Dahua Technology 2024 Profit Falls 61%, Revenue Inches Down

2024 revenue was ¥32.18 billion (–0.12% YoY), with net profit at ¥2.91 billion (–60.53% YoY) due to a high base in 2023. Innovative business and overseas revenue grew, while R&D investment rose to 13.09% of revenue. Cash dividend of ¥4.58 per 10 shares proposed.

Original document: Zhejiang Dahua Technology Co. Ltd. Class A [002236] Annual Report — Mar. 29 2025

Revenue was stable at ¥32.18 billion, but net profit fell 60.53% year-over-year due to a high base in 2023 from non-recurring gains. Innovative business lines grew 13.44%, and the company maintained strong R&D investment and a robust cash position.

Original document: Zhejiang Dahua Technology Co. Ltd. Class A [002236] Annual Report — Mar. 29 2025

The US Federal Communications Commission probed Chinese companies placed under the commission's "covered list" to find out whether they are circumventing US restrictions, it said Friday.

The companies could still be operating in the US because they do not believe the designation disallows certain types of operations, Chairperson Brendan Carr said.

"Some or all of these Covered List entities are trying to make an end run around those FCC prohibitions by continuing to do business in America on a private or 'unregulated' basis," Carr said.

Among those under the covered list include Huawei, ZTE , Hytera Communications , Hikvision , China Mobile's China Mobile International USA, China Telecom's China Telecom (Americas), Dahua Technology , and China Unicom's China Unicom (Americas).

The FCC will move to close what it calls loopholes that have allowed 'untrustworthy, foreign adversary state-backed actors to skirt our rules," Carr said.

The US Federal Communications Commission probed Chinese companies placed under the commission's "covered list" to find out whether they are circumventing US restrictions, it said Friday.

The companies could still be operating in the US because they do not believe the designation disallows certain types of operations, Chairperson Brendan Carr said.

"Some or all of these Covered List entities are trying to make an end run around those FCC prohibitions by continuing to do business in America on a private or 'unregulated' basis," Carr said.

Among those under the covered list include Huawei, ZTE , Hytera Communications , Hikvision , China Mobile's China Mobile International USA, China Telecom's China Telecom (Americas), Dahua Technology , and China Unicom's China Unicom (Americas).

The FCC will move to close what it calls loopholes that have allowed 'untrustworthy, foreign adversary state-backed actors to skirt our rules," Carr said.

Zhejiang Dahua Technology will cease operating five projects with local governments in China's Xinjiang region.

The company will proceed with the disposal and cleanup work related to equity, creditor's rights and debts, according to a Dec. 24 filing with the Shenzhen bourse.

Some of the projects were terminated ahead of schedule, and some were still in the operation and maintenance period. No reason was given for the termination.

The video surveillance equipment manufacturer's shares rose 3% in recent trade.

Zhejiang Dahua Technology will cease operating five projects with local governments in China's Xinjiang region.

The company will proceed with the disposal and cleanup work related to equity, creditor's rights and debts, according to a Dec. 24 filing with the Shenzhen bourse.

Some of the projects were terminated ahead of schedule, and some were still in the operation and maintenance period. No reason was given for the termination.

The video surveillance equipment manufacturer's shares rose 3% in recent trade.