[Daily Announcement] Meituan 3690 plans to acquire Dingdong Fresh for USD 700 million, Tongda 698 and Nio 9866 issue earnings upgrade, MGM China 2282 Q4 revenue increases by over 21%

Meituan plans to acquire Dingdong's mainland fresh grocery e-commerce business for $717 million Meituan (3690.HK) plans to spend $717 million to acquire Dingdong's mainland fresh grocery e-commerce business. Upon completion of the transaction, this business will become a wholly-owned subsidiary of Meituan, further expanding its grocery retail business. The two parties share a compatible vision, and it is expected that the integration of advantages will enhance consumer and delivery experiences. Tongda Group issues profit alert, expects to earn up to 125 million yuan Tongda Group (698.HK) has issued a profit alert, expecting to turn a profit last year with a net profit of up to 125 million yuan. This is attributed to a reduction in one-time non-cash asset impairment provisions, a significant increase in overall gross profit margin, and optimization of operating expenses and R&D costs. Nio expects adjusted operating profit of up to approximately 1.2 billion yuan in the fourth quarter of last year Nio (9866.HK) has issued a profit alert, expecting an adjusted operating profit of up to approximately 1.2 billion yuan in the fourth quarter of last year, mainly benefiting from sales growth, gross margin optimization, and cost reduction and efficiency improvement measures. MGM China reports over 21% year-on-year revenue growth in the fourth quarter MGM China (2282.HK) announced that total revenue in the fourth quarter of last year increased by 21.4% year-on-year, exceeding 9.6 billion yuan. Among them, revenue from MGM Macau rose by 4.1%, while revenue from MGM Cotai surged by 34%. Adjusted EBITDA for the period grew by 29% year-on-year, exceeding 2.7 billion yuan. Agile Group's presale amount in January fell 32.5% year-on-year but rose month-on-month Agile Group (3383.HK) announced that the presale amount in January was 540 million yuan, down 32.5% year-on-year but up 10.2% month-on-month. The presale construction area during the period was approximately 54,000 square meters, with an average price of 10,037 yuan per square meter. Greentown China’s contract sales in January fell 14% year-on-year and nearly 70% month-on-month Greentown China (3900.HK) reported contract sales of 9.7 billion yuan in January, down 14% year-on-year and nearly 66% month-on-month. As of the end of January, the group had signed purchase agreements amounting to approximately 2.8 billion yuan that had not yet been converted into sales contracts, of which the equity amount attributable to Greentown Group was 1.8 billion yuan