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Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised

Prompt! The main target groups of the express ecosystem: (investors, private equity funds, brokerage institutions, local government decision-makers, express regulatory departments, express operators, media practitioners, express upstream and downstream operators, franchise network owners, express logistics practitioners with an annual salary of more than 300,000 yuan)

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Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised

On July 7, Jointown (600998.SH) announced that the company recently received the "Reply on Agreeing to the Registration of Jointown Pharmaceutical Group Co., Ltd. to Issue Preferred Shares to Specific Targets" issued by the China Securities Regulatory Commission (Zheng Jian Xu Xu [2024] No. 1002), agreeing to the company's registration application for issuing preferred shares to specific objects.

Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised
Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised
Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised
Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised

The total number of preferred shares to be issued this time shall not exceed 17.9 million shares, and the total amount of funds raised shall not exceed RMB179,000, the specific amount of which shall be determined within the above quota by the board of directors authorized by the general meeting of shareholders in accordance with regulatory requirements and market conditions.

The revenue in the first quarter of 2024 will be about 40.472 billion yuan, a year-on-year decrease of 3.85%; net profit attributable to shareholders of listed companies was about 538 million yuan, a year-on-year decrease of 4.19%; Basic earnings per share was 0.14 yuan, an increase of 0% year-on-year.

In 2023, the operating income will be about 150.14 billion yuan, an increase of 6.92% year-on-year; net profit attributable to shareholders of listed companies was about 2.174 billion yuan, an increase of 4.27% year-on-year; Basic earnings per share was 0.55 yuan, an increase of 7.84% over the same period last year.

As of December 31, 2023, the total share capital of the Company's common shares was 3,908,891,654 shares, and the Company's issued preferred shares were fully redeemed in 2023 (of which 12 million shares were redeemed on July 17, 2023 and 8 million shares were redeemed on September 25, 2023). After the issuance, the total share capital of the company's common shares will remain unchanged, and the total number of preferred shares will not exceed 17.9 million shares (the number of preferred shares is subject to the registration of the China Securities Regulatory Commission and the final issuance of the company).

On September 24, 2023, Jointown announced that the company received a notice from the Shanghai Stock Exchange that the company's application for issuing preferred shares to specific targets meets the issuance conditions, listing conditions and information disclosure requirements.

Mr. Liu Baolin is the actual controller of Jointown and directly holds 8.80%, 51.34%, 42.53% and 5.60% of the shares of Shanghai Hongkang, Chuchang Investment, Zhongshan Guangyin and Beijing Dianjin, and indirectly controls Jointown.

Jointown: The issuance of preferred shares has been approved by the China Securities Regulatory Commission for registration, and 1.8 billion yuan will be raised

Jointown is the first enterprise in the industry to obtain 5A level pharmaceutical logistics, and Jointown Wuhan Dongxihu Pharmaceutical Logistics Center has been rated as one of the top ten intelligent warehousing and logistics demonstration bases in China (the only one in the pharmaceutical industry). At present, the company has 31 provincial-level pharmaceutical logistics centers and 110 regional logistics centers, of which 6 logistics centers in Hubei, Shanghai, Guangdong, Beijing, Tianjin, and Zhejiang have completed the transformation of BC integration (while providing services to large B-end customers such as medical institutions and chain pharmacies, high-quality and efficient supply chain services can be opened to C-end consumers); Jointown has developed through trunk lines and star-shaped branch lines, forming more than 4,000 distribution lines, which can achieve multi-section intermodal transportation and wide distribution coverage; The logistics centers meet the national GSP quality standards, and the total service volume and efficiency are industry-leading.

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Recently, the stock market continues to fluctuate, some criminals illegally make profits, harming the legitimate rights and interests of investors, I will increase the supervision of trading behavior, enrich the means of clue screening, make overall arrangements for special verification, strengthen the "penetrating" transaction monitoring, use multi-dimensional technical means to collect market intelligence, and carry out joint research and judgment with the Ministry of Public Security, and find a number of cases suspected of manipulating the market and malicious shorting.

An illegal gang controlled more than 100 securities accounts to manipulate a certain stock, used continuous pulling, reverse trading and other methods to affect the stock price, and then waited for the opportunity to clear the stock and smash the shipment, resulting in a flash crash and continuous decline in the price of individual stocks, with a total of 2.7 billion yuan sold and an illegal profit of about 130 million yuan.

The actual controller of an investment institution manipulated the prices of more than 20 stocks by suppressing stock prices, absorbing chips at a low level, and continuously pulling up, resulting in rapid fluctuations in the prices of individual stocks, and even extreme markets such as "sky flooring" within a day, from which the transaction illegally profited 140 million yuan.

A certain lawbreaker took advantage of his capital advantage and used hundreds of millions of yuan to frequently make false declarations for many futures products on the futures exchange, creating a false impression of trading, deceiving other investors, and taking the opportunity to sell them for a profit of more than 4,000 yuan.

The China Securities Regulatory Commission (CSRC) insists on responding quickly and resolutely investigating and dealing with illegal acts that affect the stable operation of the stock market and harm the legitimate rights and interests of investors.

Manipulating the market to maliciously short-sell, seriously eroding the people's "money bags", has stood on the opposite side of all stockholders, disrupting the normal rhythm of the healthy and stable operation of the stock market. The China Securities Regulatory Commission will maintain a high-pressure posture of "zero tolerance", resolutely crack down, and let those who dare to illegally manipulate and maliciously short sellers "go bankrupt and sit in prison". In this warning, don't defy the law and take the chestnut from the fire.

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Prompt! The main target groups of the express ecosystem: (investors, private equity funds, brokerage institutions, decision-makers of local governments, express regulatory departments, express logistics operators, media practitioners, upstream and downstream operators of express logistics, owners of franchised outlets, express logistics practitioners with an annual salary of more than 300,000 yuan.

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