The photovoltaic equipment sector saw a short-term surge, with TONGRUN EQUIPMENT hitting the limit up and recording three trading halts in five days

The photovoltaic equipment sector saw a short-term surge, with TONGRUN EQUIPMENT hitting the daily limit and recording three trading halts in five days. APsystems, GOODWE, Hoymiles, SolaX Power, HIUV, and others also rose significantly

The energy storage concept strengthened against the trend during the session, with Sineng and Sungrow Power Supply rising over 10%, followed by Pylon Technologies, Ginlong Technologies, NARADA, and APsystems

APsystems establishes a new subsidiary, including multiple AI businesses

According to the Qichacha APP, recently, Shanghai APsystems Intelligent Source Technology Co., Ltd. was established with a registered capital of 10 million yuan. The business scope includes: system integration services for artificial intelligence industry applications; development of basic software for artificial intelligence; development of theoretical and algorithm software for artificial intelligence; development of application software for artificial intelligence, etc. Qichacha's equity penetration shows that the company is wholly owned by APsystems

APsystems appointed Zhu Jialei as the secretary of the board and financial officer

APsystems announced that due to the company's strategic development needs, Qiu Zhihua has resigned from the position of board secretary, and Zhang Jiawu has resigned from the position of financial head. Both will continue to hold other positions. The company has appointed Zhu Jialei as the board secretary and financial head, with a term until the expiration of the second board's term. Zhu Jialei has not yet obtained the qualification for the board secretary of the Science and Technology Innovation Board, and Qiu Zhihua will act in this capacity until his qualification review is approved

APsystems' net profit for the year 2024 is 142 million yuan, a year-on-year decrease of 35.38%

According to the Zhitong Finance APP, APsystems released its performance preliminary report for 2024. The company's total operating revenue for 2024 is CNY 1.794 billion, a year-on-year increase of 26.36%; the net profit attributable to the parent company's owners is CNY 142 million, a year-on-year decrease of 35.38%; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses is CNY 124 million, a year-on-year decrease of 27.36%; the basic earnings per share is CNY 1.08