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A Metaverse (HKG:1616) Has Debt But No Earnings; Should You Worry?
A METAVERSE: ANNUAL REPORT 2024
The National Film Administration has stated that it will moderately reduce the import quantity of USA films, causing related US stocks to plummet.
① The National Film Bureau responded today to the USA's increased tariffs on China, stating that it will moderately reduce the number of American films imported. ② According to reporters from Caixin, cinema sources have indicated that there has been no notification of Hollywood films such as 'Thunder Force' being withdrawn from release. ③ Over the past three years, domestic films have dominated the annual box office.
A Metaverse Company Announces New Board Composition
A METAVERSE (01616.HK) has appointed Song Dawei as an independent non-executive Director.
Gelonghui reported on April 9 that A METAVERSE (01616.HK) announced that the company's independent non-executive Director, Guo Bocheng, will rotate out of his position according to the company's articles of association, and will not be re-elected at the Shareholder annual meeting scheduled for around May 26, 2025. On the same day, it was announced that Song Dawei was appointed as an independent non-executive Director, effective from April 9, 2025.
A Metaverse Company Reports Increased Losses and Revenue Decline for 2024