600358 CHINA TOURISM AND CULTURE INVESTMENT GROUP
- 3.08
- -0.06-1.91%
CHINA TOURISM AND CULTURE INVESTMENT GROUP News
China Travel Federation (600358.SH): The company failed to promptly disclose information to the outside world on the sale of shares in a subsidiary. Additional disclosure of this matter is now being made
Gelonghui, May 15 | China Travel Federation (600358.SH) announced that on December 5, 2022, after research by the China Travel and Tourism Joint Management Decision Committee at its 28th meeting in 2022, it was agreed that 51% of the shares held by Beijing Xinxuan Zhongshi Culture Communication Co., Ltd. (“New Line China Television”) will publicly transfer the project in the property rights market by listing. The transfer price is lower than the assessed price not filed with the state-owned assets supervisory authority. The evaluation reference date is June 30, 2022. Same
China Travel Federation (600358.SH): Net loss of 4.3781 million yuan in the first quarter
Gelonghui, April 29丨China Travel Federation (600358.SH) released its report for the first quarter of 2024, achieving operating income of 123 million yuan, a year-on-year decrease of 9.81%; net profit attributable to shareholders of listed companies - RMB 4.3781 million, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - RMB 3.713,900, and basic earnings per share - 0.0087 yuan.
Revenues Working Against China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) Share Price Following 25% Dive
To the annoyance of some shareholders, China Tourism And Culture Investment Group Co.,Ltd (SHSE:600358) shares are down a considerable 25% in the last month, which continues a horrid run for the compa
China Travel Federation (600358.SH) reported 2023 annual results, with a net loss of 12.533,200 yuan, which changed from profit to loss over the previous year
China Travel Federation (600358.SH) released its 2023 annual report. The company achieved an operating income of 5 during the reporting period...
China Travel Federation (600358.SH) shareholder releases 5% of Contemporary Travel Company shares
China Travel Federation (600358.SH) issued an announcement. The company's shareholder Xiamen Contemporary Tourism Resources Development Co., Ltd. (abbreviation...
Why Investors Shouldn't Be Surprised By China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) 26% Share Price Plunge
China Tourism And Culture Investment Group Co.,Ltd (SHSE:600358) shareholders won't be pleased to see that the share price has had a very rough month, dropping 26% and undoing the prior period's posit
China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) Stock Price Dropped 17% Last Week; Individual Investors Would Not Be Happy
Key Insights The considerable ownership by individual investors in China Tourism And Culture Investment GroupLtd indicates that they collectively have a greater say in management and business strategy
Express News | China Travel Federation: Pre-loss of 12 million yuan to 18 million yuan in 2023
China Travel Federation (600358.SH): Hyundai Travel, the second largest shareholder, signed a pledged securities disposal agreement
On December 25, China Travel Association (600358.SH) announced that on December 25, 2023, the company received a “notification letter” from the manager of Xiamen Contemporary Tourism Resources Development Co., Ltd. (hereinafter referred to as the “Manager”). The manager signed a “Pledged Securities Disposal Agreement” with Zhao Jun, agreeing to dispose and transfer 8,810,000 shares of China Travel Union (stock code 600358) held by Contemporary Travel to Zhao Jun at a discount of RMB 5.516 per share to cover the same amount of unfulfilled debt owed by Contemporary Tourism. The current equity disposal will not affect the company's control. Currently, the public
Changes in A-shares | China Travel Federation plummeted for 5 consecutive days, and a case was filed on suspicion of illegal information disclosure violations
Gelonghui, December 25 | China Travel Federation (600358.SH) has once again fallen to a standstill. Currently, it is reported to be 4.73 yuan, hitting a new low of a month and a half, with a total market value of less than 2.5 billion yuan. According to the news, the company announced a few days ago that the China Securities Regulatory Commission has decided to file a case against the company due to alleged illegal information disclosure violations. Immediately, the stock price declined sharply. The cumulative decline over the past five trading days was as high as 35%, completely leveling off previous gains. Furthermore, it is reported that due to historical issues and problems with the company's Internet marketing business model, the company faces a greater risk of collecting accounts receivable.
China Travel Federation (600358.SH): Received 8 million yuan in government incentives
Gelonghui (600358.SH) announced on December 22|China Travel Association () announced that on December 22, 2023, the company received the “Letter on Disbursement of Relocation Incentive Funds for Listed Companies in Nanchang City” from the Finance Office of the Honggutan District Government of Nanchang City, agreeing to give the company a relocation reward of 8 million yuan. According to inquiries from the company's finance department, the company has received this amount of government incentive funds.
Changes in A-shares | China Travel Union fell nearly 7%, and a case was filed by the Securities Regulatory Commission on suspicion of illegal information disclosure violations
Glonghui December 22 | China Travel Federation (600358.SH) fell nearly 7% to 5.43 yuan, with a total market value of 2,742 billion yuan; since December 19, the stock has accumulated a cumulative decline of more than 26% in 4 trading days. China Travel Federation received the “Notice of Case Filing” issued by the China Securities Regulatory Commission on December 21. The China Securities Regulatory Commission decided to file a case against the company in accordance with laws and regulations due to the company's alleged illegal disclosure of information. China Travel Service jointly stated that at present, the company's various operations, management, business and financial conditions are normal. During the filing and investigation of the case, the company will actively cooperate with the relevant work of the China Securities Regulatory Commission and strictly abide by relevant laws
The Yuanmeng Star concept continues to be active, Evergrande Hi-Tech and China Travel Joint 2nd board
Glonghui December 18 | Evergrande Hi-Tech and China Travel Joint 2nd Edition, Aofei Entertainment, Xunyou Technology, etc. are rapidly following suit. According to news, “Yuanmeng Star” independently developed by Tencent began public beta on December 15. Previously, the “Yuanmeng Star” official website had accumulated more than 50 million reservations, and quickly climbed to the top of the iOS free list after launch.
China Travel Federation (600358.SH): The company promises not to plan major asset restructuring matters within at least one month from the date of disclosure of the announcement
On December 13, China Travel Federation (600358.SH) stated at an investor briefing that according to the provisions of laws, regulations and regulatory documents such as the “Administrative Measures on Material Asset Restructuring of Listed Companies” and “Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 6 - Material Asset Restructuring”, the company promised not to plan major asset restructuring matters within at least one month from the date of disclosure of this announcement. If there is a relevant restructuring plan in the future, the company will promptly implement the corresponding decision-making process and disclose it to the outside world. Please pay attention to the company announcement.
China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) Share Price Not Quite Adding Up
It's not a stretch to say that China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) price-to-sales (or "P/S") ratio of 5.7x seems quite "middle-of-the-road" for Hospitality companies in
China Travel Federation (600358.SH) terminates major asset restructuring
China Travel Federation (600358.SH) announced that the company will hold the 2023 board meeting on December 5, 2023...
China Travel Federation (600358.SH): Court Approves Reorganization Plan for Participating Subsidiaries
Gelonghui November 30 | China Travel Federation (600358.SH) announced that as of the announcement date, the “Reorganization Plan” involving Yishang Company, the company's shareholding subsidiary, had been approved by a court ruling. There is still uncertainty about whether the construction land regulations for the Yishang Hot Spring Project in the “Reorganization Plan” will be completed, and whether the restructuring plan will finally be successfully implemented.
China Travel Federation (600358.SH): Bankruptcy and restructuring of a shareholding subsidiary
On November 27, Gelonghui (600358.SH) announced that it has received the “China Travel Union and Chongqing Yishang Hot Spring Development Co., Ltd. (Draft) Reorganization Plan (Draft)” from the manager of China Travel Union and Chongqing Yishang Hot Spring Development Co., Ltd. (“Yishang Company” for short) from the management of the participating subsidiary, China Travel Union and Chongqing Yishang Hot Spring Development Co., Ltd. (“Yishang Company”). This restructuring matter is still in the voting stage of the “Reorganization Plan (Draft)”. The “Reorganization Plan (Draft)” comes into effect after approval by a court ruling. After approval by the court, the debtor is responsible for execution, and the manager is responsible for supervision. The implementation period of this reorganization plan is 3 years, starting from the date the court decides to approve the reorganization plan and the construction of the Yishang Hot Spring Project
China Travel Federation (600358.SH): 25.257,700 shares held by Hyundai Travel, the second largest shareholder, will be auctioned
Gelonghui (600358.SH) announced on November 13, that the company has received a “Notice Letter” from the manager of Xiamen Contemporary Tourism Resources Development Co., Ltd. (hereinafter referred to as the “Manager”), and through the JD Auction Bankruptcy Qiangqing Platform (inquiry, it was learned that the manager will conduct the first public auction of 25.257 million shares held by China Travel Union, the second largest shareholder of the company, on the JD Auction Bankruptcy Qiangqing Platform. The auction period is from 10:00 on November 26, 2023 to 10:00 on November 27, 2023 (except for delays).
China Travel Federation (600358.SH) released the first three quarter results, net profit of 1,729,400 yuan, a year-on-year decrease of 60.67%
China Travel Federation (600358.SH) released a report for the first three quarters of 2023, with revenue of 390 million yuan, compared to the same period last year...
Analysis
Price Target
No Data
