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Lihe Wei: Report for the first quarter of 2025
2025 First Quarter Report
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH): Net income of 12.59 million yuan in the first quarter, a year-on-year decrease of 46.08%.
Gelonghui reported on April 24 that Leaguer(Shenzhen)Microelectronics Corp. (688589.SH) announced its first quarter report, with revenue of 97.7877 million yuan, a year-on-year decrease of 24.70%. The net income attributable to the shareholders of the listed company was 12.59 million yuan, a year-on-year decrease of 46.08%, and the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 8.4086 million yuan, a year-on-year decrease of 60.45%.
Leaguer Shenzhen MicroElectronics Says US Reciproca Tariffs Has No Impact on Business; Shares Up 3%
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH): There is no export business in North America, and the business and operation are not affected by the USA "reciprocal tariffs".
Gelonghui reported on April 9 that Leaguer(Shenzhen)Microelectronics Corp. (688589.SH) announced that in recent years, the majority of the company's raw materials have been supplied by domestic vendors, and all of the company's revenue comes from the domestic market, including applications in Smart Grids, photovoltaic New energy Fund, comprehensive energy efficiency management, Smart Home, smart hotels, and smart lighting. The company has no export business to North America. In light of this, the company's Business and Operation are not affected by the USA's 'reciprocal tariffs.'
Leaguer(Shenzhen)Microelectronics Corp. (688589.SH): has cumulatively repurchased 0.3% of its shares.
Gelonghui reported on April 1 that Leaguer(Shenzhen)Microelectronics Corp. (688589.SH) announced that as of March 31, 2025, the company has repurchased a total of 358,225 shares through the centralized bidding trading method on the Shanghai Securities Exchange trading system, accounting for 0.30% of the current total share capital of the company, with the highest repurchase price at 28.66 yuan/share, the lowest price at 24.50 yuan/share, and a total payment amount of 9.4235 million yuan (excluding transaction fees).