In line with expectations:Strong VIP volume growth,mass lagging In line with expected: Prop. sales ahead of target, infrastructure stable 1H16 first cut: Results broadly in line, rising competition in the auto line looks not fairly priced in 1H16 results beat - 2Q swings back to core profits 1H16 first cut: Still little value addition from Life/ Health, Challenging P&C underwriting outlook A stumble up the transition path Downside risk from Sinopec's steeper production cuts and 61% capex reduction in 1H16 points to more pressure for 2H16 1H16 results in line; no immediate regulatory risk 每日晨报 1H16 results miss; upgrading on valuation grounds

多渠道布局战略构建业绩韧性 2024年三季报业绩点评：盈利能力稳步修复，成长动力充足 公司信息更新报告：Q3业绩实现亮眼增长，充分受益于通信能源长期成长 公司季报点评：3Q24收入降1.2%，业态逐步完善关注业绩拐点 扣非净利润高增，“电力+算力”战略稳步推进 业绩稳中有升，矿山运维合同高增长 产销回补业绩稳健，分红成长双逻辑可期 3Q业绩符合预期，看好公司长期价值 2024三季报点评：疆内市场短期承压，关注营销改革节奏 主业产能稳步扩张，新业拓展构建增量