How will the 30% reduction in production of photovoltaic glass by the major factory impact? Flat Glass Group: Customer purchasing intentions are stable | Highlights from the earnings conference.
1. Market rumors: Xinyi Solar and Flat Glass Group, along with ten other photovoltaic glass giants, jointly reduce production by 30%. Ruan Hongliang, the director of Flat Glass Group, denied the joint production cut and emphasized that it was an individual company action; 2. The reduction in production by the giants did not boost demand. The company stated that the purchasing intention of downstream customers remained stable on a month-on-month basis; 3. The price reduction of photovoltaic glass has caused investors to worry about the company's performance in the second half of the year.
The Ministry of Industry and Information Technology plans to implement large-scale digital transformation and upgrading of equipment, which will catalyze the industrial software sector.
The Ministry of Industry and Information Technology is soliciting public opinions on the 'Implementation Plan for the Digital Transformation of Light Industry (Draft for Solicitation of Comments)'. It proposes to promote the application of programmable logic controllers (PLC), distributed control systems (DCS), and other industrial control systems, industrial robots, intelligent testing equipment, manufacturing execution systems (MES), and intelligent equipment automation.
Two shipbuilding stocks with market caps of hundreds of billions will undergo restructuring! china cssc plans to merge with china shipbuilding industry.
①The method of this merger is that China CSSC plans to issue A-share stocks to all shareholders of China Shipbuilding Industry for stock-for-stock absorption and merger. ②As of today's close, the total market value of China CSSC is 156.1 billion yuan, and the total market value of China Shipbuilding Industry is 113.6 billion yuan.
Breaking news! Dragonhead, the leader in the research, development, design, and manufacturing of 110 billion ships, is planning to merge with China CSSC through stock absorption. | Post-market announcement highlights.
China CSSC: Currently planning to merge with China Shipbuilding Industry. Stocks will be suspended from trading starting tomorrow.
Longi Green Energy Technology: It is expected that the price of silicon wafers has reached its lowest point and will only increase in the future, not decrease. | Live coverage of the earnings conference
①Longi green energy technology releases confidence to investors. Considering the current situation in the industry where cash costs are generally in a loss, the price of silicon wafers will only rise, not decrease. ②However, the management believes that all links currently face ongoing operational pressure, and the timing of price adjustments remains unclear.
Component quantity increased and prices decreased. Trina Solar Co., Ltd. saw a decline in revenue and net profit in the first half of the year, with inventory value exceeding 30 billion yuan.
①In the first half of the year, the company's module shipments were 34GW, a year-on-year increase of over 25%; correspondingly, module revenue was 30.057 billion yuan, a year-on-year decrease of 11.52%. During the reporting period, the company recorded inventory impairment losses and impairment losses on contract performance costs of 0.502 billion yuan; ②The company's Indonesia base (1GW batteries, 1GW modules) and usa base (5GW modules) are expected to be put into operation in the second half of 2024.