The Zhitong Finance App learned that China Student Union (03332) surged more than 39% in early trading, reaching a new high. As of press release, it had risen 39.29% to HK$0.39, with a turnover of HK$1.28 million.
According to the news, Zhongsheng issued a joint announcement. The Group expects to obtain a net profit of about RMB 45 million to RMB 55 million for the year ended December 31, 2023, while a net loss of approximately RMB 14.2 million for the year ended December 31, 2022. The net profit was mainly due to a sharp increase in online and offline global sales revenue for the year ended December 31, 2023.