Industrial Machinery and Supplies and Components

WHEE

美图公司

Deep Research

Appraisal value

00700

TCTZF

TCEHY

80700

09626

BILI

01357

01698

02076

600475

HTCD

In the prior piece, Dolphin Research reviewed Meitu's history, product suite, and competitive landscape in depth. This follow-up focuses on Meitu's growth potential.1) Will large models eat Meitu's lunch? To evaluate its growth, we must ask how vertical platforms defend against general-purpose platforms.As seen across internet cycles, a few lucky players evolved into 'small but mighty' vertical champions. Tencent Music, Kanzhun, and even Bilibili endure thanks to distinctive attributes. Most others faded into the background, becoming stepping stones as tech giants broadened their ecosystems...

TENCENT

Tencent Holdings Limited

Tencent

TENCENT-R

BILIBILI-W

Bilibili

MEITU

TME-SW

Tencent Music

BOSS ZHIPIN-W

Kanzhun

Tencent HK SDR 10to1

Meitu: A bumpy 'small‑but‑beautiful' story — where is the bottom?

WHEE released FY2025 annual earnings on April 28 After-Market BJT, actual revenue CNY 9.139 B (forecast CNY 8.131 B), actual EPS CNY 0.4068 (forecast CNY 0.69)

WHEE released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 2.477 B, actual EPS CNY 0.0459

WHEE released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 1.839 B, actual EPS CNY 0.1222

WHEE FY2026 Q1 Earnings Release on April 29 After-Market (BJT)

WHEE to Release FY2025 Annual Earnings on April 29 After-Market (BJT), Forecast Revenue CNY 8.131 B, EPS CNY 0.69

WHEE released FY2025 Q3 earnings on October 28 Pre-Market (BJT), actual revenue CNY 2.245 B, actual EPS CNY 0.0599

WHEE released FY2025 9 Months earnings on October 28 Pre-Market (BJT), actual revenue CNY 6.662 B, actual EPS CNY 0.3584

WHEE to Release FY2025 Q3 Earnings on October 29 Pre-Market (BJT)

WHEE released FY2025 Semi-Annual Earnings on August 27 During-Market (BJT), Actual Revenue CNY 4.417 B, Actual EPS CNY 0.2985

WHEE released FY2025 Q2 earnings on August 27 During-Market (BJT), actual revenue CNY 2.452 B, actual EPS CNY 0.1636

WHEE to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

Huaguang Energy's stock price surges over 20% in three consecutive trading days

Guojin Securities Gives Huaguang Energy a Buy Rating

Huaguang Energy has seen a cumulative increase of 33.11% over three days

Huaguang Energy's Stock Experiences Abnormal Fluctuations and Undertakes Share Repurchase

Guokin Securities Gives Huaguang Energy a Buy Rating

Huaguang Energy Registers New Software Copyright for Tekla Auto Labeling Software 1.0

Huaguang Energy Releases 2024 Annual Report and 2025 Q1 Report

Guo Jin Securities: Huaguang Energy's Profits Down But Hydrogen Orders Breakthrough

WHEE released FY2024 earnings on April 28 Pre-Market (BJT), actual revenue CNY 9.113 B (forecast CNY 12.06 B), actual EPS CNY 0.742 (forecast CNY 0.9166)

WHEE plans to invest CNY 692 million to build the WHEE Science and Technology Innovation Center, which will be managed by its wholly-owned subsidiary WHEE Science and Technology Innovation. The registered capital of WHEE Science and Technology Innovation will increase to CNY 150 million, with a project land area of 44,734.5㎡ and a construction area of 69,354.01㎡. The expected construction period is 24 months, with plans to start in December 2025. Of the investment, 20% will be funded by WHEE, and 80% is intended to be financed through banks

Zhitong

WHEE: Plans to invest 692 million yuan to build the WHEE Science and Technology Innovation Center

WHEE signed a contract for a waste heat boiler worth approximately 160 million yuan, with the contract target being the 2×450MW gas turbine combined cycle power plant project in Kampong Cham Province, Cambodia. This contract will not have a significant impact on the company's performance in 2025, but it will help improve future performance. Once the project is completed, the annual power generation is expected to account for one-quarter of Cambodia's total power generation, laying the foundation for the company's expansion in the Southeast Asian clean energy market

WHEE signs a contract for a waste heat boiler worth 160 million yuan

601908

002617

600021

600509

The power sector surged, with ROSHOW hitting the limit up, SEP rising over 5%, and TFNY, JYT, and WHEE following suit

ROSHOW

TFNY

The power sector surged, and ROSHOW reached the daily limit

According to the Zhitong Finance APP, WHEE disclosed its semi-annual report for 2025, showing that the company achieved revenue of 4.417 billion yuan during the reporting period, a year-on-year decrease of 23.30%; net profit attributable to the parent company was 285 million yuan, a year-on-year decrease of 28.16%; net profit excluding non-recurring gains and losses was 258 million yuan, a year-on-year increase of 27.41%; basic earnings per share were 0.3029 yuan

WHEE released its semi-annual performance, with a net profit attributable to the parent company of 285 million yuan, a year-on-year decrease of 28.16%

603098

300724

The A-share photovoltaic concept strengthened, with Daqo New Energy rising over 15%, and Center Int, S.C, WHEE, Tongwei Co., Ltd., and Sungrow Power Supply Co., Ltd. following suit

Daqo New Energy

Center Int

605028

600979

601778

Power concept stocks are showing strength in parts, with SHIMAO ENERGY hitting the limit up, followed by WHEE, SEP, AAA PUBLIC, Jinko Power, Lianmei Holdings, and others rising

SHIMAO ENERGY

AAA PUBLIC

Jinko Power

Power concept stocks show partial strength, SHIMAO ENERGY hits the limit up

002190

605008

600246

600962

AI chip stocks opened high, Vantone NeoDev Group, SHIMAO ENERGY and other stocks hit the daily limit, SDICZL and WHEE both rose over 8%, CITC, Daon Shares, Changhong Polymer and other individual stocks followed suit

CITC

Changhong Polymer

Vantone NeoDev Group

SDICZL

603822

The biomass energy concept has rebounded sharply, with WHEE hitting the limit up, and JAHB, HXN Technology, Shanggao Environmental Energy, Shaoneng Co., Ltd., Jiuzhou Group, Conglin Technology, and others following suit

JAHB

The biomass energy concept fluctuates and rebounds, WHEE hits the limit up

WHEE hit the daily limit and achieved 5 consecutive trading limits, with a cumulative increase of 61.09% over 5 days

WHEE(600475.SH)