China ** newspaper Taylor.
Brothers and sisters, tonight is a brief look at the overseas news.
Jacob Rothschild died at the age of 87
The Rothschilds, one of Europe's most prestigious banking dynasties, announced on February 26 that its family member, British banker Jacob Rothschild, had died at the age of 87.
Rothschild's family issued an obituary on Feb. 26 stating that he was an accomplished financier, a champion of arts and culture, a dedicated public servant, an active environmentalist, and a beloved friend, father and grandfather.
Born in England in 1936, Rothschild began with the family's bank, NM Rothschild & Sons, before leaving the family to start his own company, Rit Capital Partners, and co-founded the J Rothschild Assurance Group, now St James, a London-based wealth management firm's place。
Rothschild is actively involved in the public welfare and the arts, and he has served as president of the National Gallery of Great Britain and the National Cultural Heritage Association of the British Colour Scrolls.
In 2002, Rothschild was awarded the Order of Merit by Queen Elizabeth II, an honor given to those who have made outstanding contributions to the military, science, literature and culture, with only 24 places in total.
Ed Weitz, the former British Minister of Culture, paid tribute to Rothschild on X, calling him one of Britain's greatest cultural philanthropists.
Rothschild is also known for his long-standing support of the arts, having been a trustee of the National Gallery from 1985 to 1991.
Wardsden Manor, a British country estate managed by the Rothschild Society, said on social media platform X that they and the Society were deeply saddened by Rothschild's death, calling him a "businessman, entrepreneur, philanthropist and cultural leader".
Founded in the 18th century, the Rothschilds were once the largest family in the world with the most private fortunes, one of the richest families in the world's recent history, the most well-known Jewish financial family in the world, and a name that is often mystified. The family branched out, and later generations established their own financial businesses in many European countries. The family's flagship business, Rothschild & Co, is headquartered in Paris, and Rothschild, who has just passed away, started his own business.
U.S. stocks
On the evening of February 26, U.S. stocks were mixed after the open.
Li Auto soared by 15%! On the news side, the financial report released by Li Auto shows that Li Auto's revenue in 2023 will be 1238500 million yuan, a year-on-year increase of 1735%；Net profit reached 118100 million yuan, the first annual turnaround, the annual gross profit margin of 222%, and became the first new power car company in China to achieve annual profitability.
Among them, Li Auto's net profit in the fourth quarter of last year was 57500 million yuan, gross profit margin of 235%。R&D expenses will reach 105 in 2023900 million yuan, a year-on-year increase of 561%。
Oriental Wealth: The cumulative repurchase of about 1 billion yuan was changed to cancellation and reduction of registered capital
On the evening of February 26, Oriental Fortune announced that it was deliberated and approved by the eighth meeting of the sixth board of directors of the companyIt is proposed to adjust the purpose of repurchased shares, from the original plan for equity incentives or employee stock ownership plans to be adjusted for all cancellation and reduction of registered capital.
On the same day, Oriental Wealth also disclosed the announcement of the completion of the implementation of the share repurchase plan and the change of shares, according to the repurchase plan previously disclosed by Oriental Wealth, the total amount of funds to be used for the repurchase of shares is 500 million to 1 billion yuan, and the repurchase ** does not exceed 2200 yuan shares, the implementation period of the repurchase of shares is within 12 months from the date of the company's board of directors to review and approve the share repurchase plan. The repurchase of Oriental Fortune was completed in full in accordance with the upper limit of the repurchase plan, and the cumulative number of shares repurchased from the company was 7145260,000 shares, accounting for 045% with the highest price of 1586 yuan shares, the lowest transaction price is 12$30 shares,The total amount of funds used is 9$9.9 billion (excluding transaction costs).。For example, Oriental Wealth's proposal to adjust the use of the company's shares and cancel it was finally approved and implemented by the general meeting of shareholders, and Oriental Wealth is the listed securities firm that has implemented share repurchase since 2023 and the purpose of repurchased shares is share cancellation is the highest total amount of repurchase funds.
Oriental Fortune said that in order to practice the "investor-oriented" development concept of listed companies, effectively safeguard the interests of investors and enhance market confidence, based on the confidence in the company's future development prospects and the recognition of the company's value, Oriental Wealth combined with the actual situation, actively responded to the call of supervision, in-depth study of the spirit of the meeting, insisted on resonating with the national strategy at the same frequency, and took the initiative to take measures to maintain the company's value and shareholders' rights. At the same time, Oriental Fortune will always adhere to the original intention of serving the country with finance, improve its political position, strengthen its mission, uphold the mission of "linking people and wealth, creating more value for users", provide all-round wealth management services around the "user-centric", unswervingly take the road of high-quality development, better serve the construction of the capital market, and help give full play to the core functions of the capital market.