002182 Baowu Magnesium Technology
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Baowu Magnesium Technology News
Baowu Magnesium Technology (SZSE:002182) Investors Are up 4.8% in the Past Week, but Earnings Have Declined Over the Last Five Years
While Baowu Magnesium Technology Co., Ltd. (SZSE:002182) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 16% in the last
As of June 28, 2024, baowu magnesium technology (002182.SZ) had 43,967 shareholders.
Baowu Magnesium Technology (002182.SZ) stated on the investor interaction platform on July 1st that as of June 28, 2024, the company had 43,967 shareholders.
Baowu Magnesium Technology (002182.SZ): has established technical and marketing teams in various fields such as automobiles, 3C, construction templates, magnesium hydrogen storage, and low-altitude economic applications.
Baowu Magnesium Technology (002182.SZ) stated at an investor relations event that (1) reducing magnesium production costs to enhance cost competitiveness. (2) Establishing technical and marketing teams in various fields such as autos, 3C, building templates, magnesium hydrogen storage, and low-altitude economic applications, deeply involved in customer product design to improve all-around design services and lead the application of new materials. (3) Increasing the innovation and development capabilities of magnesium product types, production technologies, and product applications to meet the needs of product performance.
Baowu Magnesium Technology (002182.SZ): Participating subsidiary, Baomark (Hefei) Technology has the capacity to produce photovoltaic steel frames.
On June 14th, 2024, Baowu Magnesium Technology (002182.SZ) accepted a specific research on whether the company develops photovoltaic border products. The company responded that its joint venture subsidiary, Baomark (Hefei) Technology Co., Ltd, has the ability to produce photovoltaic steel border frames. Steel border frames have low cost, high strength, and are environmentally friendly with good competitive advantages.
Baowu Magnesium Technology (002182.SZ): The Chaohu Yunhai expansion project will start production in the second half of 2024, while the Wutai Yunhai expansion project is under construction.
On June 14th, Gelunhui reported that Baowu Magnesium Technology (002182.SZ) accepted a specific inquiry on June 14th, 2024, regarding the "company's future original magnesium production capacity plan?" The company replied that it is building a new 50,000-ton original magnesium production capacity in Chaohu, a new 100,000-ton original magnesium production capacity in Wutai, and a new 300,000-ton original magnesium production capacity in Qingyang. With the production expansion in various regions, the scale of production capacity for original magnesium and magnesium alloy will be able to reach 500,000 tons each. Currently, Anhui Baomagnesium has entered the stage of climbing production capacity, and the Chaohu Yunhai expansion project will begin production in the second half of 2024, while the Wutai Yunhai expansion project is under construction.
Baowu Magnesium Technology (002182.SZ): Currently, Anhui Baomagnesium has entered the stage of climbing production.
On June 12, 2024, Baowu Magnesium Technology (002182.SZ) received a specific inquiry regarding the progress of the company's original magnesium expansion. The company replied that Anhui Baomagnesium has now entered the production climbing stage. The Chaohu Yunhai expansion project will start production in the second half of 2024, and the Wutai Yunhai expansion project is currently under construction.
Baowu Magnesium Technology (002182.SZ): Annual equity distribution of 10 shares for every 4 shares held, with a dividend of 1.3 yuan. The record date for the equity is June 13, 2023.
Baowu Magnesium Technology (002182.SZ) announced that the company's annual equity distribution plan for 2023 is based on the existing total share capital of 708,422,538 shares, distributing 4 bonus shares for every 10 shares to all shareholders, and distributing RMB 1.3 yuan in cash (tax included). The equity distribution record date for this distribution is June 13, 2024, and the ex-dividend date is June 14, 2024.
Individual Investors in Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 11% Last Week
Key Insights Significant control over Baowu Magnesium Technology by individual investors implies that the general public has more power to influence management and governance-related decisions The t
Baowu Magnesium (002182.SZ): Revenue from aggregates and building formwork accounts for 5% of total revenue in 2023
Gelonghui, May 22丨Baowu Magnesium (002182.SZ) said on the investor interactive platform that in 2023, revenue from the company's aggregates and construction templates accounted for 5% of total revenue. The company's aggregate mining volume is increasing year by year. Magnesium building formwork is an alternative to wood formwork, etc., and there is plenty of room for growth.
Baowu Magnesium (002182.SZ): Currently discussing cooperation with Zhanjiang Iron and Steel on magnesium hydrogen storage materials
Gelonghui May 17 | Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024. Regarding “when can the company's magnesium-based hydrogen storage materials be put into mass production”, the company replied that the company is currently discussing cooperation with Zhanjiang Iron and Steel on magnesium hydrogen storage materials.
Baowu Magnesium (002182.SZ): Some aluminum alloy parts used in cars can be replaced with magnesium alloy
Gelonghui May 17 | Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024. Regarding “whether the aluminum alloy currently used in cars can be replaced with magnesium alloy,” the company replied that some aluminum alloy parts used in cars can be replaced with magnesium alloy.
Baowu Magnesium (002182.SZ): Cooperate with some leading NEV manufacturers to develop oversized magnesium alloy integrated die castings
Gelonghui, May 17, 丨 Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024, to discuss “Which car manufacturers and customers are currently cooperating with your company in the field of lightweight automotive integration. Is it easy to disclose? Also, in the field of magnesium hydrogen storage, which customers are talking about cooperation and testing?” The company replied that the company cooperated with some leading NEV manufacturers to develop oversized magnesium alloy integrated die castings. In the field of magnesium hydrogen storage, the company cooperates with Hefeng Energy and companies within Baowu Group.
Baowu Magnesium (002182.SZ): The hydrogen storage rate of magnesium-based hydrogen storage is around 6%
Gelonghui May 17 丨 Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024, to discuss “What is the current hydrogen release rate of magnesium-based hydrogen storage? Will there be significant loss during the hydrogen release process?” The company replied that the hydrogen storage rate for magnesium-based hydrogen storage is around 6%.
Baowu Magnesium (002182.SZ): Currently, orders are saturated, and all production lines are full of production and sales
Gelonghui, May 17, 丨 Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024. Regarding “what is the downstream demand for magnesium alloys, how is the company's on-hand orders compared to last year,” the company replied that currently the company is saturated with orders in hand, and all production lines are full of production and sales.
Baowu Magnesium (002182.SZ): The magnesium alloy produced has seat luggage racks used in rail transit
Gelonghui, May 17, 丨 Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024. Regarding “whether the seat racks on rail have used magnesium alloy produced by the company,” the company replied that the magnesium alloy produced by the company is used for seat racks on rail trains.
Baowu Magnesium (002182.SZ): The planned completion time for the Qingyang project transport corridor is about the end of 2024
Gelonghui May 17 | Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024. Regarding the “planned completion time of the Qingyang Project Transportation Corridor,” the company replied that the Qingyang Project Transportation Corridor is scheduled to be completed by the end of 2024.
Baowu Magnesium Industry (002182.SZ): Magnesium alloys can be used in the field of home building materials, such as radiators, etc.
Gelonghui May 17 丨 Baowu Magnesium (002182.SZ) held a performance briefing on May 16, 2024. “Can magnesium alloys be used in the field of home building materials? For example, magnesium alloy windows, magnesium alloy security nets, magnesium alloy doors, etc.” The company replied that magnesium alloy can be used in the field of home building materials, such as radiators.
We Think Baowu Magnesium Technology (SZSE:002182) Is Taking Some Risk With Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
The Consensus EPS Estimates For Baowu Magnesium Technology Co., Ltd. (SZSE:002182) Just Fell Dramatically
The analysts covering Baowu Magnesium Technology Co., Ltd. (SZSE:002182) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this ye
Baowu Magnesium (002182.SZ) announced its 2023 annual results, with net profit of 306 million yuan, a year-on-year decrease of 49.82%
Baowu Magnesium (002182.SZ) released its 2023 annual report. The company's revenue was 7.652 billion yuan,...
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