SMIC(SH:688981) Di Yi Cai Jing·2025-03-28 00:21Group 1: Employment and Economic Policies - The Chinese government has released a plan to support employment and entrepreneurship for key groups, focusing on seven areas to expand job opportunities [4] - The plan includes measures to enhance support for key groups in employment and entrepreneurship, such as reducing burdens on businesses and promoting vocational training [4] Group 2: Stock Market Performance - U.S. stock indices collectively declined, with the Nasdaq down 0.53%, Dow Jones down 0.37%, and S&P 500 down 0.33% [3] - Major tech stocks showed mixed results, with Nvidia dropping over 2% and Apple rising over 1% [3] - The Nasdaq China Golden Dragon Index increased by 1.39%, with notable gains in several Chinese concept stocks [3] Group 3: Company Financials - Semiconductor company SMIC reported a net profit of 3.699 billion yuan for 2024, a decrease of 23.3% year-on-year, and plans not to distribute dividends [8] - Allwinner Technology announced a net profit of 167 million yuan for 2024, a significant increase of 626% year-on-year, and plans to distribute cash dividends [9] - China Pacific Insurance reported a net profit of 57.82 billion yuan for 2024, an increase of 83.8% year-on-year, with plans for dividend distribution [12] - G-bits reported a net profit of 945 million yuan for 2024, a decrease of 16% year-on-year, and plans to distribute cash dividends [13] - Blueway Technology reported a net profit of 3.624 billion yuan for 2024, an increase of 19.94% year-on-year, with plans for dividend distribution [15]