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Hainan Development HoldingsNanhai (SZSE:002163) Has Debt But No Earnings; Should You Worry?
Hainan Development (002163.SZ): Its subsidiary, Haikong Sanxin, a major shareholder, has shut down its 650-ton kiln for maintenance and repair.
Hainan Development (002163.SZ) announced on September 9th that its subsidiary, Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd. (referred to as "Haikong Sanxin"), has recently stopped kiln operation and carried out cold repairs on a kiln with a capacity of 650 tons. Due to intensified market competition and the fact that the kiln with a capacity of 650 tons at Haikong Sanxin has entered a new cold repair period soon after the previous cold repair, the kiln and related ancillary equipment have aged to some extent. In view of this, Haikong Sanxin has implemented the kiln shutdown and cold repair for the 650-ton kiln. This shutdown effectively controls the operating losses of the photovoltaic glass products, facilitates the inventory turnover, and brings back funds. Therefore, although this kiln shutdown will have an overall impact on the business revenue, it is a necessary measure to ensure the sustainable development of the company.
Hainan Development: 2024 Semi-Annual Report Summary
Hainan Development: 2024 Semi-Annual Report
Hainan Development Holdings (002163.SZ) released its half-year performance, with a net loss of 42.9679 million yuan.
hainan development holdings nanhai (002163.SZ) released the 2024 interim report. During the reporting period, the company achieved revenue...
Hainan Development Holdings Nanhai (002163.SZ): As of July 31st, the total number of shareholders in the company was 53,111.
Hainan Development Holdings Nanhai (002163.SZ) stated on the investor interaction platform on August 2 that as of July 31, 2024, the total number of shareholders of the company was 53,111.
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