Two Sessions Time | National People's Congress Representative, Lu Qingguo from Chenguang Biotech Group: Improve the quality standards of Chinese Patent Medicine, regulate the centralized procurement model for Traditional Chinese Medicine, and optimize the

① Lu Qingguo, Director of Chenguang Biotech Group and a representative of the National People's Congress, focused on several recommendations at this year's Two Sessions, including optimizing the procurement mechanism for Traditional Chinese Medicine, enhancing the quality standards for Chinese Patent Medicine, and standardizing the Traditional Chinese Medicine granule industry; ② In addition to recommendations related to the Traditional Chinese Medicine industry, Lu Qingguo prepared several suggestions on rural social retirement insurance, rural medical insurance, and increasing support for companies sanctioned by the United States.

cls.cnMar 2 21:09 ET

"The offshore money printer" reappears! COSCO Shipping Holdings expects its annual net profit attributable to the parent to double year-on-year | Quick read announcement.

① COSCO Shipping Holdings' container shipping business achieved growth in both volume and price compared to the previous year, with a year-on-year increase of 105.71% in Net income for 2024; ② One of the uncertainties in the shipping market for 2025, the strike at the East Coast ports of the United States, has been avoided, and freight rates on the US routes have already decreased.

cls.cnJan 10 06:33 ET

The first A-share company to complete a repurchase using special loans! This week, deppon logistics and 14 other stocks disclosed repurchase and shareholding refinancing plans. Here is a list of the relevant A-share companies.

① Recently, A-share companies that have obtained repurchase and shareholding loan support continue to expand. According to incomplete statistics from Caixin, this week 14 A-share listed companies have announced the disclosure of repurchase and shareholding refinancing situations (see table); ② Deppon Logistics plans to increase its shareholding by 0.3 billion yuan to -0.6 billion yuan and the loan amount will not exceed 0.4 billion yuan. Fushun Special Steel is the first A-share company to disclose the use of own funds and repurchase special loans to complete the repurchase.

cls.cnNov 30, 2024 02:21 ET

Deppon Logistics: Q3 express freight volume increased by nearly 10%, core business returning to express delivery or strengthening synergy | Interpretations

1. In the first three quarters of this year, deppon logistics achieved revenue of 28.296 billion yuan, an increase of 11.21% year-on-year; net income attributable to shareholders of the listed company was 0.517 billion yuan, an increase of 9.71% year-on-year. 2. Analysts said that the company's core business this year is returning to the express delivery business, and this shift is expected to strengthen synergy with jd.com.

cls.cnOct 30, 2024 11:56 ET

Share buyback shareholding loans quickly landed! ICBC, BOC, ABC, CMB, CITIC and other first batch of multiple banks announced progress. Some banks have already shown cooperation intentions with nearly a hundred listed companies.

1. As of now, Bank of China has reached cooperation intentions with nearly a hundred listed companies, with 32 listed companies explicitly promised loans, covering multiple industries such as integrated circuits, transportation, high-end manufacturing, and business services; 2. The banks stated that they will strictly adhere to the risk compliance bottom line, rigorously prevent crediting funds that do not meet the conditions of stock increase stake & buyback and refinancing policies from illegally flowing into the stock market.

cls.cnOct 21, 2024 03:54 ET

Grasping the "shipping dividend", COSCO Shipping Holdings' revenue in the first half of the year exceeded 100 billion yuan, with a year-on-year growth rate of over 10%.

In the first half of the year, affected by the interruption of the Red Sea route and the growth of cargo volume in emerging markets, Cosco Shipping Holdings' financial report is impressive, achieving a total revenue of 101.201 billion RMB, a year-on-year increase of 10.19%. At the same time, Cosco Shipping Holdings closely monitors the IMO convention and the EU's new environmental protection regulations, accelerating the development of an eco-friendly and low-carbon fleet.

wallstreetcnAug 29, 2024 23:43 ET