Univest Securities Publishes Updated Research Report on Glory Star and Raises Price Target to $7.50
Univest Securities Publishes Updated Research Report on Glory Star and Raises Price Target to $7.50
BEIJING,Sept. 8, 2021/PRNewswire/ -- Glory Star New Media Group Holdings Limited (NASDAQ:GSMG) ("Glory Star" or the "Company"), a leading digital media platform and content-driven e-commerce company inChina, today announced that Univest Securities has published an updated research report onGlory Star. In the updated report, Univest maintained its "Buy" rating forGlory Starbut raised its price target to$7.50from its previous target of$6.50. The report was authored byJames Jang, Director of Research at Univest Securities, and follows the Company's earlier announcement of its unaudited financial results for the first half year of 2021 endedJune 30, 2021, onAugust 19, 2021.
北京，9月1日2021年8月8日/美通社/--中國領先的數字媒體平台和內容驅動型電子商務公司榮耀之星新媒體集團控股有限公司(納斯達克市場代碼：GSMG)(以下簡稱“榮耀之星”或“本公司”)今天宣佈，Univest證券發佈了一份關於榮耀之星的最新研究報告。在最新的報告中，Univest維持了對Glory Starory的“買入”評級，但將目標價從先前的6.50美元上調至7.50美元。這份報告是由Univest Securities研究總監James Jang撰寫的，此前該公司公佈了截至2021年6月30日(2021年8月19日)的2021年上半年未經審計的財務業績。
For a copy of the report please contact Univest Research.
要獲取該報告的副本，請聯繫Univest Research。
Please note that any opinions, estimates, or forecasts regarding the performance ofGlory Starand its management made by Univest Securities are theirs alone and do not represent the opinions, estimates, or forecasts ofGlory Staror its management.Glory Stardoes not by this announcement or otherwise imply that the Company analyzes or approves of such information, conclusions, or recommendations.
請注意，Univest Securities對榮耀之星及其管理層的業績作出的任何意見、估計或預測僅代表其個人意見、估計或預測，並不代表榮耀之星或其管理層的意見、估計或預測。榮耀之星並不因本公告或以其他方式暗示本公司分析或批准該等信息、結論或建議。
About Glory Star New Media Group Holdings Limited
關於榮耀之星新媒體集團控股有限公司
Glory Star New Media Group Holdings Limited is a leading digital media platform and content-driven e-commerce company inChina.Glory Star'sability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people's lives. The Company's large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.
榮耀之星新媒體集團控股有限公司是中國領先的數字媒體平台和內容驅動型電子商務公司。榮耀之星能夠整合優質生活方式內容，包括短視頻、在線綜藝節目、在線電視劇、直播、Cheers生活方式視頻系列、電子商城和移動應用程序，以及其平台上的創新電子商務產品，使其能夠追求豐富人們生活的使命。該公司龐大和活躍的用户基礎創造了與消費者接觸的寶貴機會，並增強了與數千個國內和國際品牌的平台粘性。
Safe Harbor Statement
安全港聲明
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Such forward-looking states include, but are not limited to, the Company's ability to develop its online retail and SaaS industry value chains, expand its business relationship with existing clients and continue its business growth trajectory. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.
本新聞稿中的某些陳述屬於“1995年美國私人證券訴訟改革法”中“安全港”條款所指的“前瞻性陳述”。本新聞稿中使用的“估計”、“預計”、“預期”、“預期”、“預測”、“計劃”、“打算”、“相信”、“尋求”、“可能”、“將”、“應該”、“未來”、“建議”以及這些詞語或類似表述的變體(或此類詞語或表述的否定版本)旨在識別前瞻性陳述。這些前瞻性狀態包括但不限於，公司有能力發展其在線零售和SaaS行業價值鏈，擴大其與現有客户的業務關係，並繼續其業務增長軌跡。這些前瞻性陳述不是對未來業績、條件或結果的保證，涉及許多已知和未知的風險、不確定性、假設和其他重要因素，其中許多不在公司的控制範圍之內，這些因素可能導致實際結果或結果與前瞻性陳述中討論的大不相同。除其他因素外，重要因素包括：管理增長的能力；識別和整合其他未來收購的能力；未來獲得額外融資為資本支出提供資金的能力；總體經濟和商業條件的波動；對公司盈利能力產生不利影響的成本或其他因素；涉及專利、知識產權和其他事項的訴訟；立法和監管環境的潛在變化；流行病或流行病。本新聞稿中包含的前瞻性陳述還會受到其他風險和不確定性的影響。, 包括在該公司提交給證券交易委員會的文件中更全面地描述的那些。除非適用法律要求，否則公司不承擔更新或修改任何前瞻性陳述的義務，無論是由於新信息、未來事件還是其他原因。這些信息僅限於本新聞稿發佈之日。
Contacts
聯繫人
Glory Star New Media Group Holdings Limited
榮耀之星新媒體集團控股有限公司
Yida Ye
葉一達
Email:yeyida@yaoshixinghui.com
郵箱：yeyida@yaoshixinghui.com
ICR, LLC
ICR，LLC
Robin Yang
楊彥宏(Robin Yang)
Tel: +1 (646) 308-0546
電話：+1(646)308-0546
Email:gsnm@icrinc.com
電子郵件：gsnm@icrinc.com
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SOURCE Glory Star New Media Group Holdings Limited
來源：榮耀之星新媒體集團控股有限公司
譯文內容由第三人軟體翻譯。