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BEIJING, Oct. 7, 2022 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (NASDAQ:FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that BaiJiaYun Limited ("BaiJiaYun") entered into a letter with Apex Glory Holdings Limited ("Apex") on October 6, 2022 (the "Letter"), exempting Apex from limitations on disposition with respect to certain equity securities held by it in Fuwei Films as set forth in the lock-up agreement (the "Lock-up Agreement") dated July 18, 2022 entered into by and between BaiJiaYun and Apex. As disclosed in the Schedule 13D/A filed on July 19, 2022 and the proxy statement filed on August 22, 202
BEIJING, April 28, 2022 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (NASDAQ:FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced its financial results for the fourth quarter and full year ended December 31, 2021. 4Q 2021 Highlights Net revenues were RMB92.6 million or US$14.5 millionSales of specialty films were RMB71.1 million or US$11.2 million, up 14.1% year-over-yearGross margin was 30.8%, down from 42.2% a year agoNet income attributable to the Company was RMB11.4 million or US$1.8 millionBasic and diluted earnings per share was RMB3.48 or US$0.55Full Year 2021 Highlights Net revenues were RMB396.8 mi
-Teleconference to be Held on Friday, September 3, 2021 at 8:00 am ET- BEIJING, Sept. 2, 2021 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (NASDAQ:FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced its unaudited financial results for the second quarter and first six months of 2021 ended June 30, 2021. Second Quarter 2021 Financial Highlights Net sales were RMB100.6 million (US$15.6 million), compared to RMB82.9 million during the same period in 2020, representing a year-over-year increase of RMB17.7 million or 21.4%. Sales of specialty films were RMB69.0 million (US$10.7 million) or 68.6% of our total rev
BEIJING, Dec. 30, 2022 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:FFHL) today announced that it will change its ticker symbol on the Nasdaq Capital Market from "FFHL" to "RTC." Trading under the new ticker symbol will begin at market opening on Friday, December 30, 2022. Baijiayun announced the successful completion of the merger transaction (the "Transaction") between Baijiayun Limited and Fuwei Films (Holdings) Co., Ltd. ("Fuwei Films") and the appointment of a new board and management team on December 23, 2022. The Transaction was previously announced on July 19, 2022, and subsequently approved by the shareholders of Fuwei Films at an extraordinary general
BEIJING, Dec. 30, 2021 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (NASDAQ:FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced the results of its Annual General Meeting of Shareholders (the "Meeting"), which was held on December 30, 2021 at 10:00 a.m. (Beijing Time), at Fuwei Films (Shandong) Co., Ltd., No. 387 Dongming Road, Weifang, Shandong, China. Holders of 73.62% of the Company's outstanding ordinary shares, as of the record date, November 19, 2021, were present in person or represented by proxy at the Meeting and approved the re-election of Mr. Junying Liu, and ratified the appointment of Shandong H
Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:FFHL) today announced that it will change its ticker symbol on the Nasdaq Capital Market from "FFHL" to "RTC." Trading under the new ticker symbol will begin at market opening on Friday, December 30, 2022. Baijiayun announced the successful completion of the merger transaction (the "Transaction") between Baijiayun Limited and Fuwei Films (Holdings) Co., Ltd. ("Fuwei Films") and the appointment of a new board and management team on December 23, 2022. The Transaction was previously announced on July 19, 2022, and subsequently approved by the shareholders of Fuwei Films at an extraordinary general meeting held on September 24, 2022. M
BEIJING, Oct. 7, 2022 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (NASDAQ:FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that BaiJiaYun Limited ("BaiJiaYun") entered into a letter with Apex Glory Holdings Limited ("Apex") on October 6, 2022 (the "Letter"), exempting Apex from limitations on disposition with respect to certain equity securities held by it in Fuwei Films as set forth in the lock-up agreement (the "Lock-up Agreement") dated July 18, 2022 entered into by and between BaiJiaYun and Apex.As disclosed in the Schedule 13D/A filed on July 19, 2022 and the proxy statement filed on August 22, 2022
SC 13G/A - Baijiayun Group Ltd (0001381074) (Subject)
SC 13D/A - Fuwei Films (Holdings), Co. Ltd. (0001381074) (Subject)
SC 13D/A - Fuwei Films (Holdings), Co. Ltd. (0001381074) (Subject)
6-K - Baijiayun Group Ltd (0001381074) (Filer)
20-F - Baijiayun Group Ltd (0001381074) (Filer)
6-K - Baijiayun Group Ltd (0001381074) (Filer)
BEIJING, March 13, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a video-centric technology solution provider with core expertise in SaaS/PaaS solutions, today announced that on March 9, 2023, it entered into a securities purchase agreement (the "SPA") with Aoji Holdings Co., Ltd ("Aoji" or the "Purchaser") to divest the Company's 100% equity ownership in Fuwei Films (BVI) Co., Ltd. for a cash consideration of US$30 million (the "Transaction"). The closing of the Transaction is expected to take place by the end of March 2023 (the "Closing Date"), subject to the satisfaction of closing conditions set forth in the SPA. The completion of the Transaction m
BEIJING, Dec. 30, 2022 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:FFHL) today announced that it will change its ticker symbol on the Nasdaq Capital Market from "FFHL" to "RTC." Trading under the new ticker symbol will begin at market opening on Friday, December 30, 2022. Baijiayun announced the successful completion of the merger transaction (the "Transaction") between Baijiayun Limited and Fuwei Films (Holdings) Co., Ltd. ("Fuwei Films") and the appointment of a new board and management team on December 23, 2022. The Transaction was previously announced on July 19, 2022, and subsequently approved by the shareholders of Fuwei Films at an extraordinary general
BEIJING, Dec. 23, 2022 /PRNewswire/ -- BaiJiaYun Limited ("BaiJiaYun") today announced the successful completion of the transaction (the "Transaction") previously announced on July 19, 2022 between BaiJiaYun and Fuwei Films (Holdings) Co., Ltd. ("Fuwei Films" or the "Company"). As announced on September 26, 2022, the Transaction and certain additional Transaction-related proposals were approved by Fuwei Films' shareholders at an extraordinary general meeting held on September 24, 2022 (the "EGM"). Among such proposals, the Company's name will be changed from "Fuwei Films (Holdings) Co., Ltd." to " Baijiayun Group Ltd". The Company continues to be listed on Nasdaq and its ticker is expected t