CEE Asia Consumer Electronics Expo is about to be held. The prosperity of the consumer electronics industry chain may have bottomed out and rebounded.
The 22nd CEE Asia Consumer Electronics Show will be held in Beijing from June 28th to 30th, 2024. The conference consists of five major theme summits and six industry forums, covering hot topics, development trends, and excellent cases in the fields of consumer electronics, AI, and other industries. China Merchants Yan Fan believes that the prosperity of the consumer electronics industry chain has bottomed out and rebounded.
Malaysia's factories are all in production. The announcement for the disclosure of news reported by the media on the 120 billion photovoltaic leading company is presented in a post-market announcement summary.
Tianfeng Securities: Provided a total guarantee of USD 350 million for the issuance of US dollar bonds by Tianfeng International and others.
Is the spin-off listing not working? PE Capital waited 3 years for Goertek Microelectronics, which had a valuation of over 18 billion dollars, to terminate its IPO
① In 2021, Goertek Microelectronics plans to increase capital and expand shares and introduce 15 investors, with a pre-investment valuation of 18.5 billion yuan. Investors include local state-owned capital, as well as PE bosses such as CITIC Construction Investment Capital, CICC Qichen, Cornerstone Capital, and CCB International. ② After the Shenzhen Stock Exchange recently raised the growth requirements for GEM listed companies, it is difficult for Goertek Microelectronics to meet the current operating data standards.
Pearl of the Orient: Two major cultural real estate projects are expected to be completed by the end of the year. Explore cultural tourism and short drama linkages | Direct access to performance meetings
① Cultural tourism consumption continues to rise, and the progress of the Oriental Pearl Cultural Real Estate Project (Oriental Intelligent Media City, Oriental Pearl Digital Film and Television Production Base) has attracted investors' attention. ② Oriental Pearl executives revealed at the performance conference that the first phase of the Oriental Intelligent Media City project is expected to be completed and put into operation from the end of 2024 to the beginning of 2025, and the investment promotion work is currently proceeding normally according to the plan; the Oriental Pearl Digital Film and Television Base is expected to be completed by the end of 2024.
Goertek Microelectronics IPO “ended” Goertek shares: the spin-off and termination of the spin-off are normal capital operations
① Goertek Microelectronics's spin-off listing was terminated. Goertek said it was “a decision made after fully considering various factors such as the current market environment, valuation level, and policy orientation”; ② The IPO review is getting stricter. Recently, many GEM participating companies, such as Jingchuang Technology, Liuchun Intelligence, and Huayi Co., Ltd., have terminated their listing, and over 8 companies planning to split the listing this year.
Communication Holdings: Demand for structural improvements in smart phone products in emerging markets is high, and the market is expected to experience a moderate rebound this year | Direct performance
① Regarding this year's market outlook, Zhu Zhaojiang, chairman of Communication Holdings, quoted a third party agency predicting and answering the “Science and Technology Innovation Board Daily” reporter's question, saying that the global smartphone market will usher in a moderate rebound in 2024; ② Communication Holdings said that with the continuous development of emerging markets, the share of smartphones will continue to increase, and there is a large demand for structural improvements.