Financial Performance - The basic earnings per share decreased by 12.5% from 0.1600 yuan in 2023 to 0.1400 yuan in 2024 [1] - The total revenue increased by 18.27%, rising from 9.25 billion yuan in 2023 to 10.94 billion yuan in 2024 [1] - The net profit decreased by 10.26%, from 0.39 billion yuan in 2023 to 0.35 billion yuan in 2024 [1] - The return on equity fell by 14.92%, from 6.77% in 2023 to 5.76% in 2024 [1] - The net asset per share increased by 4.08%, from 2.45 yuan in 2023 to 2.55 yuan in 2024 [1] - The undistributed profits per share increased by 7.89%, from 1.14 yuan in 2023 to 1.23 yuan in 2024 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 80.9689 million shares, accounting for 33.74% of the circulating shares, with an increase of 4.5409 million shares compared to the previous period [1] - Shanghai Kaikai (Group) Co., Ltd. remains the largest shareholder with 64.4098 million shares, representing 26.84% of the total share capital [2] - New entrants among the top shareholders include Zhao Liqian, Sun Chengyuan, and Zhao Guohua, holding 2.3962 million shares, 2.2533 million shares, and 1.6120 million shares respectively [2] - Goldman Sachs LLC and other shareholders have exited the top ten list [2] Dividend Distribution - The company announced a dividend distribution of 0.44 yuan per share (including tax) [3]

Financial Performance - The company reported a basic earnings per share of 0.1500 yuan for 2024, a significant increase of 123.08% compared to -0.6500 yuan in 2023 [1] - The total revenue for 2024 reached 3.75 billion yuan, marking a substantial increase of 435.71% from 0.7 billion yuan in 2023 [1] - The net profit for 2024 was 0.4 billion yuan, a turnaround from a loss of -1.71 billion yuan in 2023, reflecting a growth of 123.39% [1] - The return on equity (ROE) improved to 8.90% in 2024 from -33.18% in 2023, indicating a significant recovery in profitability [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 14,567.94 million shares, accounting for 55.49% of the circulating shares, with no change from the previous period [1] - Shenzhen Kexin Industrial Holding Co., Ltd. is the largest shareholder, holding 4,694.90 million shares, which represents 17.88% of the total share capital [2] - Other notable shareholders include Shenzhen Paide Yisheng Investment Partnership and Wang Peng, holding 2,716.46 million shares (10.35%) and 1,312.60 million shares (5.00%) respectively, with no changes in their holdings [2] Dividend Policy - The company has announced that there will be no distribution or capital increase in the current period [3]

Financial Data and Indicators - The basic earnings per share for Q1 2025 remained unchanged at 0.1200 CNY compared to Q1 2024 [1] - The net asset per share decreased by 24.13% to 6.79 CNY from 8.95 CNY in Q1 2024 [1] - The retained earnings per share fell by 14.42% to 2.67 CNY from 3.12 CNY in Q1 2024 [1] - The operating revenue increased by 13.33% to 1.87 billion CNY from 1.65 billion CNY in Q1 2024 [1] - The net profit remained stable at 0.23 billion CNY compared to Q1 2024 [1] - The return on equity decreased by 5.29% to 1.79% from 1.89% in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 12,706.66 million shares, accounting for 67.19% of the circulating shares, with an increase of 854.7 thousand shares from the previous period [2] - Liu Qinghua remains the largest shareholder with 11,017.38 million shares, representing 58.26% of the total share capital [2] - New entrants to the top ten shareholders include Lü Feiyan and UBS AG, while He Jiang and Ping An Trust have exited [2] Dividend Distribution - The company has decided not to distribute dividends or transfer shares this time [3]

Financial Performance - The company reported a basic earnings per share of 0.0441 yuan for Q1 2025, representing a 2.32% increase compared to 0.0431 yuan in Q1 2024 and a significant increase from 0.0148 yuan in Q1 2023 [1] - The net profit for Q1 2025 remained stable at 0.15 billion yuan, unchanged from Q1 2024, but up from 0.05 billion yuan in Q1 2023 [1] - The total operating revenue for Q1 2025 was 8.37 billion yuan, reflecting a 2.2% increase from 8.19 billion yuan in Q1 2024, but a decrease from 8.71 billion yuan in Q1 2023 [1] - The return on equity (ROE) for Q1 2025 was 0.79%, slightly down from 0.81% in Q1 2024 and significantly up from 0.29% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 22,277.32 million shares, accounting for 65.67% of the circulating shares, with a decrease of 851,900 shares compared to the previous period [1] - Hebei Jinxie Steel Group Co., Ltd. remains the largest shareholder with 9,411.11 million shares, representing 27.75% of the total share capital, with no change in holdings [2] - Liu Feng and Tianjin Anse Asset Management Co., Ltd. also maintained their positions with 5,376.30 million shares (15.85%) and 4,324.02 million shares (12.75%) respectively [2] - New entrant Huang Xingfeng holds 678.28 million shares (2.00%), while Liu Yanhua has reduced holdings by 678.28 million shares [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

Financial Performance - The company's basic earnings per share for Q1 2025 is CNY 0.0400, a decrease of 33.33% compared to Q1 2024's CNY 0.0600 and a decline from CNY 0.0900 in Q1 2023 [1] - The total revenue for Q1 2025 is CNY 7.41 billion, representing a 4.37% increase from CNY 7.1 billion in Q1 2024 and an increase from CNY 5.31 billion in Q1 2023 [1] - The net profit for Q1 2025 is CNY 0.12 billion, down 29.41% from CNY 0.17 billion in Q1 2024 and a decrease from CNY 0.25 billion in Q1 2023 [1] - The return on equity for Q1 2025 is 0.70%, a decline of 30.69% from 1.01% in Q1 2024 and a decrease from 1.55% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 85.1824 million shares, accounting for 45.03% of the circulating shares, with an increase of 381.7 thousand shares compared to the previous period [1] - The largest shareholder, 霍润, holds 21.9028 million shares, representing 11.58% of the total share capital, with no change in holdings [2] - 李建湘, the second-largest shareholder, has reduced holdings by 271.64 thousand shares, now holding 21.3173 million shares, which is 11.27% of the total [2] - 新进 shareholders include 香港中央结算有限公司 and 高盛公司有限责任公司, holding 3.95% and 1.30% of the total shares respectively [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

Financial Performance - The company reported a basic earnings per share (EPS) of 0.0300 yuan for 2024, unchanged from 2023 [1] - The net profit for 2024 was 0.34 billion yuan, reflecting a 9.68% increase from 0.31 billion yuan in 2023 [1] - Operating revenue increased to 187.47 billion yuan in 2024, a growth of 10.08% compared to 170.31 billion yuan in 2023 [1] - The return on equity (ROE) improved to 0.55% in 2024 from 0.50% in 2023, marking a 10% increase [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 38,905.07 million shares, accounting for 36.24% of the circulating shares, a decrease of 7,038.83 million shares from the previous period [1] - Shanghai Electric Group Co., Ltd. remains the largest shareholder with 28,343.33 million shares, representing 26.41% of total share capital, unchanged from the previous report [2] - Guotai Junan Securities (Hong Kong) Limited reduced its holdings by 29.68%, now holding 2,800.63 million shares [2] - Zhuhai Gree Electric Appliances, Inc. decreased its holdings significantly by 6,398.69 million shares, now holding 2,623.63 million shares [2] Dividend Distribution - The company announced a dividend distribution of 0.13 yuan per share (including tax) [3]

Core Insights - The company reported a significant decline in key financial metrics for Q1 2025 compared to the same period in 2024, with a net profit of -1.79 billion yuan, representing a 161.72% decrease [1] - The basic earnings per share dropped to -0.0400 yuan, a 300% decline from the previous year [1] - The total revenue for Q1 2025 was 403.16 billion yuan, down 46.06% from 747.37 billion yuan in Q1 2024 [1] Financial Performance - Basic Earnings Per Share: -0.0400 yuan in Q1 2025 compared to 0.0200 yuan in Q1 2024, a decrease of 300% [1] - Net Profit: -1.79 billion yuan in Q1 2025, down from 2.9 billion yuan in Q1 2024, a decline of 161.72% [1] - Revenue: 403.16 billion yuan in Q1 2025, a decrease of 46.06% from 747.37 billion yuan in Q1 2024 [1] - Return on Equity: -1.01% in Q1 2025, down from 0.56% in Q1 2024, a decline of 280.36% [1] Shareholder Information - The top ten unrestricted shareholders hold a total of 461,270.37 million shares, accounting for 51.91% of the circulating shares, with an increase of 1,562.19 million shares from the previous period [1] - Shanghai Construction Group holds 268,867.05 million shares, representing 30.26% of total share capital, unchanged from the previous period [2] - Shanghai Guosheng Group reduced its holdings by 220.00 million shares, now holding 132,351.97 million shares, which is 14.89% of total share capital [2] Dividend Distribution - The company has announced that there will be no distribution or transfer of dividends this time [3]

Financial Performance - The company reported a basic earnings per share of 0.5500 yuan for 2024, an increase of 27.91% compared to 0.4300 yuan in 2023 [1] - The net profit for 2024 was 2.4 billion yuan, reflecting a 26.32% increase from 1.9 billion yuan in 2023 [1] - Operating revenue reached 34.93 billion yuan, up 7.74% from 32.42 billion yuan in the previous year [1] - The return on equity (ROE) improved to 13.98% in 2024 from 12.32% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 31,984.59 million shares, accounting for 71.26% of the circulating shares, with an increase of 1,646.22 million shares compared to the previous period [1] - Shanghai Libote Investment Co., Ltd. remains the largest shareholder with 18,345.47 million shares, representing 40.85% of the total share capital [2] - The National Social Security Fund's 503 portfolio is a new entrant among the top shareholders, holding 1,976.87 million shares, or 4.40% [2] Dividend Distribution - The company announced a dividend distribution plan of 1.13 yuan per share (including tax) [3]

Financial Performance - The company reported a basic earnings per share of -0.0391 yuan for Q1 2025, an improvement of 13.3% compared to -0.0451 yuan in Q1 2024 [1] - The net profit for Q1 2025 was -0.5 billion yuan, showing a 15.25% improvement from -0.59 billion yuan in Q1 2024 [1] - Operating revenue increased by 16.54% to 4.51 billion yuan in Q1 2025, compared to 3.87 billion yuan in Q1 2024 [1] - The return on equity decreased to -6.54% in Q1 2025 from -5.16% in Q1 2024, reflecting a decline of 26.74% [1] Shareholder Information - The top ten unrestricted shareholders collectively hold 47,399.74 million shares, accounting for 36.52% of the circulating shares, with an increase of 323.91 million shares compared to the previous period [2] - The largest shareholder, 泰兴市智成产业投资基金(有限合伙), holds 24,922.13 million shares, representing 19.20% of the total share capital, with an increase of 540.20 million shares [3] - The previous top shareholder, 苏州天琛投资管理有限公司-天琛祖博1号私募证券投资基金, has exited the top ten shareholders list [3] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [4]

Financial Performance - The company reported a basic earnings per share of -0.7000 yuan for 2024, an improvement of 70.71% compared to -2.3900 yuan in 2023 [1] - The net profit for 2024 was -1.92 billion yuan, showing a 63.01% improvement from -5.19 billion yuan in 2023 [1] - Operating revenue decreased by 29.91% to 21.23 billion yuan in 2024 from 30.29 billion yuan in 2023 [1] - The return on equity was -114.48% in 2024, an improvement from -193.36% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 21.47 million shares, accounting for 11.97% of the circulating shares, with a change of 88,200 shares from the previous period [2] - The largest shareholder, Zhuzhou High-tech Group Co., Ltd., holds 10.53 million shares, representing 5.87% of the total share capital, with no change [3] - New entrants among the top shareholders include Gu Yanli and Wang Yulin, while Dong Xuehui and Tang Fen have exited the top ten shareholders list [3] Dividend Distribution - The company has announced no distribution or capital increase for dividends [4]