In the first 11 trading days of the year, we won 8 daily limit sectors, Beijing Cuiwei Tower Co.Ltd(603123) can be called the “most beautiful” in the recent digital RMB concept sector!
On the evening of January 18, Beijing Cuiwei Tower Co.Ltd(603123) released a performance forecast that it is expected to realize a net profit attributable to shareholders of the listed company of 140 million yuan to 180 million yuan in 2021, with a year-on-year increase of 72.16% to 121.35%.
holding payment company significantly increased profits
According to the announcement, according to the preliminary calculation by the financial department, the company expects to achieve a net profit attributable to the shareholders of the listed company of 140 million yuan to 180 million yuan in 2021, an increase of 59 million yuan to 99 million yuan compared with the same period of the previous year, a year-on-year increase of 72.16% to 121.35%.
As for the reasons for performance growth, Beijing Cuiwei Tower Co.Ltd(603123) explains that it is mainly due to the consolidated statements of Haike financing, the holding subsidiary. Haike RONGTONG expects that the net profit attributable to the shareholders of the parent company after deducting non recurring profits and losses in 2021 will be RMB 183 million to RMB 213 million.
Beijing Cuiwei Tower Co.Ltd(603123) completed the acquisition of 98.2975% equity of Haike RONGTONG in December 2020, of which 35.0039% equity purchased by the company from related shareholders is treated as business merger under the same control, and the remaining 63.2936% equity purchased from a third party is treated as minority shareholders’ equity of subsidiaries.
The announcement said that according to the relevant provisions of the accounting standards, in 2020, the net profit corresponding to 35.0039% equity of Haike financing was included in the net profit of the listed company, and the remaining net profit corresponding to 63.2936% equity was included in the profit and loss of minority shareholders. In 2021, the company’s net profit from the merger of 98.2975% equity of Haike financing resulted in a year-on-year increase in the net profit attributable to the shareholders of the listed company in the current period.
Public information shows that Haike RONGTONG is mainly engaged in the third-party payment business. Its main business is acquiring services, and completes the clearing and settlement services of transaction funds together with acquirers, bank card professional institutions and issuers.
the share price nearly doubled at the beginning of the year
Benefiting from the active performance of the digital RMB sector, Beijing Cuiwei Tower Co.Ltd(603123) shares have performed strongly recently.
In the 11 trading days since 2022, Beijing Cuiwei Tower Co.Ltd(603123) has harvested 8 trading boards, with a cumulative increase of 96.93%. As of the closing on January 18, Beijing Cuiwei Tower Co.Ltd(603123) reported 16.05 yuan / share, corresponding to a total market value of 12.8 billion yuan.
Public information shows that the actual controller of Beijing Cuiwei Tower Co.Ltd(603123) is the SASAC of Haidian District, Beijing. Its main business is retail services. It is a well-known department store brand in Haidian District, Beijing. Its business segments cover department stores, supermarkets, catering, leisure and entertainment, etc. At present, the company holds its own property of 194000 square meters in Beijing.
Beijing Cuiwei Tower Co.Ltd(603123) is recognized as a digital RMB concept stock by the market, which is related to the participation of its shopping malls in digital RMB promotion and the digital RMB acquiring business involved by its holding subsidiary Haike RONGTONG.
In early December 2021, Beijing Cuiwei Tower Co.Ltd(603123) said in response to investors’ questions on the SSE e interactive platform that Haike RONGTONG, the holding subsidiary of the company, has reached cooperation with a number of banks in the field of offline receipt of digital RMB and has the ability to accept digital RMB across banks. At present, all Cuiwei’s shopping malls can use digital RMB for shopping.
It is worth noting that for the recent popularity of the market, Beijing Cuiwei Tower Co.Ltd(603123) has successively released a number of abnormal stock trading fluctuations and risk tips to remind investors to pay attention to trading risks.
For the digital RMB business concerned by investors, it said in the announcement that Haike RONGTONG, the holding subsidiary of the company, is mainly engaged in the third-party payment business, and the income mainly comes from the bank card receipt handling fee. The new digital RMB payment method does not change its income source and structure, and the income generated will depend on the actual use of offline merchants and consumers in the future, It will not have a significant impact on its acquiring business scale and operating performance.
