Decrease in revenue but increase in profits! Contemporary Amperex Technology will generate over 50 billion in 2024｜Interpretations
① In 2024, Contemporary Amperex Technology's performance will see a decrease in revenue but an increase in profit, with a Net income reaching 50.7 billion yuan; ② The Battery Business remains the largest source of revenue for Contemporary Amperex Technology; ③ The inventory impairment reserve of Contemporary Amperex Technology has significantly increased compared to the previous year.
Dramatic scene! Shanghai Kinetic Medical is being sued by the chairman's own company, escalating the equity repurchase dispute to judicial contention.
① Shanghai Xinchengyi, controlled by Yuan Zheng, has sued Shanghai Kinetic Medical, chaired by Yuan Zheng, requesting the annulment of the previous Board of Directors resolution; ② Lawyers believe that share buyback is a significant matter for the company, directly affecting the interests of small and medium shareholders, and this lawsuit also sends a signal of corporate governance risk to the market; ③ In the current predicament of Shanghai Kinetic Medical, the protection of small and medium investors' interests is urgent and it is necessary to ensure that the opinions of all shareholders are treated fairly.
The Semiconductors industry is experiencing a significant restructuring! New Semiconductor is planning to fully acquire Aishengsheng, signaling the emergence of a chip giant.| Read the announcement.
① The A-share display chip Sector may welcome a new giant, as Xinxiang Micro has disclosed a restructuring plan to acquire 100% of the equity of Aisheng. ② Xinxiang Micro and Aisheng focus on the display chip field, which allows for effective integration of Business and also enables collaboration and strategic synergy with its important Shareholder, Peking Electronic Control, in the semiconductor display sector. ③ Peking Electronic Control has been active recently and is actively seeking control of another publicly listed company, Kingsemi Co., Ltd.
The "King Ning" is heading towards a new battlefield.
Reconstruct the Global Industry Chain.
In the contract dispute case, a compensation of 0.353 billion yuan was ruled against Chongqing Brewery, which expressed dissatisfaction and stated that "it will firmly appeal" | Quick reading of the announcement.
① Due to a contract dispute, Chongqing Brewery was ruled in the first instance to pay approximately 0.353 billion yuan to the joint venture company Chongqing Jiawei, which Chongqing Brewery disagrees with and stated it will firmly appeal. ② This first-instance judgment may reduce Chongqing Brewery's net income attributable to parent company last year to about 1.115 billion yuan. ③ Currently, Chongqing Brewery is still involved in several significant lawsuits with Chongqing Jiawei and its related parties, involving an amount of approximately 0.734 billion yuan.
Mining equipment "going abroad" accelerates, Citic Heavy Industries' total overseas effective orders in 2024 hit a new high | Interpretations
① Citic Heavy Industries achieved a revenue of 8.034 billion yuan last year, a year-on-year decline of 15.93%. The net income after deduction for non-recurring gains and losses was 0.398 billion yuan, an increase of 34.41% year-on-year; ② The company's overseas revenue grew rapidly, with the company achieving over 80% year-on-year growth in overseas effective orders last year.