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jiu rong holdings ltd (2358) Details

Jiu Rong Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of digital televisions (TVs), high definition liquid crystal display TVs, and set-top boxes in the People’s Republic of China and Cuba. The company operates through five segments: Digital Video Business, New Energy Vehicles Business, Cloud Ecological Big Data Business, Properties Development, and Properties Investments. It also provides solutions regarding integration of telecommunication, TV, and Internet in the digital audio visual industry. In addition, the company is involved in the construction, application, and management of new energy vehicles and related products, charging facilities, and intelligent management systems; application and management of cloud ecological big data; and trading of electronic application and related parts. Further, it invests in and develops big data industrial parks, as well as develops residential properties; and manufactures and sells green energy products. The company was formerly known as Mitsumaru East Kit (Holdings) Limited and changed its name to Jiu Rong Holdings Limited in June 2014. Jiu Rong Holdings Limited is headquartered in Wanchai, Hong Kong.

307 Employees
Last Reported Date: 04/29/19

jiu rong holdings ltd (2358) Top Compensated Officers

Company Secretary & Executive Director
Total Annual Compensation: $1.6M
Executive Director
Total Annual Compensation: $420.0K
Executive Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2018.
jiu rong holdings ltd
Jiu Rong Holdings Limited Announces Resignation of Wu Yinong as Independent Non-Executive Director, Chairman of the Nomination Committee, Member of Audit Committee and Remuneration Committee

The board of directors of Jiu Rong Holdings Limited announced that Mr. Wu Yinong has resigned as independent non-executive director, chairman of the nomination committee ("Nomination Committee"), member of audit committee ("Audit Committee") and remuneration committee ("Remuneration Committee") of the company with effect from 17 April 2019 due to devotion to his personal business development.

Jiu Rong Holdings Limited Reports Consolidated Earnings Results for the Year Ended 31 December 2018

Jiu Rong Holdings Limited reported consolidated earnings results for the year ended 31 December 2018. For the period, the company reported revenue of HKD 543,276,000 compared to HKD 279,889,000 a year ago. Profit for the year attributable to owners of the company was HKD 43,690,000 compared to HKD 31,641,000 a year ago. Basic earnings per share were 0.80 cents compared to 0.60 cents a year ago.

Jiu Rong Holdings Limited to Report Fiscal Year 2018 Results on Mar 29, 2019

Jiu Rong Holdings Limited announced that they will report fiscal year 2018 results on Mar 29, 2019


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Valuation 2358 Industry Range
Price/Earnings 17.9x
Price/Sales 1.4x
Price/Book 1.7x
Price/Cash Flow 17.9x
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