02286 CHEN XING
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CHEN XING News
辰興發展：2023年度報告
CHEN XING: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Chenxing Development (02286) announced 2023 results with losses attributable to parent company owners of about 152 million yuan year-on-year profit to loss
According to the Zhitong Finance App, Chenxing Development (02286) announced its 2023 results, with revenue of about RMB 300 million, a year-on-year decrease of 74.88%; loss attributable to parent company owners was approximately RMB 152 million, profit attributable to 2022 was approximately RMB 10.44,000; and loss per share was RMB 0.25. According to the announcement, the decline in performance was mainly due to a decrease in sales and preparation for impairment of real estate projects. During the reporting period, the group had contracted sales of about 499 million yuan, a decrease of about 21.3% over the same period last year; the total contracted construction area was about 63,923 square meters respectively, a decrease of about 21 million yuan compared to the same period last year.
CHEN XING: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Chenxing Development (02286.HK) plans to hold a board meeting on March 27 to consider and approve the annual results
Chenxing Development (02286.HK) announced that the board meeting will be held at 10:00 a.m. on March 27, 2024 (Wednesday) in the conference room on the 1st floor of Chenxing Office Building, No. 18 Anning Street, Yuci District, Jinzhong City, Shanxi Province, the People's Republic of China (“China”).
Chen Xing Development to Swing to Loss
Chen Xing Development Holdings (HKG:2286) expects a consolidated net loss of around 130 million yuan to 160 million yuan for the year ended December 2023, as a profit of about 50.9 million yuan in the
Chenxing Development (02286.HK) Profit Alert: Expected annual loss of about 130 million to 160 million yuan
On March 8, GLONGHUI | Chenxing Development (02286.HK) announced that the Group expects to record a comprehensive net loss of about RMB 130 to RMB 160 million for the year ending December 31, 2023, while the consolidated net profit for the previous year was approximately RMB 50.9 million. The consolidated net loss for fiscal year 2023 was mainly due to a sharp decrease of approximately 75% in revenue generated from property development from approximately RMB 1,188 million in fiscal year 2022 to approximately RMB 298 million in fiscal year 2023.
CHEN XING: PROFIT WARNING
Chen Xing Development Seeks More Time to Mail Acquisition-Deal Documents
Chen Xing Development Holdings (HKG:2286) said it needs more time to mail documents related to the acquisition of a 16.1074% stake in non-wholly-owned subsidiary Sichuan Chenxing Real Estate Developme
Chen Xing Development Delays Circular Dispatch Related to Disposal Contract
The Hong Kong bourse has allowed Chen Xing Development Holdings (HKG:2286) to delay the dispatch of a circular containing information about the disposal of 51% interest in Jinzhong Development Zone Re
Chen Xing Developments to Restructure Operations
Shares of Chen Xing Developments Holdings (HKG:2286) shed over 5% in recent trade, a day after the firm announced correlated deals, involving indirect, wholly-owned subsidiaries, to restructure operat
Chenxing Development (02286.HK) plans to purchase 16.1074% of Sichuan Chenxing's shares for 45 million yuan, and Sichuan Chenxing signed a capital injection agreement
Gelonghui, January 8, 丨 Chenxing Development (02286.HK) announced that on January 8, 2024, the buyer (an indirect wholly-owned subsidiary of the company) signed an equity transfer agreement with the seller. According to the terms of the share transfer agreement, the buyer conditionally agreed to purchase and the seller conditionally agreed to sell Sichuan Chenxing's shares (all 16.1074% shares held by the seller) at a cost of RMB 45 million. As of the date of this announcement, Sichuan Chenxing is an indirect non-wholly-owned subsidiary of the Company, with the Group and the seller holding 83.8926% and 16.1074% respectively. After the acquisition was completed, the public
Chen Xing Development Unit to Sell 51% Stake in Residential JV to Partner
Chen Xing Development Holdings (HKG:2286) subsidiary Chenxing Real Estate Development will sell its 51% interest in joint venture Jinzhong Development Group to its partner for 100.6 million yuan. The
Chenxing Development (02286.HK) plans to sell 51% of Jinzhong Development's shares
Gelonghui, December 29丨Chenxing Development (02286.HK) announced that the seller Chenxing Real Estate Development Co., Ltd. (an indirect wholly-owned subsidiary of the company) intends to sell shares in Jinzhong Development to the buyer Jinzhong Development Zone Development and Construction Group Co., Ltd. Since shares are considered state-owned assets according to relevant Chinese rules, share transfers must be publicly tendered and publicized. During the public tender period, the buyer participated in the public tender through the Jinzhong Property Exchange Center to purchase shares developed in Jinzhong from the seller. The Board of Directors hereby announces that on December 29, 2023, the buyer was confirmed as an equity by the Jinzhong Property Exchange Center
CHEN XING: 2023 INTERIM REPORT
Chen Xing Development (02286.HK) has a net profit of 4.8 million yuan in the first half of the year and has signed a contract with sales volume of about 376.3 million yuan
Glonghui, August 25, 丨 Chenxing Development (02286.HK) announced its interim results. For the six months ended June 30, 2023, the Group's revenue was approximately RMB 240.2 million, of which revenue from property development was approximately RMB 237.9 million; Group gross profit was approximately RMB 65.6 million, of which gross profit from property development was approximately RMB 65.2 million; Group net profit was approximately RMB 5.4 million, of which the owners of the company's parent company held net profit of about RMB 4.8 million, and basic profit of about RMB 0.01 per share. For the six months ended June 30, 2023, the Group
Chen Xing Development (02286) Announces Interim Results Profit attributable to Shareholders of RMB 4.823 million decreased by 46.15% year-on-year
Chen Xing Development (02286) announced the results for the 6 months ended June 30, 2023, with group revenue of RMB 2...
CHEN XING: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
Chen Xing Development (02286.HK) plans to hold a board meeting on August 25 to approve interim results
Glonway, August 15丨Chenxing Development (02286.HK) announced that the board of directors meeting will be held at 10:00 a.m. on August 25, 2023 (Friday) at 10:00 a.m., in the conference room on the 1st floor of Chenxing Office Building, No. 18 Anning Street, Yuci District, Jinzhong City, Shanxi Province to discuss the following matters: 1. Review and approve the unaudited comprehensive performance of the company and its subsidiaries for the six months ended June 30, 2023; 2. Consider suspending the company's share transfer registration (if any); 3. Consider suspending the company's share transfer registration (if any); and 3. Consider suspending the company's share transfer registration (if any); and 3. Consider suspending the company's share transfer registration (if any); and 3. Consider suspending the company's share transfer registration (if any); and 3. Consider suspending the company's share transfer registration (if any); and 3. Consider suspending the company's share transfer registration (if any); and
CHEN XING: NOTICE OF BOARD MEETING
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