Securities code: 600715 securities abbreviation: Cultural Investment Holdings Co.Ltd(600715) No.: 2022-009 Cultural Investment Holdings Co.Ltd(600715)
Stock trading risk warning announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important:
The closing price of Cultural Investment Holdings Co.Ltd(600715) (hereinafter referred to as “the company”) shares rose by the limit for three consecutive trading days on February 7, 8 and 9, 2022, but there was no significant change in the fundamentals of the company and there was no material information that should be disclosed. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently;
Bing dwen dwen, the company’s research and development, has been concerned about the recent Olympic Games in Beijing. The company’s licensed production and sales rights are not exclusively authorized, and the sales of Winter Olympic derivatives is not the company’s main business. There is uncertainty about whether the future sales heat can continue. The impact of Winter Olympics related businesses on the final revenue and profit of the company still needs detailed statistics, and the impact on the performance is uncertain. Please refer to the financial data disclosed by the company;
Affected by the covid-19 epidemic, the recovery of the film and television industry is still under pressure, and the recovery of the company’s cinema business is still uncertain. On January 29, 2022, the company issued the announcement of Cultural Investment Holdings Co.Ltd(600715) 2021 annual performance loss forecast. It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be – 500 million yuan to – 420 million yuan. Please pay attention to the relevant risks.
The closing price of Cultural Investment Holdings Co.Ltd(600715) shares rose for three consecutive trading days on February 7, 8 and 9, 2022. The company now explains the relevant matters and risks as follows:
1、 Transaction risk prompt of secondary market
The closing price of the company’s shares rose for three consecutive trading days on February 7, 8 and 9, 2022, but there was no major change in the company’s fundamentals and there was no major information that should be disclosed. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
2、 Relevant risk tips
For the recent market attention to the concepts related to the Beijing Winter Olympic Games, after verification, the relevant business conditions of the company are described as follows:
The company signed a contract in June 2021 to become a franchised manufacturer and distributor of Beijing 2022 Winter Olympic Games and winter Paralympic Games. Bing dwen dwen Bing dwen dwen Bing dwen dwen Bing dwen dwen, Bing dwen dwen, 24, including 15 types of ice badge sports ceramic badge, 2 ice block masks, 1 ceramic pendants, 1 ice cube pier elements, precious metal commemorative silver plaque products, 1 ice cream pier, Yuan Yuan handicraft commemorative badge set.
At present, there are 29 licensed manufacturers and 58 licensed retailers of Winter Olympics derivatives. The rights and interests of licensed production and sales obtained by the company are not exclusive authorization, and the sales of Winter Olympics derivatives is not the main business of the company. There is uncertainty about whether the sales heat can be sustained in the future. The impact of Winter Olympics related businesses on the final revenue and profit of the company still needs detailed statistics, and the impact on the performance is uncertain. Please refer to the financial data disclosed by the company.
In addition, affected by the covid-19 epidemic, the recovery of the film and television industry is still under pressure, and the recovery of the company’s cinema business is still uncertain. On January 29, 2022, the company issued the announcement of Cultural Investment Holdings Co.Ltd(600715) 2021 annual performance loss forecast. It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be – 500 million yuan to – 420 million yuan. Please pay attention to the relevant risks.
3、 Board statement
The board of directors of the company confirms that there are no major matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules, and the board of directors has not been informed of the information that may have a great impact on the trading price of the company’s shares and their derivatives that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
The information publicly disclosed by the company is on the designated media and the website of Shanghai Stock Exchange (www.sse. Com. CN.) Subject to publication. Please invest rationally and pay attention to risks.
It is hereby announced.
Cultural Investment Holdings Co.Ltd(600715) board of directors February 10, 2022