Core Insights - Kyivstar will host an investor meeting on August 28, 2025, to discuss strategic initiatives, financial performance, and market outlook [1][2] - The meeting will include presentations from senior management and a Q&A session with investors [2] Event Details - Date: August 28, 2025 [3] - Time: 10:00 AM – 11:30 AM Eastern Time [3] - Location: Virtual meeting accessible via a provided link [3] Company Overview - Kyivstar serves nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers as of June 30, 2025 [4] - The company offers a range of services including 4G, big data, cloud solutions, cybersecurity, and digital TV [4] - Kyivstar and VEON plan to invest USD 1 billion in Ukraine from 2023 to 2027 for infrastructure, technological development, and strategic acquisitions [4] - Kyivstar is the first Ukrainian investment opportunity listed on U.S. stock exchanges [4] VEON Overview - VEON provides connectivity and digital services to nearly 160 million customers across five countries [5] - The company is focused on technology-driven services that empower individuals and drive economic growth [5]

Core Viewpoint - The appointment of Zhang Zhigang as Vice General Manager of Suochen Technology signifies a strategic internal promotion aimed at stabilizing the R&D system amid high valuations and ongoing losses, while also reflecting the company's commitment to technology-driven growth [2][8]. Group 1: Management Changes - Zhang Zhigang's promotion from Assistant President to Vice General Manager indicates a shift towards integrating core technical personnel into decision-making roles, contrasting with the common practice of hiring external executives in A-share companies [2]. - The company aims to convey confidence to the capital market by promoting a technical leader during a critical transition from "technical accumulation" to "commercial implementation" [2][8]. Group 2: Financial Performance - As of August 27, the company's stock price reached 106.65 yuan per share, reflecting a year-to-date increase of 95.46%, with a total market capitalization of 9.503 billion yuan, indicating heightened market expectations for growth [2]. - For the first half of 2025, Suochen Technology reported revenue of 57.35 million yuan, a year-on-year increase of 10.82%, while the net loss attributable to shareholders narrowed to 45.70 million yuan from 66.43 million yuan in the previous year [6][7]. Group 3: Compensation and Incentives - Zhang Zhigang's salary decreased from 1 million yuan in 2023 to 710,000 yuan in 2024, a drop of over 25%, which is unusual in the A-share market and may reflect a shift towards performance-based incentives [3][4]. - The company has proposed a cash dividend of 1.9 yuan per 10 shares, totaling 16.79 million yuan, despite not yet achieving profitability, which raises concerns about the impact on R&D funding and financial management [7][8]. Group 4: Market Expectations and Challenges - The market is closely monitoring whether Zhang Zhigang's salary will return to a normal range for management and how the balance between management compensation and investor returns will be maintained if profitability does not improve [5]. - The company faces the challenge of balancing high R&D investments with profitability, as the market's high expectations necessitate convincing performance outcomes [8].