consecutive years | Interpretations
① The company anticipates achieving a net income attributable to shareholders of the listed company of -0.1 billion yuan to -50 million yuan in 2024. ② The target company has seen its performance commitments fail for two consecutive years, the current cyclical impact on photovoltaics is still ongoing, and it remains difficult to determine a turning point in the short term.