ST Gaga: Delayed Response to Hunan Securities Regulatory Bureau's Letter of Concern
ST Gaga announced that after an application with the Hunan Securities Regulatory Bureau and approval by the Hunan Securities Regulatory Bureau, it is expected that it will be extended for 5 working days until May 20, 2024 to complete the response to the letter of concern and promptly fulfill the obligation to disclose information.
ST Gaga (002650.SZ) received a letter of regulatory concern from the Hunan Securities Regulatory Bureau due to major flaws in internal control
ST Gaga (002650.SZ) issued an announcement. The company received China's securities regulation on May 7, 2024...
Gaga Foods (002650.SZ) announced first-quarter results, net profit of 6.5663 million yuan, a decrease of 49.03%
Gaga Foods (002650.SZ) released its report for the first quarter of 2024. The company's revenue was 4.87...
Gaga Foods (002650.SZ) announced its 2023 annual results, with a net loss of 191 million yuan, an increase of 140.60%
According to the Zhitong Finance App, Gaga Foods (002650.SZ) released its 2023 annual report. The company's revenue was 1,454 billion yuan, a decrease of 13.78% over the previous year. The net loss attributable to shareholders of listed companies was 191 million yuan, an increase of 140.60% over the previous year. Net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was $201 million, an increase of 114.93% over the previous year. The basic loss per share was $0.173.
Gaga Foods: Received part of investment income from Dongpeng Beverage Project
Gaga Foods announced on the evening of April 18. Recently, the company received an allocation notice for the Dongpeng Beverage Project. Due to direct shareholder Fang Junzheng's investment reduction, Hexing Fund distributed investment matters in the Dongpeng Beverage Project. The current Dongpeng Beverage Project allocation can obtain an investment income of 12.3463 million yuan. According to the company's financial inquiries, the above investment income was paid on April 18, 2024. As of the announcement disclosure date, the company had recovered a total investment of 19.3092 million yuan and a total investment income of 74.7774 million yuan in the Dongpeng Beverage Project.
Gaga Foods (002650.SZ) received investment income of 284.153 million yuan from Dongpeng Beverage Project
Gaga Foods (002650.SZ) announced that recently, the company received an allocation notice for the Dongpeng Beverage Project. Due to direct shareholder Junzheng's investment reduction, Hexing Fund distributed investment matters in the Dongpeng Beverage Project. The current Dongpeng Beverage Project allocation can obtain investment income of 284.153 million yuan (before tax). The above investment income was paid on April 3, 2024.
Gaga Foods (002650.SZ): Pre-loss of 160 million yuan to 228 million yuan in 2023
Gelonghui, January 30, 丨 Gaga Foods (002650.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was RMB 160 million to RMB 228 million, and loss of RMB 79.6317 million for the same period last year; net profit loss after deducting non-recurring profit and loss of RMB 185 million — RMB 253 million, loss of 93.3720 million yuan for the same period last year; basic earnings loss per share was 0.145 yuan/share — 0.206 yuan/share.
Gaga Foods (002650.SZ): Established five sales channels: KA, catering, e-commerce, new retail, and welfare supplies
Gelonghui, January 9丨An investor asked Gaga Foods (002650.SZ): Please tell me about the company's channel side? Gaga Food Response: While focusing on traditional channels, the company has set up five sales channels: KA, catering, e-commerce, new retail, and welfare supplies to establish a three-dimensional marketing pattern of “sinking distribution channels, multi-channel development, and online and offline integration”. Currently, the main driving force is traditional channels. Traditional channels do the stock part, and emerging channels do the incremental part.
Gaga Foods (002650.SZ): “Reducing salt” is in line with the trend of healthy eating
Gelonghui January 9 丨 Some investors asked Gaga Foods (002650.SZ): How do you view the future development trend of the salt reduction series products? Gaga Foods replies: “Salt reduction” is in line with the development trend of healthy eating, and the market has a good acceptance of salt reduction series products, including condiments. The company has been continuously developing and innovating in the salt reduction series products. It has targeted plans in terms of both quality and sales channels. Currently, it has launched the “Zero Salt Reduction” series products online, and the company will continue to promote the operation of large salt reduction series products in 2024.
Gaga Foods (002650.SZ): Traditional online e-commerce and interest e-commerce will grow simultaneously in 2023
Gelonghui, January 9丨An investor asked Gaga Foods (002650.SZ): What are the main products the company sells online? How is online sales going? Gaga Foods Response: The company's main online products include the “Zero Addition” series products, which mainly brewed premium fresh sake with zero additives for 200 days, and the “Zero Salt Reduction” series products, which mainly focus on low-salt, zero-added soy sauce. In 2023, traditional online e-commerce and interest e-commerce will flourish simultaneously, covering various types of e-commerce platforms, including mainstream shelf e-commerce such as Taobao, Tmall, JD, and Pinduoduo, content e-commerce such as Douyin, Kuaishou, and Xiaohongshu, WeChat accounts, and videos
Gaga Foods (002650.SZ): The company has broken down the assessment criteria for sales personnel
Gelonghui, January 9丨An investor asked Gaga Foods (002650.SZ): What changes has the company made to the assessment of sales staff? Gaga Foods response: The company has broken down the assessment criteria for sales personnel, divided into financial indicators, management indicators, process indicators, execution indicators, etc., and the assessment standards and guidance are more clear.
Gaga Foods (002650.SZ): Will continue to strengthen the promotion of mid-range and high-end products such as reduced salt and zero additives
Gelonghui, January 9 | An investor asked Gaga Foods (002650.SZ): How is the company planning for 2024? Gaga Foods replies: The company has made the following plans in 2024:1) On the product side, it will continue to strengthen the promotion of high-end products such as reduced salt and zero additives; 2) On the channel side, it will increase the promotion of new retail channels, accelerate the diversified layout of online and offline synchronization, explore new cooperation models with traditional dealer channels, and continue to further cultivate catering channels; 3) Continue to promote fine management, insist on reducing costs and increasing efficiency, in combination with optimizing the product structure and strengthening business personnel
Gaga Foods (002650.SZ): Increased difficulty and customer acquisition costs for companies
Gelonghui January 9 丨 Some investors asked Gaga Foods (002650.SZ): What is the company's overall business situation in 2023? Gaga Foods response: Judging from the situation of the company and other condiment companies in the first three quarters of 2023:1) As consumption upgrades, consumers' requirements for the variety, quality and refinement of condiments continue to deepen, making enterprises continuously upgrade and innovate, making product quality more stable and more satisfying consumers' pursuit of product quality; 2) The condiment industry showed a trend of continuous product segmentation, continuous market concentration, and increased competition between brands and enterprises. The company gained customers
Jiajia Food Shuts Down Subsidiary Due to Outdated Equipment, Cost Pressures
Jiajia Food Group (SHE:002650) has suspended production at its wholly-owned subsidiary Zhengzhou Jiajia Flavor Industry amid rising operating costs and challenges with outdated equipment. The producti
The actual controller was included in the list of untrustworthy executees How did Ga Food reverse the decline in revenue
“Investors Network” The actual controller of Meng Xing Gaga Food is once again on the list of untrustworthy people. On October 19, Gaga Food Group Co., Ltd. (hereinafter referred to as “Gaga Food”, 002650.SZ) announced that the company learned through a public information search on the China Executive Information Disclosure Network that the company's controlling shareholder Hunan Excellence Investment Co., Ltd. (hereinafter referred to as “Excellent Investment”) and actual controllers Yang Zhen, Yang Zijiang, and Xiao Saiping were included in the list of untrustworthy executees by the People's Court of Shapotou District of Zhongwei City due to their personal debt dispute. As of the disclosure date of the announcement, the controlling shareholder and actual controller of Gaga Foods had not yet received the above listing
The controlling shareholder and actual controller of Gaga Foods (002650.SZ) was added as an untrustworthy executee
Gaga Foods (002650.SZ) announced that the company passed the China Executive Information Office on October 17, 2023...
Express News | Gaga Foods: Currently, the main driving force is traditional channels. Traditional channels are the inventory portion, and emerging channels are the incremental portion
Express News | Gaga Foods: 22.1498 million company shares held by the controlling shareholder are waiting to be frozen
Gaga Foods (002650.SZ) reported semi-annual results, net profit of 3.8943 million yuan, an increase of 23.48% over the previous year
Gaga Foods (002650.SZ) released its 2023 semi-annual report, with revenue of 854 million yuan, year-on-year...
Gaga Foods: Require partner customers not to create anxiety, hoard wonder, and drive up condiment prices
Glonghui, August 25 | In response to salt safety concerns raised by the nuclear contaminated water discharge incident in Fukushima, Japan, in order to ensure safe, stable and orderly supply in the condiment market, Gaga Foods issued a statement on ensuring stable and orderly supply in the condiment market. Gaga always insists on using high-quality raw materials, advanced technology, and strict testing to ensure product safety and quality. During the special period, Gaga Group will not take the opportunity to drive up prices. It also requires partner customers not to create anxiety, hoard wonder, or drive up condiment prices. At the same time, it will make every effort to guarantee production and supply to ensure market stability.
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