xxf (02473.HK): Xu Rui resigns as a non-executive director.
On November 6, Xxf (02473.HK) announced that Xu Rui resigned as a non-executive director of the company, effective from November 6, 2024, in order to devote more time to his personal career.
Exciting! Hong Kong's recent IPOs, with the highest one-year surge of 16 times, and the lowest single-day plunge of over 53%!
There are a total of 73 recent ipos listed in Hong Kong stock market within one year, among which 10 have doubled in cumulative gains since listing.
With a sharp increase of 1600% from the issue price, xxf (02473) is there a hidden signal in the storage movement?
Behind the sharp rise, xxf surprisingly appeared with large warehouse deposits.
Flying cars continue to attract market attention, xpeng auto soars nearly 9%.
①What are the market expectations and potential market size for flying cars? ②What is the latest progress of the EU's anti-subsidy investigation on Chinese electric vehicles?
In August, domestic new energy heavy truck sales surged by 117% to 6,303 units, maintaining year-on-year growth for 19 consecutive months.
According to the latest data obtained by the First Commercial Vehicle Network, in August 2024, a total of 6,303 domestic new energy heavy-duty trucks were sold, a decrease of 5% compared to July, while the year-on-year growth continued, reaching an increase of 117%. The new energy heavy-duty truck market has maintained year-on-year growth for 19 consecutive months.
XXF: Interim Report 2024
XXF Group Reports Lower H1 Profit
XiXiangFeng Group (02473.HK): Adjusted net income for the first half of the year was 23.874 million yuan, an increase of 7.8% year-on-year.
On August 18th, Grong Hui reported that Xixiangfeng Group (02473.HK) has announced that it has achieved revenue of 0.659 billion yuan and increased 9.6% year-on-year as of June 30th, 2024. Gross profit was 0.209 billion yuan, an increase of 6.1% year-on-year. During the reporting period, the company's adjusted net income was RMB 23.874 million, which increased by 7.8% compared to the same period last year. The increase was mainly due to the company's stable development of its business, deepening its network layout, and achieving sales growth in its main business operations.
XXF: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
HK stocks fluctuate | Good Fortunate Group (02473) drops by more than 6% again, and the mid-term net profit is expected to decline by up to 69% year-on-year.
Joy Spreader Group (02473) fell by over 6%, as of publication, down 6.37%, at HKD 6.03, with a turnover of 2.2723 million Hong Kong dollars.
Sigungfong Group (02473.HK) plans to hold a board of directors meeting on August 16 to approve mid-term performance.
Xixiangfeng Group (02473.HK) announced that the board of directors will hold a meeting on August 16, 2024 (Friday) to consider and approve the group's interim performance for the six months ending June 30, 2024 (including), as well as to handle other matters.
HK stocks change | Happy Meeting Group (02473) fell nearly 5%, and it is expected that the mid-term net profit will decline by up to 69% year-on-year.
Cafe de Coral Group (02473) fell nearly 5%. As of press time, it fell by 4.73%, and the price was HKD 6.25 with a turnover of HKD 2.3441 million.
Ying Jing Group (02473.HK) is expected to have a net profit of no less than 19 million RMB in the first half of the year.
Xi Xiang Feng Group (02473.HK) is expected to record a revenue of no less than 0.65 billion yuan (RMB) for the first half of the year ending in June, compared to 0.601 billion yuan in the same period last year. The growth is mainly due to stable operation, deepening sales network and improving sales capacity. It is expected that the company's attributable profit for the first half of the year will be no less than 19 million yuan, a decrease from 62.4 million yuan in the same period last year, mainly due to the fair value movement of redeemable ordinary shares with a redemption feature last year, which increased the profit during the period by about 46.3 million yuan. All of these redeemable ordinary shares have been converted into ordinary shares after their listing in November last year, so there are no such shares in the middle of this year.
Happigo Group (02473.HK) expects a mid-term profit of over 19 million yuan.
On August 5th, Gelunhui announced that Xixiangfeng Group (02473.HK) expects to achieve revenue of about 60.1 million yuan in the six months ending on June 30, 2023. The group will achieve revenue of no less than 65 million yuan by mid-2024. This is mainly due to the group's steady operation, deepening of sales network, and improvement of sales capability. The group expects to achieve a net profit attributable to shareholders of about 6.24 million yuan in the first half of 2023, compared to no less than 19 million yuan in mid-2024.
XXF: UPDATE ON FINANCIAL INFORMATION
Changes in Hong Kong stocks | Happy to see a rise of more than 7%, a two-month high, and last year's profit increased by nearly 40% year on year
Glonghui, May 9 | Retail auto finance and leasing service provider Xibeng Group (2473.HK) rose more than 7% to HK$3.1, hitting a nearly two-month high. Xishangfeng Group recently disclosed its 2023 annual results. During the reporting period, it achieved revenue of 1,304 billion yuan, an increase of 14.3%; gross profit of 419 million yuan, an increase of 11.9%; and profit attributable to company owners of 110 million yuan, an increase of 39.7% over the previous year. During the period, the Group increased sales and marketing efforts and opened new self-operated sales outlets to develop the Group's business and increase the Group's profits. Furthermore, the Passenger Federation said that preliminary statistics are on April 1
XXF: Annual Report 2023
Xixiangfeng Group (02473) announced 2023 annual results. Profit attributable to shareholders of 110 million yuan increased 39.7% year over year
According to the Zhitong Finance App, Xibing Group (02473) disclosed its 2023 annual results. The group achieved revenue of 1,304 billion yuan (RMB, same below) during the reporting period, an increase of 14.3% over the previous year. Gross profit of 419 million yuan, up 11.9% year over year. Profit attributable to company owners was 110 million yuan, an increase of 39.7% over the previous year. Basic earnings per share were 30.23 points. During the reporting period, the Group achieved performance growth, mainly due to: (1) recovering from the adverse effects of the COVID-19 outbreak in 2022, the Group increased sales and marketing efforts and opened new self-operated sales outlets to develop
XXF: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Happy Meet Group (02473.HK) signed a sale-leaseback contract with Dongfeng Nissan
Gelonghui, March 19, 丨 Hi Xiang Feng Group (02473.HK) announced that on March 19, 2024, the tenant (for the company's indirect wholly-owned subsidiary) and/or certain of its subsidiaries) entered into such sale and leaseback contracts with Dongfeng Nissan. Based on this, the lessee agreed to transfer the leased assets to Dongfeng Nissan at a total cost of approximately RMB 3,052,587, while Dongfeng Nissan agreed to lease back the leased assets to the lessee, with a total rent of approximately RMB 3,676,438.
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