Suspected of major financial fraud! Orient Group Incorporation is currently at risk of being (Delisted). How can the rights of 0.129 million Shareholders be protected?
① The China Securities Regulatory Commission reported that it has preliminarily determined that the financial information disclosed by Orient Group Incorporation from 2020 to 2023 is severely inaccurate, suspected of significant financial fraud, which may involve serious violations that lead to (Delisted); ② As of the end of the third quarter of 2024, Orient Group Incorporation still has 0.129 million Shareholders, raising concerns about how investors can protect their legal rights.
This week, 14 more companies added! Guangzhou Ruoyuchen Technology and several other stocks disclosed their shareholding buyback and refinancing plans, with a list of related A-shares overview.
① Share Buyback and Shareholding continue to be implemented, according to incomplete Statistics, as of the time of writing, 14 listed companies have disclosed information related to Share Buyback and Shareholding this week (see the attached table); ② Alpha Group, Guangzhou Ruoyuchen Technology, Sinocare Inc., Hunan Jiudian Pharmaceutical, Zhejiang Dafeng Industry, Yachuang Electronics, and Changjiang & Jinggong Steel Building among others have received special loan limits exceeding 0.1 billion yuan.
Retail channels are under pressure, and Yihai Kerry Arawana Holdings' performance last year declined by more than 10% year-on-year, planning to further extend the Industry Chain | Interpretations.
① The main products saw an increase in volume but a decrease in price, with Yihai Kerry Arawana Holdings' revenue and Net income both declining year-on-year in 2024; ② The company established a subsidiary with Jiangxi Fushine Pharmaceutical, with company personnel stating that this move aims to extend the Industry Chain and enrich downstream products.
It is estimated that in 2024, after deducting non-recurring items, the loss will be reduced by more than 30%. Special Treat Bubugao plans to complete the supermarket store adjustments before August this year | Interpretations
① Special Treat Bubugao expects to achieve a net income of 0.86 billion to 1.26 billion yuan in 2024, turning losses into profits year-on-year; after deducting non-recurring items, the net income is expected to be -0.76 billion to -1.12 billion yuan, which is a reduction in loss of 31.35% to 53.42% year-on-year. ② Special Treat Bubugao plans to complete the adjustment of supermarket stores by August this year and aims to launch its own brand commodity in Q1.
Investment failures do not change the cross-industry ambition; the 'payment veteran' Lakala Payment shifts to credit rating.
① Lakala Payment can leverage the market channels and customer resources of Zhongbei Lian and Bangde Shuke to further expand the market coverage of credit information services, attracting more corporate and Financial Institutions clients. ② In the context of "thin profits" in payments and acquiring rates, institutions opting for horizontal expansion of "payment +" solutions and extending partnerships with merchants and scenario partners has become a major trend.
The challenge of store transformation: Yonghui Superstores is expected to continue incurring losses in 2024 | Interpretations
① Yonghui Superstores expects a net income loss of 1.4 billion yuan in 2024. This marks the company's fourth consecutive year of recording a net income loss since 2021; ② In 2024, Yonghui Superstores continues to face pressure on overall foot traffic and average transaction value, and store adjustments require significant investment, compounded by the company closing some underperforming stores, resulting in a decline in last year's performance; ③ Looking ahead to 2025, Yonghui Superstores will continue its store adjustments.
jarvankng : luckily i sold liao