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Chinese media plans share cancellation after units miss profit goals

April 18, 2025 at 05:12 PM UTCBy FilingReader AI

Chinese Universe Publishing And Media Group [SSE:600373] announced plans to repurchase and cancel 27,517,188 shares after two subsidiaries, Jiangxi Education Media Group and Jiangxi University Press, fell short of their 2024 performance commitments. The repurchase, valued at CNY 1 per share, will be executed from its parent company, Jiangxi Publishing Media Group.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Supplementary Source Documents

Chinese Media 2024 Annual ReportApril 18, 2025 at 01:27 PM UTC
Chinese Media 2024 Annual Audit ReportApril 18, 2025 at 01:27 PM UTC
Announcement by Chinese Media on the Difference between the Actual Profit and the Promised Net Profit for 2024 in relation to the Cash Acquisition of 58% of the Shares of Langzhi MediaApril 18, 2025 at 01:27 PM UTC
Main operating data of Chinese media in 2024April 18, 2025 at 01:27 PM UTC
Summary of Chinese Media's 2024 Annual ReportApril 18, 2025 at 01:27 PM UTC
Announcement of the 2024 Profit Distribution Plan of Chinese MediaApril 18, 2025 at 01:27 PM UTC
Chinese Media 2024 Internal Control Evaluation ReportApril 18, 2025 at 01:27 PM UTC
Audit report on the capital occupation of the controlling shareholder and other related parties of Chinese Tiandi Publishing and Media Group Co., Ltd. (Daxin Law Firm)April 18, 2025 at 01:27 PM UTC
Announcement of Chinese Media on Reducing Registered Capital and Amending Certain Articles of the Articles of AssociationApril 18, 2025 at 01:27 PM UTC
ShineWing Certified Public Accountants (Special General Partnership)'s attestation report on the realization of the performance commitments of Beijing Langzhi Network Media Technology Co., Ltd. in 2024April 18, 2025 at 01:27 PM UTC
Chinese Media's announcement on changes in accounting policiesApril 18, 2025 at 01:27 PM UTC
Internal Control Audit Report of Chinese Universe Publishing and Media Group Co., Ltd. (Daxin Law Firm)April 18, 2025 at 01:27 PM UTC
Zheshang Securities Co., Ltd.'s review opinion on the realization of the 2024 performance commitments of the issuance of shares and payment of cash for asset purchases and related-party transactions by Chinese Tiandi Publishing and Media Group Co., Ltd.April 18, 2025 at 01:27 PM UTC
Announcement of Chinese Media on Application for Overseas Investment Quota by Wholly-Owned SubsidiaryApril 18, 2025 at 01:27 PM UTC

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