shenzhen transsion holdings co., ltd.'s financial officer has been detained, serving for as long as 10 years.
①Xiao Yonghui has been the Chief Financial Officer of shenzhen transsion holdings co., ltd. since January 2014. The lawyer said that being placed under coercive measures means that the relevant parties may be subject to coercive measures by the supervisory authorities due to suspicion of illegal or criminal activities. ②Shenzhen Transsion Holdings Co., Ltd. has had outstanding performance in recent years, but it still faces challenges at present.
In the second quarter, Huawei ranked first in global wrist-wearing market shipments, and smart wearable devices may become a new frontier for AI implementation.
1. According to IDC data, Huawei shipped 8.883 million units in the global wearable device market in the second quarter of 2024, with 5.965 million units shipped in China, becoming the top player in both the global and Chinese wearable markets. 2. Shanxi believes that leading domestic consumer electronics manufacturers are bullish on the prospects of wearable devices. With the continuous maturation of edge AI technology, wearable devices will become a new outlet for AI applications.
The State Tobacco Monopoly Administration has released new regulations on electronic cigarettes, and there is expected to be further improvement in market share for leading companies.
①The State Tobacco Monopoly Administration issued a notice on the amendment and issuance of the Regulations on the Management of Electronic Cigarette Trade. The notice mentions that the competent administrative department of the State Tobacco Monopoly Administration is to establish a national unified platform for the management of electronic cigarette trade. ②Lü Mingzhang of Caitong Securities pointed out that in the long run, non-compliant products will gradually be eliminated, and market share is expected to further concentrate, which is bullish for leading companies in production, brand and other aspects.
The Huawei Mate 70 is expected to be released in November. There is hope for a new wave of phone upgrades.
①According to media reports, informed sources said that Huawei's flagship phone Mate 70 is expected to be released around November this year. ②Ping An Securities released a research report stating that Android phone manufacturers will follow Apple's lead in launching new AI phones. AI phones are expected to become the next wave of phone replacement after 5G, and related industry chain companies are expected to continue to benefit.
A new foldable screen phone has been exposed, and institutions believe that foldable terminals have the potential to open up a larger market space.
①Transsion's brand Tecno recently showcased the Phantom Ultimate 2 foldable phone, equipped with 2 hinges, 3 panels, and a thickness of 11 millimeters when folded. ②East Money Information Securities stated that with the gradual iteration and updates of technologies such as Huawei's tri-fold screen patent, foldable terminals are expected to open up a larger market space.
Xiamen Hongxin Electronics Technology Group Inc. contributed over 0.1 billion yuan in profit from its computing power business. The company's performance in the first half of the year turned losses into profits year-on-year | Interpretations of Financial
In the first half of this year, xiamen hongxin electronics technology group inc.'s revenue increased by 105.46% year-on-year to 3.038 billion yuan, and its net income turned losses into profits. The mining business has become a key driver of growth for the company's performance, contributing a profit of 0.129 billion yuan in the first half of the year. xiamen hongxin electronics technology group inc. stated that the mining services and related technology comprehensive services business have obtained a certain scale of orders, which will provide good support for the performance in the second half of the year.