Xinhe Co., Ltd.: 2024 Annual Results Forecast

SZSIJan 25 00:00 · Announcements

Xin Hee Co., Ltd. (003016.SZ): Expected loss of 48 million to 72 million yuan for the fiscal year 2024.

On January 24, Gelonghui reported that Xin Hee Co., Ltd. (003016.SZ) announced its annual performance forecast for 2024, expecting a net loss attributable to Shareholders of the listed company of 48 million to 72 million yuan, and a net loss of 56 million to 83 million yuan after excluding non-recurring gains and losses. The basic EPS loss is expected to be 0.1147 yuan/share to 0.1720 yuan/share. At the end of 2023, the company underwent a Global Strategy transformation, and the company’s brands have undergone a rebranding and positioning upgrade. In 2024, the company plans to adjust its product lines and channel layouts for its brands.

Gelonghui FinanceJan 24 19:12

Express News | Xin Hee Co., Ltd.: The company has currently begun overseas product positioning for TikTok.

BreakingsJan 23 17:16

A-shares movement | Stocks related to Xiaohongshu collectively fell: Aimer Co., Ltd. hit the limit down, Inmyshow Digital Technology fell over 8%, Shenzhen Ellassay Fashion fell over 6%.

Gelonghui, January 21 - On the first day of Trump's presidency, he gave TikTok a 75-day grace period. Possibly influenced by this news, A-share market stocks related to Xiaohongshu collectively fell. Among them, HuiZhou Intelligence Technology Group and Ai Mu Co., Ltd. hit the daily limit down, Inmyshow Digital Technology dropped over 8%, Xin Hee Co., Ltd. fell over 7%, Shanghai Laiyifen and Shenzhen Ellassay Fashion dropped over 6%, Guangdong Advertising Group, Shanghai Shuixing Home Textile, and Taihu Snow declined over 4%. Regarding individual stock news, Ai Mu Co., Ltd. announced last night an abnormal trading announcement stating that in the first three quarters of 2024, the company's revenue from the Xiaohongshu channel was 2.2308 million yuan, accounting for only 0.10% of the total revenue in the first three quarters, which has no significant impact on the company's performance.

Gelonghui FinanceJan 21 13:28

Xin Hee Co., Ltd. (003016.SZ): The influx of overseas talents can provide the company with more options and lower costs.

On January 17, Gelonghui reported that Xin Hee Co., Ltd. (003016.SZ) stated during an investor relations event that recently, Xiaohongshu launched the overseas version of the "Xiaohongshu e-commerce applet" feature. Merchants can quickly open stores on the overseas version of Xiaohongshu by simply filling out the relevant information, which greatly reduces the threshold for merchants to access the Xiaohongshu platform. The influx of overseas influencers allows the company more choices and lower costs. Collaborating with Xiaohongshu influencers for product promotion can quickly enhance brand awareness and trust among the target audience. Xiaohongshu's expansion overseas provides new opportunities for the company through brand promotion.

Gelonghui FinanceJan 17 15:26

Xin Hee Co., Ltd. (003016.SZ): The company's global brand ambassador Zhao Lusi has reached 18.5 million followers on Xiaohongshu.

On January 17th, Gelonghui reported that Xin Hee Co., Ltd. (003016.SZ) stated during an investor relations event that Xiaohongshu, as an important marketing and promotional partner for the company, has featured its brands JORYA, JORYAweekend, ΛNMΛNI Enmanlin, Caroline, and AIVEI. Additionally, the company's global brand ambassador Zhao Lusi has 18.5 million followers on Xiaohongshu, while JORYAweekend brand ambassador Meng Ziyi has over a million followers, showcasing a significant influence on the platform. The company is deeply engaged in Xiaohongshu and is collaborating with celebrities to continuously expand its reach.

Gelonghui FinanceJan 17 15:24