Core Insights - Weisheng Holdings (03393.HK) reported a revenue of 4.39 billion yuan for the mid-year of 2025, representing a year-on-year growth of 17% [1] - The company's net profit reached 440 million yuan, an increase of 33% compared to the same period last year [1] Revenue Breakdown - The smart power distribution system and solutions business saw a significant increase in overseas bidding amounts, growing by 706% to 479 million yuan [1] - The electric AMI (Advanced Metering Infrastructure) business recorded a revenue of 1.88 billion yuan, marking a year-on-year growth of 30% [1] - The communication and fluid AMI business achieved a revenue of 1.299 billion yuan, reflecting a year-on-year increase of 13% [1]

威胜控股公布2025年上半年业绩。集团三大主要业务共录得营业额人民币43.90亿元，同比增加17%。 毛利录得人民币15.42亿元，同比上升16%。整体毛利率为35.13%，较去年同期下降0.36个百分点。公司 拥有人应占纯利录得人民币4.40亿元，同比上升33%。 具体业务方面，电AMI业务收入增至人民币18.84亿元，同比增加30%；通信及流体AMI业务收入增至人 民币12.99亿元，同比增加13%；ADO业务收入增至人民币12.08亿元，同比增加6%。 ...

Group 1 - The core viewpoint of the article is that 威胜控股 (03393.HK) reported a significant increase in its mid-year performance for 2025, with revenue reaching RMB 4.39 billion, representing a year-on-year growth of 17.34% [1] - The company's profit attributable to shareholders increased to RMB 440 million, marking a year-on-year rise of 32.81% [1] - The basic earnings per share for the company stood at 44.5 cents [1]

Core Viewpoint - Weisheng Holdings (03393) reported a significant increase in revenue and profit for the first half of 2025, indicating strong business performance and growth potential [1] Financial Performance - The company achieved a revenue of RMB 4.39 billion, representing a year-on-year increase of 17.34% [1] - The profit attributable to the parent company was RMB 440 million, which is a year-on-year increase of 32.81% [1] - Basic earnings per share were reported at 44.5 cents [1] Business Segment Performance - Revenue from the electric AMI business rose to RMB 1.884 billion, a 30% increase compared to the same period in 2024 [1] - Revenue from the communication and fluid AMI business increased to RMB 1.299 billion, reflecting a 13% growth year-on-year [1] - Revenue from the ADO business reached RMB 1.208 billion, marking a 6% increase compared to 2024 [1]

Group 1 - The core viewpoint of the article is that 威胜控股 (03393) reported a significant increase in its mid-year performance for 2025, with notable growth in revenue and profit [1] - The company's total revenue reached RMB 4.39 billion, representing a year-on-year increase of 17.34% [1] - The profit attributable to the company's shareholders was RMB 440 million, which is a year-on-year increase of 32.81% [1] - The basic earnings per share were reported at 44.5 cents [1] Group 2 - The revenue from the electric AMI business increased to RMB 1.884 billion, a 30% increase compared to the same period in 2024 [1] - The revenue from the communication and fluid AMI business rose to RMB 1.299 billion, reflecting a 13% increase year-on-year [1] - The revenue from the ADO business grew to RMB 1.208 billion, marking a 6% increase compared to 2024 [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Weisheng Holdings (03393.HK) for the first half of 2025, showing significant growth in revenue and profit metrics [1] - The total revenue for the group reached RMB 4.39 billion, representing a year-on-year increase of 17% [1] - Gross profit amounted to RMB 1.54 billion, up 16% compared to the same period last year, with an overall gross margin of 35.13%, a slight decrease of 0.36 percentage points year-on-year [1] - The net profit attributable to shareholders was RMB 440 million, reflecting a substantial year-on-year increase of 33% [1] Group 2 - The revenue from the electric AMI business rose to RMB 1.88 billion, marking a 30% increase compared to the same period in 2024 [1] - Revenue from the communication and fluid AMI business increased to RMB 1.30 billion, a 13% rise year-on-year [1] - The ADO business generated revenue of RMB 1.21 billion, which is a 6% increase compared to the previous year [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份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。 （於開曼群島註冊成立之有限公司） （股份代號︰3393） 截至二零二五年六月三十日止六個月的中期業績公告 財務摘要 – 1 – • 營業額為人民幣4,390.41百萬元（二零二四年同期：人民幣3,741.54百萬元），增幅為17%。 • 電AMI業務的收入增至人民幣1,883.57百萬元，較二零二四年同期增加30%。 • 通信及流體AMI業務的收入增至人民幣1,298.50百萬元，較二零二四年同期增加13%。 • ADO業務的收入增至人民幣1,208.34百萬元，較二零二四年同期增加6%。 • 期內本公司擁有人應佔純利增加33%至人民幣439.65百 萬 元（二 零 二 四年同期：人民幣 331.03百萬元）。 • 期內每股基本盈利為人民幣44.5分（二零二四年同期：人民幣33.5分）。 • 董事會不建議就截至二零二五年六月三十日止六個月派付中期股息（二零二四年同期： 無）。 威勝控股有限公司（「本公司 ...

Group 1: National Grid Developments - The National Grid announced the commissioning of the Ningxia-Hunan ±800 kV UHVDC project, which is China's first UHV transmission channel primarily for renewable energy from the "Shagehuang" wind and solar base, enhancing clean energy distribution and power supply security [1] - The Shaanxi-Anhui ±800 kV UHVDC project is currently in the installation phase of core equipment, with a planned completion date in the first half of 2026 [1] - Since the beginning of the 14th Five-Year Plan, the National Grid has completed over 18,000 kilometers of UHV projects, with a total of 41 projects in operation, increasing cross-regional transmission capacity to over 350 million kW, a 30% increase from the end of the 13th Five-Year Plan [1] Group 2: Investment Insights - Guojin Securities reported that the total investment for the Yarlung Tsangpo River downstream hydropower project in Tibet is 1.2 trillion yuan, with an installed capacity exceeding 60 GW and an expected annual generation of 3,000 billion kWh, which will significantly boost demand for UHV and GIL equipment [2] - Huatai Securities noted that from January to May this year, the total investment in China's power grid reached 204 billion yuan, a 19.8% increase year-on-year, with strong demand for main network bidding [2] - The recent acceleration in UHV construction and the approval of two new DC lines are expected to support the performance growth of companies in the sector, with a projected increase in market share under the new procurement model [2] Group 3: Company-Specific Developments - Saijing Technology announced a total procurement agreement worth 624 million yuan for power electronic devices to be used in the Gansu-Zhejiang ±800 kV UHVDC project, indicating strong demand for UHV technology [3] - The company also signed a contract worth approximately 479 million yuan for power electronic devices for a project in Saudi Arabia, showcasing its international market expansion efforts [3] - Weisheng Holdings reported a 50% year-on-year increase in overseas market revenue, reaching 2.397 billion yuan, which now accounts for 27% of total revenue, reflecting a balanced global market presence [4]

Core Viewpoint - Wasion Holdings has secured three overseas contracts in 2023, enhancing its international presence and brand recognition in the smart meter market [1][2] Group 1: Contract Details - Wasion Mexico signed a smart meter supply agreement with the Mexican Federal Electricity Commission (CFE) valued at over 238 million RMB, contributing to a total of approximately 791 million RMB in contracts won in Mexico by 2025 [1] - Wasion Tanzania won a smart meter contract worth about 61 million RMB from the Tanzania Electric Supply Company (Tanesco) [1] - The total value of the three contracts amounts to over 852 million RMB, indicating significant growth in overseas markets [2] Group 2: Market Position and Strategy - CFE is the dominant player in Mexico's electricity sector, serving around 50 million users, while Tanesco is the sole state-owned power company in Tanzania, serving approximately 15 million users [2] - Wasion Holdings aims to establish Tanzania as its business hub in East Africa, with plans to expand into Uganda, Kenya, and Mozambique [1][2] - The company is focused on maintaining a stable order flow for smart meters in Africa and is also exploring new projects in energy storage [2] Group 3: Company Overview - Wasion Holdings is a leading domestic energy measurement and efficiency management enterprise, offering solutions in smart metering, communication, and fluid measurement [1] - The company has a significant market share in China and exports its products to various regions, including Asia, Africa, and Europe [1]

格隆汇8月11日丨威胜控股(03393.HK)宣布，公司将于2025年8月26日(星期二)举行董事会会议，藉以(其 中包括)考虑及批准公司及其附属公司截至2025年6月30日止六个月的未经审核中期业绩及其发布。 ...