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Weibo Corporation Changes Date to Report First Quarter 2022 Financial Results to June 1, 2022

Retrieved on: 
Friday, May 27, 2022

To join the conference, please use the conference access information provided in the email received at the point of registering.

Key Points: 
  • To join the conference, please use the conference access information provided in the email received at the point of registering.
  • A telephone replay will be available from 22:00 China Standard Time on June 1, 2022 to 21:59 China Standard Time on June 9, 2022.
  • Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution.
  • User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting.

ZTO Reports First Quarter 2022 Unaudited Financial Results

Retrieved on: 
Wednesday, May 25, 2022

SHANGHAI, May 25, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the first quarter ended March 31, 2022[1]. Despite severe impact from Omicron induced shutdowns starting in March, the Company grew parcel volume 5.2 billion, or 16.8%, while achieving high levels of customer satisfaction as well as earnings growth. Cash generated from operating activities was RMB1,105.4 million.

Key Points: 
  • As of March 31, 2022, 422 sets of automated sorting equipment were in service, compared to 349 sets as of March 31, 2021.
  • Other costs were RMB1,059.4 million (US$167.1 million), an increase of 29.2% from RMB819.8 million in the same period last year.
  • ZTO encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.
  • ZTO's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Wednesday, May 25, 2022 (8:30 AM Beijing Time on May 26, 2022).

Jowell Global Ltd. Announces First Quarter 2022 Unaudited Financial Results

Retrieved on: 
Wednesday, May 25, 2022

Shanghai, China, May 25, 2022 (GLOBE NEWSWIRE) -- Jowell Global Ltd. (“Jowell” or the “Company”) (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.

Key Points: 
  • Costs of revenues were $43.6 million, an increase of 66.8% from the $26.1 million in the same quarter of 2021.
  • Cost of sales as a percentage of total revenues was 96.6%, up from 92.1% in the same quarter of 2021.
  • The fulfillment expenses as a percentage of total revenues was 1.9%, up from 1.8% in the same quarter of 2021.
  • Sales and marketing expenses were $3.0 million, an increase of 181.9% from the $1.1 million in the same quarter of 2021.

Canaan Inc. Reports Unaudited First Quarter 2022 Financial Results

Retrieved on: 
Thursday, May 19, 2022

BEIJING, May 19, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended March 31, 2022.

Key Points: 
  • BEIJING, May 19, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended March 31, 2022.
  • Mr. James Jin Cheng, Chief Financial Officer of Canaan, stated, "We delivered revenues of RMB1,356.1 million in the first quarter of 2022.
  • Research and development expenses in the first quarter of 2022 also included share-based compensation expenses of RMB20.0 million (US$3.1 million).
  • Eastern Time on May 19, 2022 (or 8:00 P.M. Beijing Time on the same day) to discuss the financial results.

HUMBL CEO Contributes 100 Million BLOCKS to HUMBL Balance Sheet

Retrieved on: 
Tuesday, May 17, 2022

San Diego, CA, May 17, 2022 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB:HMBL) announced today that CEO, Brian Foote has contributed 100 million BLOCKS to the HUMBL balance sheet for use in blockchain pilot programs, employee compensation and more.

Key Points: 
  • San Diego, CA, May 17, 2022 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB:HMBL) announced today that CEO, Brian Foote has contributed 100 million BLOCKS to the HUMBL balance sheet for use in blockchain pilot programs, employee compensation and more.
  • As we enter the Web 3, tokenized economy, it will be important for customers to begin separating out the differences in blockchain-based digital assets, said Brian Foote, CEO of HUMBL.
  • This is no different at HUMBL, where some of our younger employees are requesting that a portion of their compensation be paid in BLOCKS.
  • BLOCKS will be recorded as an asset on the HUMBL balance sheet, with an approximate fiat currency value of $700,000 (USD) as of 6:00 AM PST on May 16, 2022.

Weibo Corporation to Report First Quarter 2022 Financial Results on May 30, 2022

Retrieved on: 
Tuesday, May 17, 2022

Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution.

Key Points: 
  • Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution.
  • User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting.
  • This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.
  • Weibo enables its advertising and marketing customers to promote their brands, products and services to users.

Meten Holding Group Ltd. Announces Financial Results for Fiscal Year Ended December 31, 2021

Retrieved on: 
Monday, May 16, 2022

For overseas training services, revenues increased 15.7% year-on-year, to RMB151.1 million (US$23.7 million) in fiscal year 2021 from RMB130.6 million in fiscal year 2020.

Key Points: 
  • For overseas training services, revenues increased 15.7% year-on-year, to RMB151.1 million (US$23.7 million) in fiscal year 2021 from RMB130.6 million in fiscal year 2020.
  • For Junior ELT, revenues decreased to RMB98.0 million (US$15.4 million) in fiscal year 2021 from RMB130.3 million in fiscal year 2020.
  • For online ELT, revenues increased 0.2% year-on-year, to RMB290.4 million (US$45.6 million) in fiscal year 2021 from RMB289.7 million in fiscal year 2020.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.

Gracell Biotechnologies Reports First Quarter 2022 Unaudited Financial Results and Provides Corporate Update

Retrieved on: 
Monday, May 16, 2022

ET today

Key Points: 
  • ET today
    SAN DIEGO, Calif. and SUZHOU and SHANGHAI, China, May 16, 2022 (GLOBE NEWSWIRE) -- Gracell Biotechnologies Inc. (NASDAQ: GRCL) (Gracell or Company), a global clinical-stage biopharmaceutical company dedicated to discovering and developing highly efficacious and affordable cell therapies for the treatment of cancer, today reported first quarter unaudited financial results for the three months ended March 31, 2022, and provided corporate updates.
  • Plan to submit the U.S. and China IND filings for RRMM in the second half of 2022.
  • First-in-human data from China IIT study in B-ALL patients were presented at AACR on April 12, 2022.
  • Gracell specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise.

ATA Creativity Global Reports First Quarter 2022 Financial Results

Retrieved on: 
Thursday, May 12, 2022

ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students creativity.

Key Points: 
  • ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students creativity.
  • ATA Creativity Global offers a wide range of education services consisting primarily of portfolio training, research-based learning services, overseas study counselling and other educational services through its training center network.
  • The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP.
  • ACG believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making.

TPI Composites, Inc. Announces First Quarter 2022 Earnings Results – Cost Mitigation Efforts and Transition Efficiencies Drive Solid Results

Retrieved on: 
Thursday, May 5, 2022

Number of wind blade manufacturing lines that are dedicated to our customers under long-term supply agreements at the end of the period.

Key Points: 
  • Number of wind blade manufacturing lines that are dedicated to our customers under long-term supply agreements at the end of the period.
  • Number of wind blade manufacturing lines installed and either in operation, startup or transition during the period.
  • Net sales for the three months ended March 31, 2022, decreased by $19.8 million or 4.9% to $384.9 million as compared to $404.7 million in the same period in 2021.
  • Capital expenditures were $5.5 million for the three months ended March 31, 2022, as compared to $18.8 million during the same period in 2021.