ACN Newswire: latest releases

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WANKA ONLINE INC. (1762.HK) Recorded a Total Revenue of RMB1,726.75 million in 2020, Android Ecological Construction Has Achieved Remarkable Results

Monday, March 29, 2021 - 2:55am

During the reporting period, WANKA ONLIE recorded a revenue of RMB1,726.75 million.

Key Points: 
  • During the reporting period, WANKA ONLIE recorded a revenue of RMB1,726.75 million.
  • The gross profit, operating profit and profit for the year attributable to owners of the parent of WANKA ONLINE were RMB242.75 million, RMB95.12 million and RMB66.81million respectively.
  • While deepening its existing partnerships, the Company also continued to explore new partnership opportunities by leveraging its excellent placement efficiency.
  • WANKA ONLINE believe that Quick App, as an excellent connection medium, can enable more traditional industries to become participants in the Android ecosystem.

Australian Beef Companies Become Victims of Australian Government's Political Crisis

Saturday, March 27, 2021 - 12:00am

China stopped importing beef products from five Australian beef companies, four of which produced and exported 35% of the market from Australia to China.

Key Points: 
  • China stopped importing beef products from five Australian beef companies, four of which produced and exported 35% of the market from Australia to China.
  • Statistics show that in 2019, the exports of Australian beef products to China valued AUD2.87 billion (approximately RMB 13.9 billion), accounting for 24% of total export of Australian beef products.
  • The fact makes Australian beef exporters worried very much as Australian beef is likely to be ruled out from the Chinese market permanently and completely.
  • The Australian government's inappropriate remarks on China and the COVID-19 global public health crisis lend reason to the tensions between China and Australia, while the Australian beef exporters have become the latest casualties in this ongoing political crisis.

A Challenge for Australia: Can the deep-rooted racial discrimination be eradicated?

Friday, March 26, 2021 - 11:15am

However, the "macho" culture under the catalytic action of war is constantly moving towards the extinction of humanity.

Key Points: 
  • However, the "macho" culture under the catalytic action of war is constantly moving towards the extinction of humanity.
  • Australia has always advertised itself as a multicultural country, but undeniably its society operates with its inherent "biological chain".
  • Racial discrimination has always been an unavoidable social phenomenon in Australia.
  • During the COVID-19 pandemic, repeat undisguised discrimination against ethnic Chinese has also put the multiculturalism of Australia to the test.

China Dynamics to Expand Footprint into Japan

Friday, March 26, 2021 - 8:26am

HONG KONG, Mar 26, 2021 - (ACN Newswire) - China Dynamics (Holdings) Limited (the "Company"; Stock Code: 476, together with its subsidiaries, collectively "China Dynamics" or the "Group"), a provider of new-energy vehicles and technology integrated solutions, has announced that the Company, through its subsidiary Japan Dynamics Co., Ltd. ("Japan Dynamics"), entered into a memorandum of understanding (MOU) with EX JOINTS Co., Ltd. ( "EX JOINTS") to jointly promote an electric vehicle business in Japan.

Key Points: 
  • HONG KONG, Mar 26, 2021 - (ACN Newswire) - China Dynamics (Holdings) Limited (the "Company"; Stock Code: 476, together with its subsidiaries, collectively "China Dynamics" or the "Group"), a provider of new-energy vehicles and technology integrated solutions, has announced that the Company, through its subsidiary Japan Dynamics Co., Ltd. ("Japan Dynamics"), entered into a memorandum of understanding (MOU) with EX JOINTS Co., Ltd. ( "EX JOINTS") to jointly promote an electric vehicle business in Japan.
  • Persuant to the MOU, Japan Dynamics and EX JOINTS will establish a business alliance on the promotion of electric vehicle in Machida City, Tokyo Metropolis, Japan.
  • Mr. Cheung Ngan, Chairman of China Dynamics, said, "As the Group continues to expand its presence in the global electric mobility market, we will be looking forward to a successful collaboration with EX JOINTS.
  • About China Dynamics (Holdings) Limited (Stock Code: 476)
    China Dynamics (Holdings) Limited is a pioneer and a prominent player in new-energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new-energy passenger vehicles.

Volcano IPO Shares Oversubscribed by 176.6 Times

Friday, March 26, 2021 - 8:00am

Our hard work to build a sustainable business for the past 20 years has paid off," said Managing Director of Volcano, Datuk Ch'ng Huat Seng.

Key Points: 
  • Our hard work to build a sustainable business for the past 20 years has paid off," said Managing Director of Volcano, Datuk Ch'ng Huat Seng.
  • Volcano is raising RM8.75 million from the IPO exercise.
  • For the Bumiputera portion, a total of 11,624 applications for 594.43 million new Shares were received, which represents an oversubscription rate of 143.11 times.
  • For the public portion, a total of 12,214 applications for 870.78 million new Shares were received, which represents an oversubscription rate of 210.10 times.

Lvji Technology Announced 2020 Annual Results

Friday, March 26, 2021 - 7:43am

HONG KONG, Mar 26, 2021 - (ACN Newswire) - China's leading online tour guide provider Lvji Technology Holding Inc. ("Lvji Technology" or the "Company", together with its subsidiaries, the "Group", stock code: 1745.HK) announced its consolidated results for the year ended December 31, 2020 ("the Year").

Key Points: 
  • HONG KONG, Mar 26, 2021 - (ACN Newswire) - China's leading online tour guide provider Lvji Technology Holding Inc. ("Lvji Technology" or the "Company", together with its subsidiaries, the "Group", stock code: 1745.HK) announced its consolidated results for the year ended December 31, 2020 ("the Year").
  • The revenue in the second half of 2020 was RMB214.7 million, recording an increase of 167% compared to the first half of 2020.
  • About Lvji Technology Holdings Inc.
    Lvji Technology Holding Inc. is China's leading online tour guide provider.
  • This press release was issued by Porda Havas International Finance Communications Group for and on behalf of Lvji Technology Holdings Inc. For further information, please contact:
    Copyright 2021 ACN Newswire .

Greenland Hong Kong's Core Business Continues Performing Well in 2020, Leads High-quality Development with 'Two Wings in One' Strategy

Friday, March 26, 2021 - 5:15am

Gross profit was RMB8,249 million and the gross profit margin achieved 24.5%, earnings per share amounted to RMB0.94.

Key Points: 
  • Gross profit was RMB8,249 million and the gross profit margin achieved 24.5%, earnings per share amounted to RMB0.94.
  • These projects are concentrated in the core cities with large population introduction, high industrial concentration, rapid economic development and competitive advantages.
  • Greenland Hong Kong Holdings Limited (337.HK) is a subsidiary of Greenland Holdings, one of the top 500 companies in the world.
  • This press release is distributed by Porda Havas International Finance Communications Group Limited on behalf of Greenland Hong Kong Holdings Limited.

Huijing Holdings 2020 Contracted Sales Increase 75.5% Y-O-Y

Thursday, March 25, 2021 - 2:40pm

Contracted sales amounted to approximately RMB7.71 billion, a year-on-year increase of 75.5%.

Key Points: 
  • Contracted sales amounted to approximately RMB7.71 billion, a year-on-year increase of 75.5%.
  • Total GFA delivered increased by approximately 78.7% against last year, from such projects as Marina City in Dongguan, Nine Miles Bay in Heyuan and Huijing Riverside Villa.
  • In 2020, the Group's land reserves amounted to approximately 1,219,000 sq.m., the area total in seven projects.
  • In addition, it will continue to strengthen cash flow management, speed up receivables turnover and increase capital turnover rate.

CIMC Vehicles announces 2020 Annual Results

Thursday, March 25, 2021 - 2:01pm

HONG KONG, Mar 25, 2021 - (ACN Newswire) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020.

Key Points: 
  • HONG KONG, Mar 25, 2021 - (ACN Newswire) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020.
  • Revenue from truck bodies for specialty vehicles in China reached RMB10.16 billion, representing a 37.8% increase YoY .
  • The Group established strategic partnerships with major domestic heavy truck enterprises to jointly develop and market truck bodies for specialty vehicles.
  • About CIMC Vehicles (Group) Co., Ltd
    CIMC Vehicles (Group) Co., Ltd. ("CIMC Vechicles", Stock code: 1839.HK) is the world's No.1 semi-trailer manufacturer in terms of production volume according to the Global Trailer.

DaFa Properties Announces 2020 Annual Results

Thursday, March 25, 2021 - 11:12am

HONG KONG, Mar 25, 2021 - (ACN Newswire) - The board (the "Board") of directors (the "Directors") of DaFa Properties Group Limited ("DaFa Properties" or the "Company", together with its subsidiaries, the "Group"; Stock Code: 6111.HK) is pleased to announce the audited annual consolidated results for the Group for the year ended 31 December 2020 (the "Reporting Year").

Key Points: 
  • HONG KONG, Mar 25, 2021 - (ACN Newswire) - The board (the "Board") of directors (the "Directors") of DaFa Properties Group Limited ("DaFa Properties" or the "Company", together with its subsidiaries, the "Group"; Stock Code: 6111.HK) is pleased to announce the audited annual consolidated results for the Group for the year ended 31 December 2020 (the "Reporting Year").
  • During the Reporting Year, DaFa Properties recorded revenue of approximately RMB9,188 million, representing a year-on-year increase of approximately 24.2%.
  • During the Reporting Year, DaFa Properties won the "Stable Operation Enterprise Award", "Top 100 Listed Real Estate Enterprises of 2020", "2020 China Top 10 Listed Property Developers in China by Risk Control Capability", "2020 Golden Hong Kong Stocks Awards Best Small and Medium Market Cap Company", "Listed Company Awards of Excellence 2020", "2020 China Top 70 Listed Real Estate Companies in Competence" and other awards.
  • DaFa Properties Group Limited (DaFa Properties), incorporated in 1996 and headquartered in Shanghai, is a real estate developer specializing in developing and selling residential properties mainly in the Yangtze River Delta Region.

Huisen Household Announces 2020 Annual Results

Thursday, March 25, 2021 - 10:45am

HONG KONG, Mar 25, 2021 - (ACN Newswire) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced audited annual results for the year ended 31 December 2021 ("the review period") today.

Key Points: 
  • HONG KONG, Mar 25, 2021 - (ACN Newswire) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced audited annual results for the year ended 31 December 2021 ("the review period") today.
  • Mr. Zengming, chairman and executive director said: "In 2020, the world went through a year like no other.
  • Last year, the Group successfully listed on the main board of the Stock Exchange in a challenging year.
  • Mr Zeng said, "During the pandemic, as large-scale restrictive measures have been implemented, the mainland China achieved significant strategic results in combating against COVID-19.

Tai Hing Announces 2020 Annual Results

Thursday, March 25, 2021 - 9:27am

HONG KONG, Mar 25, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 210 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its annual results for the year ended 31 December 2020 (the "Review Year" or the "FY2020").

Key Points: 
  • HONG KONG, Mar 25, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 210 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its annual results for the year ended 31 December 2020 (the "Review Year" or the "FY2020").
  • As at 31 December 2020, the Group had cash and cash equivalents of HK$562.1 million (As at 31 December 2019: HK$711.1 million).
  • The Board has resolved to propose a final dividend of HK6.4 cents per ordinary share for the year ended 31 December 2020.
  • About Tai Hing Group Holdings Limited (stock code: 6811)
    Tai Hing Group Holdings Limited ("Tai Hing Group") is a multi-brand casual dining restaurant group with roots in Hong Kong.

High-Tech Boat Building Startup Navier Aims High with First U.S. Foiling Electric Powerboat

Thursday, March 25, 2021 - 9:00am

- Navier--a Silicon Valley startup--is building technology to radically increase efficiency of small power boats by 90% while ensuring zero emissions and a vastly superior ride experience.

Key Points: 
  • - Navier--a Silicon Valley startup--is building technology to radically increase efficiency of small power boats by 90% while ensuring zero emissions and a vastly superior ride experience.
  • - Led by two MIT engineers who are avid boaters with extensive experience in ocean robotics, aerospace flight controls and autonomous systems.
  • In fact, the Navier team includes world-renowned experts involved in the development of America's Cup foiling race boats.
  • It is trying to reinvent the boat as we know it and define the future of waterborne transportation.

Redsun Services is given 'Outperform' and 'Buy' Rating by CCB International and CMB International

Thursday, March 25, 2021 - 8:49am

CCB International mentioned Redsun Services' diversified business and its continuous expansion of third-parties business, expects third-parties/Redsun Properties (1996.HK) to account for 60%/40% by 2021 and 70%/30% of the Group's managed GFA by 2022.

Key Points: 
  • CCB International mentioned Redsun Services' diversified business and its continuous expansion of third-parties business, expects third-parties/Redsun Properties (1996.HK) to account for 60%/40% by 2021 and 70%/30% of the Group's managed GFA by 2022.
  • For community VAS (Value-added Services), the Group plans to ramp-up full-cycle living service, including common area VAS, community ancillary, property brokerage, home decoration, and asset management services.
  • CCB international thinks Redsun Services has attractive valuation, and is one of the most undervalued stock amongst property management companies, therefore, maintain 'Outperform' rating and raise target price from HK$8.8 to HK$9.2.
  • Established in Nanjing in 2003, Redsun Services Group Limited is a fast-growing comprehensive community service provider focusing on the Yangtze River Delta.