000932 Hunan Valin Steel
- 4.50
- +0.07+1.58%
Hunan Valin Steel News
Hunan Valin Steel (000932.SZ): China Agricultural Bank, one of the top ten shareholders, has conducted margin brokers business. The controlling shareholder, Hunan Steel Group, has not conducted margin brokers business.
Hunan Valin Steel (000932.SZ) stated on the investor platform on June 18th that the company has disclosed the participation of shareholders with more than 5% holding, top 10 shareholders, and top 10 unrestricted circulation shareholders in the margin trading business lending of stocks in the first quarter report of 2024. One of the top ten shareholders, Agricultural Bank of China Limited, has carried out margin trading business with China Securities 500 Index Open-End Securities Investment Fund. The company's controlling shareholder Huanan Valin Steel Group and concerted action parties did not engage in margin trading business.
Hunan Valin Steel (000932.SZ): In terms of silicon steel used in new energy car drive motors, it has already achieved small-scale supply to some automakers.
Hunan Valin Steel (000932.SZ) stated on the investor platform on June 11 that the first phase of the Liangang non-oriented silicon steel project has been put into operation by the end of June 2023, with all products positioned in the mid-to-high-end non-oriented silicon steel market and mainly targeted at the three major fields of household electric machines, industrial electric machines, and new energy automobile drive motors. Certification work in the household and industrial electric machine fields is progressing smoothly; as for the silicon steel used in new energy automobile drive motors, small quantities have already been supplied to some car manufacturers, and certification work is currently being accelerated.
Hunan Valin Steel (000932.SZ): In recent years, the company's profit and net asset return rate have remained among the top in the industry.
On June 6, Gelunhui reported that Hunan Valin Steel (000932.SZ) stated on the investor interaction platform that in recent years, the company has adhered to a differentiation strategy and continuously invested in the direction of transformation and upgrading of demand in the field of industrial steel in China. In recent years, capital expenditures have mainly revolved around three categories: ultra-low emission transformation, production line upgrade and product structure adjustment, and digitalization. The company has successively implemented key projects such as the second phase of the automotive board project, the thick plate billet continuous casting machine project, and cold-rolled silicon steel, laying a good foundation for the further high-end product structure of the company. At the same time, the company adheres to investment in R&D of new products, with dozens of products replacing imports or filling domestic gaps every year.
Hunan Valin Steel (000932.SZ): Not yet participated in iron ore futures trading in the Singapore market.
On June 6th, Valin Steel (000932.SZ) stated on an investor platform that the company adheres to low inventory operation of raw materials and purchases on demand. At the same time, the company carries out hedging operations in accordance with relevant regulations and operational management to cope with fluctuations in raw material prices. The company has not yet participated in iron ore futures trading in the Singapore market.
Hunan Valin Steel (000932.SZ) will distribute a cash dividend of 2.3 yuan per share for 2023. The equity registration day is June 12th.
Hunan Valin Steel (000932.SZ) announced that the company's 2023 annual equity distribution plan is: based on the company's current total share capital of 6,908,632,499 shares, a cash dividend of RMB 2.30 per 10 shares will be distributed to all shareholders (including taxes). The equity distribution record date for this issue is June 12, 2024, and the ex-dividend date is June 13, 2024.
CICC: The pace of energy saving and carbon reduction transformation may speed up, and the profit distribution pattern of the steel industry chain is expected to improve
The erosion of steel profits by furnace materials in the bottom cycle of this round is obvious. As production regulation progresses, profit distribution in the industrial chain may change, and pressure on the raw material side is expected to weaken.
Improved Earnings Required Before Hunan Valin Steel Co., Ltd. (SZSE:000932) Shares Find Their Feet
CICC: At present, the industry has a high margin of safety, and 24Q2 is optimistic about the repair of core assets in steel manufacturing
The Zhitong Finance App learned that CICC released a research report saying that the current manufacturing industry outlook indicators have improved. Looking ahead, demand expectations are expected to be repaired, and it is difficult to falsify in the short term. Leading steel companies in the underestimated manufacturing industry may usher in a gradual recovery in profits and valuations, and excess profits can be expected. In terms of targets, it is recommended to focus on three main lines: 1) Underestimated steel “core assets” with a bottom layout, focusing on Baosteel shares. It is recommended to focus on Nangang Steel (600282.SH) and Valin Steel (000932.SZ). 2) A leading company in new special steel materials, focusing on recommending Tiangong International, a global tool and tool steel leader with high growth
Hunan Valin Steel Co., Ltd.'s (SZSE:000932) Largest Shareholders Are Private Companies With 44% Ownership, Individual Investors Own 42%
CICC: The industry is expected to repair leading steel manufacturing companies or to gradually recover profits and valuations
CICC released a research report stating that at present, the domestic manufacturing industry has maintained a positive recovery momentum. Previously, due to the decline in the real estate market, the market's demand expectations for the industry were still pessimistic. Looking ahead, the steel industry is expected to recover.
Guosheng Securities: Crude steel production is falling back, and the pace of chemical bonds is expected to accelerate, and undervalued steel companies have future repair opportunities
Most of the steel sector belongs to the smelting and processing industry. Although the resource attributes are lower than the upstream extractive industry, some companies are currently in an undervalued area, and there are opportunities for future restoration.
Valin Steel (000932.SZ): It is expected that by the end of 2025, the share of special steel sales in the company's industrial wire bars will increase by 20% to about 25%-30% at the end of 2023
Gelonghui, April 9 | Valin Steel (000932.SZ) said on the investor interactive platform that the steel industry situation in the first quarter of this year was still very serious. Downstream construction started slowly after the holiday season, and total investment in key projects declined markedly year-on-year; in addition, with the end of early overseas inventory replenishment, overseas steel demand and prices also declined. The profit data of the ferrous metal smelting and rolling processing industry from the Bureau of Statistics and the profit data of large and medium-sized member companies of the China Steel Association all simultaneously point to a further narrowing of the industry's profits and the gradual expansion of losses. There is an expectation that the economy will recover and demand will improve in the future. The first step of the silicon steel project in June 2023
Earnings Troubles May Signal Larger Issues for Hunan Valin Steel (SZSE:000932) Shareholders
Earnings Miss: Hunan Valin Steel Co., Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts
Hunan Valin Steel (SZSE:000932) Is Reinvesting At Lower Rates Of Return
Valin Steel (000932.SZ): The company has a complete range of products, which can be used in construction machinery, equipment manufacturing, home appliances and other fields
Gelonghui March 11 | Valin Steel (000932.SZ) said on the investor interactive platform that the country's proposed policies such as equipment renewal and home appliance trade-in will support steel demand and benefit the steel and other industries. The company has a complete range of products and a wide range of downstream applications, which can be used in construction machinery, equipment manufacturing, home appliances and other fields. The company will actively seize changes in downstream demand and order opportunities, and promote the upgrading of the variety structure and efficiency of grade steels.
These 4 Measures Indicate That Hunan Valin Steel (SZSE:000932) Is Using Debt Extensively
Valin Steel (000932.SZ): Will carry out regular technical cooperation and exchanges with Hunan Iron and Steel Group Technical Research Institute
Gelonghui, February 22丨An investor asked Valin Steel (000932.SZ) on the investor interactive platform, “Are there any exchanges and cooperation between Hunan Iron and Steel Group Technology Research Institute and the company?” The company replied that the company's R&D department is close to the production line and focuses on applied research and development in the main steel industry. The Hunan Iron and Steel Group Technology Research Institute is mainly dedicated to research on advanced materials and forward-looking and basic technologies. The company will carry out regular technical cooperation and exchanges with the Hunan Iron and Steel Group Technical Research Institute to continue to promote scientific and technological innovation and the high-quality development of the company.
CICC: At the bottom of history, the steel industry is more optimistic that manufacturing steel companies will take the lead in breaking out of the profit trough
There is no need to be pessimistic about the bottom of expectations and reality.
Valin Steel (000932.SZ): High-end automobile boards of the subsidiary Auto Board Joint Venture and some industrial wire bars of Valin Xianggang are used in the field of new energy vehicles
Gelonghui, Feb. 6 | Valin Steel (000932.SZ) said on the investor interactive platform that the subsidiary Auto Board Joint Venture's high-end automotive panels and some industrial wire rods of Valin Xianggang are used in the NEV sector. Among them, the products of the Auto Panel Joint Venture mainly use the global technical advantages of our partner ArcelorMittal to focus on the high-end automotive steel market, meet the higher safety, light weight, corrosion resistance and emission reduction requirements in the automotive industry, establish differentiated competitive advantages in segmented fields, and provide customers with a comprehensive package of services and solutions, such as providing customers with integrated door rings welded from multiple steel plates, etc.
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