Is Huafu Fashion (SZSE:002042) Weighed On By Its Debt Load?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' When we thi

Simply Wall StMay 31 19:59 ET

Huafu Fashion (002042.SZ): AIDC is a data center that mainly provides computing power, storage and related services for artificial intelligence and big data applications

Gelonghui May 31 丨 Some investors asked Huafu Fashion (002042.SZ) on the investor interactive platform, “Is the company's data center business traditional IDC? Is there a difference between IDC and AIDC? “How is your 3000P progressing?” The company replied that AIDC is mainly a data center that provides computing power, storage and related services for artificial intelligence and big data applications. The first phase of the Shangyu project has been completed and operation has begun, and the company will promptly fulfill its information disclosure obligations in accordance with subsequent progress.

Gelonghui FinanceMay 31 06:06 ET

Huafu Fashion (002042.SZ): The first phase of the Shangyu project has all the equipment in place and was officially put into operation in May

Gelonghui, May 30丨An investor asked Huafu Fashion (002042.SZ) on the investor interactive platform, “Has the computing power equipment for the company's Shangyu computing power project been completed? When do you expect to start taking orders for business?” The company replied that all the equipment for the first phase of the company's Shangyu project was in place and officially put into operation in May.

Gelonghui FinanceMay 30 04:56 ET

Huafu Fashion (002042.SZ): Does not involve real estate-related business

Gelonghui May 28 丨 Some investors asked Huafu Fashion (002042.SZ) on the investor interactive platform, “How many real estate projects does the company currently have? Is the real estate business losing money or is it profitable?” The company replied that the company is not involved in real estate-related business.

Gelonghui FinanceMay 28 06:17 ET

Huafu Fashion (002042.SZ): The company has no plans to lay out the robotics business

Gelonghui, May 28 | Huafu Fashion (002042.SZ) said on the investor interactive platform that the company has no plans to lay out the robotics business yet.

Gelonghui FinanceMay 28 06:00 ET

Huafu Fashion (002042.SZ): As of May 20, the number of shareholders of the company was 31,548

Gelonghui, May 27丨Huafu Fashion (002042.SZ) said on the investor interactive platform that as of May 20, the number of shareholders of the company was 31,548.

Gelonghui FinanceMay 27 05:37 ET