On March 16, there was a long lost activity in the film and television media sector, and several stocks once raised the trading limit.
Specifically, in terms of concrete, the Omnijoi Media Corporation(300528) , Zhejiang Talent Television & Film Co.Ltd(300426) etc. all strengthened.
"Today's market is still a round of capital speculation." A market person pointed out that at present, the fundamentals of the film and television media industry have not completely improved. However, he also pointed out that the upcoming film schedules have brought some confidence to the recovery of the industry.
After a relatively dull Spring Festival, the film box office may usher in a turnaround in March and the coming April, with a number of highly concerned imported films about to take over.
Public information shows that the imported films currently scheduled for the small and long Qingming Festival holiday in April include "mysterious sea", "new Batman", "falling moon", "spirit Hotel 4", "magical animals", etc.
"Affected by the epidemic in the past two years, the number of imported films has decreased. The release of many imported blockbusters may boost the box office." However, the person in the industry also said that due to the repeated outbreaks in many places in China, looking forward to the whole year, it is optimistic that the real improvement of the industry may have to wait for May Day and summer.
industry gradually bottoms out
Over the past two years, the film and television industry has undoubtedly been in a cold winter. However, after experiencing a sharp decline in performance, the whole industry is now coming out of the bottom and recovering slowly.
From a macro perspective, according to the data released by the state film administration on January 1, 2022, the total box office of China Film Co.Ltd(600977) in 2021 reached 47.258 billion yuan, an increase of 131.46% over 2020; The total number of people watching movies in urban cinemas reached 1.17 billion, an increase of 112.7% over 2020. 6667 new screens were added throughout the year, and the total number of screens reached 82248. The total box office and total number of screens continued to rank first in the world.
From the micro level, "turning losses into profits" has become the trend of the latest financial reports of A-share related companies. According to the reporter's incomplete statistics, among the 25 film and television stocks that have announced the performance forecast at present, 13 have announced their expected profits, and many of the other companies have also announced "narrowing the range of losses".
In addition to data, the development structure of the industry is also changing.
An insider lamented that the China Film Co.Ltd(600977) market in the past two years can be described as a fairy fight: "in the past two years, the supply of imported films is insufficient, but the level of audience will not decline, so the whole industry is forced to continuously improve the quality." According to the data, among the total ticket rooms in 2021, the box office of domestic films was 39.927 billion yuan, accounting for 84.49% of the total box office. "You can obviously find that the word-of-mouth effect has become more and more obvious in the past two years. On the contrary, the traditional means of marketing by stars and gimmicks has become more and more difficult."
Central China Securities Co.Ltd(601375) pointed out that in the post epidemic era, the core of guiding the industry to develop healthily and healthily may be to continuously output high-quality film content, drive the repair of film viewers and reshape the habit of audiences going to cinemas, rather than increasing the box office through price increases.
In addition, the market share of film and television cinemas is also changing. According to the data, the market share of Wanda cinema and Wanda film investment has continued to increase, reaching more than 20% at present. "Cinemas and so on are heavy asset investment, and the fixed cost in the early stage is very large, but the marginal cost growth in the later stage is controllable." The aforementioned insiders believe that, compared with increasing ticket prices, increasing market share in the future will become an important means for the industry to achieve profitability.
Interestingly, some market participants pointed out that the relevant news of yesterday's "actor Deng Lun was punished for tax evasion" may also reflect that changes are taking place within the industry today.
"Punishing individual actors is only an appearance. Behind the governance of actor stars' tax problems is the adjustment of the profits of the whole industry chain." The source believes that with the deepening of the rectification of the industry and the simultaneous development of many items, the chronic diseases such as "sky high film remuneration" in the film and television industry may be solved. "If the stars share less cake in the industry, the profits of the industry can be improved, which is beneficial to the industry in the long run."
on March 16, Tahoe Group Co.Ltd(000732) announced that the board of directors of the company learned recently that Huang Qisen, chairman and general manager, was assisting relevant authorities in the investigation
According to the 2020 annual report, Huang Qisen is the actual controller of Tahoe Group Co.Ltd(000732) company.
Huang Qisen, born in 1965, has a bachelor's degree and is an engineer. He once worked in China Construction Bank Corporation(601939) Fujian Branch. Since 1996, he has successively served as the legal representative, chairman and general manager of Taihe (Fujian) Group Co., Ltd; Chairman of Taihe Investment Group Co., Ltd; From March 2010 to now, he has served as the chairman and general manager of the 6th, 7th, 8th and 9th board of directors of the company. From December 2019 to now, acting as the Secretary of the company.
at present, it is difficult to clarify why Huang Qisen assisted the relevant authorities in the investigation. However, the Tahoe Group Co.Ltd(000732) board of directors has launched an emergency plan. At present, Ge Yong, CO president of the company, and Wang Jinggang, CO president of the company, normally preside over the production and operation of the company
In March 16th, Tahoe Group Co.Ltd(000732) released the open letter of friends from all walks of life who issued a concern to Tahoe Group Co.Ltd(000732) in the official account of WeChat. It said that in addition to mentioning the information in the above announcement, also mentioned that GE Yong and Wang Jinggang were promoted to joint presidents in December 2019, all of them are Tahoe Group Co.Ltd(000732) endogenous senior managers.
Ge Yong was born in 1971 with a Bachelor of science and a master of management. From September 2012 to February 2014, served as assistant to Tahoe Group Co.Ltd(000732) president and executive deputy general manager of Beijing Taihe Real Estate Development Co., Ltd; From July 2016 to now, he has served as a director of Taihe Investment Group Co., Ltd; From February 2014 to now, served as Tahoe Group Co.Ltd(000732) deputy general manager; From September 2016 to now, he has served as a director of Tahoe Group Co.Ltd(000732) the 8th and 9th board of directors.
Wang Jinggang, born in 1977, holds a master's degree and is a senior economist. From November 2017 to January 2019, served as assistant to Tahoe Group Co.Ltd(000732) president and vice president of Beijing region; From January 2019 to now, he has served as Tahoe Group Co.Ltd(000732) deputy general manager.
Tahoe Group Co.Ltd(000732) said that the company's management team will fully promote the current resumption of work and production, delivery and quality assurance under the guidance of the established strategic strategy in the special period, the company will actively fulfill the main responsibility of the enterprise and actively promote debt resolution under the strong leadership of provincial and municipal governments and relevant departments and the strong support of financial institutions and relevant units
In the first half of 2020, affected by the epidemic situation and other superimposed factors, Tahoe Group Co.Ltd(000732) encountered difficulties due to liquidity problems.
On February 14, 2022, Tahoe Group Co.Ltd(000732) announced that the company had a large amount of overdue loans as of November 30, 2021, the amount of overdue loans of the company was 49.563 billion yuan. Up to now, the company and all parties have not formed a comprehensive debt restructuring solution
Correspondingly, Tahoe Group Co.Ltd(000732) from the beginning of 2020, the share price continued to decline.
Tahoe Group Co.Ltd(000732) 2020 year to date, weekly stock price trend
Tahoe Group Co.Ltd(000732) pointed out in the open letter that over the past year, the company has reached a settlement with most financial institutions, and most projects in the country have resumed work and production. Since 2021, more than 20 projects (batches) have been delivered in China.
Tahoe Group Co.Ltd(000732) said in the open letter that for more than a year, under the leadership of Huang Qisen, the chairman of the board of directors, the company has been actively revitalizing assets, reducing liabilities, adjusting structure, reshaping market confidence and striving to restore the sustainable and healthy development of the company under the ideological guidance of "never lying flat, being brave in taking responsibility and breaking the situation with all efforts", and always taking "resumption of work and production and ensuring the quality of housing delivery" as the first priority.
Tahoe Group Co.Ltd(000732) is mainly engaged in the development and operation of residential real estate and commercial real estate. It has medium and high-end residential real estate products with Taihe courtyard department, grand courtyard department, garden department, residence department, government department and Bay Department as the core product lines, and commercial real estate products with Taihe Plaza and Taihe Li as the core product lines.
on January 29, 2022, Tahoe Group Co.Ltd(000732) disclosure performance forecast shows that the company is expected to realize the net profit attributable to the shareholders of the listed company from 101 million yuan to 132 million yuan in 2021, and the net profit after deducting non recurring profits and losses from 372 million yuan to 483 million yuan
Tahoe Group Co.Ltd(000732) 2021 annual performance forecast
Tahoe Group Co.Ltd(000732) introduction to the above performance changes, it is mentioned that the sales revenue of the company's real estate projects in 2021 can be recognized, which has increased significantly compared with the same period in 2020, and all kinds of expenses and fixed costs are strictly controlled, which has achieved some results in saving expenses, and the expenses during the period have decreased significantly.
After the investigation of the relevant person of the company? Can the previous agreement between the company and Vanke be implemented?
according to the investigation, on July 30, 2020, Tahoe Group Co.Ltd(000732) controlling shareholders Taihe investment and Huang Qisen signed an agreement with Hainan Wanyi, a wholly-owned subsidiary of Vanke. Taihe investment plans to transfer 19.9% of the company's shares to Hainan Wanyi at a transfer price of 4.9 yuan / share, with a corresponding total price of about 2.43 billion yuan
as of September 29, 2020, Taihe investment, Huang Qisen and Hainan Wanyi have unanimously confirmed that the conditions agreed in Article 4.1 of the share transfer framework agreement have not been fully met, and Hainan Wanyi has no intention to unilaterally terminate the above agreement at present. Since then, there has been no latest progress in bilateral cooperation
It is worth noting that in March 10, 2022, Tahoe Group Co.Ltd(000732) issued a statement through the WeChat public number, saying that the so-called " Tahoe Group Co.Ltd(000732) bankruptcy" left some "unfinished buildings" and was taken over by Vanke. "The official account of more than 50 real estate projects under Tahoe Group Co.Ltd(000732) is in the process of shutting down". "Taihe can finance this year's social networking business explosion" chao chao Du app "and other views and content are purely rumors, which is not in line with the facts.
