The new Chairman of China Resources Microelectronics has emerged!

China Resources Microelectronics announced recently that the 23rd meeting of the second Board of Directors approved the election of He Xiaolong as the chairman of the second Board of Directors; He Xiaolong has been with China Resources Group and China Resources Microelectronics, holding the position of deputy general manager in the Strategic Management Department of China Resources (Group) Co., Ltd.

cls.cn00:17 ET

Tianyue Advanced is expected to turn losses into profits in 2024, with overseas revenue reaching a new high since its listing.

① During the reporting period, the company's overseas revenue was 0.84 billion yuan, a year-on-year increase of 104.43%; ② In 2024, the company's Silicon Carbide substrate production will be 0.4102 million pieces, an increase of 56.56% compared to 2023; ③ Currently, the company has achieved quality and mass supply of 8-inch conductive type substrate products.

cls.cnMar 28 04:33 ET

Last year's revenue was nearly 70 billion yuan. Lens Technology plans to accelerate its Global layout this year | Interpretations.

① In 2024, Lens Technology's revenue increased by 28.27% year-on-year, and net income grew by 19.94% year-on-year. ② This year, the company will continue to improve its global production capacity layout, including Southeast Asia and North America.

cls.cnMar 27 21:02 ET

Are Hong Kong stock Autos stocks on the same page? After BYD and Xiaomi, NIO is also going to allocate shares!

Nio announced the launch of a "lightning" placement in Hong Kong, planning to issue up to 0.11879 billion Class A common shares at a price of HK$29.46 per share, which represents a discount of approximately 9.5% compared to its latest closing price in Hong Kong. Previously, BYD announced a lightning placement of H shares to raise HK$43.383 billion, the largest scale in the history of the Global Autos Industry. Xiaomi also announced a fundraising of up to US$5.3 billion through a method of issuing existing shares before new ones.

wallstreetcnMar 27 08:13 ET

Global Autos trade is facing a dark moment as Trump announces the imposition of the highest 25% tariffs on imported Autos.

① The President of the USA, Trump, announced that a maximum tariff of 25% will be imposed on all cars not manufactured in the USA; ② The tariffs will take effect on April 2 and will start to be collected the next day; ③ Most Auto Manufacturers' stock prices fell in after-hours trading, with Ford Motor down over 4% and General Motors down over 5%; ④ Canada and the EU have both responded.

cls.cnMar 26 18:42 ET

BYD's Q4 Net income increased by 73.1% year-on-year, reaching a new high, proposing a distribution of 39.74 yuan per share | Earnings Reports insights.

BYD's sales last year exceeded 100 billion USD for the first time in history, surpassing Tesla; the sales of pure electric vehicles reached 1.76 million units for the year, slightly lower than Tesla, while the total sales of cars, including hybrids, reached 4.272 million units, a year-on-year increase of 41%.

wallstreetcnMar 24 20:23 ET