Financial Services
Luye Pharma Continues to Deliver Strong Growth in 2019
SHANGHAI, March 27, 2020 /PRNewswire/ -- Luye Pharma Group (02186.HK) reported its financial results for 2019 onMarch 27, 2020. According to the results, the company has achieved a total revenue ofRMB 6.358 billion, up 22.9% year-on-year. EBITDA wasRMB 2.488 billion, up 26.9% year-on-year; and n...
Golden Bull Limited Received Nasdaq Notification Letter Regarding Second Bid Price Compliance Period
BEIJING, March 26, 2020 /PRNewswire/ -- Golden Bull Limited (NASDAQ: DNJR) (" Golden Bull" or the "Company"), Received Nasdaq Notification Letter Regarding Second Bid Price Compliance Period. The Company is eligible for an additional 180 calendar day period, or untilSeptember 21, 2020, to regain c...
Hyundai Capital Services' Next Generation System to facilitate global expansion
* Hyundai Capital America is the first among 11 global entities to introduce NGS * NGS is set to boost marketing capabilities and reduce time and cost * Launch of NGS in Canada and China entities is being considered SEOUL, South Korea, March 26, 2020 /PRNewswire/ -- Hyundai Capital Services ...
Future FinTech Enters into Equity Acquisition Frame Agreement with Joyrich Enterprises Limited
XI'AN, China, March 26, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), announced today that the Company, through its wholly-owned subsidiary Future FinTech (Hong Kong) Limited, entered into an equity acquisition frame agreement (the "Agr...
China Xiangtai Food Co., Ltd. Enters into MOU to Acquire Controlling Interest in Chongqing Ji Mao Cang Feed Co., Ltd.
CHONGQING, China, March 26, 2020 /PRNewswire/ -- China Xiangtai Food Co. Ltd. (NASDAQ: PLIN) (the "Company" or the "PLIN"), an emerging growth company primarily engaged in pork processing inChina, today announced that the Company, through its subsidiary Chongqing Jinghuangtai Enterprise Manage...
China International SME Fair optimizes public services and innovative support to revive business of SMEs
GUANGZHOU, China, March 26, 2020 /PRNewswire/ -- The COVID-19 epidemic outbreak has thrown inevitably big shocks to the economy, putting a damper on business for many small and medium-sized enterprises (SMEs). Over the past month,China has introduced a raft of 800 support policies at the national...
Yiren Digital Reports Fourth Quarter and Fiscal Year 2019 Financial Results
BEIJING, March 25, 2020 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company inChina, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019. Fourth Quarter and Fiscal Year 2019 Operat...
China Rapid Finance Executed a Letter of Intent With SOS Health Rescue Services to Acquire Control of XRF Through a Merger and Asset Infusion
SHANGHAI, March 25, 2020 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) today announced it has reached a non-binding letter of intent on investment and cooperation with SOS Health Rescue Services Ltd. ("SOS"). Subject to due diligence and other conditions, the parties may enter into a ...
Canaccord Genuity Group Inc. Provides Shareholder Update in Relation to COVID-19
As a regulated financial services company that operates globally, Canaccord Genuity employs a disciplined capital allocation strategy, complemented by ongoing business continuity planning, both of which are integral to the Company's firm wide and continuous risk management practices. TORONTO, Ma...
Tencent Music Entertainment Group Filed 2019 Annual Report on Form 20-F
SHENZHEN, China, March 25, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform inChina, today announced that it has filed its annual report on Form 20-F that includes its audited financial s...
Golden Bull Limited Announced Today That Its Common Stock Has Resumed Trading on the Nasdaq Capital Market
BEIJING, March 25, 2020 /PRNewswire/ -- Golden Bull Limited (NASDAQ: DNJR) (" Golden Bull" or the "Company"), announced today that its common stock has resumed trading on the Nasdaq Capital Market. As previously announced in its Form 6-K filed with the SEC on March 23,2020, the Company will effec...
Ontario Teachers' and Morrison & Co on behalf of UTA increase ownership stakes in the Sydney Desalination Plant
SYDNEY and TORONTO, March 25, 2020 /PRNewswire/ -- Ontario Teachers' Pension Plan Board ("Ontario Teachers'") and Morrison & Co, on behalf of the Utilities Trust ofAustralia ("UTA") are pleased to announce their acquisition of The Infrastructure Fund's ("TIF") ownership stake in the Sydney Desali...
Lufax, BCG Report: Collaborative Smart Transformation to Help Break the Zero-Sum Game in Wealth Management
SHANGHAI, March 24, 2020 /PRNewswire/ -- The rapid advancement of smart technologies, such as artificial intelligence (AI), big data analytics, cloud computing, and blockchain, compounded with the changing demographics in the existing and potential customer base of wealth management services, mak...
Noah Holdings Limited Announces Unaudited Preliminary Financial Results for the Fourth Quarter and Full Year 2019
SHANGHAI, March 24, 2020 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider inChina with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced its...
Cheetah Mobile Announces Fourth Quarter 2019 and Full Year 2019 Unaudited Consolidated Financial Results
BEIJING, March 24, 2020 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced its unaudited consolidated financial results for the fourth quarter and full year endedDecember 31, 2019. ...
"Cloud promotions" and "online contract signings" promote Double Promotions and Double Invitations in Weifang, Shandong
WEIFANG, China, March 23, 2020 /PRNewswire/ -- According to the website of the Weifang Municipal People's Government, the government has been effectively working on COVID-19 epidemic prevention and control, and at the same time, has also been issuing invitations and introductions (i.e. inviting b...
DouYu International Holdings Limited Announces Changes to Its Board of Directors
WUHAN, China, March 23, 2020 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform inChina and a pioneer in the eSports value chain, today announced the appointment of Ms.Song Zhou, effective as of March 24, ...
Jianpu Technology Inc. Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
BEIJING, March 23, 2020 /PRNewswire/ -- Jianpu Technology Inc. ("Jianpu," the "Company" or "We") (NYSE: JT), a leading independent open platform for discovery and recommendation of financial products inChina, today announced its unaudited financial results for the fourth quarter and fiscal year e...
IT Tech Packaging, Inc. Announces Fourth Quarter and Fiscal Year 2019 Financial Results
BAODING, China, March 23, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced its unaudited financial results for the fourth quarter and audited fin...
NAM TAI PROPERTY INC. Announces Annual Report on Form 20-F for 2019 Filed with SEC on March 23, 2020
SHENZHEN, China, March 23, 2020 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced that the Company filed its Annual Report on Form 20-F for the fiscal year endedDecember 31, 2019 (the "2019 Annual Report") with the United States Securities and E...
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