Jing Ji Guan Cha Wang·2026-02-21 05:34Financial Performance - In 2025, the company's net asset per share exceeded 30 yuan for the first time, reaching 31.29 yuan, showing significant year-on-year growth [1] - The company achieved a net profit of 4.105 billion yuan in 2025, representing a year-on-year increase of 10.88%, indicating strong asset accumulation and profitability [1] - The company's price-to-book ratio is approximately 1.85 times, which is considered reasonable based on the latest A-share data [1] Stock Market Activity - On February 20, 2026, the company repurchased approximately 11,000 shares in the Hong Kong stock market for about 470,000 Hong Kong dollars, with a repurchase price range of 42.52 to 43.02 Hong Kong dollars per share [2] - The repurchase action is often viewed as a recognition of the current stock price by the company, which may boost market sentiment in the short term [2] - The closing price on February 20 was 42.52 Hong Kong dollars, reflecting a decline of 1.85% on that day [2]