01697 SDITC
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SDITC News
Shandong International Trust to Sell Minsheng Securities Shares
Shandong International Trust (HKG:1697) agreed to transfer its 132.7 million shares in Minsheng Securities to Guolian Securities (HKG:1456, SHA:601456), a Tuesday filing on the Hong Kong bourse said.
Express News | Shandong Guoxin: A single real estate trust product co-managed safe was removed from the monitoring room
Shandong Guoxin (01697.HK): Guolian Securities plans to issue A-shares to acquire shares of Minsheng Securities held by the company
Gelonghui, May 14, 丨 Shandong Guoxin (01697.HK) announced that the company and Guolian Securities Co., Ltd. signed an agreement of intent to cooperate. According to this, Guolian Securities plans to acquire 132,715,017 shares of Minsheng Securities Co., Ltd. (the “Target Company”) held by the company by issuing A-shares to purchase assets, accounting for 1.17% of the total share capital of the bid company. On May 14, 2024, the Company and Guolian Securities signed the “Framework Agreement on Issuance of Shares to Purchase Assets” (“Framework Agreement”) for this transaction. Guolian Securities agreed to issue A shares as the target
Shandong Guoxin (01697) and Guolian Securities signed the “Framework Agreement on Issuance of Shares to Purchase Assets”
Shandong Guoxin (01697) issued an announcement. On May 14, 2024, the company and Guolian Securities signed an agreement on this transaction...
Shandong Guoxin (01697.HK): Guolian Securities plans to acquire shares of Minsheng Securities held by the company through the issuance of A-shares
Gelonghui, April 26, 丨 Shandong Guoxin (01697.HK) announced that the company and Guolian Securities Co., Ltd. signed a cooperation agreement on April 25, 2024. According to this, Guolian Securities plans to acquire 132,715,017 shares of Minsheng Securities Co., Ltd. held by the company by issuing A-shares to purchase assets, accounting for 1.17% of the total share capital of the target company. As of the date of this announcement, the company has not entered into a formal agreement on the specific plan, consideration and related terms of this transaction, and there is still uncertainty about this transaction.
Shandong Guoxin (01697.HK): Focus on five aspects of business transformation to present a new situation and deepen the “secondary curve” of reform and growth
Shandong Guoxin keeps customer trust in mind, insists on steady progress, concentrates on five areas of business transformation, and deepens the “secondary curve” of reform and growth
Read Shandong Guoxin's 2023 annual results in one picture
Recently, Shandong Guoxin released its annual results for the year ended December 31, 2023. Let me take you to understand the specific results in a chart.
SDITC: 2023 ANNUAL REPORT
Shandong Guoxin (01697) announced annual results. Net profit of 159 million yuan decreased by 43.43% year-on-year
According to the Zhitong Finance App, Shandong Guoxin (01697) announced the results for the year ended December 31, 2023. The group obtained total operating revenue of RMB 1.19 billion (same unit), a year-on-year decrease of 21.09%; net profit of 159 million yuan, a year-on-year decrease of 43.43%; and basic earnings per share of 0.03 yuan. In 2023, in the face of a complex and severe domestic and international environment, Shandong Guoxin will forge ahead under pressure, be guided by regulatory guidelines, take strategic transformation as a starting point, actively respond to the impact of factors exceeding expectations, efficiently coordinate business development and risk mitigation, and generally maintain a steady, moderate, positive, and positive trend
SDITC: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Shandong Guoxin (01697) issued a profit warning. The estimated annual net profit is about 160 million yuan, a year-on-year decrease of about 43%
According to Zhitong Finance App, Shandong Guoxin (01697) announced that the Group expects net profit of about RMB 160 million for the year ended December 31, 2023, down about 43% from the same period in 2022. The board of directors expected that the decline was mainly due to the impact of the overall transformation of the trust industry. The company's net income from processing fees and commissions decreased year on year in 2023; loan interest income generated by merged structured entities increased year on year, while the company's loan interest expenses decreased, and the company's net interest income in 2023 increased year on year; the company's investment income due to asset disposal in 2023 was less than
SDITC: Profit Warning
Shandong Guoxin (01697.HK) plans to hold a board meeting on March 26 to approve annual results
Gelonghui March 14 | Shandong Guoxin (01697.HK) announced that the company will hold a board meeting on March 26, 2024 (Tuesday) to approve (among other things) the company's annual results for the year ended December 31, 2023 and their release.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
Shandong Guoxin (01697.HK): Yue Zengguang has been an executive director and chairman since January 10
Gelonghui, January 11 | Shandong Guoxin (01697.HK) announced that the company recently received the “Reply from the Shandong Regulatory Bureau of the State Financial Supervisory Authority on Approving the Qualifications of Yue Zengguang as Director and Chairman of Shandong International Trust Co., Ltd.” According to this, Mr. Yue has been the company's executive director and chairman since January 10, 2024. Mr. Yue has been appointed as the Chairman of the Company's Strategy and Risk Management Committee and a member of the Nomination and Remuneration Committee.
Shandong Guoxin (01697): The appointment of Yue Zengguang still has to be approved by the Shandong Regulatory Bureau of the State Financial Supervisory Administration
According to the Zhitong Finance App, Shandong Guoxin (01697) issued an announcement proposing the appointment of Yue Zengguang as executive director, which was approved by shareholders through an ordinary resolution at the Extraordinary General Meeting of Shareholders. The relevant appointments still have to be approved by the Shandong Regulatory Bureau of the State Financial Supervisory Administration before they can take effect. Yue Zengguang's term as executive director starts when his appointment is approved by shareholders and his qualifications are approved by the Shandong Regulatory Bureau of the State Financial Supervisory Administration until the end of the term of the third board of directors. After the Shandong Regulatory Bureau of the State Financial Supervisory Administration approves his qualifications, the company will enter into a service contract with Yue Zengguang.
Shandong Guoxin (01697) plans to sell Yuerong No. 26 claim for 995.62 million yuan
Shandong Guoxin (01697) announced that on October 13, 2023, the company and the transferee Weifang Gaoteng Real Estate...
SDITC: 2023 INTERIM REPORT
The mid-term performance of Shandong Guoxin (1697.HK) is progressing steadily, and business transformation, reform and innovation are progressing in depth
In the first half of this year, a series of events retriggered the financial community's attention and thinking about the underlying assets of trusts. Underlying assets, that is, the final investment of funds, largely determines the safety of financial management funds. Penetrating downward through the final investment of trust funds, it can also be understood as “an asset that provides a source of return for investors' trust funds.” Trust plans themselves cannot generate return on investment. Trust companies need to invest the funds raised into underlying assets that can generate income, and each trust product has corresponding underlying assets one by one. So what should investors focus on? First, we need to pay attention to whether the underlying assets are legal and compliant. Second, pay attention
Understand the interim results of Shandong Guoxin (1697.HK) in 2023 in one picture
The growth of mid-term performance indicators is accelerating, and the transformation of the business structure is steady, moderate and optimal
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