Lionhead Technology Development turned a profit in Q1, stating the urgency of transformation and upgrade, acquiring the Machine Vision "little giant" to position itself in the new AI track | Interpretations
① Lionhead Technology Development released its 2024 annual report and Q1 2025 report, achieving two consecutive years of growth, and this year Q1 showed a year-on-year turnaround to profit; ② This year Q1 is the first profit for Lionhead Technology Development in nearly 9 quarters, but the company determines that competition in the e-commerce Industry is intensifying, and the traffic dividend has peaked; ③ By acquiring the Machine Vision "little giant" Lipotech, Lionhead Technology Development plans to create a second growth curve, and relevant work is currently progressing in an orderly manner.
Chinese e-commerce apps dominate the USA iOS app store, with the e-commerce Sector expected to ride the wave.
The Chinese cross-border e-commerce application DHgate has significantly improved its ranking in the overall free charts of the App Store in the USA. As of now, the top three e-commerce applications in the US iOS App Store are all Chinese apps, with DHgate in first place, Taobao in second, and SHEIN in third.
This week, 14 more companies added! Guangzhou Ruoyuchen Technology and several other stocks disclosed their shareholding buyback and refinancing plans, with a list of related A-shares overview.
① Share Buyback and Shareholding continue to be implemented, according to incomplete Statistics, as of the time of writing, 14 listed companies have disclosed information related to Share Buyback and Shareholding this week (see the attached table); ② Alpha Group, Guangzhou Ruoyuchen Technology, Sinocare Inc., Hunan Jiudian Pharmaceutical, Zhejiang Dafeng Industry, Yachuang Electronics, and Changjiang & Jinggong Steel Building among others have received special loan limits exceeding 0.1 billion yuan.
The Ministry of Commerce has once again provided substantial policy support, and the cross-border e-commerce industry is expected to stand at the forefront.
On November 21st, the Ministry of Commerce issued a notice on promoting the stable growth of foreign trade. The notice points out the promotion of cross-border e-commerce development. Continuously promote the construction of overseas intelligent logistics platforms. Dongxing Securities' research report pointed out that in the global inflation background, consumers' consumption behavior will be more rational, providing good development opportunities for the shift to online consumption and the high-quality domestic products with good value for money, overall bullish on the growth of the cross-border e-commerce industry.
Sovol's net income in the first half of the year increased by more than 50%, with accelerated growth in non-apparel and trinket categories | Financial report interpretation
1. In the first half of the year, Saivdiday's revenue and net profit both doubled; 2. On the channel side, the growth rate of emerging platforms was significant; 3. The company responded to the increase in marine transportation prices by accumulating premiums and connecting to Amazon's first-mile service.
Suning.com's Q3 Profit Nosedives 677% as Sales Tumble on Low Inventory