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    Fuwei Films Shares Halted

    8/31/22 10:01:58 AM ET
    $FFHL
    Specialty Chemicals
    Industrials
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    Fuwei Films Shares Halted
    Get the next $FFHL alert in real time by email

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    Baijiayun Group Ltd Completes Transition into a Pure-play RTC Provider with Divestiture of Fuwei Films

    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

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    Baijiayun Group Ltd Announces Change in Nasdaq Ticker Symbol to "RTC" Post Completion of Merger

    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

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    BaiJiaYun Limited Announces Completion of Merger and New Board and Management

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    Baijiayun Group Ltd Announces Change in Nasdaq Ticker Symbol to "RTC" Post Completion of Merger

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    Fuwei Films Announces Results of 2021 Annual General Meeting of Shareholders

    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

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    SEC Form SC 13G/A filed by Fuwei Films (Holdings) Co. Ltd. (Amendment)

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    Fuwei Shareholder Receives Partial Waiver Regarding Lock-up

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    Fuwei Films Announces Fourth Quarter and Full Year 2021 Financial Results

    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

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