600415 Zhejiang China Commodities City Group
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Zhejiang China Commodities City Group News
Small Commodity City (600415.SH): By the end of April, the Yiwu Pay platform added more than 8.5 billion yuan in cross-border RMB transactions in 2024
On May 17, Ge Longhui Commodity Market (600415.SH) said on the investor interactive platform that in the first quarter of this year, the company's market operation and trade service profits increased year-on-year, and the company's main business entered a new stage of development where volume and price rose sharply. The services of the Chinagoods AI Smart Innovation Platform continued to be enriched and intelligent. The new GMV in the first quarter reached 11 billion yuan, an increase of 37.5% over the previous year. The Yiwu Pay platform provides comprehensive fund management, multi-currency payment and full transaction support services for domestic and foreign trade operators. By the end of April, in 2024, more than 8.5 billion yuan in cross-border RMB transactions had been added
2023 Annual Report (English version)
Zhejiang China Commodities City Group (SHSE:600415) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Gelonghui Announcement Selection | Communication Holdings: Net profit increased 122.93% year-on-year in 2023; plans to transfer 10 to 4 to 30 yuan; Ningbo Jingda: plans to buy 100% of Wuxi Weiyan's shares and suspends trading
[Investment Project] Dongpeng Beverage (605499.SH): Dongpeng Drink (605499.SH) announced that it plans to build the “Dongpeng Drinks Group Zhongshan Production Base Project” and plans to sign an “Investment Agreement” with Zhongshan South China Modern Traditional Chinese Medicine City Development Co., Ltd. The investment project is the “Dongpeng Beverage Group Zhongshan Production Base Project”. To this end, the company plans to register and establish Zhongshan Dongpeng Vitamin Drinks Co., Ltd. in Cuiheng New District, Zhongshan City, with a registered capital of RMB 10 million, which is specifically responsible for promoting and implementing the investment project. Zhongshan Cuiheng New Area supports the company to build Dongpeng Beverage Group big data in the park
Small Commodity City (600415.SH): Big data company plans to transfer 100% of Xing Chen Enterprise Management's shares to Mall Holdings
Gelonghui, April 22 | Small Commodity City (600415.SH) announced that Big Data Company, a wholly-owned subsidiary of the company, plans to sign an “Equity Transfer Agreement” with the controlling shareholder Mall Holdings to agree that the Big Data Company will transfer 100% of its shares held by Xing Chen Enterprise Management to Mall Holdings; according to the evaluation report, the assessed value of all shareholders of Xingqi Chen Management involved in implementing the purpose of the share transfer is 0. The share transfer price is 0 yuan. Up to now, the debt balance between Xing Chen Enterprise Management and the listed company is 2,544 billion yuan. In order to avoid this transaction from being occupied by the controlling shareholder's non-operating capital, before the transaction is settled,
Zhejiang China Commodities City to Issue Bonds Worth Up to 7 Billion Yuan
Zhejiang China Commodities City Group (SHA:600415) plans to issue bonds of up to 7 billion yuan, the company said in its filing on the Shanghai Stock Exchange. The bonds will be in various forms, incl
Commodity City (600415.SH): Plans to invest 250 million yuan to launch an overseas fund
Gelonghui, April 16 | Small Commodity City (600415.SH) announced that the company intends to establish external industrial capital such as the cornerstone investor, in partnership with Broadcom (Shanghai) Management Consulting Co., Ltd. (“Shanghai Botong”), to attract services trade innovation and development guidance fund (limited partnership), Shandong Land and Sea Joint Investment Fund Partnership (known as “Land and Sea Fund”), and Jinhua City Construction Investment Group Co., Ltd. (referred to as “Jinhua City Investment”) to settle in Yiwu and form an offshore fund with a scale of about 1 billion yuan. The fund is managed by Beijing Botong Private Equity Fund Management Co., Ltd. The company plans to invest
Commodity City (600415.SH): Net profit of 713 million yuan in the first quarter decreased by 41.66% year on year
On April 16, Ge Longhui (600415.SH) released its report for the first quarter of 2024. Operating revenue for the reporting period was 2,681 billion yuan, up 26.42% year on year; net profit attributable to shareholders of listed companies was 713 million yuan, down 41.66% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 691 million yuan, down 36.03% year on year; basic earnings per share were 0.13 yuan.
Commodity City (600415.SH): Yiwu International Trade City had an average daily traffic of over 210,000 visitors in the first quarter, and the boom was higher than the same period in 2019 and 2023
On April 8, Ge Longhui Commodity City (600415.SH) said on the investor interactive platform that in the first quarter of this year, the average daily passenger traffic of Yiwu International Trade City exceeded 210,000, the average daily passenger traffic was 3,523 (up 160.2% year on year), and the average daily traffic volume was 99,514 (up 6.8% year on year). The boom was higher than the same period in 2019 and 2023.
Zhejiang China Commodities City Group Co., Ltd.'s (SHSE:600415) Stock Is Going Strong: Is the Market Following Fundamentals?
Most readers would already be aware that Zhejiang China Commodities City Group's (SHSE:600415) stock increased significantly by 14% over the past three months. Given the company's impressive perform
Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) Stock Most Popular Amongst Private Companies Who Own 58%, While Individual Investors Hold 35%
Key Insights Significant control over Zhejiang China Commodities City Group by private companies implies that the general public has more power to influence management and governance-related decisions
Small Commodity City (600415.SH): YiWuPay has supported cross-border payments in 25 mainstream currencies around the world, and its business covers more than 150 countries and regions
On February 2, Gelonghui Commodity City (600415.SH) said on an interactive platform that the company's subsidiary YiWuPay (YiWuPay) participated in the “Digital Finance Empowers Small and Medium Enterprises Digital Trade Development” forum to report and present on the theme “From “Global Trading” to “Global Payment”. Among them, the digital yuan cross-border solution was released as an important achievement at the Global Digital Trade Fair, and signed a “Digital RMB Cross-border Business Strategic Cooperation Agreement” with Bank of China Zhejiang Branch. YiWuPay is currently focusing its efforts in three directions: the first is in terms of cross-border payments, and continues to expand across borders
Small Commodity Mall (600415.SH): Up to now, more than 20,000 merchants have opened cross-border RMB accounts
On February 2, Gelonghui Commodity City (600415.SH) said on the interactive platform that other service revenue in the company's revenue classification is mainly service revenue contributed by big data companies (operators of the Chinagooods platform), information companies, etc. Since Yiwu Pay was officially launched on February 21, 2023, up to now, it has opened cross-border RMB accounts for more than 20,000 merchants, and the cross-border settlement capital has exceeded RMB 8.5 billion.
Small Commodity City (600415.SH): Compared with Chinese Zodiac Rabbit orders, orders for Chinese Zodiac Rabbit increased by more than 30%, and demand from overseas merchants increased significantly
Gelonghui, January 26 | Small Commodity Market (600415.SH) revealed that the investor relations activity record table shows that this year, not only New Year's picture calendar, Chinese zodiac dragon plush toys, dragon crafts, etc. are in high demand. This year, relevant industry operators began to sample in March, and placed orders one after another in May. After October, it was popular. In particular, after the United Nations passed a resolution to designate the Spring Festival as a United Nations holiday, orders for Chinese Zodiac Dragon products were popular. Orders for Chinese Zodiac Dragon products increased by more than 30% compared to orders from Chinese zodiac rabbits. There is a big demand growth.
Small Commodity City (600415.SH): Yiwupay currently supports cross-border payments in 25 mainstream currencies around the world
Gelonghui, January 26 | Small Commodity City (600415.SH) disclosed the investor relations activity record table, the company's cross-border RMB business target: within 3-5 years, GMV will reach more than 10 billion US dollars, and Yiwupay has become the most influential global payment brand. Currently, Yiwupay is focusing on three directions: one is cross-border payments, continuously expanding the scale of the cross-border RMB business, spreading its cross-border capabilities all over the world, and striving to become the first choice for global cross-border trade in the professional market; the second is domestic payments, further strengthening digital finance to empower domestic trade in the market Ability and level; the third is cross
The Returns On Capital At Zhejiang China Commodities City Group (SHSE:600415) Don't Inspire Confidence
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Typically, we'll want to notice a trend of growing return on capital employed (RO
Small Commodity City (600415.SH): 2023 net profit increased by 140% to 149%
On January 9, Gelonghui Commodity City (600415.SH) announced a pre-increase in 2023 results. It is expected to achieve net profit attributable to shareholders of listed companies of 2.65 billion yuan to 2.75 billion yuan in 2023, an increase of 140% to 149% compared with the same period last year. Net profit attributable to shareholders of listed companies in 2023 after deducting non-recurring profit and loss is estimated at 2.4 billion yuan to 2.5 billion yuan, an increase of 36% to 42% compared with the same period last year. The main reason for the advance increase in performance in the current period: (1) The company's main business revenue in the market continued to grow significantly. (2) Revenue from the company's investment in joint ventures
Commodity Mall (600415.SH): The holding subsidiary Mall Exhibition received a letter agreeing to list the National Small and Medium Enterprises Share Transfer System
On January 8, Gelonghui Commodity City (600415.SH) announced that the holding subsidiary Yiwu China Commodity City Exhibition Co., Ltd. (“Mall Exhibition”) recently received a share transfer letter from the National Small and Medium Enterprises Share Transfer System Co., Ltd., agreeing to the public transfer of the Mall's exhibition shares and listing on the National SME Share Transfer System (“New Third Board”). The transaction method is collective bidding. When the Mall Exhibition applied for a public transfer and listing, the number of shareholders did not exceed 200. According to regulations, the China Securities Regulatory Commission was exempted from registration, and the Mall Exhibition was subject to the supervision of unlisted public companies after listing.
Zhejiang China Commodities City Group Co., Ltd. (SHSE:600415) Doing What It Can To Lift Shares
Zhejiang China Commodities City Group Co., Ltd.'s (SHSE:600415) price-to-earnings (or "P/E") ratio of 22.3x might make it look like a buy right now compared to the market in China, where around half o
Zhejiang China Commodities City Group (SHSE:600415) Takes On Some Risk With Its Use Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
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