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National subsidies activated the "May Day" digital home appliance consumption boom. Manufacturers: "This year's May Day store traffic has doubled!"
① The exchange of old for new has ignited consumer spending during the "May Day" holiday, with significant increases in customer traffic at many stores. ② In the home appliance sector, the trends of large screens, embedded appliances, and Asia Vets consumerism have become prominent; the participation of Huawei and Apple phones, which rarely took part in activities before, has reached unprecedented levels in this year's national subsidies. ③ Analysts believe that in the future, the release of policy bonuses and advancing consumer demand will drive further sales growth in high-end home appliances, health products, and smart categories.
APT ELECTRONICS: ANNUAL REPORT 2024
How high are the current tariffs in the USA? Economists, who are almost driven crazy by Trump, have done the math!
According to recent estimates from industry insiders, the effective tariff rate imposed by the Trump administration on all imports into the USA has now reached between 22% and 27%; The top end of this range (27%) would push the USA's effective tariff rate beyond the level seen in 1903. Even at the lower end (22%), tariffs would reach the highest level since 1910.
APT Electronics' 2024 Profit Surges
Hong Kong stocks fluctuated | Jinko Electronics Co., Ltd. (02551) rose by over 4%, with last year's adjusted net profit increasing by 77.65% year-on-year.
Jinko Electronics (02551) rose over 4%, as of the time of this report, it increased by 4.09%, priced at 4.33 Hong Kong dollars, with a transaction amount of 2.5233 million Hong Kong dollars.
The first financial report of Jinko Electronics after going public: revenue from the three main businesses increased simultaneously, with net income exceeding 0.1 billion yuan in 2025 | Interpretations
① JinkoSolar released its first Earnings Reports after going public, reporting more than 2.5 billion yuan in revenue for the entire last year, with all three core Businesses achieving double-digit growth. ② A relevant person in charge at JinkoSolar stated that the company maintains a relatively cautious attitude towards expanding overseas.
