Core Viewpoint - China Oriental Group (00581) reported a decrease in revenue for the first half of 2025, but significant growth in net profit, indicating effective cost management and strategic initiatives in response to market challenges [1] Financial Performance - Revenue for the first half of 2025 was 19.86 billion yuan, a year-on-year decrease of 12% [1] - Gross profit reached 1.243 billion yuan, reflecting a year-on-year increase of 38.1% [1] - Profit attributable to equity holders was 203 million yuan, showing a year-on-year increase of 116% [1] - Basic earnings per share were 0.05 yuan [1] Factors Influencing Performance - The increase in net profit was attributed to several factors, including: - A decline in major raw material prices, which fell faster than the prices of steel products [1] - Ongoing implementation of lean management strategies, including cost reduction and procurement optimization, leading to a decrease in overall cost per ton of steel [1] Strategic Initiatives - The company is actively addressing macroeconomic fluctuations and deep industry adjustments through: - Innovation-driven approaches - Green transformation efforts - Enhanced management practices - Promotion of high-quality development as the main operational strategy [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表明，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 | | 截至6月30日止六個月 | | | | --- | --- | --- | --- | | | 2025年 | 2024年 | 變化 | | 息稅折舊及攤銷前溢利(EBITDA)1 | | | | | （人民幣） | 10.65億 | 8.15億 | 30.6% | | 息稅折舊及攤銷前溢利(EBITDA)1率 | 5.4% | 3.6% | 不適用 | | 2 息稅前溢利(EBIT) （人民幣） | 4.59億 | 2.50億 | 83.8% | | 息稅前溢利(EBIT)2率 | 2.3% | 1.1% | 不適用 | | （人民幣） 除所得稅前溢利 | 4.21億 | 1.43億 | 194.2% | | 期內溢利 （人民幣） | 2.43億 | 1.23億 | 97.5% | | 期內本公司權益持有者 | | | | | （人民幣） 應佔溢利 | 2.03億 | 0.94億 | 116. ...

Group 1 - The company reported total operating revenue of approximately 2 billion yuan for the six months ending June 30, 2025, representing a year-on-year decrease of 2.69% [1] - The net profit attributable to the shareholders of the parent company was 61.4528 million yuan, showing a year-on-year increase of 11.87% [1] - Earnings per share were reported at 0.1812 yuan [1]

Core Viewpoint - China Oriental Group (00581) announced its subsidiary Qingdao Huijintong Electric Equipment Co., Ltd. reported a total operating revenue of approximately 2 billion yuan for the six months ending June 30, 2025, representing a year-on-year decrease of 2.69% [1] - The net profit attributable to the parent company's shareholders was 61.4528 million yuan, reflecting a year-on-year increase of 11.87% [1] - Earnings per share stood at 0.1812 yuan [1] Financial Performance - Total operating revenue for the period was approximately 2 billion yuan, down 2.69% year-on-year [1] - Net profit attributable to shareholders increased to 61.4528 million yuan, up 11.87% year-on-year [1] - Earnings per share recorded at 0.1812 yuan [1]

CHINA ORIENTAL GROUP COMPANY LIMITED 中國東 方 集團控 股 有限公 司 * （於百慕達註冊成立的有限公司） （股份代號：581） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表明，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 青島匯金通電力設備股份有限公司 截至 2025 年 6 月 30 日止六個月 的未經審核合併財務業績 本公告乃由中國東方集團控股有限公司* (「本公司」)根據香港聯合交易所有限 公司證券上市規則第 13.09 條及香港證券及期貨條例(香港法例第 571 章)第 XIVA 部內幕消息條文而作出，以向本公司股東及公眾人士提供其附屬公司青島 匯金通電力設備股份有限公司(「匯金通」)截至 2025 年 6 月 30 日止六個月的 未經審核合併財務業績。此所載的財務資料已根據中國企業會計準則編制。 匯金通是一間於中華人民共和國(「中國」)註冊成立的公司，其股份於上海證 券交易所上市。於本公告日，本公司間接持有匯金通約 40.5%的已發行股本。 於 ...

Group 1: Hong Kong Stock Exchange Developments - Hong Kong Stock Exchange (HKEX) CEO Charles Li stated that HKEX will research a 24-hour trading mechanism, taking into account international experiences and local market conditions [1] - HKEX plans to enhance its competitiveness through strategic investments in data platform optimization and trading settlement system upgrades [1] - The exchange is also exploring shortening the settlement cycle for the cash market, with a potential T+1 settlement system supported by its technology by the end of this year [1] Group 2: Market Overview - The S&P 500 index fell for four consecutive days, with the index closing down 0.24% at 6395.78 points [2] - Major technology stocks mostly declined, with Intel dropping approximately 7% [2] - The Nasdaq China Golden Dragon Index rose by 0.33%, with notable gains from Tiger Brokers and JinkoSolar [2] Group 3: Financial Regulatory Updates - The National Financial Regulatory Administration is seeking public opinion on the draft of the "Commercial Bank M&A Loan Management Measures," which includes provisions for equity acquisition loans [3] Group 4: Federal Reserve Insights - The Federal Reserve's July meeting minutes indicated a moderate GDP growth in the first half of the year, with a focus on inflation risks over labor market concerns [4] - There was a notable dissent among Fed officials regarding interest rate decisions, marking a significant moment since 1993 [4] Group 5: Corporate Earnings Reports - Alibaba Group announced plans to spin off its subsidiary, Zhaima, for an independent listing on the Hong Kong Stock Exchange [5] - Baidu Group reported a total revenue of RMB 327.13 billion for Q2 2025, a year-on-year decrease of 4%, while net profit increased by 33% to RMB 73.22 billion [8] - Huazhu Group's total revenue for Q2 2025 was RMB 64.26 billion, with a net profit of RMB 15.44 billion, reflecting a 44.7% year-on-year increase [9] - China Oriental Group expects a net profit increase of no less than 70% for the first half of 2025, projecting at least RMB 2.20 billion [10] - Lijun Pharmaceutical reported a net profit of RMB 12.81 billion for the first half of 2025, a 9.4% increase year-on-year [11] - BOSS Zhipin reported a net profit of RMB 7.16 billion for Q2 2025, a 69.87% increase year-on-year [12] - New World Development reported a significant increase in net profit to HKD 887 million, a 1076% rise year-on-year [13] - Yimuyou Group expects a net profit of no less than RMB 2.6 billion for the first half of 2025, representing a growth of over 90% [14] - Yongsheng Medical reported a net profit of HKD 51.63 million, a 55.1% increase year-on-year [15] - Lepu Biopharma achieved a revenue increase of 249.59% for the first half of 2025, marking its first profit [16] - Huya Technology expects a net profit of USD 30 million to 38 million for the first half of 2025, a significant increase from the previous year [17] - Kingsoft reported a net profit of RMB 816 million for the first half of 2025, a 20.41% increase year-on-year [18] - Zhong An Online reported a net profit of RMB 668 million, a 1103.54% increase year-on-year [19] - Yaoshi Bang reported a net profit of RMB 78.12 million, a 258% increase year-on-year [20] - Crystal International reported a net profit of USD 98.27 million, a 17% increase year-on-year [21] - Ocean Group expects a turnaround with a projected net profit of RMB 9.5 billion to 11 billion for the first half of 2025 [22] - Kingsoft Cloud reported an adjusted EBITDA of approximately RMB 725 million, a 672.62% increase year-on-year [23] Group 6: Pharmaceutical Developments - Heyou Pharmaceutical's IND application for a combination therapy for NSCLC has been approved by the CDE [24] - Shengbela reported a net profit of RMB 327 million, marking a turnaround from a previous loss, with significant growth in various business segments [25]

Core Insights - The project by ArcelorMittal and China Orient Group marks a significant investment in China's new energy soft magnetic materials sector, with a total investment of $2.6 billion (approximately 18.8 billion RMB) [1][2] - The project aims to establish a high-tech, green, intelligent, and digital industrial base in Changzhou, with a production capacity of 1.5 million tons of non-oriented silicon steel in the first phase and 300,000 tons of oriented silicon steel in the second phase [1] - The project emphasizes green manufacturing principles, aiming to operate with 100% green electricity and to become a benchmark factory for new energy soft magnetic materials [1] Company and Industry Analysis - The project is a collaboration between global steel giant ArcelorMittal and China Orient Group, highlighting the strategic partnership between international and local firms in the advanced materials sector [1][2] - The financial services provided by Industrial Bank were tailored to meet the high demands of the project, showcasing the importance of specialized financial solutions in complex industrial projects [2] - Industrial Bank's proactive approach and efficient approval mechanisms allowed it to become the first bank in the industry to secure project financing, with a credit line of 4 billion RMB, indicating strong recognition from the enterprise [2]

Core Viewpoint - China Oriental Group (00581) expects to achieve a net profit of no less than RMB 220 million for the six months ending June 30, 2025, representing an increase of at least 70% compared to the net profit of approximately RMB 123 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated net profit increase is primarily attributed to a combination of factors, including a decline in the prices of major raw materials, which is decreasing at a faster rate than the decline in steel product prices [1] - The company is implementing a comprehensive lean management strategy, which includes cost reduction and efficiency improvement measures, as well as optimizing procurement management, leading to a decrease in overall cost per ton of steel [1]

Core Viewpoint - China Oriental Group (00581) expects to achieve a net profit of no less than RMB 220 million for the six months ending June 30, 2025, representing an increase of at least 70% compared to the net profit of approximately RMB 123 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories - **Financial Performance** - The anticipated net profit increase is primarily attributed to a significant drop in the prices of key raw materials, which is declining faster than the prices of steel products [1] - The company is implementing a lean management strategy, including cost reduction and efficiency improvement measures, which has led to a decrease in the overall cost per ton of steel [1]

Core Viewpoint - China Oriental Group (00581.HK) expects to record a net profit of no less than RMB 220 million for the six months ending June 30, 2025, representing an increase of at least 70% compared to the net profit of approximately RMB 123 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated increase in net profit is primarily attributed to a combination of factors, including a decline in major raw material prices, which is decreasing at a faster rate than the decline in steel product prices [1] - The company is implementing comprehensive lean management strategies, including cost reduction and efficiency enhancement, as well as optimizing procurement management, leading to a decrease in overall cost per ton of steel [1]