A-share announcement highlights | Performance increased by over 1600%, Sinomach Automobile (600335.SH) expected to exceed a profit of over 370 million yuan.

Focus today 1. Sinomach Automobile: Net profit is expected to be approximately 370 million to 440 million yuan in 2024, a year-on-year increase of approximately 1680% to 2016%. Sinomach Automobile announced that it expects to achieve a net profit attributable to the owners of the parent company of approximately 3.7 billion to 4.4 billion yuan in 2024, an increase of approximately 3.49 billion to 4.19 billion yuan compared to the same period last year, a year-on-year increase of approximately 1680% to 2016%. The main reasons are the company's continued steady operation, lean management, cost reduction and efficiency improvement, and enhanced risk control capabilities; and in the same period last year, the company made a significant impairment provision for risk events, which led to a low base for performance. 2. China Yangtze Power Performance Quick Report: Net profit in 2024 is 32.52 billion yuan, a year-on-year increase of 19.36%. China Yangtze Power released its 2024 annual performance quick report, with the total operating revenue of 84.198 billion yuan, a year-on-year increase of 7.75%; operating profit of 39.648 billion yuan, a year-on-year increase of 19.31%; total profit of 38.866 billion yuan, a year-on-year increase of 19.87%; net profit attributable to shareholders of the listed company of 32.52 billion yuan, a year-on-year increase of 19.36%. The basic earnings per share are 1.3291 yuan, a year-on-year increase of 19.36%. The weighted average return on net assets is 15.72%, an increase of 2.20 percentage points year-on-year. Total assets were 566.637 billion yuan, a year-on-year decrease of 1.10%; the owner's equity attributable to shareholders of the listed company was 211.152 billion yuan, a year-on-year increase of 4.81%. The share capital is 24.468 billion shares, and the net assets per share attributable to shareholders of the listed company is 8.63 yuan, a year-on-year increase of 4.81%. The increase in performance is mainly due to the increase in power generation of the company's six cascade power stations in 2024. 3. Suzhou Xingye Materials Technology, which has two consecutive trading limits: Special phenolic resin projects are in progress Suzhou Xingye Materials Technology announced that the closing price of the company's stock has deviated from the limit for three consecutive trading days, and the actual fluctuation range of the stock price is relatively large after excluding the overall market and sector factors. The company's current price-earnings ratio is higher than the average price-earnings ratio of the chemical raw materials and chemical products manufacturing industry. The company plans to invest in and build a project with an annual output of 200,000 tons of special phenolic resin in Taixing Economic Development Zone, Jiangsu Province. The investment amount is large, and there are many pre-approval procedures. It will undergo a long construction period from construction to final production. For detailed uncertainties and risk reminders, please refer to the announcement disclosed by the company on the website of the Shanghai Stock Exchange on April 15, 2021. Currently, the project is in progress, and the company will actively monitor the progress of relevant matters and fulfill its information disclosure obligations in a timely manner. 4. Boe Technology Group: Net profit is expected to be 5.2 billion to 5.5 billion yuan in 2024, a year-on-year increase of 104% to 116% BOE Technology Group Co., Ltd. issued a forecast of its 2024 annual performance, expecting a net profit attributable to the shareholders of the listed company of 5.2 billion to 5.5 billion yuan, an increase of 104% - 116% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be 3.5 billion to 3.8 billion yuan, compared to a loss of 63.256 million yuan in the same period last year. The expected basic earnings per share are 0.13 yuan / share-0.15 yuan / share, compared to 0.06 yuan / share in the same period last year. The company stated that it has continued to maintain its leading position in the semiconductor display field in the face of internal and external challenges, and its operating performance has doubled year-on-year. Both the LCD and flexible AMOLED businesses have achieved significant growth, and innovative business results have emerged. The company will work hard to promote high-quality development of the enterprise. The specific data is subject to audit results. 5. T&S Communications: Net profit in 2024 is expected to be 2.3 billion to 2.75 billion yuan, a year-on-year increase of 48.30% - 77.32% T&S Communications released its 2024 annual performance forecast, expecting a net profit attributable to shareholders of the listed company of 2.3 billion to 2.75 billion yuan, a year-on-year increase of 48.30% - 77.32%. During the reporting period, benefiting from advances in AI technology and increased demand for computing power, the global data center construction accelerated, and the company's demand for optical device products continued to grow, achieving a significant increase in revenue. At the same time, the company's advantages in manufacturing processes, delivery, and quality assurance in the field of dense connection products have also driven the improvement of its operating performance. In addition, the company expects that the impact of non-recurring gains and losses in 2024 on the net profit attributable to the shareholders of the listed company is approximately 15 million yuan. 6. China Vanke Co., Ltd.: "21 Vanke 02" will pay interest on January 22 China Vanke Co., Ltd. announced that "21 Vanke 02" will pay interest on January 22. 7. Rockchip Electronics: Net profit is expected to increase by 308% - 367% in 2024 Rockchip Electronics announced that it is expected to achieve total operating income of 3.1 billion to 3.15 billion yuan in 2024, a year-on-year increase of 45.23% to 47.57%; expected net profit of 550 million to 630 million yuan, a year-on-year increase of 307.75% to 367.06%. The company stated that the recovery of the global electronic market demand, the rapid development of AI technology, and the continuous expansion of application scenarios have driven the comprehensive growth of the company's AIoT industries. During the reporting period, the company achieved rapid growth in areas such as automotive electronics, machine vision, industrial and industrial applications. At the same time, the company will continue to leverage its core technologies, products, and scene advantages in AIoT, focusing on the development of automotive electronics products, industrial applications, machine vision, Siasun Robot&Automation, and other AIoT product lines. 8. Eastroc BeveragE: It is expected that the net profit in 2024 will be between 3.15 billion and 3.45 billion, a year-on-year growth of 54% to 69%.16. Eoptolink Technology Inc.: The expected profit for the year 2024 is between 28 billion and 30.5 billion, an increase of 307% to 343% year-on-year for the shareholders of the listed company.Growth of 311.87%-348.76%. The company stated that during the reporting period, benefited from continued growth in computing power investment and rapid increase in demand for high-speed products, it is expected that sales revenue and net profit will increase significantly compared to the same period last year. Additionally, interest income and exchange gains in this period have a positive impact on the company's profit level. It is estimated that the impact of non-recurring gains and losses on the company's net profit for this reporting period is approximately 9 million yuan. This performance forecast is the preliminary calculation result of the company's finance department and has not been audited by auditing institutions. Specific financial data will be detailed in the company's 2024 annual report.17Shenzhen Hans CNC Technology: Expected net profit for 2024 is expected to increase by 99%-136% year-on-year Shenzhen Hans CNC Technology announced that the expected net profit attributable to shareholders of the listed company for 2024 is 270 million to 320 million yuan, an increase of 99.19% to 136.08% year-on-year. The increase in company performance is mainly due to the recovery of the consumer electronics market, the upgrade of electronic technology in new energy vehicles, strong demand in the computing power industry chain including AI servers, continuous increase in the related electronic components market, significant increase in demand for PCB products, and an increase in downstream customers' capital expenditure. At the same time, the continuous improvement in the company's innovative product market competitiveness and the commencement of production by overseas customers have jointly promoted a significant growth in the company's sales performance. 18China Zhonghua Geotechnical Engineering Group: Expected net loss of 12.5 billion to 15.5 billion in 2024 China Zhonghua Geotechnical Engineering Group released its performance forecast for 2024, expecting a net loss of 12.5 billion to 15.5 billion yuan attributable to shareholders of the listed company, and a net loss of 12.3 billion to 15.3 billion yuan after deducting non-recurring gains and losses. Basic earnings per share are expected to be a loss of 0.69 yuan to 0.86 yuan. The main reasons for the performance change are fewer new signed orders, lower contract prices, reduced revenue, and impairment provisions for certain assets and goodwill. This performance forecast has not been audited by an accounting firm, and specific data will be disclosed in the company's 2024 annual report. 19Sichuan Yahua Industrial Group: Expected net profit of 2.8 billion to 3.3 billion in 2024, a growth of 596% to 721% year-on-year. Sichuan Yahua Industrial Group released its performance forecast for 2024, expecting a net profit of 2.8 billion to 3.3 billion yuan attributable to shareholders of the listed company, an increase of 596.26% to 720.60% compared to the same period last year. The main reason for the growth in performance is a substantial increase in sales of lithium salt products during the reporting period, stable orders from high-quality head customers, enhanced control of various aspects of production and operations by the company, improved efficiency, and cost reduction. 20Xinjiang Machinery Research Institute: Stock trading may be subject to delisting risk warning Xinjiang Machinery Research Institute announced that the company is expected to have negative net assets at the end of 2024. According to relevant regulations, if the audited net assets at the end of 2024 are negative, the company's stock trading will be subject to a delisting risk warning. If the financial data meets the relevant standards, the company will disclose a delisting risk warning announcement at the same time as the annual report disclosure in 2024. The company will strive to take measures to improve operational capabilities, enhance corporate performance, and fulfill information disclosure obligations in a timely manner. 21Guangzhou Metro Design & Research Institute: Plans to issue shares to purchase 100% equity of an engineering consulting company, stock to resume trading tomorrow Guangzhou Metro Design & Research Institute will resume trading from January 21, 2025. The company plans to purchase 100% equity of Guangzhou Metro Engineering Consulting Co., Ltd. held by Guangzhou Metro Group Co., Ltd. by issuing shares and raising supporting funds. Operational performance 1Hisense Visual Technology: Expected net profit of 20.0 billion to 23.0 billion in 2024 Hisense Visual Technology announced that it is expected to achieve operating income of 52.0 billion to 60.0 billion yuan in 2024, with a net profit attributable to the parent company of 20.0 billion to 23.0 billion yuan and a net profit attributable to the parent company after deducting non-recurring gains and losses of 16.0 billion to 19.0 billion yuan. During the reporting period, the company firmly implemented a global, high-end strategy and continued to promote digital transformation, achieving a stable operating trend. The net profit attributable to the parent company in the fourth quarter of the company increased by over 47.5% year-on-year. 2Shaanxi Lighte Optoelectronics Material: Expected net profit growth of 119.34% in 2024 Shaanxi Lighte Optoelectronics Material expects to achieve operating income of 472 million yuan in 2024, a year-on-year increase of 56.90%; the net profit attributable to the parent company is expected to be 169 million yuan, an increase of 119.34% year-on-year. Excluding the impact of share-based payment expenses on profit and loss, it is expected to achieve a net profit attributable to the parent company of 181 million yuan, an increase of 121.14% year-on-year. The main reasons for the performance growth are the increased demand in the downstream OLED market, a significant increase in OLED terminal material revenue, especially in Green Host material sales, and the company's continuous efforts to reduce costs, improve efficiency, and enhance management capabilities. 3Huawen Media Group: Expected net loss of 5.5 billion to 7.5 billion in 2024 Huawen Media Group released its performance forecast for 2024, expecting a net loss of 5.5 billion to 7.5 billion yuan attributable to shareholders of the listed company, and a net loss of 4.2 billion to 5.6 billion yuan after deducting non-recurring gains and losses. Basic earnings per share are expected to be a loss of 0.2754 yuan per share.0.3755 yuan/share. The main reasons for the loss during the reporting period include: provision for impairment of accounts receivable, incurred loan interest, decrease in equity method accounting for long-term equity investments, affecting net profit by approximately 3 billion to 3.6 billion yuan; signs of impairment for long-term equity investments, affecting net profit by approximately 1.2 billion to 2 billion yuan; decrease in fair value of trading financial assets, investment properties, and other non-current financial assets, as well as default penalties from debt defaults, affecting net profit by approximately 1.3 billion to 1.9 billion yuan, categorized as non-recurring losses. The specific amounts are subject to audit or evaluation results.4. Shandong Weida Machinery: The estimated net profit for the fiscal year 2024 is expected to increase by 44.24%-86.31% year-on-year. Shandong Weida Machinery has released a performance forecast for the fiscal year 2024, expecting a net profit attributable to shareholders of the listed company of 2.4 billion to 3.1 billion yuan, an increase of 44.24% to 86.31% compared to the same period last year; after deducting non-recurring gains and losses, the net profit is expected to be 1.95 billion to 2.65 billion yuan, an increase of 41.68% to 92.54% compared to the same period last year; basic earnings per share are expected to be 0.54 yuan/share to 0.70 yuan/share. The company stated that the increase in performance is mainly due to continued focus on the main business, closely following market demand, increased investment in research and development, active development of new projects and products, an increase in new projects entering production during the year, and sufficient market orders. At the same time, the company has strengthened management, continuous lean production, process improvement, product quality improvement, cost reduction, and performance enhancement. This performance forecast has not been audited by an accounting firm. 5. Jiangsu Boamax Technologies Group: The estimated net profit for the fiscal year 2024 is expected to be a loss of 4.5 billion to 6.5 billion yuan Jiangsu Boamax Technologies Group has released a performance forecast for the fiscal year 2024, expecting a net loss attributable to shareholders of the listed company of 4.5 billion to 6.5 billion yuan, a decrease of 133.37% to 237.10% compared to the same period last year. After deducting non-recurring gains and losses, the net loss is expected to be 4.5 billion to 6.5 billion yuan, a decrease of 125.21% to 225.30% compared to the same period last year. Basic earnings per share are expected to be a loss of 0.6250 yuan/share to 0.9027 yuan/share. During the reporting period, factors such as industry environment and market fluctuations led to intensified competition in equipment manufacturing, a decrease in orders and order prices, and due to the northern region being in a relatively warm state, the peak season for energy consumption did not start peak boiler operation, resulting in a significant decrease in operating income, and the company faced high fixed cost allocation due to insufficient production capacity. In addition, the company plans to make provisions for impairment of relevant projects under construction and provisions for inventory depreciation of photovoltaic components. Specific financial data is subject to the company's annual report disclosure. 6. Hongbo Co., Ltd.: The estimated net loss for the fiscal year 2024 is expected to be 2 billion to 2.99 billion yuan Hongbo Co., Ltd. has released a performance forecast for the fiscal year 2024, expecting a net loss attributable to shareholders of the listed company of 2 billion to 2.99 billion yuan, a decrease of 267.36% to 449.2% compared to the same period last year; after deducting non-recurring gains and losses, the net loss is expected to be 1.82 billion to 2.72 billion yuan, a decrease of 154.74% to 280.71% compared to the same period last year. The main reasons include: changes in the price of smart servers leading to impairment of the smart servers held by the company; delays in the progress of some projects due to changes in international policy environment, resulting in liquidated damages and compensation; losses in some subsidiaries due to market competition, and a decrease in income from changes in the fair value of financial assets, etc. The impact of non-recurring gains and losses on net profit attributable to shareholders of the listed company is estimated to be approximately -22 million yuan. This performance forecast has not been audited, and specific financial data is subject to the annual report disclosed by the company. 7. Changzhou Shichuang Energy: Expected to incur a loss of 6.1 billion to 7.3 billion yuan in 2024 Changzhou Shichuang Energy announced that it is expected to achieve a net profit attributable to the owners of the parent company of -7.3 billion to -6.1 billion yuan in fiscal year 2024, a decrease of 7.87 billion to 9.07 billion yuan compared to the same period last year, a year-on-year decrease of 444.83% to 512.66%. The expected net profit attributable to the owners of the parent company after deducting non-recurring gains and losses is -7.4 billion to -6.2 billion yuan, a year-on-year decrease of 554.96% to 643.02%. During the reporting period, due to intensified competition in the industry, the prices and gross profit margins of the company's main product battery cells continued to decrease, leading to a decrease in sales revenue; at the same time, technological iteration caused the impairment provision for assets of the PERC production line equipment to increase, resulting in a phase of operating losses for the company. 8. Tibet GaoZheng Explosive: The estimated net profit for the fiscal year 2024 is expected to increase by 34%-74.91% year-on-year Tibet GaoZheng Explosive has released a performance forecast for the fiscal year 2024, expecting a net profit attributable to shareholders of the listed company of 1.31 billion to 1.71 billion yuan in 2024, an increase of 34.00% to 74.91% compared to the same period last year. After deducting non-recurring gains and losses, the net profit is expected to be 1.21 billion to 1.58 billion yuan, an increase of 31.51% to 71.73% compared to the same period last year. Basic earnings per share are expected to be 0.47 yuan/share to 0.62 yuan/share. The increase in performance is mainly due to an increase in demand for downstream mining engineering and large project infrastructure construction, an increase in sales volume of civil explosive equipment, a corresponding increase in operating income, and an increase in net profit year-on-year. This performance forecast has not been audited by an auditing institution, and specific financial data is subject to the 2024 annual report disclosed by the company. 9. Beijing Zhong Ke San Huan High-tech: The net profit for 2024 is expected to decrease by 94.55%-96.37% year-on-year Beijing Zhong Ke San Huan High-tech has released a performance forecast, expecting a net profit attributable to equity holders of the parent company of 10 million to 15 million yuan in 2024, a year-on-year decrease of 94.55% to 96.37%. The main reasons for the year-on-year decrease in performance are: during the reporting period, the prices of rare earth raw materials fell, demand in some downstream application areas was insufficient, and market competition intensified, leading to a year-on-year decrease in product prices and a narrowing of gross profit margins; during the reporting period, the decline in prices of rare earth raw materials resulted in an increase in asset impairment losses for the company. (Note: Some specific numerical data has not been translated as it consists of figures and should remain as is in the English translation)Television Information Network: Expected to incur a loss of 657 million to 747 million yuan in 2024.Hubei Radio & Television Information Network expects a total annual profit loss of 660-750 million yuan in 2024, an increase in losses of 2.58% - 16.64% compared to the same period last year; net profit attributable to shareholders of the listed company is expected to be a loss of 657 million to 747 million yuan, an increase in losses of 1.48% - 15.38% compared to the same period last year; the net profit after deducting non-recurring gains and losses is expected to be a loss of 698 million to 788 million yuan, an increase in losses of 3.88% - 17.28%. Basic earnings per share are expected to be a loss of 0.58 yuan/share - 0.66 yuan/share. Operating income is expected to be 1.73 billion - 1.83 billion yuan, a decrease compared to the same period last year. The company stated that although 5G business revenue increased year-on-year, TV business revenue continued to decline. In addition, changes in the scope of consolidation resulted in a decrease in revenue by 26 million yuan, leading to an overall decrease in operating income compared to the same period. Despite efforts to control costs, decreases in costs such as labor costs, depreciation and amortization, broadband export costs, and program costs have not been able to offset the losses. The above performance forecasts are preliminary estimates, and specific details will be disclosed in the company's 2024 annual report. Porton Pharma Solutions: Expects an annual loss of 230-290 million yuan in 2024 Porton Pharma Solutions anticipates a net loss attributable to shareholders of the listed company of 230 million to 290 million yuan in 2024, a decrease of 188.08% - 216.93% compared to the same period last year; and a net profit excluding non-recurring gains and losses attributable to shareholders of the listed company is expected to be a loss of 230 million to 290 million yuan, a decrease of 192.47% - 219.71% compared to the same period last year. The main reasons are insufficient capacity utilization leading to a decline in gross profit margin, a year-on-year decrease in operating income, high operating expenses and fixed asset depreciation expenses, as well as provisions for impairment of related assets. Xi'An Xice Testing Technology: Expects a loss of 116 million - 165 million yuan in 2024 Xi'An Xice Testing Technology has released its 2024 performance forecast, expecting a net loss attributable to shareholders of the listed company of 116 million - 165 million yuan. The company stated that the loss is mainly due to the need for optimization of the utilization rate and efficiency improvement of the electronic assembly business, high cost and expense rates; the Beijing and Wuhan subsidiaries are in an initial loss-making state due to the need for time for business introduction; under the influence of industry background, some testing and inspection gross profit margins have declined; and some customers' payments have slowed down, leading to an increase in bad debt provisions. First Capital: Expects a year-on-year net profit growth of 157.07% - 182.77% in 2024 First Capital has released its 2024 performance forecast, expecting a net profit attributable to shareholders of the listed company of 850 million - 935 million yuan, an increase of 157.07% - 182.77% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be 842.71 million - 927.71 million yuan, an increase of 161.22% - 187.56% compared to the same period last year. Basic earnings per share are expected to be 0.20 yuan/share - 0.22 yuan/share. The company stated that revenue from self-operated investment business has increased significantly year-on-year, and revenue from investment banking business and securities brokerage business has steadily increased, driving the growth in performance. The performance forecast data has not been audited by an accounting firm. National Silicon Industry Group: Some directors and executives plan to increase their holdings in the company Jiangsu Zhongchao Holding: Two subsidiaries recently won a total of 173 million yuan in projects Shenzhen Airport: Signed a strategic cooperation agreement with low-altitude production service companies This article is reproduced from "Tencent Self-selected Stocks", GMTEight editor: Li Fo.