Performance Summary - China Petroleum & Chemical Corporation (00386.HK) reported a revenue of 1,409.05 billion yuan, a decrease of 10.6% year-on-year, and a net profit of 21.483 billion yuan, down 39.8% year-on-year [2] - Kuaishou Technology (01024.HK) achieved a revenue of 67.654 billion yuan, an increase of 12.04% year-on-year, with a net profit of 8.9 billion yuan, up 9.9% year-on-year [2] - China National Pharmaceutical Group (01099.HK) recorded a revenue of 36.363 billion yuan, a decrease of 1.48% year-on-year, and a net profit of 295 million yuan, an increase of 1.02% year-on-year [2] - Miniso Group (09896.HK) reported a revenue of 9.393 billion yuan, a growth of 21.1% year-on-year, but a net profit of 906 million yuan, down 22.6% year-on-year [2] - Tuhu (09690.HK) had a revenue of 7.9 billion yuan, an increase of 10.5% year-on-year, with an adjusted net profit of 410 million yuan, up 14.6% year-on-year, and the number of stores increased to 7,205 [2] - Bilibili Inc. (09626.HK) reported a second-quarter revenue of 7.338 billion yuan, an increase of 19.76% year-on-year, and a net profit of 219 million yuan, turning from a loss of 609 million yuan in the same period last year [2] - Zaitong (00062.HK) achieved a revenue of 4.226 billion HKD, an increase of 3.98% year-on-year, and a net profit of 190 million HKD, up 57.94% year-on-year [2] - Xincheng Power (01148.HK) reported a revenue of 2.804 billion yuan, an increase of 7.06% year-on-year, but a net profit of 16.49 million yuan, down 25.49% year-on-year [2] - Fourth Paradigm (06682.HK) achieved a revenue of 2.626 billion yuan, an increase of 40.71% year-on-year, with an adjusted net loss of 44 million yuan, narrowing by approximately 71.2% from a loss of 152 million yuan in the same period last year [2] - Meilian Group (01200.HK) reported a revenue of 2.518 billion HKD, a decrease of 24.1% year-on-year, and a net profit of 151 million HKD, down 13% year-on-year [2] - Baisheng Group (03368.HK) achieved a revenue of 1.963 billion yuan, an increase of 0.93% year-on-year, and a net profit of 22.468 million yuan, turning from a loss of 18.641 million yuan in the same period last year [2] - Yuexiu Services (06626.HK) reported a revenue of approximately 1.962 billion yuan, a slight increase of 0.09% year-on-year, with a net profit of approximately 240 million yuan [2] - Yika (09923.HK) achieved a revenue of 1.64 billion yuan, an increase of 4% year-on-year, and a net profit of 43.075 million yuan, up 36.2% year-on-year [2] - Gaoweidianzi (01415.HK) reported a revenue of 1.36 billion USD, an increase of 132.2% year-on-year, with a net profit of 67.398 million USD, up approximately 320% year-on-year [2] - BOC Aviation (02588.HK) achieved a revenue of 1.242 billion USD, an increase of 6% year-on-year, but a net profit of 342 million USD, down 26% year-on-year [2] - Jiuxing Holdings (01836.HK) reported a revenue of 775 million USD, an increase of 0.7% year-on-year, but a net profit of 78.633 million USD, down 14.5% year-on-year [2] - Sinopec Kantons Holdings (00934.HK) reported a revenue of approximately 307 million HKD, a decrease of 7.2% year-on-year, and a net profit of approximately 563 million HKD, down 17.8% year-on-year [2] - Great Wall Holdings (00583.HK) issued a profit warning, expecting a mid-term net loss of 266 million to 294 million HKD, a significant shift from profit to loss [2] Company News - Shengye (06069.HK) has initiated a global strategic layout to build an AI + international supply chain technology platform [2] - Yuan Zheng Technology (02488.HK) plans to develop a strategic layout for equipment assetization and related RWA applications [2] - Oconview Biosciences (01477.HK) announced that the second Phase III clinical trial of OT-301 has reached its primary endpoint [2] Buyback Activities - Tencent Holdings (00700.HK) repurchased 928,000 shares at a cost of 551 million HKD, with a buyback price ranging from 590 to 597 HKD [2] - HSBC Holdings (00005.HK) repurchased approximately 1.33 million shares at a cost of about 132 million HKD, with a buyback price ranging from 98.6 to 99.55 HKD [2] - Techtronic Industries (00669.HK) repurchased approximately 25,000 shares at a cost of about 25.085 million HKD, with a buyback price ranging from 99.5 to 101.6 HKD [2] - Hang Seng Bank (00011.HK) repurchased 200,000 shares at a cost of 22.4935 million HKD, with a buyback price ranging from 111.8 to 112.8 HKD [2]

高偉電子控股有限公司 Cowell e Holdings Inc. （「本公司」） （於開曼群島註冊成立的有限公司） （股份代號：1415） 提名委員會職權範圍 （董事會於2025年8月21日採納） 1 組成 5 職責 本公司董事會（「董事會」）於2015年2月4日組成並成立提名委員會（「提名委 員會」），提名委員會的職權範圍包括但不限於權限、責任及具體職責，概 述如下。 2 成員 3 秘書 3.1 本公司的公司秘書或其代名人應為提名委員會的秘書。 – 1 – 2.1 提名委員會成員須由董事會委任，並應由至少三(3)名成員組成，而當 中大多數成員須為本公司獨立非執行董事。提名委員會須有至少一 名不同性別的董事。 2.2 提名委員會須由董事會主席或本公司獨立非執行董事擔任主席（「主 席」）。 2.3 提名委員會會議的法定人數須為兩(2)名成員，其中一(1)名須為本公司 獨立非執行董事。提名委員會會議按正當程序召開，而出席人數達法 定數目的會議即具有足夠能力行使提名委員會所獲賦予或可行使的 全部或任何授權、權力及酌情權。成員須親身或透過（包括但不限於） 電話或視像會議等電子通訊方式出席會議。 4 職權 – 2 – ...

高偉電子控股有限公司 Cowell e Holdings Inc. （股份代號：1415） （「本公司」） （於開曼群島註冊成立的有限公司） 審核委員會職權範圍 （董事會於2015年2月4日採納，並於2019年1月24日、 2022年12月29日及2025年8月21日修訂） 與本公司核數師的關係 5.1 主要負責就外聘核數師的委聘、重新委聘及罷免向董事會作出推薦 建議、批准外聘核數師的酬金及委聘條款，及處理任何有關該外聘核 數師辭任或解僱該核數師的問題； – 2 – 1 組成 本公司董事會（「董事會」）於2015年2月4日組成並成立審核委員會（「審核委 員會」），審核委員會的職權範圍包括但不限於權限、責任及具體職責，概 述如下。 – 1 – 2 成員 2.1 審核委員會成員須由董事會委任，並應由至少三(3)名成員（均須為本 公司非執行董事）組成。 2.2 審核委員會大多數成員須為獨立非執行董事，且當中至少一(1)名須 按照香港聯合交易所有限公司證券上市規則（「上市規則」）第3.10(2)條 規定具備適當的專業資格或具備適當的會計或相關的財務管理專長。 2.3 審核委員會須由本公司獨立非執行董事擔任主席（「主席 ...

本文源自：金融界AI电报 高伟电子(01415.HK)公布2025年中期业绩，收益约达13.6亿美元，同比增加约132.2%。 公司权益股东应 占净利润约为6739.8万美元，同比增长约3.2倍;每股基本盈利为7.8美分。 ...

Core Viewpoint - Gawei Electronics (01415) reported a significant increase in revenue and net profit for the first half of 2025, driven by increased customer orders, particularly for new rear camera module orders [1] Financial Performance - Revenue reached approximately $1.36 billion, representing a year-on-year increase of about 132.2% [1] - Net profit attributable to equity shareholders was approximately $67.4 million, reflecting a year-on-year growth of about 3.2 times [1] - Basic earnings per share were reported at 7.8 cents [1] Strategic Focus - The company continues to focus on technological innovation and product upgrades during the 2025 fiscal year [1] - There is an active effort to expand into emerging markets and diverse application scenarios [1] - The company aims to deepen strategic collaboration with partners, which has contributed to maintaining a competitive edge in a challenging market [1]

Core Viewpoint - Gawei Electronics (01415) reported a significant increase in revenue for the mid-year of 2025, reaching approximately $1.36 billion, which represents a year-on-year growth of about 132.2% [1] Financial Performance - The net profit attributable to equity shareholders was approximately $67.4 million, reflecting a year-on-year increase of about 3.2 times [1] - Basic earnings per share were reported at 7.8 cents [1] Revenue Growth Drivers - The revenue growth was primarily driven by an increase in customer orders, including orders for new rear camera modules [1] Strategic Focus - In the fiscal year 2025, the company continues to focus on technological innovation and product upgrades, actively expanding into emerging markets and diverse application scenarios [1] - The company is also deepening strategic collaboration with partners, which has enabled it to maintain stability and competitive advantages in a challenging market [1]

Core Viewpoint - Gao Wei Electronics (01415.HK) reported significant financial growth for the six months ending June 30, 2025, with revenues reaching approximately $1.36 billion, a year-on-year increase of about 132.2% [1] - The company's net profit attributable to equity shareholders was approximately $67.4 million, compared to $16.0 million in the same period last year, with basic earnings per share of 7.8 cents [1] Financial Performance - Revenue for the reporting period was approximately $1.36 billion, reflecting a year-on-year growth of 132.2% [1] - Net profit attributable to equity shareholders was approximately $67.4 million, up from $16.0 million in the previous year [1] - Basic earnings per share were reported at 7.8 cents [1] Strategic Focus - The company continues to focus on technological innovation and product upgrades, actively expanding into emerging markets and diverse application scenarios [1] - Strategic collaboration with partners is being deepened to maintain competitive advantages and achieve steady business growth [1] - The positive effects of these initiatives are reflected in the financial data, indicating robust performance in a competitive market [1]

Financial Performance - Revenue for the six months ended June 30, 2025, reached approximately $1,360,302,000, an increase of about 132.2% compared to $585,934,000 for the same period in 2024[2] - Net profit attributable to equity shareholders for the six months ended June 30, 2025, was approximately $67,398,000, compared to $16,039,000 for the same period in 2024[2] - Basic earnings per share for the six months ended June 30, 2025, was $0.078, up from $0.019 for the same period in 2024[4] - Operating profit for the six months ended June 30, 2025, was $94,703,000, compared to $25,476,000 for the same period in 2024[4] - Total comprehensive income for the six months ended June 30, 2025, was $71,431,000, compared to $11,895,000 for the same period in 2024[5] - The company reported a gross profit of $155,677,000 for the six months ended June 30, 2025, compared to $71,534,000 for the same period in 2024[4] - For the six months ended June 30, 2025, the company reported revenue of HKD 3,268,626,000, a significant increase from HKD 1,143,055,000 for the same period in 2024, representing a growth of approximately 186.5%[16] - The gross profit for the same period was HKD 357,043,000, compared to HKD 148,447,000 in 2024, indicating a growth of about 140.5%[16] Financial Position - Cash and cash equivalents as of June 30, 2025, amounted to $403,974,000, compared to $113,349,000 as of December 31, 2024[6] - Current liabilities as of June 30, 2025, were $673,719,000, down from $764,777,000 as of December 31, 2024[6] - Total assets less current liabilities as of June 30, 2025, were $762,951,000, compared to $677,777,000 as of December 31, 2024[7] - The company’s equity attributable to equity shareholders increased to $593,235,000 as of June 30, 2025, from $516,533,000 as of December 31, 2024[7] - Trade receivables (net of loss provisions) as of June 30, 2025, amounted to $312.7 million, down from $405.3 million as of December 31, 2024, indicating a decrease of 22.8%[27] - Trade payables as of June 30, 2025, totaled $341.6 million, a decrease from $477.1 million as of December 31, 2024, reflecting a decline of 28.4%[28] - As of June 30, 2025, the total assets of the group were approximately $1,436.7 million, with net current assets of about $360.8 million, and total equity of approximately $600.4 million[39] - The group maintained a strong financial position with approximately $404.0 million in cash and cash equivalents as of June 30, 2025[39] Market and Customer Insights - The largest customer accounted for 98.1% of total revenue in the first half of 2025, up from 93.5% in 2024, with sales to this customer amounting to HKD 1,334,437,000[14] - Revenue from the People's Republic of China (including Hong Kong) reached HKD 1,230,772,000, a substantial increase from HKD 502,951,000 in 2024, reflecting a growth of approximately 144.5%[15] - The global LiDAR market is projected to grow at a compound annual growth rate (CAGR) of 14.7%, reaching $3.795 billion by 2031, indicating significant market opportunities for the company[36] Strategic Initiatives - The company plans to enhance its research and development investments to drive new product mass production and supply chain optimization, aiming to strengthen its competitive advantage in the global market[34] - The integration of AI technology is expected to significantly impact the company's future development, improving quality control and product performance in precision optical modules[35] - The company aims to capture more opportunities in the emerging MicroLED market as the technology matures[37] - The group plans to enhance existing customer collaborations and expand new customer segments while optimizing internal efficiency[38] - The company plans to continue investing in R&D resources and market development to create maximum value for shareholders[38] Shareholder Information - The company has not declared any interim dividends for the reporting period, consistent with the previous period[29] - No interim dividend was recommended for the reporting period to ensure continued leadership in the optical field[46] - The company has 13,220,000 unexercised share awards as of June 30, 2025, with no new awards granted during the reporting period[30] - The company purchased 2,000,000 ordinary shares at a total cost of approximately HKD 38.2 million (approximately USD 4.9 million) under the share award plan[31] - The company has terminated the previous share option plan and adopted a new share option plan, with 672,000 options exercised during the reporting period[44] Operational Insights - Capital expenditures during the reporting period amounted to approximately $44.4 million, primarily for purchasing additional equipment to produce more precise flip-chip camera modules[41] - The total employee cost during the reporting period was approximately $61.8 million, with the workforce increasing to about 6,728 employees as of June 30, 2025[43] Corporate Governance - The board of directors consists of executive directors Meng Yan and Wu Yingzheng, non-executive directors Chen Hanyong and Yang Lixian, and independent non-executive directors Su Yanzhen, Cai Zhenlong, and Liu Xia[53] - No significant events affecting the company or its subsidiaries have occurred since the end of the reporting period up to the announcement date[52] - The mid-term performance announcement for 2025 will be published on the company's website and the Hong Kong Stock Exchange website[53] - The mid-term report for the reporting period will be sent to shareholders at an appropriate time and will be available for viewing on the aforementioned websites[53]

Core Viewpoint - The Hong Kong stock market saw significant gains in Apple-related stocks, indicating positive market sentiment towards these companies [1] Group 1: Stock Performance - Sunny Optical Technology (舜宇) surged over 9% [1] - Lens Technology (蓝思科技) increased by more than 3% [1] - AAC Technologies (瑞声科技) and Q Tech (丘钛科技) both rose over 2% [1] - Dongjiang Environmental (东江集团) and GoerTek (高伟电子) experienced nearly 2% growth [1]

Core Viewpoint - Apple is entering mass production of the iPhone 17, with significant upgrades expected in various components, which may enhance its market value and sales potential [1][3]. Group 1: Product Launch and Features - The iPhone 17 series is expected to be officially announced on September 9, with pre-orders starting on September 12 and sales commencing on September 19 [1]. - The iPhone 17 lineup will include the iPhone 17 Air, iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max, replacing the Plus model with the Air variant [1]. - The flagship iPhone 17 Pro will feature seven core upgrades, including the new A19 Pro chip, enhanced camera systems, and increased RAM to 12GB, which is a 50% increase from the previous model [2]. Group 2: Pricing and Market Expectations - The iPhone 17 series is expected to see an overall price increase of approximately $50 compared to the previous generation, with the iPhone 17 Pro starting at $1,049 and the Pro Max at around $1,249 [3]. - Analysts predict that if the iPhone 17 series performs well at launch, the total iPhone shipments could reach 78 million units during the 2025 shopping season [3]. Group 3: Related Companies and Supply Chain - BOE Technology Group (京东方精电) has entered the iPhone 17 Pro supply chain, exclusively providing OLED panels for the Chinese market, with an annual capacity of 100 million units [4]. - GoerTek (高伟电子) is a key supplier for Apple, providing front camera modules for iPhones and iPads, with over 90% of its revenue coming from Apple [4]. - BYD Electronics (比亚迪电子) is a leading high-end manufacturing company providing casings and assembly services for Apple products [4]. - Lens Technology (蓝思科技) is a major supplier of glass covers and metal casings for Apple, benefiting from increased average selling prices and market share expansion [4]. - AAC Technologies (瑞声科技) will supply thermal management modules for the iPhone 17 Pro series, enhancing heat dissipation performance [4]. - Hon Teng Precision (鸿腾精密), a subsidiary of Foxconn, is an important part of Apple's supply chain, providing connectors and charging modules, and has also entered the AirPods assembly business [4].