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Stocks in the smart grid sector collectively surged in the A-share market following the mention of the construction of six key networks at the Political Bureau of the Central Committee meeting.
Gelonghui, April 29 | Smart grid stocks in the A-share market collectively surged. Among them, Suwen Electric Power hit a 20% price limit, Goodwe rose over 13%, Han Cable Corporation and Aerospace Technology hit a 10% price limit, Southern Power Grid Digital rose over 8%, Jinli Huadian rose over 7%, Huazi Technology, Zhongchen Shares, Mingyang Electric, and Jinzhi Technology increased by over 6%, while Sanhui Electric, Jingwei Huikai, Haochen Medical, and Zhongli Group rose over 5%. In terms of news, the Political Bureau of the Central Committee of the Communist Party of China convened a meeting on April 28 to analyze and study the current economic situation and economic work. The meeting emphasized strengthening water networks, new power grids, computing power networks, next-generation communication networks, urban underground pipe networks, and material infrastructure.
Huazi Technology's revenue reached 2.349 billion yuan in 2025, increasing by 28.69% year-on-year, while the net profit attributable to shareholders recorded a loss of 254 million yuan.
The net profit attributable to shareholders recorded a loss of 254 million yuan, representing a year-on-year reduction in losses of 35.35%, while operating cash flow turned positive to reach 46.64 million yuan.
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Gelonghui, April 22nd - Huazhi Technology (300490.SZ) released its annual report for the year 2025. During the reporting period, the company achieved operating revenue of 2.349 billion yuan, representing a year-on-year increase of 28.69%; however, it reported a net loss attributable to shareholders of the listed company amounting to 254 million yuan.