[Today's focus]

Haidilao (06862.HK) Yingxi: Net profit from continuing operations is expected to exceed RMB 4.4 billion in 2023

Haidilao (06862.HK) announced that compared with the revenue from continuing operations of approximately RMB 31.04 billion for the year ended 31 December 2022, the Group's continuing operating revenue for the year ended 31 December 2023 is expected to be no less than RMB 41.4 billion, an increase of not less than 33.3%. The increase was mainly due to the cancellation of COVID-19 control measures and economic recovery, Haidilao restaurant traffic increased and business performance improved.

Compared with the Group's net profit from continuing operations of approximately RMB 1.64 billion for the year ended 31 December 2022, the Group is expected to record net profit from continuing operations of not less than RMB 4.4 billion for the year ended 31 December 2023. The increase was mainly due to an increase in the turnover rate of Haidilao restaurants and improvements in operational efficiency.

Affected by exchange rate fluctuations, the Group recorded a net exchange gain of approximately RMB 192.5 million in the first half of 2023 and net exchange losses in the second half of 2023. Excluding the impact of exchange gains and losses, the Group's net profit for the second half of 2023 is expected to increase by no less than 10.0% compared to the first half of 2023.

The Board believes that the Group's financial performance expectations for the year ended 31 December 2023 will reflect a strong recovery after the COVID-19 pandemic. Compared with the Group's continuing operating revenue and net profit of approximately RMB24.94 billion and RMB2.56 billion respectively for the year ended 31 December 2019 (the entire financial year before COVID-19), the Group's continuing operating revenue and net profit for the year ended 31 December 2023 are also expected to increase by no less than 65.9% and 71.8% respectively. The increase was mainly due to the expansion of the Haidilao restaurant network.

In 2023, the Group has been closely monitoring market conditions and adjusting business strategies and operations. In addition, the Group also strictly manages operating capital and uses credit financing methods to ensure steady cash flow and good cash conditions.

[Important matters]

Tianqi Lithium (09696.HK): By the end of 2023, the total amount of mineral resources increased to 447 million tons after the Greenbush spodumene mine was renewed

Xinming China (02699.HK): Stock Exchange Condemns Three Company Directors

[Financial results]

Liberal Arts Interactive (00434.HK) Yingxi: Profit attributable to owners is expected to increase by about 75% to 85% year-on-year

Lam Shun (Hong Kong) (00411.HK)'s medium-term profit increased by 205% to HK$129 million

Zhuoneng (Group) (00131.HK) Profit: Expected medium-term profit of approximately HK$313 million

Timepiece Treasure (02033.HK) Profit: Expected medium-term net profit of not less than HK$11 million

Crystal Pacific (00575.HK) Profit Alert: Equity holders are expected to account for losses of US$22 million to US$25 million in 2023

Gushengtang (02273.HK) Profit: Net profit is expected to increase by about 35% to 41% for the year

Elephant Future Group (02309.HK) Profit Alert: It is expected that the loss due to owners in the medium term will not exceed HK$39 million

Honghui Group (00183.HK) Profit Alert: Loss before income tax is expected to increase significantly in the medium term

Junqiu Holdings (01481.HK) expects annual losses after tax to be reduced

Junhao Group (00115.HK) expects losses attributable to owners for the year to narrow by about 82.2% to 92.4% year-on-year

[Operational data]

China Mobile (00941.HK): The total number of 5G package customers reached 789.5 million in January

China Telecom (00728.HK) released January operating data: 5G package users reached 322 million

China Metallurgical (01618.HK): The amount of new contracts signed in January was 101.41 billion yuan, a decrease of 3.8% year-on-year

China Unicom (00762.HK) released operating data for January: the total number of 5G package users reached 264 million

China Coal Energy (01898.HK): Commercial coal sales in January decreased 10.4% year-on-year to 21.62 million tons

Xuhui Holding Group (00884.HK) January contract sales amount of 3.72 billion yuan

[Pharmaceutical Innovation]

Huakang Biomedical (08622.HK) signed a memorandum of understanding with Fuzai Pig relating to the distribution of biologics and immediate testing of biomedical testing products

Fosun Pharmaceutical (02196.HK): Holding subsidiary accepted drug registration application

[Repurchase Cancellation]

AIA (01299.HK) spent HK$112 million to buy back 1.7536 million shares on February 20

Yum China (09987.HK) spent HK$496.616 million to buy back 154,600 shares on February 19

ESR (01821.HK) spent HK$26.755 million to repurchase 2.886 million shares on February 20

Kuaishou-W (01024.HK) spent HK$14.8068 million to buy back 341,100 shares on February 20

Fangda Holdings (01521.HK) spent HK$12.22 million to buy back 6.7 million shares on February 20

COSCO Marine Holdings (01919.HK) spent HK$11.322,500 to buy back 1.35 million shares on February 20

Swire Group A (00019.HK) spent HK$7.31 million to buy back 115,500 shares on February 20

Saijing Technology (00580.HK) spent HK$6.695,000 to buy back 5.71 million shares on February 20

Wanwuyun (02602.HK) spent HK$3,512,600 to repurchase 200,000 shares on February 20

On February 20, MineGene (06667.HK) spent HK$19.95 million to buy back 168,600 shares