Core Viewpoint - Dali Pu Holdings (01921) expects a significant reduction in net loss for the six months ending June 30, 2025, with a decrease of over 70% compared to the previous year, driven by operational improvements and product restructuring [1] Company Summary - As of the latest report, Dali Pu Holdings' stock rose by 3.36% to HKD 5.54, with a trading volume of HKD 17.63 million [1] - The company reported an unaudited net loss of RMB 69.8 million for the six months ending June 30, 2024 [1] - The operational subsidiary, Dali Pu Special Pipe Co., Ltd., has successfully turned profitable due to significant adjustments in product structure [1] Industry Summary - The primary reasons for the expected loss in the first half of 2025 include initial investments in the Saudi project, which is anticipated to have a positive long-term impact on the company's revenue [1] - The domestic energy equipment industry is undergoing transformation, with supply and demand in a cyclical adjustment phase, leading to intense competition and limited profit margins [1] - The company is optimistic about enhancing its competitiveness through the gradual production ramp-up of a new smart production line in Cangzhou, China, and ongoing optimization of product and market structures [1]

Group 1 - The core viewpoint of the article is that Dali Pu Holdings (01921) has seen a significant reduction in net losses, with an expected decrease of over 70% for the six months ending June 30, 2025, compared to a net loss of RMB 69.8 million for the same period ending June 30, 2024 [1] - The company’s subsidiary, Dali Pu Special Pipe Co., Ltd., has successfully adjusted its product structure, leading to operational advantages and a turnaround to profitability [1] - The primary reasons for the losses in the first half of 2025 include initial investments in the Saudi project and intense competition in the domestic energy equipment industry, which is undergoing transformation and cyclical adjustments [1] Group 2 - The Saudi project is expected to have a very positive impact on the company's long-term earnings, although it has affected current earnings [1] - The overall profit margins in the industry remain constrained due to fierce competition, which has resulted in lower operating profits for Dali Pu Special Pipe [1] - The company is optimistic about future competitiveness as it gradually ramps up production on a new smart production line in Cangzhou, China, and continues to optimize its product and market structure [1]

Group 1 - InnoCare (02577.HK) has partnered with NVIDIA to promote the large-scale implementation of the 800 VDC power architecture in AI data centers, which is designed for efficient power supply in megawatt-level computing infrastructure [1] - The 800 VDC system offers significant advantages over traditional 54V systems in terms of efficiency, thermal loss, and reliability, enabling a 100-1000 times increase in AI computing power [1] - The company's third-generation GaN devices provide a comprehensive power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V [1] Group 2 - China Ruyi (00136.HK) received a strategic investment of HKD 3.9 billion from Wuji Capital to accelerate business expansion and acquisition plans [2] - LEPU Biopharma-B (02157.HK) has authorized T-cell connector technology with an upfront payment of USD 10 million and potential milestone payments of up to USD 850 million [2] - Sinopec Engineering (02386.HK) signed a front-end engineering design (FEED) contract for a large green hydrogen project in Yanbu, Saudi Arabia [2] Group 3 - Geely Automobile (00175.HK) reported total vehicle sales of 237,700 units in July, a year-on-year increase of 58% [3] - Great Wall Motors (02333.HK) achieved approximately 104,372 vehicle sales in July, reflecting a year-on-year growth of 14.34% [3] - NIO-SW (09866.HK) delivered 21,017 vehicles in July [3]

Core Viewpoint - Dali Pu Holdings (01921.HK) expects a significant reduction of over 70% in net loss for the six months ending June 30, 2025, compared to a net loss of RMB 69.8 million for the six months ending June 30, 2024 [1] Company Summary - The operational subsidiary, Dali Pu Special Pipe Co., Ltd., has successfully adjusted its product structure, resulting in a turnaround to profitability [1] - The anticipated net loss for the first half of 2025 is attributed to two main factors: 1. Initial investments in the Saudi project, which are expected to positively impact long-term earnings but have affected current earnings [1] 2. Intense competition within the domestic energy equipment industry, which is undergoing transformation and cyclical adjustments, limiting overall profit margins and leading to lower operating profits for Dali Pu Special Pipe [1] - The company is optimistic about future competitiveness as it gradually ramps up production from a new smart production line in Cangzhou, China, and continues to optimize its product and market structure [1] Industry Summary - The domestic energy equipment industry is currently experiencing a phase of transformation and cyclical adjustment, characterized by intense competition and constrained profit margins [1] - The overall industry dynamics are impacting the profitability of companies within the sector, including Dali Pu Holdings [1]

Core Viewpoint - Dali Pu Holdings (01921.HK) anticipates a significant reduction of over 70% in net loss for the six months ending June 30, 2025, compared to the previous period [1] Financial Performance - The unaudited net loss for the six months ending June 30, 2024, was RMB 69.8 million [1] - The company’s subsidiary, Dali Pu Special Pipe Co., Ltd., has successfully turned around its operations by significantly adjusting its product structure [1]

2025年上半年本集团亏损主要原因如下：沙特项目前期投入：本集团积极推进沙特达曼生产基地项目的 深度落地，包括产能前期建设筹备、本地化合规等工作;沙特项目预期对本集团中长期收益产生非常正 面影响，但影响了一定当期收益。行业竞争比较激烈：国内能源装备行业转型变革，供需关係仍处于周 期性调整阶段，行业仍处于竞争比较激烈状态，行业整体利润空间受限，导致了达力普专用管经营利润 偏低。随着本集团在中国沧州新建智能生产线的逐步投入量产和对产品结构、市场结构的持续优化调 整，本集团竞争力将会继续提升，董事会对本集团未来充满信心。 达力普控股(01921)发布公告，预期本集团于截至2025年6月30日止(报告期内)6个月净亏损同比大幅收窄 超过70%(截至2024年6月30日止6个月未经审核净亏损为人民币6980万元);上半年，本集团营运主体全资 子公司达力普专用管有限公司(达力普专用管)大力调整产品结构带来运营优势，已取得扭亏为盈经营成 果。 ...

Group 1 - The company expects a significant reduction in net loss of over 70% for the six months ending June 30, 2025, compared to a net loss of RMB 69.8 million for the same period ending June 30, 2024 [1] - The operational subsidiary, Dali Pu Special Pipe Co., Ltd., has successfully adjusted its product structure, leading to a turnaround in its operating results [1] - The primary reasons for the company's losses in the first half of 2025 include upfront investments in the Saudi project and intense competition in the domestic energy equipment industry [1] Group 2 - The Saudi project is expected to have a very positive long-term impact on the company's earnings, although it has affected current earnings [1] - The domestic energy equipment industry is undergoing transformation and is still in a phase of cyclical adjustment, resulting in limited overall profit margins [1] - The company is optimistic about future competitiveness due to the gradual production ramp-up of a new smart production line in Cangzhou, China, and ongoing optimization of product and market structures [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的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 – 1 – Dalipal Holdings Limited 達力普控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：1921） 盈利警告 預期虧損同比大幅收窄 本公告由達力普控股有限公司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）根 據 香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條及香港法例 第571章證券及期貨條例第XIVA部之內幕消息條文（定 義 見 上 市 規 則）而 作 出。 本公司董事（「董 事」）會（「董事會」）謹此知會本公司股東（「股 東」）及 潛 在 投 資 者， 根據對本集團截至2025年6月30日 止（「報告期內」）六個月的未經審核綜合管理賬 目 的 初 步 評 估 及 董 事 會 目 前 可 得 的 資 料，預 期 本 集 團 於 報 ...

Group 1: Market Reactions - The announcement of a potential ceasefire between Israel and Iran led to a significant drop in oil prices, with WTI and Brent crude oil falling nearly 9% and over 7% respectively [1] - In the Asia-Pacific market, WTI crude futures initially dropped over 5%, and as of the report, both WTI and ICE Brent crude were down over 2% [1] - Gold prices also saw a decline of 0.3% amid the easing geopolitical tensions [1] Group 2: Stock Performance - Hong Kong oil and gas stocks experienced sharp declines, with Baikin Oil Services plunging nearly 30%, Shandong Molong down over 18%, and Sinopec Oilfield Services falling over 14% [2][3] - In the A-share market, oil and gas service stocks also faced significant losses, with companies like Beiken Energy and Zhun Oil shares hitting the daily limit down [4] Group 3: Geopolitical Context - Trump's unilateral announcement of a ceasefire was met with skepticism, as both Israel and Iran did not confirm the agreement, with Iran's foreign minister stating no ceasefire "agreement" had been reached [6][8] - The ongoing conflict continued despite the announcement, with reports of missile attacks from Iran towards Israel [6] - The situation in the Strait of Hormuz, a critical oil shipping route, was highlighted, with previous threats from Iran to close it, which could have led to oil prices soaring to $120-$130 per barrel [11]

港股油气设备股走强，山东墨龙(00568.HK)大涨50%，中石化油服(01033.HK)涨10%，达力普控股 (01921.HK)涨超7%。 ...