ADS

Daqo New Energy Announces Unaudited First Quarter 2024 Results

Retrieved on: 
Monday, April 29, 2024

(2)  Daqo New Energy provides EBITDA, EBITDA margins, adjusted net income attributable to Daqo New Energy Corp. shareholders and adjusted earnings per basic ADS on a non-GAAP basis to provide supplemental information regarding its financial performance.

Key Points: 
  • (2)  Daqo New Energy provides EBITDA, EBITDA margins, adjusted net income attributable to Daqo New Energy Corp. shareholders and adjusted earnings per basic ADS on a non-GAAP basis to provide supplemental information regarding its financial performance.
  • Total production volume for the quarter was 62,278 MT, which was above our expectations and represented an increase of 1,264 MT compared to the previous quarter.
  • Gross margin was 17.4%, compared to 18.3% in the fourth quarter of 2023 and 71.4% in the first quarter of 2023.
  • Operating margin was 7.3%, compared to 17.5% in the fourth quarter of 2023 and 65.3% in the first quarter of 2023.

Qudian Files Its Annual Report on Form 20-F

Retrieved on: 
Monday, April 29, 2024

XIAMEN, China, April 29, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 29, 2024 (U.S. Time).

Key Points: 
  • XIAMEN, China, April 29, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 29, 2024 (U.S. Time).
  • The annual report on Form 20-F can be accessed on the Company's investor relations website at http://ir.qudian.com .
  • Qudian will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • Requests should be directed to Investor Relations department, Level 39, Tower A, AVIC Zijin Plaza, Siming District, Xiamen, Fujian Province, The People's Republic of China, 361000.

Zhihu Inc. Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Friday, April 26, 2024

For the Company's ADS holders, the ADS Ratio Change will have the same effect as a one-for-six reverse ADS split.

Key Points: 
  • For the Company's ADS holders, the ADS Ratio Change will have the same effect as a one-for-six reverse ADS split.
  • No fractional new ADSs will be issued in connection with the ADS Ratio Change.
  • The ADS Ratio Change will have no impact on the Company's underlying Class A ordinary shares, and no ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.
  • As a result of the ADS Ratio Change, the ADS trading price is expected to increase proportionately upon the effectiveness of the ADS Ratio Change, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than six times the ADS trading price before the change.

Biophytis announces ratio change under its American Depositary Receipt (“ADR”) program

Retrieved on: 
Friday, May 3, 2024

The effective date of the Ratio Change (the “Effective Date”) is expected to be April 23, 2024.

Key Points: 
  • The effective date of the Ratio Change (the “Effective Date”) is expected to be April 23, 2024.
  • ADS beneficial holders who hold through an ADR holder intermediary need not take any action in connection with the Ratio Change.
  • No new Shares will be issued in connection with the Ratio Change and this Ratio Change does not change the total number of Biophytis ordinary shares.
  • As a result of the Ratio Change, the trading price of the Company’s ADSs is expected to automatically increase proportionally, but the Company can give no assurance that the ADS trading price following the Ratio Change will be at least equal to the ADS trading price before the Ratio Change multiplied by the new 40:1 ratio.

EQS-News: MorphoSys’ Management Board and Supervisory Board Recommend Shareholders Accept Public Takeover Offer by Novartis

Retrieved on: 
Friday, May 3, 2024

Novartis offers MorphoSys shareholders € 68.00 per share in cash, representing a total equity value of € 2.7 billion (the “Takeover Offer”).

Key Points: 
  • Novartis offers MorphoSys shareholders € 68.00 per share in cash, representing a total equity value of € 2.7 billion (the “Takeover Offer”).
  • “The offer made by Novartis provides MorphoSys shareholders with an opportunity to realize significant value upfront and with certainty.
  • MorphoSys and Novartis have agreed to delist MorphoSys shares in Germany and in the U.S. immediately after the public takeover offer has been settled.
  • The MorphoSys Management Board and Supervisory Board joint reasoned statement, as well as other relevant information for shareholders, is available on the MorphoSys website at https://www.morphosys.com/en/investors/Novartis-TakeoverOffer .

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation - SAN

Retrieved on: 
Wednesday, April 17, 2024

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ROSEN, A LEADING LAW FIRM, Encourages Li Auto Inc. Investors to Inquire About Securities Class Action Investigation – LI

Retrieved on: 
Friday, April 26, 2024

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=11199 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=11199 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

KE Holdings Inc. Files Its Annual Report on Form 20-F

Retrieved on: 
Friday, April 26, 2024

BEIJING, April 26, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 26, 2024.

Key Points: 
  • BEIJING, April 26, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 26, 2024.
  • The annual report can be accessed on the Company’s investor relations website at investors.ke.com .
  • The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • Requests should be directed to the Company’s Investor Relations Department at [email protected] .

Qifu Technology Filed 2023 Annual Report on Form 20-F

Retrieved on: 
Friday, April 26, 2024

SHANGHAI, China, April 26, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on April 26, 2024.

Key Points: 
  • SHANGHAI, China, April 26, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on April 26, 2024.
  • The annual report can be accessed on the Company’s investor relations website at ir.qifu.tech as well as the SEC’s website at www.sec.gov .
  • The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

Atour Lifestyle Holdings Limited Filed 2023 Annual Report on Form 20-F

Retrieved on: 
Friday, April 26, 2024

SHANGHAI, China, April 26, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”) on April 26, 2024.

Key Points: 
  • SHANGHAI, China, April 26, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”) on April 26, 2024.
  • The annual report is available on the Company’s investor relations website at https://ir.yaduo.com , and on the SEC’s website at https://www.sec.gov .
  • The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon written request.
  • Requests should be directed to Investor Relations Department, Atour Lifestyle Holdings Limited, 6th floor, Wuzhong Building, 618 Wuzhong Road, Minhang District, Shanghai, 200433, People’s Republic of China.