Guangsteel Gas expects increased revenue but not profit in 2024 while actively expanding the international Business of helium.
① The decline in profits is mainly attributed to fluctuations in the helium market, resulting in a year-on-year decrease in the company's helium Business sales revenue and gross profit; ② On the same day, Guanggang Gas announced that Hong Kong Guanggang is procuring helium from Qatar Energy, and several of the company's businesses are making progress in 2024, with industry expectations indicating that the overall helium market price is expected to remain stable in 2025.
Affected by the slowdown in Global market demand, Youyan Silicon's revenue will increase in 2024, but profit will not.
① Yuyuan Silicon stated that during the reporting period, the competition in the domestic market of the Semiconductors Industry intensified, and the recovery expectations for the export market are uncertain due to geopolitical influences; ② A representative from the board secretary's office of Yuyuan Silicon indicated that one of the significant factors affecting the company's product exports is the restrictions from the USA's import and export trade policies. It is still uncertain when the related policy restrictions will be lifted.
Due to intensified market competition and fluctuations in raw material prices, Ningbo Ronbay New Energy Technology expects both revenue and net profits to decline in 2024.
① According to the performance forecast by Ningbo Ronbay New Energy Technology, it is estimated that the net income attributable to the parent company in the fourth quarter of 2024 will reach 0.176 billion yuan, which would be the highest quarterly profit in 2024; ② Ningbo Ronbay New Energy Technology disclosed that the second phase of its South Korea factory is expected to begin trial production in the first half of this year; breakthroughs are anticipated in the precursor product line this year; the layered oxide material is expected to achieve large-scale mass production and delivery within the year.
The demand for 6-inch conductive Silicon Carbide is expanding, and Tianyue Advanced expects to turn losses into profits in 2024.
① A person from Tianyue Advanced Secretary Office stated that the company currently relies on 6-inch conductive Silicon Carbide substrate products as its main source of income; regarding 8-inch conductive Silicon Carbide substrate products, the company has had products available since the fourth quarter of 2024 and is now capable of bulk shipping; ② In November 2024, Tianyue Advanced launched 12-inch N-type Silicon Carbide substrate products, which is currently the largest size of Silicon Carbide substrate globally.
Star Evening News | Baiwei Storage expects to turn losses into profits in 2024. Aisen Co., Ltd. and Fumiao Technology will be suspended from trading tomorrow.
① The Ministry of Commerce responds to the U.S. hope of owning 50% of TikTok's shares; ② The Dutch Prime Minister indicates that export policies to China should be decided independently; ③ ByteDance launches a long-term research project on AGI codenamed SEED Edge.
Trading will be suspended starting tomorrow! Aisen Co. plans to acquire the controlling stake of Banue New Materials, with the symbol being an OLED materials and photoresist manufacturer.
① Aisen Co., Ltd. is planning to acquire control of Bano New Materials through the issuance of shares and cash payments; Bano New Materials is a company specializing in organic optoelectronic materials and photoresist electronic Chemicals. ② Aisen Co., Ltd. has been making frequent external investments recently. It announced in October 2024 its intention to acquire 80% of Malaysia's INOFINE for 14 million Malaysian Ringgit. It announced on the evening of January 2, 2025, that this acquisition has been completed.