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02371 CHUANGLIAN HOLD
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About CHUANGLIAN HOLD Company
Chuanglian Education Finance Group (HK02371) is a Hong Kong Stock Exchange listed company dedicated to lifelong education and laying out the entire industry chain. Based on the field of vocational education and continuing education, the company serves the Ministry of Human Resources and Social Security system, and provides online and offline training services for tens of millions of Chinese civil servants, professional and technical personnel, etc. The total number of trainings has exceeded 20 million. By the end of 2017, the mobile product “Rongxue” App had more than 2 million users. As a member unit of the International Association for Continuing Engineering Education (IACEE) and a permanent member of the China Association for Continuing Engineering Education, the Chuanglian integrates high-quality education resources at home and abroad, builds an educational resource platform, exchanges and cooperation with world-class universities, institutions and enterprises, and exports high-quality educational resources to Chinese enterprises and universities. Lay out education and develop financial insurance business. In 2016, Chuanglian became one of the nine main founding members of the first approved Shinmei Life Mutual Insurance Company in the country. In the same year, it acquired 100% of the shares of Beijing CICC Insurance Brokers and officially entered the insurance industry. With the three major business systems as the core, supported by Internet technology, and with the mission of serving users, Fanglian aspires to become a unique leading enterprise in the Chinese education industry. Education improves the financial industry and popularizes financial catalytic education. Chuanglian has gradually established a self-circulating ecosystem of “education+finance” dual-track development. With education as the entry point and financial services as the ladder, Chuanglian will provide users with a complete overall service.
Revenue Breakdown
News
CITIC Securities's 24-year strategy for the education industry: Actively pay attention to industry changes, leading companies move up the ranks
CITIC Securities believes that along with the positive changes in the education industry, some leading companies are expected to show strong growth potential.
CHUANGLIAN HOLD: Interim Report 2023
CHUANGLIAN HOLD: Announcement of Interim Results for the six months ended 30 June 2023
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LIKELY BENEFICIARIES
Some Chinese chip shares in Hong Kong rose sharply after news of the package. Semiconductor Manufacturing International Corp (SMIC) $SMIC(00981.HK$ added mor...
whqqq : Why do other countries want to stop the development of China's chip industry? What's good for them?
YC SIEW : There's a famous sayings, Do unto others as you would have them do unto you. That's what someone is doing now.
101689942 whqqq: fear of competition. once china masters chip manufacturing, the cost of manufacturing will drop substantially due to their scale. which also mean the others will soon be pushed to the corner
whqqq 101689942: Thank you for your answer. It seems that they are afraid that China is better than them