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21CENTURY EDU (01598.HK) land in Shijiazhuang has been applied for sealing.
21CENTURY EDU (01598.HK) announced that it has been informed by the court regarding the auction of its two land parcels in Shijiazhuang, and an enforcement judgment was issued last Monday concerning these two parcels of land. According to the enforcement judgment, due to government regulation, the Qiaoxi Branch of the Shijiazhuang Public Security Bureau applied for the seizure of the two parcels of land. Therefore, Hengfeng Pawn has applied to the court to cancel the auction and to refund the proceeds from the auction.
The two pieces of land held by 21CENTURY EDU (01598) in Shijiazhuang have been auctioned, which does not have a significant impact on the group's daily Operation.
21CENTURY EDU (01598) announced that on April 11, 2025, the company received two auction confirmation letters issued by the Gaoyi County People's Court.
Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
Express News | Hong Kong stocks of 21CENTURY EDU have suspended Trade, falling by 0.89% before the suspension.
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.
21CENTURY EDU (01598.HK) may delay the release of its annual results and the shares may be suspended.
21CENTURY EDU (01598.HK) announced that the publication of the 2024 annual results may be delayed due to government regulations, which have led to the company's auditor not completing the relevant audit procedures, making it impossible to finalize the annual results by March 31, 2025, or earlier. Therefore, the trading of the company's shares may be suspended.