Timely Return Of Loss And Pfer Of Small Fish Gold Service Shares

In March 7th, the Cmi Holdings Ltd announced that it would pfer the 10% stake in Xiaoling financial information service (Shanghai) Limited (hereinafter referred to as "small fish gold clothing") which was owned by its wholly-owned subsidiary, and reported that it had reduced its value by 46 million yuan.

In the industry's view, in 2018, the Internet financial industry frequently thundered, and the birds chose to withdraw at this time, perhaps they did not want their performance to be dragged down.

Before and after 2015, the Internet financial industry boom attracted many listed companies.

In the first half of 2015, the news birds invested in Renren stage, Yongjia Hengsheng village bank, Wenzhou loan, pocket finance and other Internet financial areas, and the related investment amount exceeded 200 million yuan.

In the same year, the news bird bird company's fortune bird Venture Capital Limited invested 55 million yuan, holding a 10% stake in small fish gold clothing.

However, as the wave fades and the industry is deeply rectify, in 2018, the Internet financial platform frequently "Cai Lei", the loss is very few, investors trust in it is greatly reduced, and the volume of Internet financial industry has also dropped significantly.

From the performance of the small fish gold clothing, the reduction of the wedding bird is also reasonable.

The financial statements (Unaudited) provided by Xiao Yu Jin suit to the birds show that the operating income in the 2018 year is 49.62% lower than that in the same period last year, and net profit fell by 65.24% over the same period last year.

Therefore, in the middle of January this year, the good news bird carried out an asset impairment test for its 10% stake in a small fish and gold suit. According to the test results, the birds reported a total impairment allowance of 46 million 358 thousand and 200 yuan for the sale of their financial assets.

Since then, the news bird announced that as of December 31, 2018, the net loan platform operated by the small fish gold service has not yet been declared for compliance, and the future performance is facing greater uncertainty.

The strengthening of supervision is also one of the reasons why the birds of fortune pfer small fish suits.

In December 2018, the office of the leading group of Internet financial risk special rectification work and the office of the leading group of P2P net loan risk rectification work jointly issued a document, clearly suggesting that we should adhere to the principle of "withdrawal from the main body", and we can retreat and retreat.

A wind control staff of Minmetals securities told an interview with China Daily News that the pfer of small fish and gold clothing shares is relatively rational, which helps to reduce the risk of internal operation.

In fact, in recent years, the main business of wedding bird clothing has been on the rise stage.

According to the performance bulletin disclosed at the end of February this year, 2018 companies achieved a total revenue of 3 billion 120 million yuan, an increase of 19.76% over the same period last year, and realized a total profit of 130 million yuan, an increase of 255.93% over the same period last year.

It is worth noting that the clothing business of wedding bird has accounted for more than 80% of its business contribution.

It can be predicted that the future focus of the news birds is still on the clothing business, and the Internet financial business that is stripped of losses is reasonable.

It is worth mentioning that, in the pfer of small fish gold suit on the same day, the newspaper also announced that the company's holding shareholder Wu Zhize unanimous action Wu Tingting added 19 million 510 thousand shares of the company, to reach 1.6% of the total share capital of the company.

In March 5th, Wu Tingting also increased nearly 1.4% of the shares.

At present, Wu Zhize and Wu Tingting hold 24.87% of the total share capital of the company.

From the perspective of shareholders' continuous holdings, the future development of wedding birds is expected to go further.