Summary by Futu AI
Guohong Hydrogen Technology (Jiaxing) Co., Ltd. (Guohong Hydrogen) announced its interim report for 2024, showing a revenue of RMB 133,012 thousand during the period, a 37.3% decrease from RMB 212,271 thousand in the same period last year. The company recorded a loss of RMB 212,297 thousand during the same period, compared to RMB 127,490 thousand in the same period last year. The total assets were RMB 4,920,865 thousand, and the total liabilities were RMB 1,706,235 thousand. The company and its subsidiaries are primarily engaged in the research and development, production, and sales of hydrogen fuel cell stacks and systems. The company's shares have been listed on the Hong Kong Stock Exchange since December 5, 2023. During the reporting period, the company was approved to convert 273,074,088 shares of domestic stock into H shares, which began trading on August 28, 2024. The company did not distribute any dividends during the reporting period, and had no significant litigation, arbitration, or claims at the end of the reporting period.