The medical beauty business is growing fast, and women’s clothing is still the company’s largest business

Longzi shares three major business segments: fashion women’s clothing, medical beauty and green babies and children. Thanks to the popularity of medical beauty concepts, since 2020, the stock price of Langzi shares has risen by as much as 600% in the last 250 trading days. Langzi shares believes that this is related to the rapid growth of the company’s medical beauty business and the gradual increase in its contribution to the company’s overall profit.

The annual report of Longzi shares shows that in 2020, the company will achieve operating income of 2.876 billion yuan, a decrease of 4.35% from the same period of the previous year; net profit of 142 million yuan, an increase of 141.65% from the same period of the previous year. At a time when the revenue of women’s clothing and other businesses has declined due to the impact of the epidemic, the net profit of the medical beauty business, which is the second largest in revenue, reached 68,867,900 yuan, which contributed nearly half of the net profit of Langzi.

In its reply, Longzi shares stated that as of the end of 2020, the company has 19 medical aesthetics institutions, and the medical aesthetics business sector is also the key development direction in the near future, but it still needs long-term continuous intensive cultivation. The executives of Longzi shares also stated in investor relations activities that medical aesthetics is a long-term, heavy investment industry, and you must be patient with returns. The company will not change its long-term development strategy due to short-term market fluctuations. The development direction and strategic layout of Longzi Medical Beauty is very determined, that is, it adheres to the combination of endogenous growth and extensional expansion to implement the brand expansion plan.

At the same time, Longzi also clearly pointed out that as of the end of the first quarter of 2021, among the company’s three major business segments, women’s clothing is still the company’s largest business segment, and the company’s fundamentals have not undergone major changes.

Purpose of liquidation and reduction of holdings: It is to express the true meaning of supporting the children’s business

The fundamentals of Langzi shares have not undergone major changes. Since June, the stock price has changed its upward trend and has begun to fall, and it has even reached its limit for two consecutive trading days. The fuse that caused the stock price of Langzi to fall into a one-word limit is the company’s controlling shareholder, actual controller Shen Dongri and actual controller Shen Jinhua’s father Shen Bingyun’s clearance plan.

On June 4, Langzi disclosed the “Announcement on the Pre-Disclosure of Shareholding Reduction Plan for Shareholders” (hereinafter referred to as the “Announcement of Shareholding Reduction”), announcing that Shen Bingyun, the third largest shareholder of the company in the past eighty years, was based on his life It is planned to reduce all the shares held for the needs of arrangement and asset planning.

After the two lower limits on June 7 and June 8, the “Announcement on Receipt of Commitment Letters from the Actual Controller and Controlling Shareholders Acting in Concert” (hereinafter referred to as the “Commitment Announcement” According to China, Shen Bingyun promised that after the implementation of its share reduction plan, it will assist the strategic implementation of the medical aesthetics business of Langzi with no less than 500 million yuan through compliance channels and appropriate methods. In the view of the Shenzhen Stock Exchange, Shen Bingyun’s use of funds to reduce holdings is inconsistent.

In its reply, Longzi shares stated that Shen Bingyun confirmed that the real reason for the reduction was due to his advanced age and the needs of his own living arrangements and asset planning. The allocation of no less than 500 million yuan to support the development of the medical beauty business of Langzi shares is based on Shen Bingyun’s careful consideration and confidence in the company’s future development prospects and the development of the company’s medical beauty business, as well as supporting its children’s business. There is no conflict with the reason for the reduction in the real meaning made, and there is no inconsistency.

In the response, Shen Dongri, Shen Jinhua and Shen Bingyun all denied using the “Announcement of Commitment” to maintain the company’s stock price and cooperate with the share reduction.

In addition, in response to some non-compliance statements in the “Commitment Announcement” pointed out by the Shenzhen Stock Exchange, the supplementary announcement issued on June 15 by Longzi shares also clarified the performance method and time. Within 2 years of the expiry of the holding reduction period of this share reduction plan, Shen Bingyun will support the development of the company’s medical beauty business by providing loans and participating in the company’s establishment of a medical beauty industry fund. If after the expiration of the commitment period, Shen Bingyun provides the company with less than 500 million yuan in financial support, Shen Dongri promises to provide the company with the difference in financial support within one month according to the same performance method.

Longzi Medical’s 2020 performance commitment has been changed from “achieved” to “not touched on performance compensation”

In addition to supplementing some of the contents of the “Commitment Announcement”, Longzi shares also issued a correction announcement on the company’s “Expressions on the Performance Commitment of the 2020 Annual Report”.

In August 2019, Longzi shares issued shares to Shen Dongri and 4 other counterparties to purchase the remaining 41.19% of the shares of Longzi Medical and raised funds. Shen Dongri promised that the audited non-net profit of Langzi Medical from 2019 to 2021 shall not be less than 55.7 million yuan, 68.1 million yuan and 70.4 million yuan respectively. If the accumulated net profit achieved by Longzi Medical as of the current year does not reach the cumulative committed net profit as of the current year, the compensation obligation of Shen Dongri will be triggered in the current year.

In the 2020 annual report, the audited non-net profit of Longzi Medical in 2020 is 67,019,300 yuan, and the cumulative net profit from 2019 to 2020 is 133 million yuan, and the cumulative committed net profit is 124 million yuan. Longzi shares call it “Performance commitment has been fulfilled.” In its reply, Longzi changed the above expression to “the cumulative realized net profit is greater than the cumulative committed net profit, and performance compensation has not been touched”.

In addition, in view of the mismatch between the net profit and the net cash flow generated by operating activities in the first to fourth quarters of 2020, the company replied that the main reason was the impact of the epidemic, as well as the company’s women’s clothing business and medical beauty business. It is caused by the time difference between cash flow and operations, which is consistent with the company’s actual operating conditions. In addition, the fourth quarter net profit of Longzi shares was significantly higher than that of the previous three quarters, which was also related to the sales income generated by the sale of 7.14% of L&P’s equity in 2020.

As of the close of June 15th, Langzi shares closed at 45.52 yuan per share, a decrease of 1.11%, and the market value was about 20.1 billion yuan.

Beijing News reporter Wang Zhenzhen

Editor Zheng Yijia proofreads Yang Xuli

Last year, the XC60 became Volvo’s highest-selling model in China, accounting for 30% of the brand’s overall sales. Although it is not as good as BBA, it is already on par with Cadillac.

After entering 2021, the sales volume of Volvo XC60 has only increased. The sales volume in the first four months has reached 21,398, which is more than 14,664 of Cadillac XT5. So, can the new XC60 continue to expand its advantages and even pose a certain threat to BBA?

The appearance of the new XC60 is divided into two styles, sports version and luxury version. As a mid-term facelift, the appearance is not changed much, and the iconic “Thor’s Hammer” headlights and “Viking Tomahawk” rear taillights are still used.

The two styles are only different in the front grille and fog lamp area. The sports grille uses an octagonal lattice design, while the deluxe version uses a vertical bar design.

In the details, the new XC60 uses a brand-new 3D mirror style LOGO, the rear also uses a hidden exhaust design, which looks more textured and has a minimalist style.

In contrast, XT5 pays more attention to the sense of luxury, the visual pressure of the large-size net and the sharp body lines look thicker than the Volvo XC60.

In terms of size, the XT5 is slightly higher than the XC60 in terms of length and height, but the XC60 has certain advantages in the wheelbase, and the new XC60 has an increase of 20mm in length. In addition, the new XC60 will also provide a choice of brand-new style wheels, as well as three more personalized body colors for your choice of flashing silver gray, butterfly gray, and flashing silver.

As a luxury SUV, both cars are impeccable in terms of interiors. Compared with the classic American luxury of the XT5, the XC60’s interior has taken a “simple home” route. A large number of soft materials are wrapped and decorated with wood grain veneers. In addition, the new XC60 has changed from the original mechanical shift to electronic shift, and adopts a unique crystal style.

XC60 interior

As the focus of this upgrade, the car-machine system is fully based on the Android system this time. The standard 12.3-inch central control screen has built-in applications such as AutoNavi map and iFLYTEK’s voice control system. Compared with XT5’s CUE system, XC60 has more intelligent configurations including lane departure warning system, lane assist maintenance system, road traffic sign recognition system, fatigue driving, and steep slope descent. Obviously, XC60 will have more advantages in intelligence.

XC60 Interactive System

In terms of power configuration, both cars use 2.0T turbocharged engines, and the parameters are basically flat. Although the XC60 with B4 and B5 engines has no change in power value, it is still matched with an 8-speed automatic transmission and equipped with a four-wheel drive system. However, due to the addition of the 48V light mixing system, the fuel consumption has been reduced. The combined fuel consumption of the B4 engine version is 7L/100km, and the B5 engine version is 7.3L/100km.

XT5 interior

XC60 interior

But Cadillac’s Tripower variable valve management technology can bring a smoother and smoother driving experience. How to choose depends on your needs.

On the whole, the update of Volvo XC60 is more to maintain sales enthusiasm, and some minor repairs have been made on the basis of maintaining the original selling point. It seems that it is still difficult to chase BBA, but it does not seem to be difficult to maintain the advantage over XT5. .

1. Mi 11 Ultra

As the top flagship of Xiaomi in the first half of the year, Xiaomi Mi 11 Ultra adopts a 6.81-inch 2K resolution four-curved digging screen + ceramic body design, and supports a high screen refresh rate of 120Hz. The appearance, feel, and display effect are all The industry’s first-class level, the hardware is equipped with the Snapdragon 888 processor, and the rear AI camera combination with 50 million outsole main camera. The performance and camera are the best in the industry. In addition, the Xiaomi Mi 11 Ultra is also equipped with IP68 waterproof, 67W Features such as fast charging of power and functionality are also full of highlights. In terms of price, the current 8G+256G version of Xiaomi 11 Ultra has fallen to 5,299 yuan, which is a decrease of 700 yuan from the release price of 5,999 yuan.

2.iPhone11

Currently on the e-commerce platform, the 64G version of the iPhone 11 has fallen to 3799 yuan, compared with the release price of 5499 yuan, a drop of 1700 yuan. This is also one of the Apple models with a lower threshold at present, and from the perspective of overall strength, In addition to the obvious shortcoming of the lack of 5G network, the iPhone 11 is still online in many aspects. It has a 6.1-inch bangs screen design with a fair screen-to-body ratio. The hardware is equipped with an Apple A13 processor, and the performance is also powerful enough, with 12 million rear cameras. With the AI ​​dual-camera combination, the camera strength is also not out of date. In addition, the iPhone 11 is also equipped with IP68 waterproof, 3D structured light facial recognition and other functions, and there are many highlights in the details.

3.vivo X60 Pro+

Currently on the e-commerce platform, the 8G+128G version of the vivo X60 Pro+ has fallen to 4498 yuan, compared to the release price of 4998 yuan, a drop of 500 yuan, and from the perspective of parameters, the vivo X60 Pro+ is still an excellent flagship model , Appearance 6.56-inch curved digging screen + plain leather material design, the appearance and feel have good performance, the hardware is equipped with Snapdragon 888 processor, the running score is about 800,000, and the performance has reached the top level of the industry. The Zeiss camera combination with a rear main camera of 50 million large bottom supports ultra-wide-angle, micro-pan, 60x digital zoom and other functions. Not only the camera parameters have reached the industry-leading level, but the camera mode is also very rich.

4.Meizu 18 Pro

As the high-end flagship of Meizu in the first half of the year, Meizu 18 Pro has a good performance in many aspects. It has a 6.7-inch 2K resolution curved screen design and supports a high refresh rate of 120Hz, which improves the aesthetics while taking into account the excellent performance. Display effect, equipped with Snapdragon 888 processor, rear AI camera combination with 50 million main camera, performance and taking pictures are also the top level of the industry, in addition, Meizu 18 Pro is also equipped with an ultrasonic screen fingerprint and dual 40W power charging , Linear motor and other functions, the functionality is quite comprehensive, and in terms of price, the current 8G+256G version of Meizu 18 Pro dropped to 4899 yuan, compared with the release price of 5499 yuan, a drop of 600 yuan.

Dear friends, what do you think of the above four models that ushered in a big price cut in June? Do you like it? Welcome everyone to leave a message and exchange views with each other.

Although the lease contract for the Japanese giant panda “Dandan” has expired, the time for returning to China is not yet clear. Affected by the new crown epidemic, Kobe’s Oji Zoo is currently temporarily closed to receive tourists, and on April 19 this year, it was announced that “Dan Dan” is undergoing medical treatment due to heart disease symptoms. This has made “Dan Dan” fans very worried.

As a consolation and feedback to the fans of “Dandan”, in order to deepen the people of the two countries’ comprehensive understanding of the “friendly messenger” and make this special friendship more deeply rooted in the hearts of the people, the Chinese Consulate in Osaka planned this event, fans You can listen to the touching stories of “Dandan” online and share your love for her.

On June 10th, Zhang Yuping, Acting Consul General of the Chinese Consulate General in Osaka, gave a speech at an online event to talk about the giant panda “Dandan” in Japan.Screenshots of online activities

Zhang Yuping, acting consul general of the Chinese Consulate General in Osaka, said online that “Dandan” has always been loved by the citizens of Kobe and has become a link and bridge for promoting the friendship between the two peoples. Next year will usher in the 50th anniversary of the normalization of diplomatic relations between China and Japan. The Consulate General will work with all parties to make the pandas in Japan bring more cuteness and happiness to the Japanese people and leave more stories for China-Japan friendship. The director of Kobe Oji Zoo in Japan, Yujiro Kako thanked the Chinese Consulate General in Osaka for taking the lead in organizing this event, saying that “Dandan” brought a lot of joy to the citizens of Kobe and left them with good memories. He looks forward to continuing to cooperate with China in researching, caring and protecting giant pandas. Director Wei Rongping, head of the Dujiangyan Qingcheng Mountain Base of the China Giant Panda Conservation and Research Center, introduced the remarkable achievements made by the China Giant Panda Conservation and Research Center in giant panda breeding, reintroduction, and foreign cooperation and exchanges. He reviewed the escort 21 years ago. Dandan’s experience in setting up home at the Kobe Prince Zoo also showed precious materials such as photos of Dandan’s birth 3 days old and a group photo with his mother Dongdong, which filled the fans of Dandan in a question-and-answer session. Eye blessing.

On June 10, talk about the live broadcast of the “Dandan” event of giant pandas traveling to Japan.Screenshots of online activities

The organizer and the fans had an active interaction. A woman from Aichi Prefecture said in the event message that she was eager to meet “Dandan” as soon as possible, and looked forward to “Dandan” continuing to bring warmth and hope to everyone in the future. The staff of the Prince Zoo also used online live broadcast to allow fans who participated in the event that day to remotely watch the dynamics of “Dandan” in the park. Fans thanked the Chinese Consulate-General in Osaka for organizing this event, so that iron fans who were in the epidemic could also get close to “Dandan” through remote means. Some fans expressed the hope that “Dan Dan” will continue to live happily in Kobe, and as an envoy of peace and friendship between the two countries, continue to contribute to the improvement and development of relations between the two countries.

Talk about the promotional posters of the “Dandan” online event for giant pandas in Japan.Provided by the Consulate General of Osaka

It is reported that in order to encourage people in the disaster areas of the “Great Hanshin Earthquake” to rebuild their homes, Kobe City leased the Chinese female giant panda “Dandan” from China in 2000 under the name of “Sino-Japanese Joint Breeding and Breeding Research”. According to data, there are currently 10 giant pandas living in Japanese zoos, including “Dandan”, of which 3 are in Ueno Zoo and 6 are in “Adventure World” in Wakayama Prefecture.

Editor: Hai Wen

1,250 million US dollars in the ultimate rescue: capital is kind and lucky

Luckin’s story once again staged “God Reversal”. On April 15, 2021, Luckin announced that it has reached a new financing agreement with an entity under the company’s existing major shareholder, Dazheng Capital, and Joy Capital, and Dazheng Capital will lead the round of financing.

2. Japan’s Nissan Motor will significantly reduce domestic production in May due to a shortage of chips

Nissan, Japan’s third-largest automaker, will cut production at several domestic factories next month, becoming the latest case in which a global semiconductor shortage has hit automakers. According to sources, Nissan’s plant in southern Kyushu will suspend production for eight days from May 10 to 19.

3. SMIC was reduced by the “national team” and cashed in at 2.6 billion in 2 days! Was the chip industry hit again?

On the evening of April 15, according to the latest data disclosed by the Hong Kong Stock Exchange, the National Integrated Circuit Industry Investment Fund reduced its holdings of 100 million SMIC Hong Kong stocks on April 9 and 12. The shareholding ratio fell from 9.62% to 8.93. %.

4. Samsung’s OLED panels are snapped up by major mobile phone manufacturers to release the leading production capacity in China

Samsung Display OLED panels have been snapped up, and Xiaomi, OPPO, vivo, Apple, etc. have already planned to sign 2022 OLED procurement contracts with Samsung Display in advance.

5. The “Universal Studios” hot Atour Hotel was investigated for infringement

An Atour Hotel franchise store near Liyuan Subway Station in Tongzhou District was reported to the market supervision department by the trademark owner for using the word “Universal Studios” without permission to engage in business activities. The informant was reported to the market supervision department for suspected infringement of “Universal Studios”. The exclusive right to use the “city” registered trademark was investigated by the Tongzhou District Market Supervision Bureau in accordance with the law.

6, 5-year losses of up to 5 trillion won South Korea’s LG Electronics is determined to switch to new energy vehicles

LG Electronics plans to use its “selection and concentration” strategy to focus its efforts on core businesses that can effectively use internal resources to ensure competitive advantage. Taking the opportunity of cutting off the smartphone business, the company will focus on developing two areas of home appliances and electric vehicles.

7. Citigroup announced that it will withdraw from the Chinese mainland and other 13 markets personal business corporate customers will not be affected

On April 15, Citigroup announced that it would reorganize its global personal banking business. In 13 global markets, including the Chinese market, it would seek to withdraw its personal business plans to focus resources and investment on those with more competitive advantages and scale. Effective business, thereby improving long-term returns for the company’s shareholders.

8. When will Polar Rabbit Best be asked to rectify the price melee in the express delivery industry?

Not long ago, due to “low-price dumping”, Jitu and Best were punished by the postal administration, and some distribution centers were suspended for rectification. From the perspective of industry insiders, the unspoken rule of “low price for market” for express delivery companies for a long time finally broke out this time.

9. The merger of Tencent Video and Weishi came too late

On April 15, Tencent’s Platform and Content Business Group (PCG) announced a new round of organizational structure and personnel adjustments. The most interesting thing was the establishment of the “Online Video BU”, which was integrated by Tencent Video, Weishi, and AppBao. Tencent Video and Weishi are still operating independently. Sun Zhonghuai, the former head of Tencent Video, serves as the CEO of the BU, in charge of content, operations and membership systems; the former head of Microvision, Lin Songtao, is the president of the BU, in charge of product systems and technology.

10. In the first quarter, the huge loss of nearly 7.8 billion yuan, but Delta Air Lines is still optimistic?

According to CNBC reports, Delta Air Lines announced its quarterly financial report on the 15th. In the first quarter, total revenue was US$4.15 billion, exceeding analysts’ expectations, but it was down 60% from the same period in 2019, with a net loss of US$1.18 billion.

On April 11, some media reported that Guo Xudong, the former “first sister of the China Securities Regulatory Commission”, had officially joined Wuhan Modern Technology Industry Group Co., Ltd. (hereinafter referred to as Modern Group), one of the largest private enterprises in Hubei, and served as the vice chairman of the board. .

Prior to this, Guo Xudong served in the China Securities Regulatory Commission for 21 years, and was in charge of the IPO issuance review work in the Issuance Department for many years, and served as a five-term issuance review committee. In August 2019, Guo Xudong was revealed to have submitted his resignation to the Securities Regulatory Commission. Since the identity of the supervisory cadre is more sensitive, Guo Xudong’s whereabouts have been confusing. However, in September last year, a report on the official website of Contemporary Group Sun Company accidentally revealed Guo Xudong’s next stop.

The joining of Guo Xudong also makes Contemporary Group and founder Ai Luming become the focus of market attention. Accompanied by arduous entrepreneurship and dazzling capital operations, Dangdai Group started from a small research institute established in 1988 with a start-up capital of 2,000 yuan, and finally grew into one of the largest private enterprises in Hubei with multiple listed companies and 100 billion assets. One. However, cross-industry operations and a large number of mergers and acquisitions activities have also made Modern Group’s goodwill and debt high, and internal troubles are deeply hidden. Now that Guo Xudong’s arrival can help Contemporary Group to eliminate financial “hidden worries”, perhaps it is particularly worthy of attention.

In the past, the “first sister of the trial” joined the contemporary group

Guo Xudong is no stranger to many listed companies. According to public information, Guo Xudong served as a member of the 9th, 10th, 11th, 17th, and 18th issuance review committees, and he can be described as a “five dynasty veteran.”

In 2007, Guo Xudong’s name appeared for the first time on the list of the Issuance Examination Committee of the China Securities Regulatory Commission as a part-time member, and was re-elected as a part-time member of the Issuance Examination Committee in 2008 and 2009. In 2010, Guo Xudong temporarily left the front line of IPO review, and has since served as Deputy Inspector and Deputy Director of the Non-listed Public Companies Department of the China Securities Regulatory Commission and Deputy Director of the Public Companies Department of the China Securities Regulatory Commission. After seven years away from the front-line issuance review work, Guo Xudong returned to the issuance review committee again in September 2017. At this time, her position was the deputy director of the issuance supervision department of the China Securities Regulatory Commission and ranked first on the list of the issuance review committee. Because of its professional skills and strict requirements on investment banking business, it is known by the market as the “iron-clad issuance review committee” and the “IPO gatekeeper”.

However, in early August 2019, it was reported that Guo Xudong had formally submitted his resignation to the Securities Regulatory Commission and was approved in September of the same year. However, it was not until July 2020 that the China Securities Regulatory Commission officially released an announcement to remove Guo Xudong as a member of the 18th Issuance Examination Committee.

Due to the sensitive identity of the supervisory cadres, Guo Xudong’s whereabouts after leaving his post has attracted much attention from the market, but it has always been an unsolved mystery. During this period, there were many rumors that it would accept the invitation of the brokerage company to “go into the sea”, but to no avail. It was not until September last year that Guo Xudong’s next stop was revealed in a news report by a Sun company under the Modern Group.

On September 11, 2020, the official website of Yichang Sanxia Pharmaceutical Co., Ltd. published a report titled “Leaders of Contemporary Group and Renfu Pharmaceutical Group Investigating Neomycin Sulfate Industrial Base”, which mentioned On August 18, Guo Xudong, Vice Chairman of Contemporary Group, and other senior executives went to the company’s factory for investigation. It is reported that Sanxia Pharmaceutical is a wholly-owned subsidiary of Renfu Pharmaceutical, a subsidiary of Modern Group. According to recent media verification, Guo Xudong in the news report is the former “first sister of the Issuing Examination Committee” Guo Xudong. However, the above report has been taken down by it.

What’s interesting is that, unlike the previous regulatory officials who usually went to the sea to devote themselves to financial institutions such as securities firms and funds, Guo Xudong’s choice seemed a bit “alternative.” Some analysts said that this may be due to its three-year “circumvention period” transitional arrangement, and other arrangements may be made once the “circumvention period” has passed.

“Buy Out” Wuhan Contemporary Department

Regardless of whether Guo Xudong’s joining is a temporary act or a long-term act, this has undoubtedly made Contemporary Group the focus of market attention.

As one of the largest private enterprises in Hubei, Contemporary Group is strong. According to the 2020 Hubei Top 100 Private Enterprises List released by the Hubei Federation of Industry and Commerce in October last year, according to the 2019 revenue ranking, Contemporary Group ranked ninth in Hubei Province. According to the official website of Modern Group, as of September 30, 2020, the total assets of the group have exceeded 100 billion yuan.

Behind the hundreds of billions of assets is the dazzling capital operation of Contemporary Group. To a certain extent, the development of Contemporary Group can be said to be a history of mergers and acquisitions.

In 1988, the founder Ai Luming and six Wuhan University alumni registered and established the Institute of Contemporary Biochemical Technology in Hongshan District, Wuhan with 2,000 yuan. The main business is to extract urokinase from urine and export it to Japan. This is also regarded as Ai Luming and his The starting point for the fortune of Wuhan Modern Group.

In 1993, Ai Luming and others established Wuhan Contemporary Technology High-tech Industry Co., Ltd. (hereinafter referred to as “Contemporary Technology”). Four years later, Modern Technology successfully landed on the capital market. This is today’s “Human Welfare Medicine”, and it is also the first listed company under the Modern Group.

After accumulating a certain amount of capital in the medical field, the contemporary group began to expand its territory through various capital operations, and gradually accelerated its deployment in the textile, real estate, tourism, cultural and sports, financial and other fields, and a huge “contemporary” empire in Wuhan is about to emerge.

In 2010, Modern Group spent 900 million yuan to bid for a 36.77% stake in Anhui Huamao Group, and indirectly held shares in its listed company Huamao, and entered the textile industry.

In the same year, Dangdai Group held 5.818 million shares of Sante Ropeway through the transfer of Wuhan Optics Valley Ventures, becoming the third largest shareholder of Sante Ropeway and stepping into the tourism industry. In 2013, Dangdai Group increased its shareholding ratio from 4.85% to 10.5% through participation in Sante Ropeway, second only to 11.71% of the largest shareholder, and only one step away from holding Sante Ropeway. Unexpectedly, a “Cheng Yaojin” came out halfway, and then the three special ropeway was raised by Meng Kai, the actual controller of the situation in Hunan and Hubei. After fierce competition, contemporary technology finally won. At the end of 2013, Modern Technology increased its shareholding by subsequent increase, and its total shareholding ratio with those acting in concert rose to 14.82%, becoming the largest shareholder, and finally taking the controlling stake in Sante Ropeway.

In May 2015, Dangdai Group signed a capital increase agreement with Xinxing Hanyi, the largest shareholder of Daobo Co., Ltd. (renamed Dangdai Mingcheng in May of the following year, now Dangdai Style), and Dangdai Group invested 300 million yuan to subscribe for the new registration of Xinxing Hanyi Capital. After the capital increase is completed, Dangdai Group becomes the controlling shareholder of Daobo Co., Ltd. to deploy the cultural and sports industry. In addition, Modern Group also indirectly holds shares of Tianfeng Securities through Renfu Medicine, and it is involved in the financial industry.

In fact, the above is just the tip of the iceberg of contemporary group investment and merger cases. According to the company’s data, the number of companies directly controlled by Contemporary Group is as many as 609, and the number of companies indirectly holding shares is as high as 1,000.

Under hidden worries, refinancing frantically “tonic blood”

Modern Group, which operates and manages many subsidiaries across industries, also has internal worries. The impairment of goodwill caused by a large number of mergers and acquisitions in the past few years has been the first to bear the brunt.

Take Renfu Medicine, the core asset of Contemporary Group, as an example. In 2018, the company had a net loss of 386 million yuan due to a provision of 3.561 billion yuan in asset impairment losses. As of the end of the third quarter of 2020, Renfu Pharmaceutical still has 3.408 billion yuan in goodwill, which is more than three times the net profit of 1.044 billion yuan in the first three quarters of last year.

At the group level, as of the end of the third quarter of 2020, The scale of Goodwill of Modern Group dropped by nearly half compared with the same period of the previous year, but still 4.171 billion yuan, accounting for 8.95% of non-current assets, more than three times the net profit of 1.213 billion yuan in the first three quarters of last year, facing a larger business Reputation impairment risk.

In addition to the high reputation of goodwill, the debt problem of the contemporary group has also been criticized. As of the end of the third quarter of 2020, Modern Group’s total assets were 100.329 billion yuan, total liabilities were 68.186 billion yuan, and the asset-liability ratio was 67.96%, an increase of 2.21 percentage points from the same period last year. The core asset Renfu Medicine also has a heavy debt burden, and the debt-to-asset ratio continues to rise. As of the end of the third quarter of last year, Renfu Pharmaceutical’s total liabilities reached 24.95 billion yuan, exceeding the annual figures for 2018 and 2019, and the debt-to-asset ratio further rose to 71.4%.

At the same time, the poor performance has cast a shadow over Renfu Pharmaceutical’s reduction of its asset-liability ratio. In the first three quarters of 2020, the company achieved operating income of 14.8 billion yuan, a year-on-year decrease of 7.81%; net profits attributable to shareholders of listed companies were 613 million yuan, a year-on-year decrease of 17.83%.

It is worth noting that as of March 10 this year, Renfu Pharmaceutical’s controlling shareholder, Modern Group pledged approximately 388 million shares, accounting for 79.93% of the total number of shares in the company. Nearly 80% of the holdings of the controlling shareholder have been pledged, which shows that the company’s use of funds is relatively tight.

In addition, the performance of several other listed companies under the contemporary group is also lackluster. In 2020, the revenue of Sante Ropeway plummeted by more than 40% year-on-year. Due to the transfer of the equity of 5 participating and holding companies during the reporting period, the company’s net profit surged 150% last year, but after deducting non-recurring gains and losses, it was at a loss, with a net loss of 160 million yuan. Another listed company, Contemporary Style and Sports, turned profits into losses last year, with an estimated net loss of 1.55 billion to 1.95 billion yuan.

In this context, in recent years, Human Welfare and Pharmaceuticals has continuously stripped off non-core assets, accelerated the withdrawal of funds, and optimized the asset structure. The contemporary department’s demand for “blood supplementation” through refinancing activities has become more urgent. Therefore, for the refinancing and other capital operations of contemporary listed companies, the joining of Guo Xudong, who has rich contacts and professional experience, appears to be “just in time” and has a different meaning.

According to incomplete statistics, in the past year or so, before and after Guo Xudong joined the Modern Group, Modern Group and its listed companies have conducted at least four refinancing activities, raising a total of more than 2.5 billion yuan.

Started busy work again

I can only start looking forward to the small holiday on May 1st

Friends from Guangxi at this time

It’s another highlight moment that is envied by the people of the whole country

The annual “March 3 of the Zhuang Nationality”

They still haveFour dayss vacation!

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Guangxi people are on holiday

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Here is the most authentic “windy” fan kingdom

Frequently searched by food

Guangxi, Is wrapped between two major travel provinces of Yunnan and Guizhou

Thinking of traveling, it seems that most people don’t choose to go to Guangxi for a while

But right here, there are countless treasures hidden

Sitting”China’s most beautiful island“, not crowded like Sanya

There is no bustling commercial street, but an old street with stories is hidden

Guangxi, a low-key treasure province

The prosperity of March in Yangchun, the landscape of light years in midsummer

The golden autumn breeze, pure and romantic white snow

Blossoms blooming throughout the year

Guilin

“Guilin’s landscape is the best in the world”

There hides my dream of landscape since childhood

Misty morning

The setting sun in the evening

Night in the sky

Little fish in the river

Lijiang

LijiangIs Yangshuo’s business card

The source is a trickle with many small streams

Finally converged to become the mother river that nurtures one’s land

Lijiang River in Spring

Or misty and rainy, or windy and sunny

A piece of spring

The mountains are reflected in the turquoise water

Floating shadows on water and mountains, fishing boats leisurely

A stream of spring water is full of poetry and picturesqueness

The peaks on both sides of the strait are stalwart and tall, with various shapes

The smoke on the river is vast, and the mountains crisscross

Floating clouds pass between Qifeng

The setting sun shrouds the world, as beautiful as a fairyland

Boating on the lake here

Sitting on a bamboo raft

Swing leisurely on the calm waters of the Lijiang River

The wind on the lake is blowing slowly

Suddenly mistakenly thought that I was in a huge landscape painting

Amidst the mist and rain, there are no green mountains and mountains

Turned into splash ink, the boundaries of mountains and rivers disappear

One mountain and one river, one grass and one tree

Constitute this unparalleled landscape painting

Longji Terraces

Longji Terraces, Known as “the crown of terraced fields in the world”

“One of the ten most beautiful terraces in China”

Also listed on CNN selection

The 40 most beautiful travel destinations in China

From mid-to-late April to early May each year

Longji terraces have opened the most beautiful mode

Started to stage a big show of light and shadow

Paddy fields flow with the sun

Changing appearance all the time

In the mist in the morning, a day looks more like a year

Layers of mirror terraces

Like a mirror with a thousand faces

The sky and the clouds linger, showing thousands of sights

Beautiful

Terraces are like chains

Turn the peaks into a huge snail

Some are half-folded and half-open like a giant fan

Stacked obliquely into long and narrow fans

Some are divided like sky mirrors

The beauty of Longji Terraces

ExistingChic and wantonMajestic

And refined elegance

It is also called “the most beautiful curve on earth”

And a”The crown of the terraced world“The reputation of

In it, embraced by the terraced fields

Diaojiao wooden building illuminated by water and cloud shadows

A folk song that stretches endlessly like a terraced rice field

Strange customs, fragrant water wine…

All this, with mountains, forests, and sea of ​​clouds

Together they outline this charming Longji Terraces

Detian Waterfall

Detian Waterfall, Located in the southwestern border of the motherland

Critical to Vietnam

Detian Transnational Waterfall

As the fourth in the world and the first in Asia

The average annual flow is about three times that of Huangguoshu Waterfall in Guizhou

The waterfall falls three steps, the momentum is very majestic

More than 200 meters wide and more than 60 meters deep

Is one of the six most beautiful waterfalls in China

It used to be a TV series“A Thousand Bone Flowers”Filming location

Not just the “Long stay in the fairy world” in the play

The big waterfall arouses the vast water mist

In reality, it is a beautiful wonderland on earth

You can go boating along the Shili Guichun River

Check in at Boundary Marker No. 53

Or go to climb Fortress Hill

Weizhou Island

Weizhou Island, Located in the Beibu Gulf of China

Lying on the continental shelf along the coast of Guangxi

20 nautical miles from Beihai City, Guangxi

Hundreds of volcanic eruptions

Finally formed the main outline of the island

As the youngest volcanic island in the country

It has a magical landform

Because it is far away from the mainland, the folk customs are also exceptionally simple

The island basically maintains the original appearance of volcanic geology

The waves of the South Pacific slapped Weizhou Island day and night.

Instead, it exposes the rich geological layers

Has become a unique natural landscape

Weizhou Island Today

Is quiet and beautiful

Like a beast

Be well-behaved and quiet, look like a quiet year

The breeze here is soft and light

The smell of the sea

There is a bit of moisture in the air

But it’s okay, isn’t this the smell of the sea we yearn for?

Sunny spring day

Blue waters, simple folk customs

At the southernmost point of the North Sea

As far as I can see, there are blue seas and blue sky

The most beautiful April day in the world

The island is cool and warm

Without the heat of summer

No bitterness of winter

The most gentle and gentle

Brown wooden plank road

Meandering into the middle of the sea

Walk on it, step by step into the embrace of the sea

Seems to have walked into another wider world

The spring sea breeze softens my heart

Come to Weizhou Island for a short stay

To understand its romantic and leisurely place

From early morning to sunset

The festivities of the sea

Don’t be stingy to show the best colors to visitors

At sunset, you will see the creator endows nature

The most wonderful color

In Weizhou Island, chasing the footsteps of the sea

Listening to the sea breeze, chasing the reef

Soft, fierce…

Release the long backlog of emotions

Let the body and soul be free and empty

Guangxi, hiding the most extreme mountains and rivers

The most romantic mountains and seas, the most charming landforms

Come here, you will definitely get countless surprises

【Huikexiao Cultural Tourism】One“Willful, fun, and attitude!”The new media of cultural tourism community.