BOE Technology Group announces half-year results, equity adjustments

BOE Technology Group reported a total revenue of 101.28 bn yuan and a net profit attributable to shareholders of 3.25 bn yuan for the first half of 2025. This represents a revenue increase of 8.45% and a net profit increase of 42.15% compared to the same period last year. The company's total assets stood at 425.8 bn yuan, with shareholder equity at 132.99 bn yuan.

The company also announced a half-year asset impairment provision totaling 245.89m yuan, impacting net profit by 78.94m yuan after tax and minority interests. This provision primarily addresses inventory and fixed asset impairments.

Key corporate actions include the adjustment of the exercise price for the 2020 stock option and restricted stock incentive plan, following a 2024 annual dividend distribution of 0.05 yuan per share. The exercise price for initially granted options is now 4.979 yuan per share, and for pre-granted options, it is 5.479 yuan per share. Additionally, the third exercise period for pre-granted stock options has been met, with 73 employees eligible to exercise 7,046,622 stock options. The company plans to convene a second extraordinary general meeting on September 16, 2025, to discuss changing the registered capital and amending the company’s articles of association.