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LAJIN ENT (08172.HK) plans to implement a share consolidation based on "10 for 1".
On April 15, Gelonghui reported that LAJIN ENT (08172.HK) announced that the Board of Directors recommends a share consolidation, whereby (i) every ten (10) existing shares with a par value of HK$0.01 per share will be consolidated into one (1) new share with a par value of HK$0.1; and (ii) every ten (10) existing preferred shares with a par value of HK$0.01 per share will be consolidated into one (1) new preferred share with a par value of HK$0.1. The share consolidation is subject to approval by Shareholders at a special general meeting.
Express News | Lajin Entertainment Network - Every Issued and Unissued 10 Existing Shares of Par Value HK$0.01 Each to Be Consolidated Into 1 Share
The National Film Administration has stated that it will moderately reduce the import quantity of USA films, causing related US stocks to plummet.
① The National Film Bureau responded today to the USA's increased tariffs on China, stating that it will moderately reduce the number of American films imported. ② According to reporters from Caixin, cinema sources have indicated that there has been no notification of Hollywood films such as 'Thunder Force' being withdrawn from release. ③ Over the past three years, domestic films have dominated the annual box office.
LAJIN ENT: Annual Report 2024
LAJIN ENT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
The total box office of "Nezha: The Devil's Child" has exceeded 6 billion! This has ignited demand for related products, and collaborations are in high demand.
① The derivatives and co-branded products related to "Nezha 2", ranging from everyday consumer items like "Millets" merchandise and Dairy Products to Consumer Electronics and even hardcore products like Autos, have become the "highlights beyond the scene" for the Spring Festival in the Year of the Snake. ② Many manufacturers in Yiwu have been working overnight to produce "Nezha 2 phone cases", "Magic Towel headbands", and "albums", which have all sold over 10,000 units on PDD Holdings.
