SHE:002024

3 stories mentioning SHE:002024Updated 23d ago

Every FINWIRES story that references SHE:002024, newest first.

Suning.com Suning to Sell Loss-Making E-Commerce Unit for at Least 1 Yuan

Suning.com (SHE:002024) will sell 100% of Jiangsu Yunsheng E-commerce for as little as 1 yuan via public listing or negotiated transfer.The loss-making unit, which ceased core e-commerce operations in 2021, reported 2025 net loss of 210.4 million yuan, according to a weekend filing with the Shenzhen bourse.The deal is expected to generate over 5 million yuan in profit.Shares of the retailer closed 1% higher Monday.

SHE:002024

Asia91d ago

Suning.com's Executives to Raise Stake in Company

Suning.com's (SHE:002024) executives plan to increase their holdings in the company by no less than 6 million yuan, according to a Wednesday disclosure on the Shenzhen bourse.The executives, including Chairman Ren Jun, will raise their stake through centralized bidding from Wednesday, May 27 until Aug. 26.The Chinese retailer's shares jumped 5% at the close.

SHE:002024

Asia99d ago

Suning.com to Divest Dutch Traditional Hypermarket Subsidiary

Suning.com (SHE:002024), through unit Suning International Group, plans to divest the entire holdings in its subsidiary, Cacious China, according to a Tuesday disclosure on the Shenzhen bourse.The Netherlands-based traditional hypermarket, formerly Carrefour China Holdings, will be listed through a property rights exchange with a minimum listing price of 1 yuan.The Chinese retailer's shares rose by less than 2% at the close.

SHE:002024

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