China New Town to Acquire 30% of Elder Care Services Firm
China New Town Development's (HKG:1278) indirect, wholly-owned subsidiary Hainan Xincheng Kaiyuan Investment has agreed to buy a 30% stake in Meidi Elderly Care Service (Shanghai), from four vendors,
China New Town Development's Profit Up in 2023
China New Town Development (HKG:1278) recorded a rise in attributable profit for the year ended Dec. 31, 2023, to 140.9 million yuan from 2.7 million yuan in 2022, according to the company's annual report posted on the Hong Kong bourse on Wednesday.
China Xincheng (01278.HK) plans to invest 50 million yuan in Meidi Pension Service (Shanghai) to acquire about 30% of its shares
Gelonghui, April 25, China Xincheng (01278.HK) issued an announcement. On April 25, 2024, Hainan Xincheng, an indirect wholly-owned subsidiary of the company, signed a capital increase agreement and shareholder agreement with existing shareholders and target company Meidi Pension Services (Shanghai) Co., Ltd. Based on this, Hainan Xincheng conditionally agreed to acquire about 30% of the target company's shares by investing RMB 50 million into the target company. The target company is a limited company established in China that mainly provides old-age services in China, including operating and managing pension equipment and community pension site selection, providing home care services, and nursing staff training
中國新城鎮:二零二三年年報
China Xincheng (01278.HK): Total fixed income project portfolio of 2,656 billion yuan as of March 31
Gelonghui, April 8, 丨 China Xincheng (01278.HK) announced that as of March 31, 2024, after deducting impairment preparations for risk projects, the total investment portfolio for the company's fixed income projects was approximately RMB 2,656 billion. Excluding risky projects, other projects obtained an annualized guaranteed investment income of approximately RMB 188 million before tax according to the contract, and the corresponding average annualized return on investment before tax was about 7.06%.
CHINANEWTOWN To Go Ex-Dividend On July 12th, 2024 With 0.0034 HKD Dividend Per Share
April 2nd - $CHINANEWTOWN(01278.HK)$ is trading ex-dividend on July 12th, 2024. Shareholders of record on July 15th, 2024 will receive 0.0034 HKD dividend per share on August 16th, 2024. The ex-di
China Xincheng (01278) will pay a final dividend of HK$0.0034 per share on August 16
China Xincheng (01278) issued an announcement that will be distributed on August 16, 2024 until December 2023...
CHINANEWTOWN: 2023 FINAL RESULTS ANNOUNCEMENT
Xincheng, China (01278): Mei Zhe has been appointed as Joint Company Secretary
China Xincheng Town (01278) announced that Mei Zhe has been appointed as the company's joint company secretary since March 2024...
Fayingxi, a new town in China, expects net profit to increase to 151 million yuan in 2023
China Xincheng (01278) announced that the group expects net profit of around RMB 151 million in 2023, while net profit in 2022 is approximately RMB 7.45 million. According to the announcement, the increase in net profit in 2023 was mainly due to the increase in interest income from the company's debt instruments measured by amortized costs compared to 2022; in 2022, the company made an impairment provision of RMB 109 million for land development to be sold.
China Xincheng (01278) Fa Yingxi expects net profit to increase to 151 million yuan in 2023
According to the Zhitong Finance App, China Xincheng (01278) announced that the group expects net profit of about RMB 151 million in 2023 and about RMB 7.45 million in 2022. According to the announcement, the increase in net profit in 2023 was mainly due to the increase in interest income from the company's debt instruments measured by amortized costs compared to 2022 by RMB 0.32 million; in 2022, the company made an impairment provision of RMB 109 million for land development to be sold.
CHINANEWTOWN: POSITIVE PROFIT ALERT
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
CHINANEWTOWN: ANNOUNCEMENT PURSUANT TO RULE 13.16 OF THE LISTING RULES
China Xincheng (01278.HK): Total fixed income project portfolio of 2,663 billion yuan as of December 31
Gelonghui, January 4, 丨 China Xincheng (01278.HK) announced that as of December 31, 2023, after deducting impairment preparations for risk projects, the total investment portfolio for the company's fixed income projects was approximately RMB 2,663 billion. Excluding risky projects, other projects obtained an annualized guaranteed investment income of approximately RMB 188 million before tax according to the contract, and the corresponding average annualized return on investment before tax was about 7.06%. Compared with the company's investment portfolio on September 30, 2023, the Group added RMB 500 million for the first phase of the Liyang High-tech Zone Industrial Base Upgrading and Upgrading Project in the fourth quarter, and
China New Town (01278.HK): As of September 31, the total investment portfolio of fixed income projects was 2,787 billion yuan
Glonghui, Oct. 11, 丨 China New Town (01278.HK) announced that as of September 30, 2023, after deducting impairment preparations for risk projects, the company's total fixed income project portfolio was approximately RMB 2,787 billion. After excluding risk items, other projects obtained a pre-tax guaranteed investment income of approximately RMB 218 million in accordance with the contract, with a corresponding average annualized return on investment before tax of about 7.8%.
CHINANEWTOWN: INTERIM REPORT 2023
China New Town Development Unit Bags 25 Million Yuan School Construction Project
A unit of China New Town Development (HKG:1278 will receive 25 million yuan in management fees from the local government of Luodian Town in Baoshan District, Shanghai for the construction of a nine-ye
China New Town Surges 14% Despite Stalled Sale Deal
Shares of China New Town Development (HKG:1278) surged over 14% in recent trade, despite indirect wholly-owned subsidiary China New Town Development (Shenyang)'s inability to sell land developer Sheny
CHINANEWTOWN To Go Ex-Dividend On August 28th, 2023 With 0.0022 HKD Dividend Per Share
August 14th - $CHINANEWTOWN(01278.HK)$ is trading ex-dividend on August 28th, 2023. Shareholders of record on August 29th, 2023 will receive 0.0022 HKD dividend per share on September 20th, 2023.
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