Everbright Securities: Stable property fundamentals, slow release of risk factors, seize lower sector allocation opportunities
Property fundamentals are stable, risk factors are mitigated, and opportunities at the bottom of the sector are seizing allocation opportunities.
Zhongtai Securities's 24-year property strategy: real estate-related businesses further decline leading companies or gradually increase dividend distribution rates
According to a research report released by Zhongtai Securities, property and real estate have been further decoupled, and the share of revenue and profit from real estate-related businesses in financial reports has declined further, and impairment from real estate business has also decreased marginally. In addition, leading property companies are gradually increasing their dividend distribution ratio. As the property industry reduces large-scale mergers and acquisitions and enters a period of steady growth, the distribution rate is expected to increase further.
Societe Generale IoT completed the acquisition of all shares in Henan Zhengzhiyue Real Estate
Societe Generale IoT (09916) issued an announcement on matters relating to the acquisition of all issued share capital of Henan Zhengzhiyue Real Estate Co., Ltd. All conditions of the agreement and the general framework agreement for construction have been reached and completed on December 26, 2023. After completion, the target company became a wholly-owned subsidiary of the company, so the target company's financial data has been incorporated into the group's accounts. According to Chapter 14A of the Listing Rules, the construction services provided by Zensun Development Group to the Group constitute the Company's continuing connected transactions and are governed by the General Construction Framework Agreement.
CITIC Securities: Steady progress in the property industry, leading the way and continuing to grow
The Zhitong Finance App learned that CITIC Securities released a research report saying that the basic stock market in the property industry is stable, cost-side pressure is low, and performance transparency is high. If enterprises can control repayment risks during growth and expansion, then it is entirely possible for companies to achieve a steady increase in performance.
Xingye Wulian Service Group Hires New Auditor
Xingye Wulian Service Group (HKG:9916) appointed Mazars CPA as the firm's new auditor effective today, Dec. 22, to fill the vacancy following the resignation of Ernst & Young (EY). Ernst & Young resig
Societe Generale IoT (09916.HK) appoints China Audit Zhonghuan (Hong Kong) as new auditor
Gelonghui, December 22|Societe Generale IoT (09916.HK) announced that EY has resigned as the company's auditor, effective from December 21, 2023. The board of directors further announced that, in accordance with the recommendations of the Audit Committee, it has been decided to appoint China Audit Zhonghuan (Hong Kong) Certified Public Accountants Limited (“China Audit Zhonghuan”) as the company's new auditor, effective December 22, 2023, to fill the vacancies after Ernst & Young's resignation and remain in office until the end of the company's next annual general meeting of shareholders.
Improved Earnings Required Before Xingye Wulian Service Group Co. Ltd. (HKG:9916) Stock's 29% Jump Looks Justified
Those holding Xingye Wulian Service Group Co. Ltd. (HKG:9916) shares would be relieved that the share price has rebounded 29% in the last thirty days, but it needs to keep going to repair the recent d
XINGYE WULIAN: Interim Report 2023
CITIC Securities: Profitability of property service companies bottomed out and rebounded, recommending leading blue-chip companies and small and medium-sized high-dividend companies
CITIC Securities released a research report saying that in mid-2023, the weighted gross profit margin of the sample company was 16.5%, an increase of 0.28 ppts over the same period last year, and remained highly stable. The semi-annual report once again proves that the profitability of property service companies has not declined over time.
XINGYE WULIAN: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Societe Generale IoT (09916.HK) plans to hold a board meeting on August 25 to approve interim results
GLONGHUI, August 11丨Societe Generale IoT (09916.HK) announced that it will hold a board meeting on August 25, 2023 (Friday) to approve (among others) the company and its subsidiaries's interim results and announcements for the six months ended June 30, 2023, and determine the interim dividend (if any).
XINGYE WULIAN: DATE OF BOARD MEETING
Societe Generale IoT plans to acquire all shares of Henan Zhengzhiyue Real Estate for 95 million yuan
Societe Generale IoT (09916) announced that on July 5, 2023, the buyer (Henan Xingye Internet of Things Management Technology Co., Ltd., an indirect wholly-owned subsidiary of the company) intends to acquire all issued shares of the target company (Henan Zhengzhiyue Real Estate Co., Ltd.) from the seller (Henan Zhengshang Real Estate Co., Ltd.) at a cost of RMB 95 million. According to the terms and conditions of the agreement, the cost will be paid by the buyer in cash within six months from the date of the agreement. According to reports, the target company is a real estate development company incorporated in China. On the date of this announcement and after completion, the target company will own the property located in Zhengzhou, Henan Province, China
Societe Generale IoT: Annual Report 2022
Societe Generale IoT: Supplemental Announcement in Relation to the Company's 2022 Results Announcement
Societe Generale IoT: (1) Annual results announcement for the year ended December 31, 2022, (2) Proposed amendments to the Articles of Association and (3) Adoption of the second revised and restated Articles of Association
Societe Generale: interim report 2022
Societe Generale: interim results announcement for the six months ended June 30, 2022
Societe Generale: voting results of the annual general meeting held on June 28, 2022
Societe Generale: annual report 2021