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BYD: In Q1, revenue and net profit both saw growth, with the New energy Fund driving record performance.
BYD Q1 revenue and net profit both increased: New energy Fund driven record performance, expanding production to prepare for Global market. Key points: Strong performance growth: Q1...
Chongqing Changan Automobile: Core profit growth of 601% in the first quarter of 2025, revenue decline raises concerns.
Chongqing Changan Automobile's performance in the first quarter of 2025: core profit grew by 601%, but the decline in revenue raises concerns. Key points from the earnings report show a divergence in revenue and profit performance: in the first quarter, revenue was 34.161 billion yuan, a year-on-year decrease of 7.73%; the net income attributable to the parent company was 1.353 billion yuan, a year-on-year increase of 16.81%. Core profit has significantly improved: the net profit excluding non-recurring items was 0.783 billion yuan, a year-on-year increase of 601.31%, indicating a substantial enhancement in the profitability of the main business. Notable changes in financial structure: financial expenses were -1.074 billion yuan, a year-on-year increase of 341.34%, mainly influenced by increases in foreign exchange income and interest income.
Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.
① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'
Chongqing Changan Automobile's Solid State Battery will make its debut, and the industrialization of Solid State Battery technology is accelerating.
According to the official WeChat account of Chongqing Changan Automobile, on April 23, Chongqing Changan Automobile will debut its Solid State Battery at the 2025 Shanghai International Auto Show. ② Xiangcai Securities stated that in recent years, major countries around the Global have introduced related policies to support the development of Solid State Battery to accelerate the industrialization of Solid State Battery technology.
Hong Kong stocks are moving | S.F. Holding (06936) rises over 4% with March revenue increasing by 9.63% year-on-year, and the growth rate of express Logistics volume is ahead of the CSI Leading Industry Index.
S.F. Holding (06936) rose over 4%, as of the time of writing, up 3.95%, priced at 36.8 Hong Kong dollars, with a transaction value of 47.4992 million Hong Kong dollars.
Gree Electric Appliances, Inc. of Zhuhai will continue to increase efforts to combat infringement, with five individuals sentenced to imprisonment.
① Gree Electric Appliances, Inc. of Zhuhai issued a report on the progress of intellectual property rights protection. From January 2024 to March 2025, four criminal cases were concluded, resulting in five people receiving sentences and fines of 200,000 yuan; ② From January to March 2025, two criminal cases, fifty civil cases, and one administrative case were concluded.
