2024-10-30-深交所-京东方Ｂ_2024年第三季度报告（英文版）_13页_608kb

Key Highlights from BOE Technology Group Co., Ltd. Third Quarterly Report 2024

• Financial Performance: Revenue for Q3 2024 reached 50.35 billion RMB, up 8.65% year-over-year. Net profit attributable to shareholders was 1.03 billion RMB, growing significantly by 258.21% YoY, while adjusted net profit increased by 651.97%. Asset growth slowed slightly, with total assets decreasing by 0.42% YoY.
• Shareholder Information: The company had 1.16 million ordinary shareholders as of 10 October 2024. Top shareholders include Beijing State-owned Capital Operation and Management Company Limited (10.79% stake and name holder), Hong Kong Securities Clearing Company (7.13%), and Beijing BOE Investment & Development Co., Ltd. (2.18%).
• Key Events: Director Zhu Baocheng and Wu Lishun resigned, while new appointments were made on the board. The company approved stock option and restricted stock incentive schemes, and a corporate bond offering of up to 10 billion RMB was announced.
• Financial Statements: The quarterly reports include un-audited financial metrics, noting declines in operating profit due to restructuring and gains from government grants. Cash flow showed a net increase in cash equivalents due to operational improvements.