Significant increase in net profit! Baida Group Co.,Ltd sold another 0.17 million shares of Bank Of Hangzhou, as strong bank stocks were frequently subject to Shareholding last year.

On the evening of January 2, Baida Group Co., Ltd. (hereinafter referred to as Baida Group) announced that in December last year, the company sold 170,000 shares of Bank of Hangzhou, with a transaction amount of approximately 2.42 million yuan. Throughout last year, the Shareholding reduction of Bank of Hangzhou stocks cumulatively impacted the Net income attributable to the shareholders of the listed company by 13.9799 million yuan, accounting for 103.01% of the most recent audited Net income attributable to the shareholders of the listed company.

cls.cnJan 2 09:23 ET

Moutai liquor production cuts? Individuals close to Kweichow Moutai: last year's production remained within a normal and orderly Range | Quick read announcement.

In 2024, Kweichow Moutai plans to produce approximately 0.0563 million tons of Moutai liquor, a decrease of 1.58% year-on-year. Last year, increased marketing investments in the Moutai series of liquors and the higher proportion led to a decline in the company's overall net margin, which may have fallen below 50% last year, reaching the lowest level since 2018. Amid soft stock prices, Kweichow Moutai officially initiated a buyback, with nearly 0.3 billion yuan repurchased on the first day.

cls.cnJan 2 08:42 ET

After being vacant for more than two years, Zheng Guoyu was elected as the new Chairman of the Postal Savings Bank Of China, previously serving in the Bank Of China and Industrial And Commercial Bank Of China.

① This afternoon, the Postal Savings Bank Of China announced that, following a resolution by the Board of Directors, Zheng Guoyu has been elected as the Chairman of the Postal Savings Bank Of China, and his qualification is subject to approval by the National Financial Regulatory Administration before taking effect; ② Zheng Guoyu currently serves as a director, general manager, and chief compliance officer of China Post Group Co., Ltd. He has previously held the position of vice president at both the Bank Of China and the Industrial And Commercial Bank Of China.

cls.cnJan 2 05:16 ET

Not just a simple "split": The multifaceted considerations behind the sale of WUXI APPTEC's CGT Business.

In an era where Globalization and protectionism coexist, the rapid iteration of cutting-edge technologies, alongside multiple constraints from policies and capital, poses unprecedented challenges for pharmaceutical innovation companies.

wallstreetcnJan 1 19:50 ET

December electric vehicle report card: BYD monthly sales of 0.515 million vehicles, "Weilai, Xiaopeng, and Ideal" all reach new highs.

On January 1, 2025, China's mainstream electric vehicle brands delivered impressive results for December.

wallstreetcnJan 1 04:39 ET

The secondary listing of Hong Kong stocks has signaled the start of the "second wave of growth" by Ning Wang.

Morgan Stanley believes that Contemporary Amperex Technology's second listing in Hong Kong may raise between 6.8 to 7.7 billion US dollars. This funding will support its global capacity expansion, battery swap station construction, and Solid State Battery layout, initiating a second wave of growth.

wallstreetcnJan 1 03:04 ET