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Announcement Selection | China Life Insurance's net profit for the first three quarters is expected to increase by 165%-185%; china coal energy's coal sales volume increased by 18.5% in September.
Chinasoft Int'l: Multiple Hongmeng projects are accelerating the innovation of financial business; United Lab: Amoxicillin granules pass consistency evaluation.
Gelonghui Announcement Highlights (Hong Kong Stock) | China Life Insurance (02628.HK) is expected to achieve a net income attributable to the mother of 101.135 billion to 108.767 billion yuan in the first three quarters, a year-on-year increase of 165% to
【Today's Focus】China Life Insurance (02628.HK): It is expected that the net income attributable to shareholders in the first three quarters will be between 101.135 billion and 108.767 billion yuan, an increase of 165% to 185% year-on-year. China Life Insurance (02628.HK) has announced an increase in performance for the first three quarters of 2024. According to the company's preliminary calculations, it is estimated that under the Enterprise Accounting Standards, the net income attributable to the parent company's shareholders for the first three quarters of 2024 will be approximately RMB 101.135 billion to RMB 108.767 billion, an increase of approximately RMB 62.971 billion to RMB 706.0 compared to the same period in 2023.
SUTENG JUCHUANG (02498.HK) intends to further repurchase shares not exceeding 0.3 billion Hong Kong dollars.
Grace Wisdom October 16th ｜ Suteng Juchuang (02498.HK) announced that the board of directors has resolved to further repurchase shares in the open market of the Stock Exchange from time to time according to the authorized share repurchase, with a total amount not exceeding 0.3 billion Hong Kong dollars ("Second stage share repurchase"). The total number of shares repurchased in the initial stage of share repurchase and the second stage of share repurchase shall not exceed 10% of the total number of shares issued at the annual general meeting of shareholders (excluding treasury shares, if any). The second stage of share repurchase can be carried out after the completion of the first stage of share repurchase, until the expiration date of the share repurchase authorization or approved by the board of directors according to relevant board resolutions.
Express News | RoboSense Technology - Resolved to Further Repurchase Shares in Open Market on Stock Exchange From Time to Time
Brokerage Focus: Soochow Securities maintains a "buy" rating on Speedy Group (02498), pointing out that the growth potential of ADAS products is worth looking forward to.
Jingu News | Soochow Securities issued research reports stating that Speed Teng Juchuang (02498) released the shipment data for the first 9 months of 2024, with total shipments of lidar/ADAS lidar/robot and other types of lidar of the company in 24Q1-Q3 being 0.382/0.366/0.016 million units, corresponding to +364%/395%/129% year-on-year. In 24Q3, the company's lidar product shipments were 0.1386 million units, up by +140% year-on-year and +13% quarter-on-quarter. The bank stated that in 24Q3, the company's shipments of robots and other lidar were 0.0072 million units, up by +38% year-on-year.
Soochow: Maintains a "buy" rating on Siasun Robot&Automation (02498), with the expectation that robot shipments will contribute significantly to incremental growth.
In Q3 24, siasun robot&automation and other lidar shipments reached 7,200 units, up 38% year-on-year and 53% quarter-on-quarter.
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