Breaking news! The total market value of the leading New energy Fund exceeds 1 trillion; in 2024 it plans to distribute 10 shares for every 8 shares held, convert 12 shares, and pay 39.74 yuan.| Highlights from the after-hours announcement.
Hongbaoli Group Corporation: The net income for the first quarter decreased by 24% year-on-year.
High Throughput! BYD plans a 10:8 transfer to 12! The dividend exceeds 12 billion yuan.
On April 22, BYD announced to actively reward investors and optimize the company's capital structure. Based on the 12.077 billion yuan dividend scheme, it plans to distribute 8 bonus shares for every 10 shares held, and to convert 12 shares into capital reserve for every 10 shares.
CHINA MOBILE: In Q1 2025, net income increased by 3.5% year-on-year, and 5G customer base expanded to 0.578 billion households.
In Q1 2025, CHINA MOBILE's profit increased by 3.5% year-on-year, with 5G network customers continuously expanding to 0.578 billion. Summary of Key Points: Financial Performance: Q1 revenue was 263.8 billion yuan, flat year-on-year; Net income attributable to shareholders was 30.6 billion yuan, a 3.5% year-on-year increase; Net profit margin increased to 11.6%, and EBITDA reached 80.7 billion yuan, growing by 3.4% year-on-year. Core Business Development: There are 0.578 billion 5G network customers, with a mobile ARPU of 46.9 yuan; The total number of wired broadband customers reached 0.32 billion, with a net increase of 5.48 million customers in the quarter. Business Structure Optimization: Main business income was 222.
ZTE: Revenue in the first quarter of 2025 increased against the trend, but the decline in gross margin has raised market concerns.
ZTE's revenue in the first quarter of 2025 grew against the trend, but declining gross margin is a hidden concern. Core points: Strong revenue growth performance: Achieved revenue of 32.968 billion yuan in the first quarter, a year-on-year increase of 7.82%, indicating that the company's main Business maintains steady growth. Profitability under pressure: Net income attributable to shareholders was 2.453 billion yuan, a year-on-year decline of 10.50%; non-recurring net income was 1.957 billion yuan, a significant year-on-year decline of 26.14%. Gross margin clearly declined: The growth rate of cost of goods sold far exceeded the revenue growth rate, with cost of goods sold increasing by 22.13% year-on-year, while revenue only increased by 7.82%. Deteriorating cash flow situation: Cash from operating activities.
Express News | Some Recent IPOs in Hong Kong stocks rose against the market trend, with Gu Ming increasing by over 7%, S.F. Holding rising by nearly 4%, and Yuejiang and Shubao International both gaining over 3%.
Express News | Hong Kong biotechnology stocks surged initially, with Genscript Biotech rising over 18%, Liatris Pharma and REMEGEN rising over 10%, and ZAI LAB rising over 6%.