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Asia Custodian shares rose 60% in January, with big retail driving the outlook

Recently, Asia Cuaneng (stock code: 603378) has frequently risen to attract attention. Asia Cube announced that on August 1, August 2 and August 5, the deviation of the daily closing price increase exceeded 20% in three consecutive trading days, which is an abnormal fluctuation in stock trading according to the relevant provisions of the "Shanghai Stock Exchange Trading Rules". After the company's self-examination and written consultation with the company's controlling shareholders and actual controllers, as of the disclosure date of this announcement, it is confirmed that there are no major matters that should be disclosed but have not been disclosed.

Asia Custodian shares rose 60% in January, with big retail driving the outlook

The nature of a share price rise is money-driven, and it usually means that the market is optimistic about the company's prospects, and investors are willing to buy the company's shares at a higher price. An uptick is usually a positive sign. In the stock market, a rise in the price of a stock usually means that the company is doing well, its profitability is enhanced, and its future development prospects are optimistic about the market. In addition, the rise in stock prices in some industries or sectors may also be affected by positive factors such as macroeconomic policies, industry dynamics, etc. These factors have boosted investor confidence and prompted more money to flow into the stock market, further driving stock prices higher.

According to the data of the Dragon and Tiger List on August 5, the top 5 business departments with the largest purchase amount are Guotai Junan Securities Headquarters, CITIC Securities Shanghai Branch, Goldman Sachs (China) Securities Shanghai Pudong New Area Century Avenue Business Department, Guoyuan Securities Zhuji East 2nd Road Business Department, Guosen Securities Shengzhou Xingsheng Street Business Department, with a cumulative purchase amount of 25.9022 million yuan.

Asia Custodian shares rose 60% in January, with big retail driving the outlook

The source of Asia's confidence is not only the rising stock price, but also its foundation and strength, as well as the courage to innovate and transform.

On August 7, at the 2024 China International Coatings Expo and the 22nd China International Coatings Exhibition, Asia Cube launched the first "big retail" concept store, which was upgraded and broken through again on the basis of new retail. It breaks through the boundaries of traditional industries with comprehensive coating solutions, and launches a 'seven-in-one' systematic and structured product and service system based on the "full product" capability to reconstruct the retail model. At the same time, the Asia Cube brand cooperates with other retail brands to create a personalized brand matrix. With the full product and brand matrix, it realizes omni-channel penetration including various distribution channels, end consumers, professional foremen, small and medium-sized B projects and decoration enterprises, and realizes full-level market coverage.

Asia Custodian shares rose 60% in January, with big retail driving the outlook

"All products", "all channels" and "all levels" are the core of Asia's retail strategy. The three are interlocking, jointly creating the brand competitiveness of Asia Custard Retail, leading Asia Custe to move forward and create a new chapter in retail.

It is true that the real estate crisis has had a serious impact on Asia Custodian, but Asia Cube has not been crushed because of this, but has become more and more frustrated and courageous, and continues to use the power of reform and innovation. Before the real estate thunderstorm, it proposed to exert force on the C-end, and successfully transferred some risks. At the moment when art paint and imitation stone paint are prevalent, Asia Cube has launched a new policy and image experience store, which is swaying along the trend.

Asia Custodian shares rose 60% in January, with big retail driving the outlook

It is reported that Asia Cube will invest in some outstanding retail experience stores in the future, and gradually turn excellent prefecture-level large retail experience stores into regional service centers of Asia Cube to radiate the county and township markets below. Such a layout is likely to aim at rural construction and carry out secondary expansion of the radiation area.

As an open and shared platform, Asia Cube said that it will also create other brands with different positioning through introduction, cooperation and other means, and penetrate different channels with different positioning retail brand matrices to meet the needs of customers at different levels, so as to jointly build the competitiveness of Asia Cube Retail.