09958 LITIAN PICTURES
- 0.134
- +0.001+0.75%
LITIAN PICTURES News
Litian Pictures Announces Strategic Board Reshuffle
litian pictures (09958.HK): Huang Mei Yuan appointed as an executive director.
Litian Pictures (09958.HK) announcement, effective from November 8, 2024: (1) Hu Na resigns as an executive director and a member of the company's nomination committee; (2) Teng Binsheng resigns as an independent non-executive director, chairman of the nomination committee, and a member of the company's remuneration committee and audit committee respectively; (3) Huang Meiyuan is appointed as an executive director and a member of the nomination committee; (4) Ren Yueheng is appointed as an independent non-executive director, chairman of the nomination committee, and a member of the remuneration committee and audit committee respectively.
Huajin Securities: The IP industry steadily improves and promotes the development of various links in the industry chain.
With the diversification of media channels, the increasing number of diverse small IPs and subculture IPs, IP that is shorter, faster, and more emotionally direct has become a new preference.
CSC: Global AI video collective acceleration, firmly bullish on the media industry's market trend in the fourth quarter of this year.
In-depth review of the performance of the media sector in the fourth quarter of the past five years, the driving points of the media market include the trend of shenzhen new industries biomedical engineering, sector undervaluation, and expectations of performance improvement.
China International Capital Corporation: During the National Day holiday, various consumer data saw a significant year-on-year growth. Categories such as household appliances, gold, and jewelry showed impressive performance.
In 2024, the consumer data for the "Golden Week" have been successively released. Overall, with the strong support of national policies to promote consumption and stabilize the economy, various consumption data during the Golden Week have shown significant year-on-year growth, and also improved compared to the previous period.
HK Stock Market | litian pictures (09958) experienced a significant volume collapse, with a nearly 85% plunge at the close. The first-half television drama distribution business revenue declined year-on-year.
litian pictures (09958) experienced a sharp decline in trading volume at the end of the session, as of the time of publication, falling by 82.24% to 0.27 Hong Kong dollars, with a turnover of 50.1942 million Hong Kong dollars.
Hong Kong Market Speed Reads | The three major indices surged and then fell back, with the technology index and Hang Seng Index stopping the continuous rise; Electrical utilities stocks rose against the market trend, with CGN Power rising more than 5%.
Network technology stocks performed poorly, Xiaomi Group-W rose by 3.37%, Meituan-W fell by 2.28%; Electrical utility stocks rose, CGN Power increased by 5.24%, Huaneng Power International shares rose by 3.52%; Coal industrial concept stocks performed well, China Qinfa rose by 8.70%, Kinetic Dev increased by 7.35%;
Hong Kong stocks are volatile | Litian Pictures (09958) fell more than 21%, leading the decline in film concept stocks. The box office performance during the Mid-Autumn Festival was mediocre, still significantly lower than the same period in 2019.
Film concept stocks fell today, as of press time, Litian Pictures (09958) dropped by 20.34% to HK$1.41; China Ruyi (00136) fell by 5.34% to HK$1.95; Orange Sky G H (01132) fell by 5% to HK$0.038; Maoyan Ent (01896) fell by 0.66% to HK$6.06.
LITIAN PICTURES: Interim Report 2024
Litian Pictures Reports Steep Losses in H1 2024
Litian Pictures (09958.HK) recorded a 86.9% decrease in mid-year earnings to 10.1 million yuan.
Litian Pictures (09958.HK) announced on August 26th that for the six months ended June 30, 2024, the company's income decreased by 86.9% to RMB 10.1 million from RMB 77.1 million in the same period of 2023. The gross profit for the six months ended June 30, 2024 decreased by 62.2% to RMB 3.7 million from RMB 9.8 million in the same period of 2023. The equity shareholder's loss for the six months ended June 30, 2024 increased by 53.3% to RMB 10.5 million from RMB 6.8 million in the same period of 2023.
Litian Pictures (09958) releases interim performance results, with a shareholder loss of 10.499 million yuan, a year-on-year increase of 53.29%.
Litian Pictures (09958) announced its six-month performance for the period ending June 30, 2024, during which the group achieved revenue...
LITIAN PICTURES: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the supply of game and IP reserve products is sufficient, and the gaming sector may usher in a new product cycle.
Litian Pictures Unveils New Board Structure
Litian Pictures Announces Board Reshuffle
Litian Pictures (09958.HK): Huna appointed as Executive Director
Litian Pictures (09958.HK) announced on August 13 that the following directors have resigned and been appointed, effective from August 13, 2024: (1) Fu Jieyun resigned as executive director and member of the company's nomination committee; (2) Liu Hanlin resigned as independent non-executive director, chairman of the audit committee, and member of the remuneration committee and nomination committee respectively; (3) Gan Weimin resigned as independent non-executive director, chairman of the remuneration committee, and member of the audit committee; and (4) Hu Na has been appointed as executive director and member of the nomination committee; and (5) Xie Guoxing has been appointed as an independent non-executive director, chairman of the audit committee, and member of the remuneration committee.
Litian Pictures Schedules Key Financial Meeting
Litian Pictures (09958.HK) will hold a board of directors meeting on August 26 to approve the interim performance.
Litian Pictures (09958.HK) announced that the Board of Directors will hold a meeting on August 26, 2024 to review and approve the interim performance of the company and its subsidiaries for the six months ended June 30, 2024, as well as the proposal for interim dividend (if any) distribution.
LITIAN PICTURES: DATE OF BOARD MEETING
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