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Lates News

date
02/09/2025
China Earthquake Networks Center officially determined: a 4.7 magnitude earthquake occurred in Keping County, Aksu Prefecture, Xinjiang at 15:58 on September 2, with a focal depth of 17 kilometers.
Latest
2 m ago
Microsoft: It is expected that the value of the service business will reach $6 billion in the next three years.
2 m ago
Microsoft: It is expected that the value of the service business in the next three years will reach 6 billion US dollars.
2 m ago
Jinli Permanent Magnet (06680.HK) spent 90.17 million yuan on September 2 to repurchase 2.3364 million A shares.
3 m ago
Li Bin: NIO's new generation of products have sufficient cost competitiveness.
3 m ago
On September 2nd, Li Bin stated during NIO's 2025 second quarter earnings call that the company's long-term goal is to achieve a 20% gross profit margin. The NIO brand aims to achieve a 20% gross profit margin and strive towards 25% on this basis. The Lepard brand will strive for a higher gross profit margin on the basis of a 15% gross profit margin. The Firefly brand has a gross profit margin of around 10%. The company has already made sufficient preparations in product definition to provide strong cost support for aggressive pricing. NIO's new generation of products are cost competitive, based on long-term self-developed technology accumulation and cost control measures to achieve cost reduction capabilities.
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