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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Hisense Home Appliances Group Co Ltd    000921   CNE000000LC9

HISENSE HOME APPLIANCES GROUP CO LTD

(000921)
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Hisense Home Appliances : ▪ Supplemental Announcement on e...

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12/07/2018 | 06:17am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

HISENSE HOME APPLIANCES GROUP CO., LTD.

海信家電集團股份有限公司

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00921)

Supplemental Announcement

on entrusted wealth management of idle self-owned funds

Reference is made to the announcement of Hisense Home Appliances Group Co., Ltd. (the "Company") dated 26 November 2018 (the "Announcement") in relation to entrusted wealth management of idle self-owned funds.

The Company would like to supplement the following information in relation to the investment method:

The idle self-owned fund to be used for entrusted wealth management will only be entrusted to commercial banks to conduct short term low-risk investment for wealth management instead of "entrusted to financial institutions such as commercial banks, trustee companies, securities companies, fund house and insurance companies to conduct short term low-risk investment for wealth management" as stated in the Announcement.

By order of the Board of

Hisense Home Appliances Group Co., Ltd.

Tang Ye Guo

Chairman

Foshan City, Guangdong, the PRC, 7 December 2018

As at the date of this announcement, the Company's directors are Mr. Tang Ye Guo, Mr. Liu Hong Xin, Mr. Lin Lan, Mr. Dai Hui Zhong, Mr. Jia Shao Qian and Mr. Wang Yun Li; and the Company's independent non-executive directors are Mr. Ma Jin Quan, Mr. Zhong Geng Shen and Mr. Cheung Sai Kit.

1

Disclaimer

Hisense Kelon Electrical Holdings Co. Ltd. published this content on 07 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 December 2018 11:16:03 UTC

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Financials (CNY)
Sales 2019 38 195 M
EBIT 2019 669 M
Net income 2019 1 591 M
Debt 2019 -
Yield 2019 3,12%
P/E ratio 2019 10,95
P/E ratio 2020 9,60
Capi. / Sales 2019 0,41x
Capi. / Sales 2020 0,38x
Capitalization 15 525 M
Chart HISENSE HOME APPLIANCES GROUP CO LTD
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 15,5  CNY
Spread / Average Target 21%
EPS Revisions
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NameTitle
Ye Guo Tang Chairman & President
Zhen Shun Liu Chairman-Supervisory Board
Xiaolu Chen Chief Financial & Accountant Officer
Shao Qian Jia Executive Director
Lan Lin Vice President
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