HK Stock Market Move | NEW GONOW RV (00805) rose and then fell back in the afternoon, with a decline of over 12%. Annual net profit decreased by nearly 30% year-on-year.

NEW GONOW RV (00805) surged over 44% in early trading, but saw a drop of over 12% in the afternoon. As of the deadline, it fell by 7.33%, closing at 1.77 Hong Kong dollars, with a turnover of 29.9466 million Hong Kong dollars. In terms of news, the recently released 2025 financial report of NEW GONOW RV showed a total revenue of 871 million yuan for the year, a year-on-year increase of 0.8%, and a net profit attributable to the parent company of 30.82 million yuan, a year-on-year decrease of 28.9%; the decrease in performance was mainly due to an unexpected decline in the RV market; the introduction of a new hybrid off-road vehicle model led to a pressure on profit margins; the strategic expansion of self-operated stores resulted in increased sales expenses. It is worth noting that the annual report of NEW GONOW RV was delayed for nearly a month. On March 31st, the company announced that due to the ongoing audit of the full-year performance of 2025, they would not be able to publish the full-year performance as required, and trading of the shares would be suspended from 9:00 am on April 1st.