Sungrow Power Supply has recently reported single-digit revenue growth for the first time, with a sharp decrease in revenue growth in the overseas market | Interpretations

① In 2022 and 2023, the company's revenue growth rates reached 66.79% and 79.47% respectively, while the growth rate for the year 2024 is only 7.76%; ② In 2024, the growth rate of the overseas market plummeted, with a year-on-year increase of only 8.76%. In 2023, the revenue growth rate for this segment reached 75.05%.

cls.cnApr 25 11:33 ET

The price of soda ash has significantly decreased, and Shandong Haihua's performance in the first quarter has turned from profit to loss year-on-year | Interpretations

① The price of the main product, soda ash, experienced weak demand in the first quarter, leading to a price decline. Shandong Haihua turned from profit to loss in the first quarter compared to last year; ② Currently, there are still no signs of reversal from both the supply and demand sides for soda ash.

cls.cnApr 25 09:25 ET

After Beijing Compass Technology Development took control of the Pioneer Fund, senior management adjustments were underway, with the General Manager and Chairman leaving in succession within two months.

On April 23, Wong Leah Kuen, Chairman of the Pioneer Fund, and Deputy General Manager Wu Yue stepped down, and the General Manager was replaced on March 1. Beijing Compass Technology Development acquired over 95% of the shares of the Pioneer Fund, completing the change of the actual controller. Both the original Morgan Stanley Huaxin Fund and Xinhua Fund had significant adjustments in their executive teams due to changes in shareholding.

cls.cnApr 25 09:08 ET

Vats Liquor Chain Store Management Joint Stock: Q1 performance dropped over 30% year-on-year, contract liabilities have significantly contracted compared to the previous period | Interpretations

① After last year's net income sharply decreased by over 80%, Vats Liquor Chain Store Management Joint Stock experienced more than a 30% year-on-year decline in both revenue and net income in Q1 this year; ② In response to the weak market, Vats Liquor Chain Store Management Joint Stock stated that it will develop new products with better cost performance to enhance profitability; ③ Some investors frankly said, "The company's performance pressure and the dramatic drop in stock price have left many shareholders lacking confidence." Vats Liquor Chain Store Management Joint Stock responded that it will deepen business reform to improve operation efficiency and profitability.

cls.cnApr 25 07:30 ET

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...

wallstreetcnApr 25 06:09 ET

[Data Watch] Electric Power stocks are sought after by various capital sources, as Institutions and speculators join forces to acquire Talkweb Information System.

① Electric Power stocks surged, with Institutions, retail investors, and Algo positions all actively Buying; among them, Sichuan Mingxing Electric Power received over 70 million from one Institution, and Guangdong Shaoneng Group received over 100 million from a top retail investor position. ② The computing power Concept stock Talkweb Information System was bought for 0.138 billion by one Institution, and received a total of over 0.27 billion from two top retail investor positions.

cls.cnApr 25 05:50 ET