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XJ International Appoints Chief Investment Officer
xj intl hldgs (01765.HK): Yang Wen has been appointed as the Chief Investment Officer.
Gronghui December 4th | xj intl hldgs (01765.HK) announced that, starting from December 4, 2024, Yang Wen has been appointed as the Chief Investment Officer, who will be mainly responsible for managing the group's existing investment portfolio, optimizing the group's capital structure, participating in the group's major capital operation work, conducting risk management and financial evaluation. At the same time, he will be responsible for implementing the group's investment strategy and providing recommendations to the group on potential investment projects.
XJ International Reports Higher Fiscal 2024 Profit; Shares Up 10%
《Performance》xj intl hldgs (01765.HK) achieved a net profit of 0.61 billion RMB for the entire year, an increase of 1.9 times, and did not declare a dividend.
xj intl hldgs (01765.HK) announced its financial performance for the fiscal year ending in August, with revenue of 3.732 billion RMB (same below), a year-on-year increase of 4.2%; gross profit of 1.574 billion yuan, a decrease of 6.3%. Net profit recorded 0.61 billion yuan, an increase of 190.1%, earnings per share of 7.41 fen. No dividend will be distributed.
xj intl hldgs (01765.HK) annual adjusted net profit reached 0.693 billion yuan.
According to the announcement of xj intl hldgs (01765.HK) on November 29, Gelonhui, for the fiscal year ended August 31, 2024, the Group's revenue was RMB 3,732.07 million, an increase of RMB 150.44 million from RMB 3,581.63 million for the fiscal year ended August 31, 2023. This increase is mainly due to an increase in the number of students on campus and an increase in tuition fees. For the fiscal year ended August 31, 2024, the Group's adjusted gross margin was 43.45%, compared to 49.16% for the fiscal year ended August 31, 2023. As of August 31, 2024.
xj intl hldgs (01765.HK) intends to transfer 100% equity of Giant Education and Wuhu Real Estate for 0.42 billion yuan.
Gracell News, November 29th | xj intl hldgs (01765.HK) announced that on November 29, 2024, the buyer (Lake Holdings and Nanfeng Company) and the seller Sichuan Hope Education and Chengdu Jinyuhua entered into an equity transfer agreement, whereby the seller conditionally agreed to transfer and the buyer conditionally agreed to acquire (1) 100% equity of the target companies (Giant Education and Wuhu Real Estate); and (2) all operating rights and interests of the target colleges owned by Giant Education, with a total valuation of RMB 0.54 billion, deducting the total external liabilities disclosed on the transaction date. The total transaction price is estimated to be RMB 0.42 billion, ultimately, the final amount.
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