Yusheng Culture (01859) issued an announcement. Even though the company's share trading has been suspended since March 2023, the group's business...
Zhitong Finance App News, Yusheng Culture (01859) issued an announcement. Even though the company's share trading has been suspended since March 2023, the Group's business operations will continue as normal in all major aspects. The Board of Directors will continue to evaluate and monitor the impact (if any) of the suspension of the Company's share trading on the Group's operations and financial performance, and will take appropriate measures in due course, including issuing announcements on the Group's business operations.
In 2023, the Group will maintain sufficient on-hand projects under a rapidly growing new consumption model. In addition to continuing to expand the existing business scale, IP cooperation with China Central Radio and Television and new cultural and creative business cooperation with China Youth Daily are progressing in an orderly manner. Furthermore, in 2024, the group will cooperate more deeply with China Oriental Performing Arts Group Oriental Song and Dance Company in the field of street dance training and competition. The group will jointly plan and host a series of high-level hip-hop contests to provide a platform for hip-hop enthusiasts to showcase their talents and exchange skills. This cooperation will further promote the development of hip-hop culture and enhance the Group's expertise and influence in the field of hip-hop.
Trading of the company's shares continues to be suspended.