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    Tong Wang

    Research Analyst at Tiger Brokers

    Tong Wang is a Research Analyst at Tiger Brokers, specializing in equity research with coverage including Kuke Music Holding. While direct performance metrics and rankings such as TipRanks data or returns generated are not publicly listed, Wang has participated in earnings call inquiries, demonstrating active involvement in company-level analysis. Further details on Wang's career timeline and prior professional experience, as well as formal credentials or securities licenses, are not available from current public sources. Tong Wang appears to focus on single-stock coverage within the consumer entertainment space as evidenced by interactions with Kuke Music Holding.

    Tong Wang's questions to Kuke Music Holding (KUKE) leadership

    Tong Wang's questions to Kuke Music Holding (KUKE) leadership • Q1 2022

    Question

    Tong Wang from Tiger Brokers asked about Kuke's current cash position, any potential financing plans, and requested a detailed explanation for the RMB 6.6 million impairment loss on financial assets.

    Answer

    CFO Hoi Tung Chan stated that as of March 31, 2022, the company's cash and cash equivalents stood at RMB 41.7 million, which he considers sufficient for current operations. He mentioned that while they might consider financing for a desirable M&A opportunity, there are no immediate plans. Chan clarified that the impairment loss was entirely related to accounts receivable within the smart music learning solutions business.

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