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We Think Ning Xia Yin Xing EnergyLtd (SZSE:000862) Is Taking Some Risk With Its Debt
Ning xia yin xing energy (000862.SZ): The financial director has changed to Zuo Yan.
On December 6th, according to the company's development needs, after deliberation, the board of directors agreed to no longer appoint Ms. Ma Liping as the company's financial director, while she will still serve as the company's board secretary. Following the nomination by the executive vice president acting as the general manager, the board of directors' nomination committee and the board of directors' audit committee reviewed and the board of directors approved the decision to appoint Mr. Zuo Yan as the company's financial director, with a term starting from the date of this board meeting's approval until the end of the ninth board of directors' term.
Ning xia yin xing energy (000862.SZ): As of now, the installed capacity of completed and operational wind power is 1.6068 million kilowatts.
Ning Xia Yin Xing Energy (000862.SZ) stated in recent investor relations activities that the company is mainly engaged in new energy power generation and new energy equipment business, including wind power generation and cecep solar energy photovoltaic power generation. As of now, the wind power installed capacity is 1.6068 million kilowatts, and the cecep solar energy photovoltaic power generation installed capacity is 0.31 million kilowatts. The new energy equipment business mainly includes tower manufacturing, wind turbine assembly, gearbox maintenance, mining anchor rod manufacturing, and wind power aftermarket services.
Silver Star Energy: Report for the third quarter of 2024
Ning Xia Yin Xing Energy (000862.SZ): Intends to sign the "Distributed Photovoltaic Project Energy Management Agreement" with related parties.
Gelonghui October 28th | Ning Xia Yin Xing Energy (000862.SZ) announced that in order to further expand the company's new energy projects and improve performance, promote the synergistic integration development of green productivity and non-ferrous industries, the company plans to invest RMB 380.86 million in the 11 subsidiaries (hereinafter referred to as affiliates) under the actual control of China Aluminum Corporation of China's rooftop and idle land to build a distributed photovoltaic power generation project with a capacity of 138.748MWp, and sign 'Distributed Photovoltaic Power Generation Project Energy Management Agreement' with affiliates respectively. Ning Xia Yin Xing Energy is responsible for the design, investment, construction, and operation of the distributed photovoltaic project.
Ning Xia Yin Xing Energy (000862.SZ): The net income in the first three quarters was 0.191 billion yuan, a 5.65% decrease year-on-year.
Ning Xia Yin Xing Energy (000862.SZ) announced its third quarter report for 2024 on October 28th, 10. The company achieved revenue of 0.93 billion yuan in the first three quarters, a year-on-year decrease of 11.08%; net income attributable to shareholders of the listed company was 0.191 billion yuan, a year-on-year decrease of 5.65%; net income attributable to shareholders of the listed company excluding non-recurring gains and losses was 0.167 billion yuan, a year-on-year increase of 9.48%; basic earnings per share was 0.2076 yuan.
Ning Xia Yin Xing EnergyLtd (SZSE:000862) Has Some Way To Go To Become A Multi-Bagger
