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ST Zhizhi was fined for three years of financial fraud. Did the auditing firm Zhitong give a "standard unqualified opinion"? | Quick read announcement.
①Over the years, there has been financial fraud, and special treat Zhizhi has been fined a huge amount, while multiple responsible persons have been banned from the market; ②During the fraud of the company, the annual audit accounting firm has been issuing standard unqualified audit opinions continuously, while the audit fees are also at a relatively high level.
Hot travel consumer, Xinhualian's net income in the first three quarters increased by more than double year-on-year | Interpretations
1. Xinhualian's Q3 single quarter and the first three quarters of net profit attributable to the mother have more than doubled; 2. The company stated that the performance of its travel agencies and real estate projects under its name have both grown year-on-year.
Lack of consumer willingness, china tourism group duty free corporation's performance continues to decline. Net profit in Q3 decreased by 50% year-on-year. interpretations
1. China Tourism Group Duty Free Corporation's Q3 quarterly net income attributable to parent company decreased by over fifty percent year-on-year, with insufficient consumer consumption willingness as the main reason for the decline; 2. Industry insiders said that various tax-free consumption indicators may continue to decline slowly in the short term.
Concept Dynamics | Cailian News Theme Library Adds "Zhipu AI"
On October 25, 2024, zhipu AI launched its self-developed intelligent body AutoGLM, which is a mobile operation assistant that can simulate user clicks on the screen, as well as a browser assistant for clicking on web pages. Currently compatible with 8 well-known application software such as WeChat, Taobao, Meituan, Xiaohongshu.
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.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Toread Holdings Group's net profit in the first three quarters is expected to more than double. Can the chip business bear the heavy responsibility? | Interpretations
1. Toread Holdings Group's net income for the first three quarters was 95.5021 million yuan to -0.108 billion yuan, a year-on-year increase of 107.23% to 133.27%; 2. The company stated that the core driver of the performance growth in the first three quarters was the implementation of the global strategy of developing dual main businesses in outdoor and chip sectors; 3. The company's chip products mainly include current products that focus on IC design for touch chips across all categories, as well as Mini LED display driver IC design.
Hainan's offshore duty-free pressure, China Tourism Group Duty Free Corporation's revenue and net profit both declined. Analysts believe that the impact of the new tax-free policy in the city is limited. | Interpretations of financial reports
①This year, China Tourism Group Duty Free Corporation's revenue decreased by 12.81% YoY, and net income attributable to shareholders decreased by 15.07% YoY; ②Recently, several departments issued a notice on improving the policy of downtown duty-free shops, and the Hainan Provincial Department of Commerce hosted the distribution of Hainan Province's 'flight ticket + duty-free' consumer vouchers; ③Analysts believe that the new policy of downtown duty-free shops has a narrow range of customer base and limited impact on the duty-free market.
The eighth cultural and tourism project in Hunan Province will open in September this year. Hunan TV & Broadcast Intermediary's net income in the first half of the year increased by more than 20%. Interpretations of financial statements.
①The company's operating revenue in the first half of the year decreased by 8.23% year-on-year, while the net income increased by 25.96% year-on-year. ②The company will launch its 8th cultural and tourism project in Hunan Province, and it is expected to open for operation in September this year.
Long-established state-owned developer says goodbye to real estate.
Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.
Changbaishan Invitation Letter: Insight into the Future, Welcome to Fu Peng & Liu Yuhui's Closed Thought Feast
From December 8 to December 11, on the snowy fields of Changbai Mountain, the Meet Club Winter Wilderness Tour invites you to light up the 2024 investment lights together!
China is exempt from China, why is it recovering
The injured middle class and the middle class
Express News | Morgan Stanley: resume tracking of China exempt H shares with a rating of "over-matching" with a target price of HK $215,000,000.
Express News | Local holidays are promoted everywhere during the “Eleventh” holiday: “micro vacations” + temporary reservations and refunds became a trend
December 24 review: With sufficient reserve momentum this week, next week saw a substantial increase in trading volume as block orders targeted 5 stocks.
On December 24th, the three major indices opened higher and then fell back, with the Shanghai Composite Index maintaining a low consolidation, while the ChiNext Price Index led the decline in the two cities. In terms of sectors, the medical sector collectively surged, with traditional Chinese medicine stocks leading the gains, while food processing, retail, and other consumer stocks were active against the trend; new energy sectors such as lithium batteries, photovoltaics, and energy storage all fell across the board, with the heavyweight Contemporary Amperex Technology dropping over 9% intraday. The indices continued to weaken in the afternoon, with the ChiNext Price Index's decline expanding to 2.7% at one point. Stocks related to nurturing diamonds and the non-fungible token (NFT) concept surged, while sectors like autos, rare earths, fluorine chemicals, and digital currency remained sluggish. Overall, market sentiment is cooling, and individual stocks are showing a general downward trend in the two cities
Biden rolls out multibillion-dollar plan to upgrade aging U.S. ports after passage of colossal infrastructure bill
Oil gains on rosier outlook for global economy, fuel demand
Chinese EV maker Nio's deliveries drop 65% as supply chain issues, manufacturing changes bite
Oil falls after increases in U.S. crude, fuel stockpiles
Songcheng Performance Logs 42% Profit Slump in Q3 on Disappointing Revenue