① Q Technology's camera module sales volume increased by approximately 40% year-on-year in February. What are the driving factors? ② Yue Yuen Industrial's annual revenue exceeded 8 billion USD. What is the year-on-year growth rate?
Cailian Press, March 11 (Editor: Feng Yi) Cailian Press brings you key announcements from today's Hong Kong stock market.
1) Corporate News
Q Technology (01478.HK): In February, total camera module sales volume reached 33.547 million units, a year-on-year increase of 40.3%. Fingerprint recognition module sales volume totaled 10.502 million units, a year-on-year decrease of 23.5%, mainly due to the impact of the Spring Festival holiday, an increase in overseas customer demand, and a continuous rise in supply share.
China Metallurgical Group (01618.HK): Total new contract value signed in the first two months amounted to 132.44 billion RMB, representing a year-on-year decrease of 6.49%, including new overseas contracts worth 4.49 billion RMB.
Xin Tian Green Energy (00956.HK): Cumulative power generation for the first two months reached 3.0941 million megawatt-hours, marking a year-on-year increase of 5.60%.
Yanchang Petroleum International (00346.HK): Issued a profit warning. The company expects a loss of approximately 780 million HKD in 2025, shifting from profit to loss year-on-year.
Seazen Development (01030.HK): Cumulative contracted sales in the first two months reached 1.937 billion RMB, marking a year-on-year decrease of 34.91%.
Times China Holdings (01233.HK): Cumulative contracted sales in the first two months amounted to approximately 481 million RMB, reflecting a year-on-year decline of 48.28%.
Mao Geping (01318.HK): A total of 228 million unlisted shares were converted into H shares on March 11, 2026.
Hengrui Pharma (01276): Obtained clinical trial approval notices for SHR-9803 injection and SHR-2524.
2) Performance Updates
Yue Yuen Industrial (Holdings) Ltd. (00551.HK): Revenue for 2025 was approximately USD 8.031 billion, representing a year-over-year decrease of 1.8%; net profit was about USD 381 million, marking a year-over-year decline of 2.9%. During the period, significant differences in order fulfillment rates and capacity utilization at certain manufacturing sites led to uneven production loads; salary increases in the high single-digit percentage range across regions substantially drove up labor costs.
Pou Sheng International (Holdings) Ltd. (03813.HK): Revenue for 2025 was RMB 17.132 billion, a year-over-year decrease of 7.16%; net profit was RMB 211 million, reflecting a year-over-year drop of 57.12%.
Sunlight Real Estate Investment Trust (00435.HK): Revenue for 2025 was approximately HKD 778 million, down 4.8% year over year; distributable income amounted to HKD 330 million. The occupancy rate of the property portfolio was 90.6%, with an average lease renewal rate of 70%.
Yuexiu Property Investment Trust (00405.HK): Total revenue for 2025 was approximately RMB 1.856 billion, representing an 8.6% year-over-year decrease; after-tax loss was approximately RMB 694 million, growing by 106.3% year over year.
Shouhui Group (02621.HK): Estimated net profit for the fiscal year 2025 is projected to be between RMB 780 million and RMB 800 million.
Jinseng Group (06896.HK): Revenue and net profit for 2025 are expected to decline by 20%-25% year over year.
3) Share Repurchase Updates
Xiaomi Group-W (01810.HK): Repurchased 3.0056 million shares at a cost of HKD 99.9936 million, with repurchase prices ranging from HKD 33.22 to HKD 33.32 per share.
NetEase Cloud Music (09899.HK): Repurchased 99,700 shares at a cost of HKD 14.9996 million, with repurchase prices ranging from HKD 149.1 to HKD 153.4 per share.
Yum China Holdings (09987.HK): Repurchased 18,600 shares at a cost of HKD 7.7216 million, with repurchase prices ranging from HKD 411.4 to HKD 418.6 per share.
SF Holding (06936.HK): Repurchased 1.34 million A-shares at a total cost of RMB 50.0264 million, with the repurchase price ranging from RMB 37.28 to RMB 37.42 per share.
ZTO Express-W (02057) announced that it had cancelled 7,373,100 repurchased shares on March 11, 2026.
