“Seek growth, refuse internal documents”, Jihong Co., Ltd. created a model for e-commerce to go overseas

Recently, the Ministry of Commerce clearly mentioned at a press conference that cross-border e-commerce is one of the new driving forces for foreign trade. In 2023, China's cross-border e-commerce imports and exports reached 2.38 trillion yuan, an increase of 15.6%, 15.4 percentage points higher than the national import and export growth rate. In a context where domestic internet traffic dividends are peaking and consumer consumption is under pressure, e-commerce platforms can only deepen their internal volume in the domestic stock market, but in fact, there are huge development opportunities in a market with a low e-commerce penetration rate. In recent years, industry giants such as Pinduoduo and Ali have also accelerated the pace of going overseas as a result. In fact, there is no shortage of those in the market that focus on cross-border e-commerce tracks

Gelonghui FinanceFeb 7, 2024 09:39

IPO News | Jihong Shares Announces Hong Kong Stock Exchange Combines AI Technology to Deepen Cross-border E-commerce Layout

On February 6, Xiamen Jihong Technology Co., Ltd. (002803.SZ) submitted a listing application to the Hong Kong Stock Exchange, with CICC and CMB International as co-sponsors.

Zhitong FinanceFeb 6, 2024 18:45

Jihong Co., Ltd. announced the two-wheel drive development of the Hong Kong Stock Exchange's cross-border social e-commerce and packaging solutions business

Gelonghui, Feb. 6 | Hong Kong Stock Exchange documents show that Xiamen Jihong Technology Co., Ltd. submitted a listing application to the main board of the Hong Kong Stock Exchange on February 6, with CICC and CMB International acting as co-sponsors. Jihong Co., Ltd. is a leading two-wheel drive enterprise with cross-border social e-commerce business and paper FMCG packaging solutions business based on technology, innovation and digital intelligence. Since the company was listed on the Shenzhen Stock Exchange in 2016, it has successfully transformed and expanded its business scope, while also achieving significant achievements in business and finance. According to Insight Consulting's data, it was generated as a result of engaging in social media e-commerce business in Asia in 2022

Gelonghui FinanceFeb 6, 2024 18:43

Is the “e-commerce fever” heating up in Southeast Asia? The annual net profit of Jihong Co., Ltd. increased by up to double

① Thanks to the growth of cross-border e-commerce business, Jihong Co., Ltd. expects net profit of 331 million yuan to 368 million yuan in 2023, an increase of 80% to 100% over the previous year. ② The company said that the efficiency of cross-border e-commerce operations and management continues to improve, inventory continues to operate at a low level, and cross-border e-commerce inventory accounts for less than 3% of its revenue. ③ The company recently announced that it plans to issue H shares and apply for listing on the main board of the Hong Kong Stock Exchange.

cls.cnJan 24, 2024 21:05

Jihong Co., Ltd. (002803.SZ): 2023 net profit pre-increased 80% to 100%

Gelonghui, January 24 | Jihong Co., Ltd. (002803.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 331 million yuan to 368 million yuan, an increase of 80% to 100% over the same period of the previous year; net profit after deducting non-recurring profit and loss was 302 million yuan to 339 million yuan, an increase of 78.46% to 100.19% over the same period last year; basic earnings per share were 0.87 yuan/share - 0.97 yuan/share. The company has long been adhering to the “data-driven, technology-driven” digital-driven strategy, and continues to increase R&D investment and iterative upgrades

Gelonghui FinanceJan 24, 2024 18:04

Research Report Nuggets: Huaxin Securities: Giving Jihong Shares a “buy” rating for the first time, and the business is expected to usher in breakthrough progress

Gelonghui, December 4 | According to Huaxin Securities Research Report, Jihong Co., Ltd. (002803.SZ), as a leading cross-border social e-commerce company in Southeast Asia, has comprehensively promoted the integrated application of AI, Chatgpt and other technologies to create the Jimowun SaaS service platform. The data flywheel effect continues to be highlighted. At the same time, benefiting from the implementation of the data asset listing policy, the company's business is expected to usher in breakthrough progress. First coverage, giving a “buy” investment rating. In the future, with the gradual development of Jimaoyun's SaaS service platform, more high-value cross-border e-commerce related data resources will be accumulated. On the one hand, it will better empower Jimaoyun Saa

Gelonghui FinanceDec 4, 2023 17:29