Shanghai Realway Capital Announces Reduced Losses for 2024

TipRanksMar 14 20:10

REALWAY CAPITAL (01835.HK) expects a reduction in annual net loss.

On March 14, Gelonghui announced that REALWAY CAPITAL (01835.HK) anticipates that for the fiscal year ending December 31, 2024, it will record a net loss not exceeding RMB 15 million, while for the fiscal year ending December 31, 2023, it recorded a net loss of approximately RMB 57.9 million after audit. The group expects the net loss for this year to decrease mainly due to (i) an increase in management fees and consulting fees from the Fund Business and investment advisory services compared to the previous year; and (ii) a significant reduction in investment losses resulting from the transfer of fund shares held by the group compared to the previous year.

Gelonghui FinanceMar 14 19:52

REALWAY CAPITAL: PROFIT ALERT - REDUCTION IN LOSS

HKEXMar 14 19:48 · Announcements

Shanghai Realway Capital Faces Legal Dispute Amid Allegations

TipRanksDec 3, 2024 18:38

realway capital (01835.HK) received a summons from the court.

Grain Long Hui December 3rd | Realway Capital (01835.HK) announced that the board of directors of the company recently learned that the company, its subsidiary Shanghai Ruixiang Investment Management Co., Ltd., executive director of the company, chairman of the board of directors, chief executive officer, and the company's controlling shareholder, Mr. Zhu Ping, have received a "Notice of Response", a "Civil Complaint", and related litigation materials issued by the People's Court of Shengsi County, Zhejiang Province (Case Number: (2024) Zhe 0922 Min Chu 343). According to the "Civil Complaint", the People's Court of Shengsi County, Zhejiang Province, accepted the Shengsi Pengbo Real Estate Development Co., Ltd. respectively in June 2023 and August 2023.

Gelonghui FinanceDec 3, 2024 18:28

The 10 trillion debt-to-equity swap is here! A-shares are expected to strengthen, these sectors may benefit.

On November 8th, the 12th meeting of the 14th National People's Congress Standing Committee (hereinafter referred to as the "meeting") concluded. The meeting reviewed and approved the most significant debt-to-equity swap measures in recent years, attracting high market attention.

China brokerageNov 11, 2024 07:33