"Always on the road" Guangdong Songfa Ceramics seeks asset restructuring again, intending to place assets under the controlling shareholder | Speed reading announcement.
①Guangdong Songfa Ceramics plans to purchase a certain equity of Hengli Heavy Industry or certain equity of subsidiaries of Hengli Heavy Industry, this transaction constitutes a major asset restructuring and related trade. ②Guangdong Songfa Ceramics has suffered losses for three consecutive years and urgently needs to inject momentum into its performance.
Export orders for products are continuously booming. Institutions suggest focusing on the export chain of light industry and household products.
① According to the data from the General Administration of Customs, the export amount of furniture and its parts in China reached 319.1 billion yuan from January to August this year, an increase of 12.3% compared to the same period last year. ② Caitong Securities believes that with the gradual conclusion of overseas destocking, the restocking cycle may come, coupled with the expected recovery of the US real estate market due to interest rate cuts in 2024, orders from overseas companies are expected to improve. It is recommended to pay attention to the export chain of light industry and home furnishings.
The decline in performance and the fall in stock prices has prompted guangzhou holike creative home convertible bonds to begin repurchasing | Quick Read Announcement.
①Guangzhou Holike Creative Home announced today that it is initiating the buyback of the convertible bonds. Historical announcements show that this is the second buyback this year after repeatedly announcing no downward revision of the debt-for-equity swap price. ②Affected by factors such as the weakening of the home industry's prosperity, the company's net income in the first half of the year declined compared to the same period last year, but the company's funds are relatively abundant.
Elon Musk's 'Blade Runner'-Inspired Cybertruck Now Serves Pizza On The Side
Average selling price declined + marine transportation costs rose, resulting in European technology's first half revenue growth without profit growth | Interpretations of financial reports
① In the first half of the year, the revenue of Zhiou Technology increased by 40.74% year-on-year, while the net income attributable to the parent company decreased by 7.73% year-on-year; ② In July, the prices of marine transportation on multiple routes continued to rise compared to the same period last year. Zhiou Technology stated that it will mitigate the risk of eroding net income from the price increase of marine transportation by adopting long-term agreements.
The first interim report is released after the new owner has taken over, indicating a stagnant growth signal for Jason Furniture | Interpretation
1. The performance did not improve significantly after the 'Midea Group' took over, and Jason Furniture's Q2 revenue and net profit both decreased year-on-year; 2. Market expectations are high, and the company's operating pressure will increase in the second half of the year; 3. The intensification of industry competition has led Jason Furniture to attempt to win by offering low-price packages.