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The IPO review of Dongfang Kemai Shanghai Stock Exchange was changed to “discontinue” the company as a professional manufacturing service provider for electronic paper display modules
On May 20, Zhejiang Dongfang Kemai Electronics Co., Ltd. (abbreviation: Dongfang Kemai) changed the IPO review status to “terminated” on the main board of the Shanghai Stock Exchange because the company and its sponsor withdrew the listing application.
Zhejiang Dongfang (600120.SH) plans to list and sell real estate and other assets in Shangcheng District, Hangzhou, and is expected to generate a total profit of about 223 million yuan
Zhejiang Dongfang (600120.SH) issued an announcement to further gather to revitalize existing assets and optimize the company's resource allocation...
Zhejiang Dongfang (600120.SH): Accumulated cost of 257 million yuan to buy back 2% of shares
Gelonghui, May 7 | Zhejiang Dongfang (600120.SH) announced that as of the disclosure date of this announcement, the company has completed this share repurchase. Through the Shanghai Stock Exchange trading system, the company has repurchased a total of 683.256.01 million shares of the company's shares through centralized bidding transactions, which has exceeded the number of repurchased shares not less than 68.3 million shares in the company's disclosed repurchase plan, accounting for 2.0005% of the company's total share capital. The highest price of the repurchase transaction was 3.94 yuan/share, the lowest price was 3.58 yuan/share, and the total amount of capital paid was RMB 25.650.22 million (excluding stamp duty)
Zhejiang Oriental (600120.SH) announced first-quarter results, net profit of 43.19 million yuan, a year-on-year decrease of 79.72%
According to the Zhitong Finance App, Zhejiang Oriental (600120.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 2,581 billion yuan, an increase of 19.65%; net profit to mother was 43.19 million yuan, a year-on-year decrease of 79.72%; after deducting non-net profit of 42.08 million yuan, a year-on-year decrease of 79.64%. Basic earnings per share were $0.01.
Zhejiang Dongfang (600120.SH): Accumulated cost of 150 million yuan to buy back 1.19% of shares
Gelonghui, April 15 | Zhejiang Dongfang (600120.SH) announced that as of April 15, 2024, the company had repurchased a total of 405.406.58 million shares through the Shanghai Stock Exchange trading system, accounting for 1.19% of the company's total share capital. The highest price of the repurchase transaction was 3.94 yuan/share, the lowest price was 3.58 yuan/share, and the total amount of capital paid was RMB 15,190.5929 million (excluding transaction fees such as stamp duty and transaction fees).
Why Investors Shouldn't Be Surprised By Zhejiang Orient Financial Holdings Group Co., Ltd.'s (SHSE:600120) Low P/E
When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 31x, you may consider Zhejiang Orient Financial Holdings Group Co., Ltd. (SHSE:600120) as a highly attractive
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