Orient Group Incorporation's deposit of over 1.6 billion is restricted from large withdrawals. Shanghai Stock Exchange quickly sends a letter: Is the fund being embezzled by the controlling shareholder? | Speed reading announcement

1. Orient Group Incorporation announced today that the controlled shareholder Dongfang Finance Company has restrictions on withdrawing deposits exceeding 1.6 billion yuan. 2. The Shanghai Stock Exchange quickly issued a regulatory letter, requesting the company to investigate whether related funds have been embezzled by the controlling shareholder and related parties, whether it constitutes non-operating fund occupation, and etc. 3. Previously, the controlling shareholder of Orient Group failed to repay bank loans within the stipulated period, and Dongfang Group's guarantee was overdue.

cls.cnJun 19 00:08

After running the first "Ten Thousand Stores" brand, are the flourishing bulk snack stores profitable? | Frontline

With the national expansion of bulk snack stores, domestic snack venture companies continue to emerge. From January to May 2024, there were more than 8100 newly registered related companies. In terms of regional distribution, hunan ranks first with more than 14,000 companies. In terms of establishment time, 50% were established within 1-5 years, and 21.2% were established within 1 year.

cls.cnJun 18 17:07

"King Oyster Mushroom King" has been placed under detention, with the company losing money for three consecutive years according to the quick announcement.

① Yang Yongping, the Chairman of Shanghai Xuerong Bio-Technology, has been subjected to detention measures, and the company is not aware of the progress or conclusion of the detention investigation. ② Yang Yongping received a warning letter from the Shanghai regulatory bureau last year due to inaccurate financial data disclosure. ③ From 2021 to 2023, the net income of the company was in a loss position.

cls.cnJun 11 20:36

Pig cycle reversal expectations strengthen institutions say the sector has entered a layout period

① The National Bureau of Statistics released data on May 14. The current price of pigs (plus three yuan) was 15.0 yuan/kg, up 0.7% from the previous month. ② The CICC research report points out that expectations for a reversal of the pig cycle have strengthened, the sector has entered a layout period, and low-cost, highly flexible pig companies will benefit first.

cls.cnMay 15 08:04

Real estate disposal falls short of expectations. Can Oriental Group “save the game” after three consecutive years of heavy losses and potassium extraction from seawater?

① Affected by real estate disposal falling short of expectations, Oriental Group expects a sharp loss of 1 billion to 1.5 billion yuan in 2023 ② Although real estate is dragging down performance, the company's modern agriculture and health food industry achieved certain results. The company's modern agriculture and health food industry achieved loss reduction during the reporting period ③ The new profit point seawater potash project sought by the company is expected to be completed in 2024, and it remains to be seen whether it can “save the situation”

cls.cnJan 30 20:00

Oriental Group's performance continues to be sluggish, and can seawater potassium extraction “refine” a new future? |Direct access to the performance meeting

① From 2020 to 2022, Oriental Group's net profit was 240 million yuan, -1,719 million yuan, and -996 million yuan respectively. Performance declined continuously, with a net loss of 103 million yuan in the first three quarters of this year; ② The performance growth points developed by the company, the Haishui Potassium Enhancement Project and the acquisition of United Energy shares are still in progress, and implementation is still to be realized.

cls.cnDec 13, 2023 22:14