Another industry is in a dilemma.
On February 28, C&S Paper Co.Ltd(002511) released the annual performance express of 2021.
In 2021, the company achieved a revenue of 9.194 billion yuan, a year-on-year increase of 17.52%; The net profit was 582 million yuan, a year-on-year decrease of 35.80%.
For the change of performance, C&S Paper Co.Ltd(002511) said that it was caused by the rise of international raw material price, packaging material price, production cost and market expense investment C&S Paper Co.Ltd(002511) products mainly include roll paper, draw paper, paper handkerchief, wet towel, personal care products, baby diapers, cotton soft towel, etc.
On February 28, according to the data of business agency, the average market price of coniferous wood pulp in Shandong was 6566 yuan / ton, an increase of 8.89% compared with the average market price of coniferous wood pulp in Shandong at the beginning of the month (the average market price on February 1 was 6030 yuan / ton); The average market price of broad-leaved wood pulp in Shandong was 5580 yuan / ton, up 6.29% compared with the average market price in Shandong at the beginning of the month (the average market price on February 1 was 5250 yuan / ton). As of March 1, the market price of coniferous wood pulp was 6610 yuan / ton and that of broad-leaved wood pulp was 5630 yuan / ton.
This is its annual net profit for the first time in six years. From 2015 to 2020, C&S Paper Co.Ltd(002511) respectively realized net profit attributable to parent company of 88.2 million yuan, 260 million yuan, 349 million yuan, 407 million yuan, 604 million yuan and 906 million yuan.
C&S Paper Co.Ltd(002511) one of the countermeasures is to increase the price. On February 24, C&S Paper Co.Ltd(002511) said on the investor interaction platform that at present, the vast majority of products have implemented price increases, and the range of price increases varies according to regions, stores and specific products. At the same time, it will also make flexible adjustments with reference to market dynamics.
But it’s not that easy to implement.
According to the industry data quoted by Guangzhou Daily, as of the end of November last year, the inventory of enterprises in the industry had increased by 11.05% year-on-year, and the pressure of paper enterprises to go to the warehouse remained. In addition, in major supermarkets, the price war of paper products is still hot.
Under the influence of multiple factors, C&S Paper Co.Ltd(002511) share price fell all the way.
On March 1, C&S Paper Co.Ltd(002511) shares closed at 14.74 yuan, up 0.55%, with a total market value of 19.3 billion yuan. Compared with the record high of 35.1 yuan set at the end of June 2021, the closing price has fallen by nearly two-thirds.
On the same day, the Shanghai Composite Consumer 80 index closed at 663504 points, up 1.45%.
food and beverage
Zhengbang group issued a clarification that “application for bankruptcy” and other contents are false information
On March 1, Zhengbang group issued a clarification statement saying that the relevant contents of the company’s “application for bankruptcy” are false information. Investors are requested to take the public disclosure of the company’s information as the standard and do not believe rumors. For malicious acts that spread rumors and damage the interests of investors, the company will reserve the right to safeguard the legitimate rights and interests of the company through legal channels.
Fujian Aonong Biological Technology Group Incorporation Limited(603363) : in February, the company’s pig sales increased by 104.94% year-on-year
On March 1, Fujian Aonong Biological Technology Group Incorporation Limited(603363) announced that in February 2022, the company sold 305300 pigs, with a month on month decrease of 19.83% and a year-on-year increase of 104.94%. By the end of February 2022, the company had 1.8328 million pigs, an increase of 56.88% over the end of February 2021 and 2.25% over the end of December 2021.
Guangzhou Restaurant Group Company Limited(603043) : net profit of RMB 549 million in 2021, with a year-on-year increase of 18.46%
On March 1, Guangzhou Restaurant Group Company Limited(603043) released the financial report. In 2021, the company achieved an operating revenue of 3.884 billion yuan, a year-on-year increase of 18.14%, and the net profit attributable to shareholders of listed companies was 549 million yuan, a year-on-year increase of 18.46%.
Jiangxi Huangshanghuang Group Food Co.Ltd(002695) : it is proposed to invest 30 million yuan to establish a wholly-owned subsidiary in Hainan
On February 28, Jiangxi Huangshanghuang Group Food Co.Ltd(002695) announced that it had recently deliberated and approved the proposal on the wholly-owned subsidiary’s new processing and construction project with an annual output of 8000 tons of sauce and brine food and the use of over raised funds to increase the capital of the wholly-owned subsidiary, and agreed that the company would use over raised funds and its own funds to increase the capital of the wholly-owned subsidiary, Zhejiang Jiangxi Huangshanghuang Group Food Co.Ltd(002695) Food Co., Ltd., by 208 million yuan. Among them, 552432 million yuan was raised with over raised funds, 152 million yuan was raised with self owned funds, 40 million yuan was added to the registered capital, Zhejiang Jiangxi Huangshanghuang Group Food Co.Ltd(002695) registered capital increased from 10 million yuan to 50 million yuan, and the remaining 168 million yuan was added to the capital reserve for the new “8000 ton sauce brine food processing and construction project”.
Sanquan Food Co.Ltd(002216) joint venture completed industrial and commercial registration
On February 28, Sanquan Food Co.Ltd(002216) issued an announcement that the first phase of capital contribution of Tianjin Shanhe Meihao has been raised, and Tianjin Shanhe Meihao has completed industrial and commercial registration. Tianjin Shanhe Meihao mainly invests in food industry, large consumption industry and other related fields. Chengdu Quanyi Food Co., Ltd., a subsidiary of Sanquan Food Co.Ltd(002216) Co., Ltd., as a limited partner, jointly invested with Hainan Shanhe Private Equity Fund Management Co., Ltd. with its own capital of 257.4 million yuan to establish Tianjin Shanhe Meihao private equity investment fund partnership.
multiple meta universe trademarks of snow ice city were rejected
On March 1, according to the China Trademark network, recently, the trademark process of several “miyue yuanuniverse” applied for registration by miyue Ice City Co., Ltd. was changed to “rejection notice issuance”, and the international classification includes convenience food, beer and beverage, education and entertainment, etc. It is worth mentioning that recently, several “xuewang yuanuniverse” trademarks applied for registration by the company were also rejected. The above trademarks were applied for in November 2021.
e-commerce retail
Ministry of Commerce: further develop “Silk Road e-commerce” and strengthen cooperation in digital trade
On March 1, Assistant Minister of Commerce Sheng Qiuping said at the press conference of the state information office that he would actively cultivate new growth points of cooperation, deeply develop “Silk Road e-commerce”, strengthen cooperation in digital trade, new infrastructure and other fields, and promote the construction of a digital cooperation pattern; It will also promote the green development of foreign investment cooperation and strengthen cooperation in new energy, energy conservation and environmental protection, green infrastructure and other fields.
Gome chuyongbing: this year, Gome jointly subsidized about 1 billion yuan nationwide
On March 1, Chu Yongbing of Gome’s SVP introduced the contents of the “black five” promotion activities in the consumer benefit month. He said that in the past seven years, Gome’s “black five” promotion activities have met the needs of 90 million families. This year, Gome, together with government agencies at all levels, subsidized about 1 billion yuan nationwide. In addition to continuing to increase the preferential intensity of 3C categories of household appliances, More than 100 million yuan will be subsidized for non household appliances, covering “famous and special” products all over the country. Users can get coupons free of charge and buy them as much as they like. Chu Yongbing introduced that from March 4, 4145 offline stores in 423 cities across the country will jointly launch the “true happiness” app to promote activities at the same time.
express logistics
manbang group’s total revenue in 2021 was 4.66 billion yuan, with a year-on-year increase of 80.4%
On March 1, manbang group released the fourth quarter and full year results of 2021. According to the data, the transaction GTV of manbang platform in 2021 was 262.3 billion yuan, a year-on-year increase of 50.9%; The number of performance orders reached 128 million, a year-on-year increase of 78.8%; The annual total revenue reached 4.66 billion yuan, a year-on-year increase of 80.4%. In the fourth quarter of 2021, the transaction of gtv69.5 billion yuan on manbang platform increased by 22.1% year-on-year; The revenue was 1.43 billion yuan, a year-on-year increase of 68.1%; The number of performance orders reached 34.8 million, a year-on-year increase of 41.6%; The net profit realized under non US accounting standards is about 243 million yuan.
Yunda Holding Co.Ltd(002120) signed a contract with Alibaba cloud to jointly build a smart Logistics database innovation and Application Center
On March 1, Yunda Holding Co.Ltd(002120) and Alibaba cloud signed a cooperation agreement in Shanghai. The two sides will set up a “smart Logistics database innovation and Application Center” and a joint management committee to make decisions on major matters of the innovation and application center and jointly explore and promote the in-depth application of distributed database in the core system of smart logistics.
Entertainment Games
iqiyi Gong Yu: fully realize the profit and loss balance of non GAAP operation in 2022
The financial report shows that in 2021, iqiyi’s total revenue was 30.6 billion yuan, a year-on-year increase of 3%; The net loss was 6.2 billion yuan, up from 7 billion yuan in the same period of the previous year; Under non GAAP, the operating loss was 3 billion yuan, and the operating loss rate narrowed to 10% from 15% in the same period last year. In the fourth quarter, the average daily number of total subscription members of iqiyi was 97 million, compared with 102.7 million in the same period of the previous year. “Our goal is to achieve full year non GAAP operation level profit and loss balance in 2022 and quarterly non GAAP operation level profit and loss balance as soon as possible.” Gong Yucheng, founder of iqiyi.
Baidu’s adjusted operating profit of 4.31 billion yuan in the fourth quarter
On March 1, baidu released its financial report. In the fourth quarter of 2021, the company’s revenue was 33.09 billion yuan, and the market expected 32.228 billion yuan, up from 30.263 billion yuan in the same period last year. In the fourth quarter, the adjusted operating profit was 4.31 billion yuan, with an estimated 2.88 billion yuan. After adjustment in the fourth quarter, the profit per ads was 11.6 yuan and the market expected 9.25 yuan.
Tencent Penguin film and television invested 3 million to establish a new company in Zhejiang
On March 1, according to industrial and commercial data, Zhejiang Dongyang Penguin film and Television Communication Co., Ltd. was established recently. Its legal representative is sun Zhonghuai, with a registered capital of 3 million yuan. Its business scope includes organizing cultural and artistic exchange activities; Advertising production; Film production services, etc. Shareholder information shows that the company is wholly owned by Shanghai Tencent Penguin film and Television Culture Communication Co., Ltd.
b station new company’s business scope includes TV drama production
On March 1, according to industrial and commercial data, Chengdu BiliBili Technology Co., Ltd. was established recently. Its legal representative is Zheng binwei, with a registered capital of 10 million yuan. Its business scope includes film production services; Film distribution; TV drama production; TV series distribution, etc. Shareholder information shows that the company is wholly owned by Shanghai BiliBili Animation Co., Ltd.
bytes beat to set up a large number of new engine companies
On March 1, according to industrial and commercial data, Zhejiang Juliang engine Network Technology Co., Ltd., Sichuan Juliang Engine Technology Co., Ltd. and Fujian Juliang Engine Technology Co., Ltd. were established recently. The legal representatives include Zhang Lizhe and Luo Lixin, with a registered capital of 10 million yuan. Their business scope includes technical services, development, transfer and promotion; The three companies are wholly owned by Hainan Zhizhi Houde Technology Co., Ltd., a subsidiary of the company. A few days ago, Hainan Zhizhi Houde Technology Co., Ltd. also invested and established Beijing Juliang engine information technology Co., Ltd. and Shanghai Juliang engine Network Technology Co., Ltd.
Qualcomm announces cooperation with byte runout to develop XR devices and software
On March 1, during mwc2022, Qualcomm and byte beat announced that they would cooperate to develop XR equipment and software to realize a global XR ecosystem. Cristiano, President and CEO of Qualcomm. Amun revealed that Pico’s future XR products will be equipped with Qualcomm’s development platform Xiaolong spaces XR.
many companies responded to Deppon Logistics Co.Ltd(603056) acquisition rumors
In February 28th, according to the China Securities Network, there were rumors that Deppon Logistics Co.Ltd(603056) would be acquired. Rumors tiktok, including Jingdong, rhyme and jitter, were heard. Tiktok responded that there was no plan to acquire Debang express. Jingdong did not respond Deppon Logistics Co.Ltd(603056) said that everything was subject to the announcement. On February 27, Deppon Logistics Co.Ltd(603056) announced that the controlling shareholders were planning major matters related to the change of ownership structure, and the trading of the company’s shares was suspended from February 28. Before the suspension announcement, the company’s share price rose by a large amount, up 19.55% in the past three trading days (February 23 to February 25).
the legal representative of Zhejiang byte Beating Technology Co., Ltd. was changed from Guo Jichun to Chen Tao
On March 1, according to industrial and commercial data, recently, there was an industrial and commercial change in Zhejiang byte Beating Technology Co., Ltd. Chen Tao no longer served as the executive director, manager and legal representative of the company, which was replaced by Guo Jichun. The company was founded in May 2018 with a registered capital of 10 million yuan and is wholly owned by today’s headlines Co., Ltd. Recently, Chen Tao has withdrawn from the legal representative and senior management positions of several affiliated companies.
Mi media did not inject 1 million to establish a new company in Hainan
On March 1, according to industrial and commercial data, recently, Hainan miwei culture media Co., Ltd. was established. Its legal representative is Mou Yu, with a registered capital of 1 million yuan. Its business scope includes organizing cultural and artistic exchange activities; Production and operation of radio and television programs; Film distribution; Performance agent, etc.
Shareholder information shows that the company is wholly owned by Beijing miwei Media Co., Ltd.
musical instruments
Hailun Piano Co.Ltd(300329) 2021 net loss of 808905 million yuan
On February 28, Hailun Piano Co.Ltd(300329) released the annual performance express of 2021. During the reporting period, the company’s total operating revenue was 522 million yuan, a year-on-year increase of 9.72%. The net loss was 808905 million yuan, with a profit of 318375 million yuan in the same period last year.
home
IKEA China: offline customer contacts will not be reserved in Guiyang market since April 1
On March 1, IKEA China official wechat announced that after evaluating IKEA’s business in Guiyang market from the perspective of Omni channel, IKEA China decided to adjust its customer contact layout in Guiyang market from April 1, 2022, that is, focus on online channels at this stage and no longer retain offline customer contacts. After the adjustment, local and surrounding consumers can still buy IKEA products through IKEA’s official website, app, IKEA tmall flagship store and IKEA wechat applet mall.
luxury
Theft of high-end jewelry by Tiffany
On March 1, according to media reports, Cartier sued Tiffany, accusing its luxury rival of stealing trade secrets about its high-end jewelry from an employee who was led away. Tiffany and its parent company did not immediately respond to requests for comment.
Education
Ministry of Education: it is strictly prohibited to force parents and students to purchase terminal equipment and digital services
On March 1, LV Yugang, director of the Department of basic education of the Ministry of education, stressed the need to resolutely prohibit forcing parents and students to buy terminal equipment and digital services, so as to prevent increasing the economic burden of the masses.
New Oriental fined 400000 for price violation
On March 1, according to the website of Beijing Municipal Market Supervision Bureau, Beijing New Oriental Xuncheng Network Technology Co., Ltd. recently added administrative punishment information. After investigation, the party concerned entrusted Beijing malt Growth Technology Co., Ltd. to act as an agent. From April 21, 2021 to April 28, 2021, the advertisement of “new oriental-1 yuan IELTS course” was published on today’s headline app. The advertisement content includes the words “Haidian IELTS preparation, the original price is 399 yuan, and the high-quality course only needs 1 yuan on April 27”. After verification, the original price of the above products was 399 yuan, which was never actually sold, there was no relevant sales record, and it was not indicated on the sales page. Haidian District Bureau of market supervision and administration of Beijing Municipality ordered the party concerned to correct the above illegal acts and decided to impose the following penalties: warning; Fine: 400000 yuan.
New Oriental Investment establishes venture capital partnership
On March 1, according to industrial and commercial data, recently, Shenzhen Lingyi venture capital partnership (limited partnership) was established. The executive partner is Beijing Jiatong Private Equity Fund Management Co., Ltd., and its business scope includes: venture capital; Engaging in investment activities with its own funds; Enterprise management consulting, etc. Equity penetration shows that the company is jointly held by Beijing Lexue Yangfan Education Technology Co., Ltd. and Beijing Jiatong Private Equity Fund Management Co., Ltd., which is indirectly wholly owned by New Oriental Education Technology Group Co., Ltd.
ape counseling application for registration of zebra encyclopedia trademark
On March 1, according to China Trademark network, recently, Beijing ape Power Education Technology Co., Ltd., an affiliated company of ape counseling, applied to register the trademark of “zebra encyclopedia”, which is internationally classified as communication services and office supplies. At present, the trademark status is under application.
Baiping education applied for bankruptcy liquidation: it is difficult for thousands of students to refund due to the rupture of capital chain
On February 28, according to the upstream news, Baiping education, a veteran teaching and training institution in Guangzhou with a 20-year business history, officially applied for bankruptcy liquidation. According to the announcement, Baiping education will stop various teaching and services from February 28, 2022 and will hire professional lawyers to apply for bankruptcy liquidation according to law.
