Announcement on the evening of October 31 | Li Auto's Q4 revenue guidance is below expectations; Changying Tong plans to acquire Wuhan Shengyisheng Optoelectronics Technology
Li Auto's net profit for the third quarter was 3.84 billion yuan, a year-on-year increase of 11%, but the revenue guidance for the fourth quarter is expected to be between 43.2 billion and 45.9 billion yuan, lower than the market expectation of 46 billion yuan. Changying Tong plans to acquire Wuhan Shengyi Shengguang Optoelectronics Technology, and the stock will be suspended from trading starting tomorrow. Other companies such as Sungrow Power Supply and ST Jinguang have also released performance change information. Multiple companies will hold board meetings in mid-November to announce their third-quarter results
I. Performance Changes
-
Sungrow Power Supply: Achieved a net profit of 2.64 billion yuan in the third quarter, a year-on-year decrease of 7.96%.
-
ST Jinguang: Net profit loss of 969 million yuan in the third quarter.
Regarding Huawei and Hong Kong stocks
1. Li Auto: Adjusted net profit attributable to shareholders in the third quarter was 3.84 billion yuan, a year-on-year increase of 11%. It is expected that total revenue in the fourth quarter will be between 43.2 billion yuan and 45.9 billion yuan, with market expectations at 46 billion yuan.
2. Huawei Investment & Holding Co., Ltd.: Net profit attributable to the parent for the first three quarters was 62.868 billion yuan.
-
Shimao Group: Operating revenue for the first three quarters was approximately 3.987 billion yuan, a year-on-year increase of 17.47%.
-
Huishang Bank: Net profit for the first three quarters was 13.3 billion yuan, a year-on-year increase of 6.4%.
-
SANY International: Comprehensive net profit for the first three quarters was approximately 1.343 billion yuan, a year-on-year decrease of about 22.3%.
-
CSPC Pharmaceutical Group: Issued a profit warning, expecting net profit for the first three quarters to decrease by about 16% year-on-year.
-
Bilibili: Will hold a board meeting on November 14 to announce third-quarter performance.
-
NetEase: The board will hold a meeting on November 13 to review third-quarter performance, with the performance announcement expected on the 14th.
-
JD Group: Will hold a board meeting on November 13 to review quarterly performance, with an announcement and conference call on November 14.
-
JD Logistics: Will hold a board meeting on November 14 to review quarterly performance.
II. Suspension of Trading
Changying Tong: Plans to issue shares and pay cash to acquire equity in Wuhan Shengyisheng Optoelectronics Technology while raising matching funds; stock will be suspended from trading starting tomorrow.
III. External Investment and Daily Operations
-
Lujiazui: Won the land use rights for a plot in Pudong New District, Shanghai, for 3.441 billion yuan.
-
Zhonglv Electric: Subsidiary obtained construction indicators for a 250MW fish-solar complementary project in Fujian.
-
Jinguang Electric: Won a bid for a 39.378 million yuan State Grid procurement project.
-
Zhongxin Shares: The U.S. Department of Commerce has initiated anti-dumping and countervailing investigations against the company's products, and a special task force has been established to actively respond to the U.S. Department of Commerce's "double investigation."
-
Jingu Shares: Received notification for the Avatar low-carbon wheel project.
-
Zhangzhou Development: Subsidiary's rooftop photovoltaic power station project included in Fujian Province's 2024 photovoltaic power station development and construction project list.
Regarding Hong Kong stocks
-
Poly Property: Sold 100% of its subsidiary's shares for a total transaction price of 3.951 billion Hong Kong dollars.
-
Everbright Securities: Approved to issue short-term corporate bonds not exceeding 15 billion yuan.
-
Oceanwide Group: Will hold a substantive hearing on January 24, 2025.
-
Agricultural Bank of China: Executive Director and Vice President Zhang Xuguang resigned due to retirement age
4. Equity Transfer, Repurchase, Increase and Decrease of Holdings
-
Daili New Materials: The actual controller and shareholders plan to transfer 5.01% of shares through an agreement, with a transfer price of 6.46 yuan/share.
-
Longgao Co., Ltd.: The controlling shareholder plans to transfer 3.35% of the company's shares to a concerted party through an agreement, with a transfer price of 17.26 yuan/share.
-
Youfu Co., Ltd.: The upper limit for the increase in shareholding price has been canceled at 4 yuan/share.
-
Longi Green Energy: The company has repurchased a total of 303 million yuan in shares.
-
Yuyuan Co., Ltd.: Plans to repurchase no more than 200 million yuan for employee stock ownership plans or equity incentives.
-
Tongxingda: The chairman proposed to repurchase shares with 500 million to 400 million yuan.
-
Haon Qidian: The controlling shareholder plans to increase shareholding with 40 million to 80 million yuan.
-
Zhenhua Technology: The controlling shareholder's plan to increase company shares has received loan support.
-
Yuheng Pharmaceutical: Received a "Loan Commitment Letter" for special financing support to repurchase company shares.
-
China Energy Engineering: The controlling shareholder has received loan support for increasing A-share holdings.
-
Guangyang Co., Ltd.: Plans to repurchase shares with 70 million to 100 million yuan.
-
Dongyangguang: The controlling shareholder has received loan support for increasing shareholding.
Regarding Hong Kong Stocks
-
Alibaba: On October 30, spent 19.9884 million USD to repurchase 1.6144 million shares.
-
GAC Group: Today spent 21.2038 million HKD to repurchase 7.85 million shares.
-
Jitu Express: Today spent 7.6552 million HKD to repurchase 1.251 million shares.
-
Great Wall Motors: JP Morgan's holding ratio in the company's H shares increased from 4.78% to 5.72%.
-
Dongfeng Motor: BlackRock's holding ratio in the company's H shares decreased from 5.19% to 4.65%.
-
China Energy Engineering: The controlling shareholder has received loan support for increasing A-share holdings