FilingReader Intelligence

Hi-Target navigates challenges, prioritizes core business in 2024

April 15, 2025 at 05:54 PM UTCBy FilingReader AI

Guangzhou Hi-Target Navigation Tech (SZSE:300177) released its 2024 annual financial results, detailing a year of strategic shifts amidst challenging conditions. While revenue saw a modest increase of 2.8% to CNY1,219.55 million, the company reported a net loss attributable to shareholders of CNY12.45 million. To address these challenges, Hi-Target is prioritizing its core high-precision positioning business, aiming for improved profitability and cash flow.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Supplementary Source Documents

Xinhuishibaozi [2025] No. ZM10032 - Internal Control Audit Report of Guangzhou Zhonghaida Satellite Navigation Technology Co., Ltd. in 2024April 15, 2025 at 01:11 PM UTC
2024 Annual Financial ReportApril 15, 2025 at 01:11 PM UTC
2024 Annual ReportApril 15, 2025 at 01:11 PM UTC
Independent Financial Advisor's Report on Matters Related to the Failure to Satisfy the First Vesting Conditions of the 2024 Class II Restricted Stock Incentive Plan of Guangzhou Hi-Target Satellite Navigation Technology Co., Ltd.April 15, 2025 at 01:11 PM UTC
2024 Annual Audit ReportApril 15, 2025 at 01:11 PM UTC
Announcement on the 2025 Remuneration Plan for Directors, Supervisors and Senior ManagementApril 15, 2025 at 01:11 PM UTC
Announcement on Provision for Impairment of Assets and Write-off of Assets in 2024April 15, 2025 at 01:11 PM UTC
Feasibility analysis report on developing foreign exchange derivative hedging businessApril 15, 2025 at 01:11 PM UTC
2024 Goodwill Impairment Test ReportApril 15, 2025 at 01:11 PM UTC
Announcement on the extension of the investment projects of raised funds and the adjustment of investment structure and investment amountApril 15, 2025 at 01:11 PM UTC
Special statement on the plan not to distribute profits in 2024April 15, 2025 at 01:11 PM UTC
2024 Annual Report of the Board of DirectorsApril 15, 2025 at 01:11 PM UTC
Guojin Securities' review opinion on the extension of Zhonghaida's raised funds investment projects and the adjustment of investment structure and investment amountApril 15, 2025 at 01:11 PM UTC
Summary of non-operating capital occupation and other related capital transactions in 2024April 15, 2025 at 01:11 PM UTC
Announcement on the Company's Application for Comprehensive Credit Line from Financial Institutions and Provision of Corresponding Guarantees in 2025April 15, 2025 at 01:11 PM UTC
Announcement on the Company's Launch of Foreign Exchange Derivative Hedging BusinessApril 15, 2025 at 01:11 PM UTC
Announcement on the Failure to Satisfy the Vesting Conditions in the First Vesting Period of the 2024 Class II Restricted Stock Incentive Plan and the Cancellation of Certain Restricted Stocks Granted but Not Yet VestedApril 15, 2025 at 01:11 PM UTC
Xinhuishibaozi [2025] No. ZM10033 - Special report on the occupation of non-operating funds and other related-party capital transactions of Guangzhou Zhonghaida Satellite Navigation Technology Co., Ltd.April 15, 2025 at 01:11 PM UTC
2024 Annual Report SummaryApril 15, 2025 at 01:11 PM UTC
Announcement on providing entrusted loans to holding subsidiariesApril 15, 2025 at 01:11 PM UTC
Announcement on the use of part of idle raised funds and own funds by the company and its subsidiaries for cash managementApril 15, 2025 at 01:11 PM UTC
Announcement on Changes in Accounting PoliciesApril 15, 2025 at 01:11 PM UTC
Articles of Association (revised in April 2025)April 15, 2025 at 01:11 PM UTC
Announcement of Board ResolutionsApril 15, 2025 at 01:11 PM UTC
Xinhuishibaozi [2025] No. ZM10035 - Attestation Report on the 2024 Annual Operating Income Deduction Statement of Guangzhou Zhonghaida Satellite Navigation Technology Co., Ltd.April 15, 2025 at 01:11 PM UTC
Announcement on the proposed renewal of the accounting firmApril 15, 2025 at 01:11 PM UTC
Xinhuishibaozi [2025] No. ZM10034 - Certification Report on the Special Report on the Deposit and Use of Raised Funds of Guangzhou Zhonghaida Satellite Navigation Technology Co., Ltd.April 15, 2025 at 01:11 PM UTC
Guojin Securities' review opinion on Zhonghaida and its subsidiaries' use of part of idle raised funds and own funds for cash managementApril 15, 2025 at 01:11 PM UTC
Notice on convening the company's 2024 annual shareholders' meetingApril 15, 2025 at 01:11 PM UTC
Announcement of Supervisory Board ResolutionApril 15, 2025 at 01:11 PM UTC
Special report on the deposit and use of raised funds in 2024April 15, 2025 at 01:11 PM UTC
2024 Internal Control Self-Assessment ReportApril 15, 2025 at 01:11 PM UTC
Indicative Announcement on the Disclosure of the 2024 Annual ReportApril 15, 2025 at 01:11 PM UTC
Report of the Audit Committee of the Board of Directors on the performance evaluation of the accounting firm in 2024 and the performance of its supervisory responsibilitiesApril 15, 2025 at 01:11 PM UTC

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