Summary by Futu AI
Guohong Hydrogen Technology (Jiaxing) Co., Ltd. ("Guohong Hydrogen") announced its unaudited interim performance for the six months ended June 30, 2024, showing a total revenue of approximately 133.0 million RMB, a decrease of 37.3% compared to the same period last year. The company's attributable loss to owners amounted to approximately 212.3 million RMB, an increase from 124.3 million RMB in the same period last year. The basic loss per share was 0.41 RMB, compared to 0.30 RMB in the same period last year. The board of directors decided not to distribute any interim dividends. The company emphasized that despite the short-term fluctuations in production capacity release and gross margin during the transition to mass production of new products, it expects to achieve a more solid market position and growth space after adjustment and optimization. In addition, the company approved the performance announcement to be published on August 30, 2024, and completed the filing of H-shares' full circulation on April 18 of the same year. The relevant H-shares started trading on the Hong Kong Stock Exchange on August 28.