①China Resources Power’s photovoltaic sales volume increased by over 50% in the first two months. What is the overall scale? ②Southern Manganese Industry’s annual revenue exceeds HKD 6.3 billion. What is the growth rate?
Cailian Press, March 13 (Editor: Feng Yi) Cailian Press brings you important announcements from Hong Kong stocks today.
1) Corporate News
China Shenhua (01088.HK): Coal sales volume reached 66.4 million tons in the first two months, representing a year-on-year increase of 2.6%.
Shanghai Industrial Urban Development (00563.HK): Successfully acquired a plot of land in Xuhui District, Shanghai, for approximately RMB 2.675 billion.
China Resources Power (00836.HK): Cumulative electricity sales reached 39.8282 million megawatt-hours in the first two months, marking a year-on-year increase of 16.4%. Sales from affiliated photovoltaic power stations amounted to 1.4542 million megawatt-hours, reflecting a year-on-year surge of 55.9%.
Central China Real Estate (00832.HK): Cumulative sales revenue for the first two months was RMB 980 million, representing a year-on-year decline of 37.7%.
R&F Properties (02777.HK): Cumulative sales revenue for the first two months totaled RMB 1.47 billion, showing a year-on-year decrease of 6.96%.
Shimao Group (00813.HK): Cumulative sales revenue for the first two months reached approximately RMB 2.811 billion, indicating a year-on-year drop of 30.76%.
Zhonghui Biologics-B (02627.HK): Entered into a strategic cooperation agreement with Hong Kong Watson regarding overseas market expansion for subunit influenza vaccines.
Hengrui Pharma (01276.HK): Received approval for an additional indication for its self-developed innovative drug, Hetrombopag Ethanolamine Tablets.
Fosun Pharma (02196): FXS0683 has received clinical trial approval. Sales of similar drugs within China are projected to reach approximately RMB 338 million by 2025.
Horizon Construction Development (09930.HK): A subsidiary plans to acquire 25.6306% equity in Shanghai Hongzuo New Energy Technology Co., Ltd. for RMB 77.4029 million.
2) Performance Updates
Southern Manganese Industry (01091.HK): Revenue reached HKD 6.369 billion in 2025, a year-on-year decrease of 51.79%; net profit amounted to HKD 167 million, turning losses into profits compared to the previous year.
Gala Sports Holdings (02458.HK): Projected revenue for 2025 is between RMB 920 million and RMB 930 million, representing a year-on-year increase of approximately 19% to 20%; net profit is expected to range from RMB 90 million to RMB 98 million, reflecting a year-on-year growth of about 7% to 16%.
Junshi Biosciences (01877.HK): Total operating revenue for 2025 was RMB 2.498 billion, marking a year-on-year increase of 28.23%; net loss stood at RMB 875 million, a year-on-year reduction of 31.68%, primarily due to increased pharmaceutical sales revenue.
Color Star Group (00635.HK): Revenue for 2025 was approximately HKD 665 million, a year-on-year decrease of 39.09%; net loss amounted to approximately HKD 362 million, reflecting a year-on-year reduction of 5.25%.
TOM Group (02383.HK): Revenue for 2025 reached HKD 7.35 billion, increasing by 0.53% year-on-year; loss stood at HKD 2.05 billion, decreasing by 19.93% year-on-year.
Jinxun Resources (03636.HK): Profit warning issued, expecting consolidated net profit for 2025 to range between RMB 300 million and RMB 330 million.
Zhongsheng Holdings (00881.HK): Profit warning issued, projecting a maximum loss of RMB 2 billion for 2025, turning profits into losses compared to the previous year.
Jushuitan (06687.HK): Profit warning issued, anticipating a net loss for 2025 between RMB 1.6 billion and RMB 1.7 billion, shifting from profit to loss year-on-year.
Xinchen Power (01148.HK): Issued a profit warning, expecting the net profit attributable to shareholders for the fiscal year 2025 to decrease by approximately 45% year-on-year.
**** International (03828.HK): Issued a profit warning, expecting the net profit attributable to shareholders for the fiscal year to be no less than HKD 100 million, representing a year-on-year decline.
Lifeng Holdings (01125.HK): Issued a profit warning, anticipating the consolidated loss attributable to shareholders for the interim period to increase by no less than 100% year-on-year.
Green Source Group Holdings (02451.HK): Announced positive earnings outlook, projecting a year-on-year increase of no less than 40% in net profit for the fiscal year.
Shenyang Public Utilities Development Co., Ltd. (00747.HK): Issued a profit warning, expecting the pre-tax loss for 2025 to significantly increase by approximately 60%–70% year-on-year.
3) Financing and Buyback Dynamics
China Qinfa Group (00866.HK): Completed a placement of 90 million shares on a sold-old-and-new basis, raising approximately HKD 310 million in net proceeds.
Yum China Holdings (09987.HK): Repurchased 19,000 shares at a cost of HKD 7.723 million, with repurchase prices ranging from HKD 405.2 to HKD 417.6 per share.
Xiaomi Group-W (01810.HK): Repurchased 2.029 million shares at a total cost of HKD 67.4977 million, with repurchase prices ranging from HKD 405.2 to HKD 417.6 per share.
XD Company (02400.HK): Repurchased 110,000 shares at a cost of HKD 7.894 million, with repurchase prices ranging from HKD 69.95 to HKD 74.3 per share.
