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Only a year and a half apart, both chairmen of ST Dongshi have been dismissed by the Board of Directors | Quick read of the announcement.
① The chairman of ST Dongshi has been removed by the Board of Directors, with several directors believing that the chairman's tenure saw a continued deterioration in the company's operational conditions, chaotic internal management, and unclear strategic direction, which severely affected the company's operation and future development; ② This is the second chairman to be dismissed at ST Dongshi within a year and a half, and both are brothers; ③ Currently, the company also faces operational pressure and issues with the controlling shareholder's illegal appropriation of company funds.
Haoxiangni faces a difficult profitability dilemma, expecting net income to be in the red for three consecutive years | Interpretations
① Haoxiangni expects a net income loss of between 52 million yuan and 75 million yuan last year, marking the third consecutive year of losses; ② Based on the third-quarter report, the revenue growth of Haoxiangni is accompanied by high sales expenses. ③ With the support of concepts such as 'WeChat Small Shop', Haoxiangni has recently been favored in the secondary market, but the company indicates that the income from this channel is relatively low.
The Chairman of Special Treat Baili has been subjected to disciplinary action by the Exchange. Can the new Chairman lead the company out of the "quagmire"? | Quick read of the announcement.
① The actual controller and current Director and President of ST Special Treat, Wang Hairong, and relevant responsible persons received the "Disciplinary Sanction Decision" issued by the Exchange; ② Recently, Lei Limeng became the new Chairman of ST Special Treat, and prior to this, his company Hunan Paile Technology purchased 10 million shares of ST Special Treat.
Controlling shareholder of Guangdong Qunxing Toys intends to change, new controlling shareholder has not yet carried out actual business | Quick read announcement
①Guangdong Qunxing Toys Joint-stock's controlling shareholder will be changed to Tibet Boxin, and the actual controller will be changed to Chairman Zhang Jincheng. ②Zhang Jincheng directly and indirectly holds 100% equity of Tibet Boxin, which was established in July 2023 with a registered capital of 50 million yuan, and has not yet carried out actual business operations.
Strict supervision by the CSRC, ST Baoli and the actual controller are under investigation by the CSRC | Quick read announcement
①Suspected of illegal disclosure violations, ST Bailing and the actual controller Wang Hairong received the "Filing Notice" issued by the China Securities Regulatory Commission today. ② After investigation, hunan Securities Regulatory Bureau found that ST Bailing had multiple illegal and irregular behaviors.
ST's major shareholder, Bailing Holdings, is deeply mired in a 'quagmire', with its equity being auctioned judicially for the third time. | Quick Read Announcement
①Part of the shares held by the shareholder of the special treat Baoli Holdings were judicially auctioned. ② This portion of shares is being publicly auctioned by the court for the third time, with the previous two auctions ending without a buyer.