Shanghai Stock Exchange STAR Market

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Thursday, February 16, 2023

Revenue for the fourth quarter of 2022 was $26.8 million, compared with $35.2 million in the third quarter of 2022 and $37.7 million for the fourth quarter of 2021.

Key Points: 
  • Revenue for the fourth quarter of 2022 was $26.8 million, compared with $35.2 million in the third quarter of 2022 and $37.7 million for the fourth quarter of 2021.
  • GAAP gross margin was 32.1 percent of revenue for the fourth quarter of 2022, compared with 42.0 percent of revenue in the third quarter of 2022 and 32.2 percent for the fourth quarter of 2021.
  • This compares with $10.2 million in the third quarter of 2022 and $9.1 million for the fourth quarter of 2021.
  • Fiscal Year 2022 Results (January 1 to December 31, 2022)
    Revenue for fiscal year 2022 was $141.1 million, compared with $137.4 million in fiscal year 2021.

Linklogis’ Supply Chain ABS Issuance Reaching RMB 25 Billion on the Shanghai Stock Exchange

Retrieved on: 
Friday, February 10, 2023

Shenzhen, China, Feb. 10, 2023 (GLOBE NEWSWIRE) -- As the leading supply chain finance technology solution provider in China, Linklogis was awarded the “2022 Special Initiator of ABS Revitalizing Stock Assets” by the Shanghai Stock Exchange.

Key Points: 
  • Shenzhen, China, Feb. 10, 2023 (GLOBE NEWSWIRE) -- As the leading supply chain finance technology solution provider in China, Linklogis was awarded the “2022 Special Initiator of ABS Revitalizing Stock Assets” by the Shanghai Stock Exchange.
  • The award aims to commend the enterprises that support the issuance of asset-backed securities and tap the full potential of stock assets.
  • In 2022, the companies under Linklogis issued a total of 56 Asset-Backed Securitization (ABS) products on the Shanghai Stock Exchange, with the total issuance scale reaching RMB 25 billion, occupying the largest market share among third-party factoring companies.
  • The Shanghai Stock Exchange recognized Linklogis’ positive contribution in the issuance of ABS and the support for the real economy, demonstrating the good brand image and social credibility of Linklogis.

Faraday Future Appoints Mr. Xuefeng Chen and Ms. Ke Sun to Board of Directors

Retrieved on: 
Thursday, December 29, 2022

Faraday Future (NASDAQ: FFIE) ("FF" or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Global CEO Xuefeng (“XF”) Chen and Ms. Ke Sun have been appointed to FF’s Board of Directors, effective December 27, 2022.

Key Points: 
  • Faraday Future (NASDAQ: FFIE) ("FF" or “the Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Global CEO Xuefeng (“XF”) Chen and Ms. Ke Sun have been appointed to FF’s Board of Directors, effective December 27, 2022.
  • Mr. XF Chen and Ms. Ke Sun fill the vacancies on the Board due to the resignations of Dr. Carsten Breitfeld and Mr. Edwin Goh, who both stepped down from the Board effective as of December 26, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20221229005298/en/
    Ms. Ke Sun appointed to Faraday Future's Board of Directors.
  • Ms. Sun also served as the Secretary of the board of directors of BAIC Motor from September 2016 to September 2017.

NIO Inc. Provides November 2022 Delivery Update

Retrieved on: 
Thursday, December 1, 2022

SHANGHAI, China, Dec. 01, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its November 2022 delivery results.

Key Points: 
  • NIO delivered 14,178 vehicles in November 2022, increasing by 30.3% year-over-year
    NIO delivered 106,671 vehicles year-to-date 2022, increasing by 31.8% year-over-year
    Cumulative deliveries of NIO vehicles reached 273,741 as of November 30, 2022
    SHANGHAI, China, Dec. 01, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced its November 2022 delivery results.
  • NIO delivered 14,178 vehicles in November 2022, a new record-high monthly delivery, representing an increase of 30.3% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 273,741 as of November 30, 2022.
  • NIO will further accelerate the production and delivery in December 2022.

Li Auto Inc. November 2022 Delivery Update

Retrieved on: 
Thursday, December 1, 2022

BEIJING, China, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today announced that the Company delivered 15,034 vehicles in November 2022, achieving record-high monthly deliveries and representing a 11.5% year-over-year increase.

Key Points: 
  • BEIJING, China, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today announced that the Company delivered 15,034 vehicles in November 2022, achieving record-high monthly deliveries and representing a 11.5% year-over-year increase.
  • Thanks to its ultra-high-strength body structure, Li L9 demonstrated class-leading performance with the ability to withstand a peak force of 116,475 Newtons in the roof strength test, commented Yanan Shen, co-founder and president of Li Auto.
  • Additionally, we believe that users satisfaction for Li L8 has exceeded their expectations since it commenced delivery in early November.
  • Its model lineup includes Li L9, a six-seat flagship family SUV, Li L8 and Li ONE, both of which are six-seat premium family SUVs, and Li L7, a five-seat flagship family SUV.

United Imaging Selected to Academy of Radiology & Biomedical Imaging Research's Council of Distinguished Investigators' Class of 2022

Retrieved on: 
Tuesday, November 29, 2022

HOUSTON, Nov. 29, 2022 /PRNewswire/ -- United Imaging, a global leader in producing advanced medical imaging and radiotherapy equipment, is welcomed today to the Distinguished Investigators' Class, which recognizes outstanding contributions to the field of medical imaging.

Key Points: 
  • HOUSTON, Nov. 29, 2022 /PRNewswire/ -- United Imaging, a global leader in producing advanced medical imaging and radiotherapy equipment, is welcomed today to the Distinguished Investigators' Class, which recognizes outstanding contributions to the field of medical imaging.
  • According to the Academy of Radiology & Biomedical Imaging Research, "For the first time, this year's cohort of Distinguished Investigators will include researchers from both Academy member imaging societies as well as partners in industry."
  • "Collectively, the research conducted by these Distinguished Investigators has advanced medical imaging knowledge in immeasurable ways," stated Renee L. Cruea, the Academy's Executive Director.
  • Chief Technology Officer of United Imaging Dr. Hongdi Li will accept this prestigious award and be inducted into the Academy Council of Distinguished Investigators(DI's) Class of 2022 in recognition of his outstanding contributions.

Baozun to Announce Third Quarter 2022 Unaudited Financial Results on November 29, 2022

Retrieved on: 
Wednesday, November 16, 2022

All participants wishing to attend the call must preregister online before they can receive the dial-in numbers.

Key Points: 
  • All participants wishing to attend the call must preregister online before they can receive the dial-in numbers.
  • The Company would like to apologize for any inconvenience caused by not having an operator as a result of COVID-19.
  • Statements that are not historical facts, including but not limited to statements about Baozuns beliefs and expectations, are forward-looking statements.
  • Baozun Inc. is the leader and a pioneer in the brand e-commerce service industry, and a digital commerce enabler in China.

SMIC Reports 2022 Third Quarter Results

Retrieved on: 
Thursday, November 10, 2022

SHANGHAI, Nov. 10, 2022 /PRNewswire/ -- Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) ("SMIC", the "Company" or "we"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended September 30, 2022.

Key Points: 
  • SMIC Group provides semiconductor foundry and technology services to global customers on 0.35 micron to FinFET process node technologies.
  • SMIC Group also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, China, and a representative office in Hong Kong, China.
  • To supplement SMIC's consolidated financial results presented in accordance with IFRS, SMIC uses the presentation of non-IFRS financial measures, including EBITDA, EBITDA margin and non-IFRS operating expenses in this release.
  • SMIC believes that use of these non-IFRS financial measures facilitates investors' and management's comparisons to SMIC's historical performance.

XPENG Completes RMB964 Million Debut Issuance of Auto Leasing Carbon-neutral Asset-backed Securities on the Shanghai Stock Exchange

Retrieved on: 
Friday, November 4, 2022

US$133.5 million) automobile leasing carbon-neutral asset-backed securities (ABS) on the Shanghai Stock Exchange.

Key Points: 
  • US$133.5 million) automobile leasing carbon-neutral asset-backed securities (ABS) on the Shanghai Stock Exchange.
  • View the full release here: https://www.businesswire.com/news/home/20221103006434/en/
    The issuance marks XPENGs second ABS issuance in its home capital market, further diversifying its direct financing channels on the two major exchanges in China following its debut ABS issuance on the Shenzhen Stock Exchange in March this year.
  • The issuance is also the first automobile leasing financing on the Shanghai Stock Exchange focusing on asset-backed securities in specialized, sophisticated and innovative new enterprises.
  • The ABS issuance received an enthusiastic response from institutional investors in China, achieving record-low coupon rates for automobile leasing ABS among Chinas emerging automakers.

NIO Inc. Provides October 2022 Delivery Update

Retrieved on: 
Tuesday, November 1, 2022

NIO delivered 10,059 vehicles in October 2022, increasing by 174.3% year-over-year

Key Points: 
  • NIO delivered 10,059 vehicles in October 2022, increasing by 174.3% year-over-year
    NIO delivered 92,493 vehicles year-to-date 2022, increasing by 32.0% year-over-year
    Cumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022
    SHANGHAI, China, Nov. 01, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced its October 2022 delivery results.
  • NIO delivered 10,059 vehicles in October 2022, representing an increase of 174.3% year-over-year.
  • Cumulative deliveries of NIO vehicles reached 259,563 as of October 31, 2022.
  • In October, NIO unveiled ET7, EL7 and ET5 for the European markets at the NIO Berlin 2022.