The controlling shareholder of LUYUAN GP HLDG has deposited shares into HSBC Hong Kong, with a storage market value of HKD 1.086 billion

According to the latest information from the Hong Kong Stock Exchange, on June 2, the controlling shareholder of LUYUAN GP HLDG deposited shares into HSBC Hong Kong, with a market value of HKD 1.086 billion, accounting for 30.75%. LUYUAN GP HLDG announced its 2024 annual performance, with revenue of CNY 5.072 billion, a year-on-year decrease of 0.2%; the profit attributable to equity holders of the company was CNY 117 million, a year-on-year decrease of 19.8%; basic earnings per share were CNY 0.30, and a final dividend of HKD 0.15 per ordinary share is proposed. During the period, revenue decreased by approximately 0.2% year-on-year, mainly due to the group's optimization of its product mix to cope with intense market competition, resulting in a decrease in the average selling price of the group's electric vehicles