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Core Insights - Vipshop Holdings Limited reported its unaudited financial results for the fourth quarter and full year of 2025, highlighting a focus on strategic realignment and operational resilience to drive long-term growth [1] Financial Performance - Total orders for Q4 2025 were 206.0 million, down from 217.5 million in Q4 2024. For the full year, total orders were 732.4 million, compared to 757.5 million in 2024 [1] - Active customers in Q4 2025 numbered 45.3 million, slightly down from 45.7 million in the prior year. For the full year, active customers were 84.8 million, up from 84.7 million [1] - Non-GAAP net income for Q4 2025 was RMB 2.9 billion (US$ 408.7 million), compared to RMB 3.0 billion in Q4 2024. For the full year, it was RMB 8.7 billion (US$ 1.3 billion), down from RMB 9.0 billion [1] - Net income attributable to shareholders for Q4 2025 increased by 5.8% year-over-year to RMB 2.6 billion (US$ 370.3 million) from RMB 2.4 billion in Q4 2024. For the full year, net income was RMB 7.2 billion (US$ 1.0 billion), down from RMB 7.7 billion [1] - Gross profit for Q4 2025 was RMB 7.4 billion (US$ 1.1 billion), compared to RMB 7.6 billion in Q4 2024. For the full year, gross profit was RMB 24.5 billion (US$ 3.5 billion), down from RMB 25.5 billion [1] Revenue and Expenses - Total net revenues for Q4 2025 were RMB 32.5 billion (US$ 4.6 billion), down from RMB 33.2 billion in Q4 2024. For the full year, total net revenues were RMB 105.9 billion (US$ 15.1 billion), compared to RMB 108.4 billion in 2024 [1] - Total operating expenses for Q4 2025 decreased by 3.7% year-over-year to RMB 4.9 billion (US$ 697.7 million) from RMB 5.1 billion in Q4 2024 [1] - Operating margin for Q4 2025 increased to 8.9% from 8.6% in the prior year [1] Cash Flow and Shareholder Returns - As of December 31, 2025, the company had cash and cash equivalents of RMB 24.1 billion (US$ 3.4 billion) and short-term investments of RMB 5.8 billion (US$ 826.1 million) [1] - The company returned US$ 944.1 million to shareholders in 2025 through dividends and share repurchases [1] - An annual cash dividend of US$ 3.10 per ordinary share was declared for fiscal year 2025, with a payment date expected on April 24, 2026 [1] Business Outlook - For Q1 2026, Vipshop expects total net revenues to be between RMB 26.3 billion and RMB 27.6 billion, representing a year-over-year increase of approximately 0% to 5% [1]

Core Viewpoint - Daqo New Energy Corp. reported its financial results for Q4 2025, showing a mixed performance with improvements in production costs and gross profit, but continued net losses. Financial Highlights - Total cash and investments at the end of Q4 2025 was $2.27 billion, up from $2.21 billion at the end of Q3 2025 [1] - Polysilicon production volume increased to 42,181 MT in Q4 2025 from 30,650 MT in Q3 2025 [1] - Polysilicon sales volume decreased to 38,167 MT in Q4 2025 from 42,406 MT in Q3 2025 [1] - Average total production cost for polysilicon was $5.83/kg in Q4 2025, down from $6.38/kg in Q3 2025 [1] - Average cash cost for polysilicon was $4.46/kg in Q4 2025, slightly down from $4.54/kg in Q3 2025 [1] - Average selling price (ASP) for polysilicon was $5.83/kg in Q4 2025, compared to $5.80/kg in Q3 2025 [1] - Revenue for Q4 2025 was $221.7 million, down from $244.6 million in Q3 2025 [1] - Gross profit increased to $15.4 million in Q4 2025 from $9.7 million in Q3 2025, with a gross margin of 7.0% compared to 3.9% in Q3 2025 [1] - Net loss attributable to shareholders was $7.3 million in Q4 2025, improved from $14.9 million in Q3 2025; loss per basic ADS was $0.11 compared to $0.22 in Q3 2025 [1] - Adjusted net loss attributable to shareholders was $7.3 million in Q4 2025, compared to adjusted net income of $3.7 million in Q3 2025 [1] - EBITDA for Q4 2025 was $52.5 million, up from $45.8 million in Q3 2025, with an EBITDA margin of 23.7% compared to 18.7% in Q3 2025 [1]

Core Viewpoint - Banco Macro reported its financial results for the fourth quarter of 2025, highlighting significant growth in deposits and operating income, while also addressing the impact of inflation adjustments on its financial statements [1]. Group 1: Financial Performance - As of 4Q25, Banco Macro serves 6.36 million retail customers and over 224,969 corporate customers across Argentina [1]. - The bank's non-performing to total financing ratio was 3.87%, with a coverage ratio of 119.86% [1]. - Total deposits increased by 8% quarter-over-quarter (QoQ) to Ps.13.69 trillion, and by 24% year-over-year (YoY) [1]. - Total financing decreased by 2% QoQ to Ps.10.71 trillion, but increased by 40% YoY [1]. - Operating income after general and administrative expenses totaled Ps.453.2 billion, a 156% increase QoQ [1]. - Net income for 4Q25 was Ps.100.1 billion, recovering from a loss in the previous quarter, but 26% lower than 4Q24 [1]. Group 2: Capital and Liquidity - Banco Macro maintained a strong solvency ratio with excess capital of Ps.3.61 trillion and a capital adequacy ratio of 30.6% [1]. - Liquid assets accounted for 73% of total deposits in 4Q25 [1]. - The bank's Tier 1 ratio also stood at 30.6% [1]. Group 3: Adjustments and Returns - Excluding non-recurring expenses, net income for 4Q25 would have been Ps.183 billion, with an accumulated return on average equity (ROAE) of 6.6% [1]. - The accumulated annualized return on average assets (ROAA) was 1.8% [1].

Baidu Announces Fourth Quarter and Fiscal Year 2025 Results [Accessibility Statement] Skip NavigationBEIJING, Feb. 26, 2026 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2025."2025 marked a pivotal year as AI became the new core of Baidu. AI Cloud Infra gained strong momentum, wi ...

Core Insights - TORM plc demonstrated strong financial performance in 2025, with a focus on operational excellence and resilience amid geopolitical challenges, positioning itself favorably for 2026 [1][2] Financial Results - TORM generated time charter equivalent (TCE) earnings of USD 910 million in 2025, down from USD 1,135 million in 2024 [1] - Adjusted EBITDA for 2025 totaled USD 578 million, compared to USD 844 million in 2024, reflecting unrealized losses on financial instruments [1] - The net profit for 2025 was USD 286 million, a decrease from USD 612 million in 2024 [1] - TCE fleet-wide rates averaged USD/day 28,783 in 2025, down from USD/day 36,061 in 2024 [1] Market Environment - The year 2025 was influenced by geopolitical factors, including US tariffs, Houthi attacks, and sanctions on Russia, Iran, and Venezuela, which affected global trade and shipping routes [1] - TORM's operational agility allowed it to navigate these challenges effectively, maintaining a competitive edge in the product tanker industry [1] Vessel Transactions - TORM executed a disciplined fleet renewal strategy, acquiring eight product tankers in Q4 2025 and divesting one older LR2 tanker [1] - Throughout 2025, TORM acquired nine second-hand vessels and transitioned 14 leaseback vessels to full ownership, enhancing fleet quality and operational flexibility [1] Dividend Distribution - The Board of Directors approved an interim dividend of USD 0.70 per share for Q4 2025, amounting to a total payment of USD 70.9 million, reflecting 82% of net profit [1] Financial Outlook for 2026 - TORM expects TCE earnings for 2026 to range between USD 850 million and USD 1,250 million, with EBITDA projected between USD 500 million and USD 900 million [2] - As of February 17, 2026, TORM had covered 70% of Q1 2026 earning days at an average rate of USD/day 34,926, with 77% of full-year 2026 earning days still subject to change [2]

AIxC Hub Surpasses 4.8M Registered Wallets, Introduces New Season, and Announces "Agentir" for AI Agents [Accessibility Statement] Skip NavigationLOS ANGELES, Feb. 26, 2026 /PRNewswire/ -- AIxCrypto Inc. (NASDAQ: AIXC, "AIxC" or the "Company"), a U.S.-Nasdaq listed company integrating AI and blockchain while bridging Web2 and Web3, today announced AIxC Hub's expanded ecosystem growth, newest season, and the planned launch of "Agentir", a performance evaluation environment for AI Agents.Continue Reading- Age ...

[https://mb.cision.com/Public/15728/4313178/b79ae34c93871998.pdf]20260226 Oncoinvent 2H 2025 report[https://mb.cision.com/Public/15728/4313178/b034e378391f908e.pdf]20260226 Oncoinvent 2H25 presentationSOURCE Oncoinvent ASA## 21%[more press release views with Request a Demo]---- -- Oncoinvent ASA: Second half 2025 results [Accessibility Statement] Skip NavigationOSLO, Norway, Feb. 26, 2026 /PRNewswire/ -- Oncoinvent (OSE: ONCIN), a biotech company developing a receptor-independent alpha radiopharmaceutical t ...

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Five9, Inc., encouraging shareholders to contact the firm to discuss their rights and possible corporate governance reforms [1]. Group 1: Shareholder Rights and Legal Actions - Shareholders of Five9, Inc. may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [1]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees [1]. Group 2: Importance of Shareholder Involvement - Shareholder participation is crucial for improving company policies, practices, and oversight, which can enhance overall shareholder value [1]. - Halper Sadeh LLC has a history of representing investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [1].

Core Insights - LG Display has achieved the industry's first "100% dimming consistency" verification for its large-sized OLED panels, demonstrating superior pixel-level dimming technology [1] - This verification from UL Solutions highlights the effectiveness of OLED technology in maintaining brightness consistency across varying screen areas, unlike LCD panels which show significant dimming [1] Group 1: Dimming Consistency - Dimming consistency measures how effectively a display reproduces content based on brightness performance, with OLED achieving a perfect score of 100% [1] - In contrast, LCD panels showed a dimming consistency that dropped from a maximum of 83% to as low as 43% as the test area decreased [1] Group 2: Technology Comparison - OLED panels emit light at the pixel level, allowing them to maintain brightness and reproduce natural colors, while LCD technology struggles with color accuracy due to larger backlight blocks [1] - The halo effect in LCD panels can cause light bleeding, resulting in blurred images, particularly when bright objects are rendered against dark backgrounds [1] Group 3: Future Plans and Innovations - LG Display aims to strengthen its leadership in large-sized OLED technology, introducing new panels that utilize "Primary RGB Tandem 2.0" technology, achieving peak luminance of up to 4,500 nits [1] - The new technology also features the lowest reflectance level (0.3%) among existing displays, enhancing visual clarity [1]