① SUNSHINE INS's original premium income exceeded 110 billion yuan in the first 10 months. What is the business growth rate? ② Yankuang Energy acquires 100% of Zikuang Railway's shares. How high is the transaction consideration?
Financial Services Association, November 18 (Editor: Feng Yi) Financial Association brings you today's important announcements on Hong Kong stocks
1) Company news
Xiaomi Group-W (01810.HK): Revenue for the third quarter was about 92.5065 billion yuan, up 30.5% year on year, up 4.1% month on month; profit was about 5.34 billion yuan, up 9.7% year on year, up 5.3% month on month; adjusted net profit was 6.252 billion yuan, up 4.4% year on year and 1.2% month on month.
During the period, the company's revenue reached a record high. The revenue of the mobile phone x AIoT segment was 82.8 billion yuan, up 16.8% year on year, and smartphone shipments reached 43.1 million units, up 3.1% year on year. It is in the top three in the world, with a market share of 13.8%. 39,790 new Xiaomi SU7 series cars were delivered in the third quarter.
Revenue for the first 9 months was about 256.901 billion yuan, up 29.9% year on year; net profit was about 14.583 billion yuan, up 14.4% year on year; adjusted net profit was about 18.918 billion yuan, up 31.7% year on year. As of September 30, 2024, cash reserves were $151.6 billion, up 18.7% year over year. The revenue of the “Innovative Businesses such as Smart Electric Vehicles” segment was RMB 9.7 billion.
SUNSHINE INS (06963.HK): The premium income of the subsidiary Sunshine Financial Insurance and Sunshine Life's original insurance contracts in the previous 10 months was 40.094 billion yuan and 73.966 billion yuan respectively, totaling 114.06 billion yuan, up 9.21% and 15.45%, respectively.
Yankuang Energy (01171.HK): It plans to spend about 0.5215 billion yuan to acquire 100% of the shares in Zikuang Railway.
Joy City Real Estate (00207.HK): A subsidiary acquisition of land use rights located in Sanya, China, has paid a bid deposit of 0.4345 billion yuan.
According to the announcement, the plot is located in the core business district of Sanya, with an excellent location, close to shopping centers (including Sanya Joy City), a top three hospital, schools, sports facilities and parks.
Kangda Environmental Protection (06136.HK): The subsidiary plans to transfer assets including sewage treatment plant franchises, sewage treatment plants and corresponding facilities to Jieyuan in Wugang City, involving 57 million yuan.
Yimei International Holdings (01870.HK): The subsidiary obtained the Shanxi Electric Power Trading Center's license to sell electricity in the market.
2) Repurchase news
Tencent Holdings (00700.HK): spent approximately HK$0.703 billion to repurchase 1.73 million shares at a repurchase price of HK$401.8 — HK$412.8.
AIA Insurance (01299.HK): spent HK$0.384 billion to repurchase 6.695 million shares at a repurchase price of HK$56.9 - HK$58.1.
COSCO Marine Holdings (01919.HK): spent HK$31.4346 million to repurchase 2.6 million shares at a repurchase price of HK$12-HK$12.24.
China Petroleum & Chemical Co., Ltd. (00386.HK) spent HK$28.1668 million to repurchase 6.7 million shares at a repurchase price of HK$6.34 to HK$6.43.
