News Said That Jingdong May Buy Part Or All Of Guojin Securities

On March 12, it was reported that Jingdong was negotiating to buy part or all of Guojin securities, with a value of up to 1.5 billion US dollars.

In this regard, Jingdong told the media that it had no response for the time being. In addition, according to the daily economic news report, when the reporter interviewed the relevant persons of Guojin securities, the official reply to the reporter was: "everything shall be subject to the company's announcement".

The news stimulated Guojin securities to close the limit board in a straight line, and at the same time, led to a collective upward trend in the whole securities business plate. Guolian securities, Harbin investment shares, Huaxi Securities, Zheshang securities, and Soochow securities all followed.

Yesterday evening, Jingdong released the fourth quarter of 2020 and the annual financial report. In 2020, JD will achieve revenue of 745.8 billion yuan, the market is expected to be 740.58 billion yuan, and this figure will be 576.89 billion yuan in 2019; the net profit will be 49.405 billion yuan, the market is expected to be 25.146 billion yuan, and the figure will be 12.184 billion yuan in 2019.

In the fourth quarter, Jingdong's net revenue was 224.3 billion yuan, compared with 170.7 billion yuan in the same period of last year, with a market forecast of 219.52 billion yuan; in the fourth quarter, after adjustment, the revenue per ads was 1.49 yuan, and the market was estimated to be 1.24 yuan.

In addition, Jingdong Industrial Development Co., Ltd., a subsidiary of Jingdong group, announced today that it had signed a final agreement on the financing of non redeemable series a preferred shares with Warburg Pincus investment, Hillhead capital and other investors. The total amount of financing for this transaction is expected to be about US $700 million, and the completion of the transaction will also depend on the normal transaction conditions.