Announcement Highlights | Alibaba officially announces a 380 billion yuan investment plan for AI; Sutech Innovate expects annual revenue to significantly increase by approximately 45.5% to 49.1% year-on-year.

CLP HOLDINGS is expected to have a revenue of approximately 90.964 billion HKD in 2024, a year-on-year increase of 4.35%, with a Net income of 11.742 billion HKD, reflecting a year-on-year growth of 76.44%.

cls.cnFeb 25 08:19

Luyuan Forecasts Up to 30% Drop in 2024 Profit

MT NewswiresFeb 24 20:19

LUYUAN GP HLDG (02451.HK) profit warning: it is expected that the Net income for the year 2024 will decrease by no more than 30%.

On February 24, Gelonghui reported that LUYUAN GP HLDG (02451.HK) announced that for the financial year ending December 31, 2024 (“this year”), the group expects net income to decline by no more than 30% compared to the financial year ending December 31, 2023. The announcement stated that the decline is primarily due to (i) the impact of share-based payment expenses arising from the company's share awards; (ii) as the group is committed to supporting its distributors and optimizing its product mix to cope with intense market competition, the average selling price of each electric vehicle has decreased, resulting in a reduction in gross profit; and (iii) research and development.

Gelonghui FinanceFeb 24 17:46

LUYUAN GP HLDG: PROFIT WARNING

HKEXFeb 24 17:44 · Announcements

LUYUAN GP HLDG (02451) granted 5.358 million shares as incentive.

LUYUAN GP HLDG (02451) announced that on January 20, 2025, the Board of Directors resolved to proceed with the initial public offering...

Zhitong FinanceJan 20 19:27

[Brokerage Focus] CITIC SEC points out that the official version of the new national standard for the two-wheeled vehicle Industry has been implemented, and leading enterprises are accelerating their efforts to expand market share.

Jinwu Financial News | CITIC SEC announced that on January 13, the "Safety Technical Specification for Electric Bicycles" (GB 17761—2024), which is the official draft of the new national standard for the two-wheeled vehicle Industry, was implemented. This official draft continues the focus on safety for two-wheeled vehicles from the draft for comments published in September 2024 by increasing safety requirements through the control of Plastics components and attention to Battery safety. At the same time, this document further promotes the practical application of the standards, relaxes the weight restrictions on two-wheeled vehicles, and optimizes positioning requirements; the transition period for manufacturers will end on September 1, 2025, and the transition date for the sales side will be December 1, 2025.

King Fu Finance NewsJan 14 08:49