[Today's focus]
Zero Sports Auto (09863.HK)'s revenue in the first quarter reached 3.486 billion yuan, and total vehicle deliveries surged 217.9% year on year
Zero Sports Auto (09863.HK) announced unaudited financial results for the first quarter of 2024. Revenue for the first quarter of 2024 was RMB 3,486.2 billion, an increase of 141.7% over the same period in 2023. Net cash used for operating activities in the first quarter of 2024 was RMB 1,1809 million, compared to RMB 2,610.7 billion for the same period in 2023.
The total number of vehicles delivered in the first quarter of 2024 was 33,410, an increase of 217.9% from 10,509 vehicles in the same period in 2023. Among them, T03 deliveries were 9,433 vehicles, up 140.3% from 3,925 vehicles in the same period in 2023; C11 deliveries were 12,122 units, up 129.1% from 5,292 vehicles in the same period in 2023; C01 deliveries were 3,998 vehicles, up 209.4% from 1,292 vehicles in the same period in 2023; and C10 deliveries were 7,857 vehicles. As of March 31, 2024, the company's sales network continued to be optimized, with a total of 510 stores, covering 182 cities.
According to the announcement, the year-on-year increase in revenue was mainly due to the gradual acceptance of products by the market and the increase in sales volume brought about by a richer product matrix; the month-on-month decline was mainly due to the company's renewal and upgrading of all models in the first quarter, making adjustments to the production and sales of the original models, and compounding the seasonal impact of the Spring Festival holiday.
[Important matters]
New Era Energy (00166.HK) will assess losses and launch relevant plans to resume GSA and HRB gas production as soon as possible
Chengfei Company, a subsidiary of Chongqing Electromechanical (02722.HK), signed a settlement agreement with Mingyang Company
Jinyang New Energy (01121.HK) plans to promote and sell the latest technical flexible components for motorhomes on a large scale in Australia and New Zealand
[Financial results]
Huazhu Group-S (01179.HK)'s first quarter revenue increased 17.8% year-on-year to 5.3 billion yuan
Emperor Capital (00717.HK)'s medium-term adjusted net profit (net of impairment provision) increased 6.5% to HK$99 million
Osi Group (01161.HK) Profit Alert: Mid-term net profit is expected to decrease by no less than HK$40 million year-on-year
VITASOY INT'L (00345.HK) Profit: Annual net profit is expected to rise 132% to 176%
Yongshun Holdings Hong Kong (06812.HK) Profit Alert: Profit before tax is expected to decrease by about 46% year-on-year in FY2024
[Operational data]
China People's Insurance Group (01339.HK): From January to April, the original premium income of RMB 30.117 billion increased 1.25% year-on-year
China Financial Insurance (02328.HK): From January to April, the original premium income reached 21.495 billion yuan, an increase of 2.8% year-on-year
Xinhua Insurance (01336.HK): The cumulative original premium income of 67.224 billion yuan in January-April decreased by 11.69% year-on-year
Sunshine Insurance (06963.HK): The original premium income from January to April reached 54.78 billion yuan
The total consolidated electricity sales volume of China Electric Power (02380.HK) in April was 10.85 million megawatt-hours, up 37.65% year-on-year
Youku Holdings (01948.HK): The total bill amount generated by the online marketing solutions business in the first quarter was 2,274 billion yuan, an increase of 13.9% year-on-year
[Pharmaceutical Innovation]
CSPC Group (01093.HK): Recombinant all-human anti-beta-Klotho monoclonal antibody (JMT202) approved for clinical trials
Yiming Angko-B (01541.HK): IMM01 (tidapecip) combined with azacitidine was approved by the State Drug Administration to conduct a randomized, double-blind, controlled phase III clinical trial plan
[Acquisition and sale]
AEON STORES (00984.HK) plans to sell 1,654,500 AEON Credit shares for HK$9.993 million
[Equity Incentives]
Sany International (00631.HK) grants 27.06 million restricted shares to 2,394 eligible participants
Fosun Tourism Culture (01992.HK) grants 11.41 million share options
[Repurchase Cancellation]
Tencent Holdings (00700.HK) spent HK$415 million to buy back 1.05 million shares on April 17
HSBC Holdings (00005.HK) spent HK$217 million to buy back 3.1096 million shares on May 16
Kanglong Chemical (03759.HK) spent 128 million yuan to buy back 5.826,500 A shares on May 17
Standard Chartered Group (02888.HK) spent £7.9773 million to buy back 1,013,300 shares on May 17
Hang Seng Bank (00011.HK) spent HK$33.6 million to repurchase 300,000 shares on May 17
Follett Glass (06865.HK) spent 29.9966 million yuan to buy back 1.2361 million A-shares on May 15
Yao Ming Kangde (02359.HK) spent 2005 million yuan to buy back 446,000 A shares on May 17
Swire Group A (00019.HK) spent HK$19.15 million to repurchase 278,500 shares on May 17
AIA (01299.HK) spent HK$16.12 million to repurchase 250,000 shares on May 17
Yum China (09987.HK) spent HK$4.674 million to buy back 15,000 shares on May 16
Xiansheng Pharmaceutical (02096.HK) spent HK$4.65 million to buy back 806,000 shares on May 17
On May 17, Haohai Biotechnology (06826.HK) spent 4.3037 million yuan to buy back 47,200 A shares
China Biopharmaceutical (01177.HK) cancelled 10 million shares purchased on May 17
Huanlian Link (01473.HK) cancelled 5 million shares to repurchase shares on May 14
Prussia Group Holdings (02486.HK) cancelled 1 million shares to buy back on May 17