A subsidiary has been "blacklisted" by Shenzhen for one year. Jointown Pharmaceutical Group claims to be "in the process of defending". The industry believes that the intensity of procurement supervision is continuously increasing.
Recently, Jointown Pharmaceutical Group's subsidiary, Jointown Medical Device, was fined and banned from participating in Shenzhen procurement for one year due to providing false information in a tender at a hospital in Shenzhen. Jointown Pharmaceutical Group responded to a reporter from Caijing.com.cn, stating that this incident is a pending matter, and they have organized appeal materials and are currently undergoing administrative reconsideration. This year, several listed companies have been fined for violations in the bidding and procurement process, leading industry insiders to suggest that companies should pay more attention to compliance with details during the bidding process.
Is the change in loan loss provision coverage ratio to adjust profits? How to control the widening of net interest margin decline and the cost of liabilities? Bank of Guiyang management faces investor scrutiny.
①Bank of Guiyang stated that it strictly follows the management procedures, regularly updates measurement parameters and recognizes asset impairments, complying with regulatory requirements. ②Continuing to adhere to the concept of coordinated development of "quantity and price", increasing low-cost fund inflows and fund deposits, continuously optimizing the deposit term structure, gradually restoring net interest margins. ③Will comprehensively consider investor demands and the operational needs of the bank, maintaining a sustainable and stable cash dividend ratio and frequency.
Bank of Chengdu's earnings conference: The non-performing loan ratio for personal housing loans has increased, and the impact of the LPR (Loan Prime Rate) cut has already been released. The net interest margin is stabilizing under certain conditions.
① In the first half of the year, the net interest margin decreased by 15 basis points compared to the previous year, mainly due to the continuous reduction of the LPR of previous loans and the bulk adjustment of interest rates for existing personal housing loans last year, which will continue to exert certain pressure on the quality of assets in the real estate sector in the future. ② In the long term, it can be determined that the net interest margin is stabilizing and has already met certain conditions.
A-share listed banks' semi-annual report: 41 banks continue to explore interest rate spreads, 12 banks experience negative growth in net income. The window for another round of interest rate cuts for existing housing loans has opened, posing a potential c
In the first half of the year, 41 banks collectively experienced a decline in net interest margin, with 9 banks experiencing a decrease in the level of interest margin of 2% or more compared to the same period last year. The number of banks with negative growth in net profit attributable to the parent company reached 12, an increase of 7 compared to the same period last year. Experts believe that the continued narrowing of net interest margin has put pressure on the profitability of banks, and the possible downward adjustment of mortgage rates for existing homes in the near future will further challenge the interest margin of banks and increase operational pressure.
In the first half of the year, guangzhou restaurant group saw an increase in revenue but not in profits. This was due to the increase in market channel investment costs and expenses for new store openings. | Interpretations
①Guangzhou Restaurant Group increased revenue but did not increase profitability in the first half of this year. ②Guangzhou Restaurant Group stated that the increase in expenses for market channels and other costs invested by the company has contributed to sales; the profitability indicators were also affected by the expenditure on decoration and opening fees for newly opened dining establishments.
"Price cuts" swept through, dining industry struggles to increase revenue but not profit, "scientific price reduction" becomes the focus of attention.
1. In the first half of the year, the profits of several leading companies in the dining industry have declined. 2. In the industry's view, price wars are one of the reasons why the dining industry is increasing revenue but not increasing profits, but reducing prices is also an effective means of attracting customers. 3. The current wave of price reductions in the industry is still ongoing, and "scientific price reductions" are gradually becoming the industry's focus. Some brands have also lowered their annual store opening targets.