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Express News | Star closing review: The index rebounded strongly, increasing by 3.61%. The semiconductors and optics optoelectronics sectors led the gains.
Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
Zhen Lei Technology (688270.SH): Has not yet implemented share repurchase.
On November 4, Gelonhui reported that as of October 31, 2024, Zhenlei Technology (688270.SH) has opened a special securities account for stock repurchase at the Shanghai branch of China Securities Depository and Clearing Corporation Limited. This account is only used for repurchasing company shares, and the company has not yet implemented the stock repurchase.
Express News | Closing review of the Star Market: Robot concept stocks emerge unexpectedly, semiconductor sector rebounds.
Zhenlei Technology (688270): The stable advancement of multiple businesses drives revenue growth, and future performance is expected to recover with the improvement in profitability.
Event: The company released its 2024 third quarter performance report. According to the company's announcement, the company achieved revenue of 0.182 billion yuan in the first three quarters of 2024 (+7.01% year-on-year), and achieved a net income attributable to the parent company of 0.014 billion yuan.
Zhenlei Technology (688270): Stable growth in 3Q24 performance, share buyback highlights development confidence.
The company announced its performance for the first three quarters of 2024, meeting market expectations: revenue of 0.182 billion yuan, +7.01% year-on-year; achieving a net income attributable to the parent company of 0.014 billion yuan, -63.79% year-on-year.
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