Summary by Moomoo AI
Zhejiang Shibao Co., Ltd. released the summary of the 2024 interim report on August 23, 2024. The report shows that the company achieved revenue of approximately 1.126 billion RMB, a year-on-year increase of 54.73%; the net profit attributable to the shareholders of the listed company was approximately 66.88 million RMB, a significant increase of 237.18% year-on-year. This growth is mainly due to the acceleration of electrification, intelligence, and globalization trends in the automobile industry, as well as the increase in market share of Chinese branded passenger vehicles. The company did not plan to distribute cash dividends, bonus shares, or increase its capital through capital reserves during the reporting period. Zhejiang Shibao Holdings Group Co., Ltd. is the controlling shareholder of the company, and Zhang Shiquan is the actual controller of the company. During the reporting period, there were no changes in the controlling shareholder or the actual controller of the company.