BQ

• Financial Performance Overview: Boqii Holding Limited reported total revenues of RMB249.7 million (US$35.6 million) for the first half of fiscal 2025, a decrease from RMB389.4 million in the same period last year, while net loss decreased by 21.6% to RMB29.6 million (US$4.2 million).

• Strategic Initiatives and Cost Management: The company focused on enhancing profitability through private label growth, cost-saving measures, and operational efficiency, resulting in improved gross margins and reduced operating expenses compared to the previous year.

• Financial Performance: Boqii Holding Limited reported a total revenue of RMB249.7 million for the first half of fiscal 2025, reflecting a decline from the previous year, but achieved a 21.6% reduction in net losses and a 14.7% decrease in operating losses due to strategic shifts towards profitability and operational efficiency.

• Company Overview: Boqii Holding, a leading pet-focused platform in China, offers a variety of pet products through its own private labels and third-party e-commerce sites, maintaining a market cap of $4.08M and a consensus rating of "Buy."

• Dogness Financial Performance: Dogness reported a revenue decline of 15.6% to $14.8 million for the fiscal year ending in June, marking its second consecutive annual loss, while facing challenges from competition and reduced consumer spending on pet products in China.

• Stock Market Activity: Despite its financial struggles, Dogness' stock price surged over tenfold since February, largely due to a $5 million private placement, raising concerns about the sustainability of its high market valuation amidst shrinking sales.

• Annual Report Filing: Boqii Holding Limited filed its annual report on Form 20-F for the fiscal year ending March 31, 2024, with the SEC on October 29, 2024, which is accessible on their investor relations and SEC websites.

• Company Overview: Boqii is a leading pet-focused platform in China, offering a wide range of high-quality pet products through its online sales platforms and community engagement initiatives.

• Conagra Brands, Inc. Financials: Conagra Brands, Inc. saw a decline in shares after reporting lower-than-expected fourth-quarter sales and issuing FY25 adjusted EPS guidance below estimates.
• Stock Movements: Various companies experienced significant stock movements, with Kazia Therapeutics Limited, Biodexa Pharmaceuticals Plc, Volcon, Inc., and others seeing notable increases, while others like Inspire Veterinary Partners, Cingulate Inc., and Delta Air Lines, Inc. faced declines.

• Pre-Market Stock Movers: Highlighting the significant stock movements before the market opens on Monday.
• Top Gainers: Summarizing the top gaining stocks in pre-market trading, including Inno, Koninklijke Philips, and XTL Biopharmaceuticals.
• Top Losers: Detailing the major declining stocks in pre-market trading, such as Bakkt, Marex, and Clever Leaves.
• Elon Musk's China Visit: Mentioning the positive impact of Elon Musk's trip to China on Tesla-related stocks like GraniteShares 2x Long TSLA Daily ETF.
• General Market Trends: Providing insights into the overall market trends based on the pre-market movements of various stocks.

• Koninklijke Philips N.V. PHG: Shares rose sharply in pre-market trading after reporting first-quarter results and resolving a personal injury litigation for $1.1 billion.
• Other Stocks Moving: Various stocks saw significant movements in pre-market trading:
  • Inno Holdings Inc. INHD gained 33.8%
  • Ryde Group Ltd. RYDE gained 25.9%
  • Akanda Corp. AKAN climbed 21.4%
  • Ocean Biomedical Inc OCEA rose 15.7%
  • Wisekey International Holding AG – ADR WKEY shares rose 15.2%
  • SolarBank Corp SUUN gained 14.1%
  • Fulton Financial Corporation FULT jumped 10.8%
  • ImmunityBio, Inc. IBRX gained 10.6%
• Tesla, Inc. TSLA: Shares gained 7.3% in pre-market trading; the company is reportedly laying off employees and increasing the price of its new Model 3 Performance.
• Bakkt Holdings, Inc. BKKT: Fell 92.2% due to a recent reverse stock split announcement.
• Other Declining Stocks: Several stocks experienced declines in pre-market trading:
  • Clever Leaves Holdings Inc. CLVR fell 56.8%
  • Addex Therapeutics Ltd ADXN fell 50.3%
  • iSun, Inc. ISUN fell 18.9%
  • Boqii Holding Limited BQ fell 16.7%
  • NuZee, Inc. NUZE fell 16%
  • Cyclacel Pharmaceuticals, Inc. CYCC fell 13.3%
  • Biodexa Pharmaceuticals Plc BDRX fell 12.3%
  • Nature Wood Group Limited NWGL fell 11.8%
  • mF International Limited MFI fell 10.3%

• DoorDash Financial Results: DoorDash, Inc. reported mixed financial results for the fourth quarter, causing its shares to fall by 12.2%.
• Stocks on the Rise: Various stocks surged in today's mid-day session, including Gaxos.ai Inc., Fusion Fuel Green PLC, Pop Culture Group Co., and others.
• Stocks on the Decline: Several stocks experienced declines, such as China Natural Resources, JX Luxventure Limited, Semper Paratus Acquisition Corporation, and more.
• Company Performance: Companies like Backblaze, Toast, Coinbase Global, and others saw their stock prices rise due to better-than-expected financial results.
• Negative Performances: Companies like Roku, Trupanion, Dropbox, and others witnessed a decline in their stock prices following their respective financial reports.

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• Late Filing Notification: The registrant has filed a Form 12b-25 to notify the SEC that it is unable to file its Form 20-F for the fiscal year ended March 31, 2024, on time due to the need for additional time to complete the audit following a change in auditors.

• Impact on Financial Results: The registrant anticipates significant changes in its results of operations compared to the previous fiscal year, but cannot provide a reasonable estimate at this time because the new auditor has not yet commenced the audit.

• Company Changes Auditors: Boqii Holding Limited appointed Assentsure PAC as its new independent registered public accounting firm and dismissed PricewaterhouseCoopers Zhong Tian LLP, effective immediately, following reportable events advised by PwC.

• Filing Information: This report is filed under Form 6-K and will be incorporated by reference into Boqii's Registration Statement on Form F-3.

• DoorDash Financial Results: DoorDash, Inc. (NASDAQ:DASH) reported mixed financial results for Q4, causing a 12.2% drop in its shares.
• Stock Gainers: Several stocks surged in today's mid-day session, including Gaxos.ai Inc., Fusion Fuel Green PLC, and Pop Culture Group Co., among others.
• Stock Losers: Some stocks experienced significant declines, such as China Natural Resources, Inc., JX Luxventure Limited, and Semper Paratus Acquisition Corporation.
• Company Performance: Companies like Toast, Inc., Coinbase Global, Inc., and Applied Materials, Inc. saw stock price increases due to positive financial reports.
• Analyst Actions: Raymond James analyst downgraded Carvana Co., while Guggenheim analyst downgraded SunPower Corporation based on performance evaluations.