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china jiuhao health industry (419) Snapshot

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china jiuhao health industry (419) Details

China Jiuhao Health Industry Corporation Limited offers healthcare and wellness services in the People’s Republic of China. The company operates through three segments: Online Healthcare Service; Offline Healthcare and Wellness Services; and Media Business. It offers Kangxun 360 platform, an Internet-based health management service platform for chronic diseases that provides professional and timely health guidance, and online advisory services, as well as tips and advice on food therapy, physical exercise, and psychological health; and operates wellness centers that offer offline health and wellness services. The company is also involved in licensing films and TV drama; and the provision of Internet and information technology services. In addition, it engages in the operation of advertising agency; provision of media and marketing consulting services; hotel management; food and beverage activities; and agriculture business. The company was formerly known as Media China Corporation Limited and changed its name to China Jiuhao Health Industry Corporation Limited in March 2013. China Jiuhao Health Industry Corporation Limited was incorporated in 2002 and is headquartered in Beijing, People’s Republic of China.

578 Employees
Last Reported Date: 04/13/15
Founded in 2002

china jiuhao health industry (419) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: --
Executive Vice Chairman, Member of Executive ...
Total Annual Compensation: $2.4M
Compensation as of Fiscal Year 2014.

china jiuhao health industry (419) Key Developments

China Jiuhao Health Industry Corporation Limited, Special/Extraordinary Shareholders Meeting, Jul 13, 2015

China Jiuhao Health Industry Corporation Limited, Special/Extraordinary Shareholders Meeting, Jul 13, 2015., at 10:00 China Standard Time. Location: Falcon Room 1, Basement, Gloucester Luk Kwok Hong Kong. Agenda: To approve the sale and purchase agreement dated 11 December 2014 entered into between Eternity Investment Limited as purchaser, Unique Talent Group Limited, a wholly-owned subsidiary of the Company, as vendor and the Company as guarantor in relation to the disposal of the entire equity interest in Smart Title Limited; and to approve the Capital reduction becoming effective (being (a) the issued and paid-up ordinary share capital of the Company be reduced by cancelling the paid-up capital to the extent of HKD 0.18 on each existing ordinary share of HKD 0.20 of the Company in issue so that each issued Existing Share with a par value of HKD 0.20 of the Company be treated as one fully paid-up ordinary share with a par value of HKD 0.02 in the share capital of the Company; and to consider other issues.

China Jiuhao Health Industry Corporation Limited Announces Earnings Guidance for the Six Month Ended June 30, 2015

China Jiuhao Health Industry Corporation Limited announced earnings guidance for the six month ended June 30, 2015. For the six months, the company expected to generate a net gain of approximately HKD 169 million (after deduction of transaction costs), which is the difference between the net proceeds from the On- market Disposal and the fair value of the disposed Reorient Shares as at December 31, 2014 in the audited accounts of the company and its subsidiaries the 'Group', and will be reflected in the interim results of the Group for the 6 months ending 30 June 2015. For reference purpose, the net profit of the Group for the 6 months ended 30 June 2014 amounted to HKD 95,297,000 as disclosed in the 2014 interim results announcement and interim report of the company.

China Jiuhao Health Industry Corporation Limited Recommends Special Dividend

The board of directors of China Jiuhao Health Industry Corporation Limited announced that at the Board meeting held on 9 June 2015, the Board has recommended the declaration and payment of special dividend by way of the proposed distribution as mentioned in the announcement of the Company dated 15 May 2015 in relation to the very substantial disposal of the company. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as defined in the Announcement. The declaration and payment of the special dividend by way of the Proposed Distribution, consisting of (i) HKD 500 million in cash; and (ii) 1,500,000,000 Eternity Consideration Shares which will be allotted and issued to shareholders of the company. Further announcement will be made by the Company in relation to the record date and payment date of the special dividend in accordance with Rule 13.66 of the Listing Rules.


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Price/Cash Flow 151.4x
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