The State-owned Assets Supervision and Administration Commission and the National Development and Reform Commission jointly issued significant venture capital policies, and the equity market is expected to enter a period of development and prosperity.

① The State-owned Assets Supervision and Administration Commission (SASAC) and the National Development and Reform Commission jointly issued policy measures to promote the high-quality development of venture capital funds by central enterprises, supporting these enterprises to initiate and establish venture capital funds, focusing on early-stage, small-scale, long-term investments, and hard technology. ② Citic sec research reports indicate that in the context of the secondary market entering a valuation expansion cycle, with the increasing linkage effect between the primary and secondary markets, the equity market will also move towards a prosperous period of high-quality development.

cls.cnDec 2 19:02 ET

wanhua chemical group Q3 net income fell by 29.41% due to product price decreases and rising raw material costs | Financial report insights

In the third quarter, due to the year-on-year decrease in product prices and the year-on-year increase in main raw material prices, product costs increased, gross profit decreased. Net income of wanhua chemical group was 2.919 billion yuan, a year-on-year decrease of 29.41%, total revenue was 50.537 billion yuan, a year-on-year increase of 12.48%.

wallstreetcnOct 28 08:40 ET

The stock price rose by more than 70%, but Mogao Group's restructuring plan failed. Haotian Technology's dream shattered for the second time. | Quick Read Announcement

1. Mogao Corporation announced the termination of the restructuring with Gansu Haotian Technology Co., Ltd. (referred to as "Haotian Technology"); 2. Mogao Corporation has accumulated a growth rate of over 70% in the past two months; 3. The performance of Mogao Corporation, which is planning to restructure, is not optimistic, and the risk of delisting still exists.

cls.cnOct 25 11:16 ET

The decline in product price spread dragged down Hengli Petrochemical's Q3 net income to 1.09 billion, a sharp 59% year-on-year decrease. | Financial Report Watch

In the third quarter, hengli petrochemical's earnings per share were 0.16 yuan, a year-on-year decrease of 57.89%. In the third quarter, hengli petrochemical's profit and earnings per share both fell by nearly 60%, mainly due to a year-on-year decrease in product price differentials in the quarter, leading to a decrease in quarterly profit.

wallstreetcnOct 24 08:53 ET

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.

cls.cnOct 18 01:13 ET

"Concealing" 0.33 billion related borrowings, danhua chemical technology is fined again for violation of disclosure rules, responsible executives promoted after "negligence" | Quick announcement

①danhua chemical technology and several relevant responsible persons received a "warning letter" issued by the Jiangsu Securities Regulatory Bureau for not timely disclosing the 0.33 billion yuan financial assistance from a major shareholder; ②danhua chemical technology has been subject to multiple administrative penalties or regulatory measures in recent years due to information disclosure issues; ③ among the persons deemed by the CSRC as "not diligent and diligent", two senior executives were promoted in April of this year.

cls.cnSep 25 09:51 ET