Yuanwang Technology (002291): The implementation costs and expenses of new consumer projects have all increased, and the business layout is being actively expanded
Incident: On April 29, the company released the 2023&2024Q1 performance report. In 2023, the company achieved operating income of 4.777 billion yuan/+22.48% year-on-year, and achieved net profit of 1.05 billion yuan to mother
Yuanwang Technology (002291): In 2023, the main social e-commerce business is under pressure to restart growth in 1Q24
The 2023 results were in line with forecasts and fell short of our expectations; the 1Q24 performance fell short of expectations. The company announced 2023 results: revenue of 4.78 billion yuan, up 22.5% year on year; net loss to mother of 1.05 billion yuan, year-on-year loss
Yuanwang Technology's 2023 financial report: Revenue increased 22.48% year-on-year, and will enter overseas live streaming to bring goods
Although revenue is still rising, Yuanwang Technology also needs to face up to profit issues and explore market growth.
Express News | Yuanwang Technology: The company's GMV payment in the first quarter reached 4.5 billion yuan, an increase of 80% year-on-year
Yuanwang Technology (002291.SZ): Net loss of 94.2386 million yuan in the first quarter
Gelonghui, April 30, 丨 Yuanwang Technology (002291.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 1,581 billion yuan, up 43.44% year on year; net profit attributable to shareholders of listed companies - 94.2386 million yuan, an increase in year-on-year losses; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 96.888 million yuan; basic earnings per share - 0.1013 yuan.
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Express News | Xie Rudong, Chairman of Yuanwang Technology: More than 60 star anchors have been signed to cooperate
Express News | Yuanwang Technology and others set up brand development companies to include businesses related to artificial intelligence
Express News | Yuanwang Technology and others set up a supply chain management company in Hangzhou
Express News | Violations such as inflated revenue, profits, and repayment of accounts receivable were notified and criticized by the Shenzhen Stock Exchange
Express News | Yuanwang Technology Receives Letter of Concern: Request to explain whether the earlier goodwill impairment calculation is accurate and sufficient, and whether it complies with the relevant requirements of accounting standards
Losses expanded in the first year after the name change, “the first share in live e-commerce”, Yuanwang Technology changed its name and did not change operation|Financial Report Interpretation
① In 2023, Yuanwang Technology, the “first stock in live e-commerce,” continued to lose money, and the amount of loss increased; ② The market had long anticipated that Yuanwang Technology had no hope of reversing losses last year. The company lost 450 million yuan in the first three quarters of last year; ③ There were also highlights in Yuanwang Technology's operations last year, such as the total GMV of over 3.29 billion yuan during the Double Eleven period, an increase of 38% over the previous year.
Express News | Yuanwang Technology's performance forecast: Net profit loss due to mother is expected to be 800 million yuan to 1.2 billion yuan in 2023, and a loss of 265 million yuan for the same period last year.
Yuanwang Technology (002291.SZ): The short drama applet operated by the company was launched in December
Gelonghui, January 3 | Yuanwang Technology (002291.SZ) said on the investor interactive platform that the company's short drama applet was launched in December. In addition, the company also launched and distributed it on multiple platforms such as Douyin, Kuaishou, Tencent, iQiyi, and Youku, and has completed the layout for multi-channel distribution of boutique skits.
Foshan Zhaozhilong, the main shareholder of Yuanwang Technology (002291.SZ), completed a reduction of 8.132,200 shares
Yuanwang Technology (002291.SZ) announced that Foshan Zhaozhilong Enterprise Management Co., Ltd., the shareholder of the company holds more than 5% of the shares...
Yuanwang Technology (002291.SZ): The majority shareholder of the company did not carry out financial transfer business
On December 28, Gelonghui | Yuanwang Technology (002291.SZ) said on the investor interactive platform on December 28 that the majority shareholders of the company have not carried out financial transactions.
Yuanwang Technology (002291.SZ): The company is operating a short drama business
Gelonghui, December 26|Yuanwang Technology (002291.SZ) said on the investor interactive platform on December 26 that the company is operating a short drama business.
Yuanwang Technology (002291.SZ): On the day of opening of the X27 theme park, the online and offline GMV exceeded 220 million yuan, and the number of online viewers exceeded 52.13 million in a single day
Gelonghui, December 26 | Yuanwang Technology (002291.SZ) said on the investor interactive platform on December 26 that the X27 theme park recently received high public attention and achieved significant results. On the day of opening, it achieved more than 220 million yuan in online and offline GMV, more than 52.13 million online viewers in a single day, and 115 live broadcasters in a single day. At the same time, the company will also sincerely listen to and accept suggestions and opinions from consumers and viewers to continuously enhance the online and offline experience.
Yuanwang Technology (002291.SZ): On the day X27 opened, a total of 115 anchors began broadcasting live, reaching a total GMV of over 220 million yuan online and offline
Gelonghui, December 25|Yuanwang Technology (002291.SZ) said on the investor interactive platform that a total of 115 anchors were broadcast on the day X27 opened, including 67 self-operated anchors and 48 co-anchors. A total of over 220 million yuan in online and offline GMV was reached. Currently, a small number of stores are still in preparation, so you can enter without an invitation now.
Yuanwang Technology (002291.SZ): Yuanwang X27 theme park will officially open on December 22
Glonghui, December 21丨Some investors asked Yuanwang Technology (002291.SZ) on the investor interactive platform, “When will Yuanwang X27 open?” The company replied that Yuanwang X27 theme park will officially open on December 22.
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