HK Stock Market Move | Zhejiang Shibao (01057) rose more than 3%, annual net profit attributable to shareholders increased by over 20% year-on-year, and sales of intelligent steering system products increased significantly.

Zhejiang Shibao (01057) rose more than 3%, as of the time of writing, it rose 2.15%, closing at 5.69 Hong Kong dollars, with a turnover of 29.9506 million Hong Kong dollars. On the news front, recently, Zhejiang Shibao released its annual performance ending on December 31, 2025. The group achieved operating income of 3.549 billion yuan, an increase of 31.76% year-on-year; net profit attributable to shareholders of the listed company was 181 million yuan, an increase of 21.05% year-on-year; basic earnings per share were 0.2194 yuan, and it plans to distribute a cash dividend of 0.60 yuan per 10 shares to all shareholders. During the reporting period, benefited from the acceleration of the trends of electrification, intelligence, and globalization of automobiles, as well as the gradual increase in market share of Chinese brand passenger cars, the company's sales of electrification and intelligent steering system products have significantly increased.