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Jiangsu Yoke Technology (SZSE:002409) Sheds 4.7% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Jiangsu Yoke Technology (002409.SZ) continues to promote independent and controllable technologies in various business areas such as LNG insulation and semiconductor precursor materials.
Jiangsu Yoke Technology (002409.SZ) stated on its investor interaction platform on August 2nd that the company is committed to becoming a platform-type company that supports and solves the problem of independent domestic supply of strategic emerging materials in fields such as LNG insulation and semiconductor precursor materials of the global strategy business. The company will continuously promote independent controllability.
Is Jiangsu Yoke Technology (SZSE:002409) A Risky Investment?
Ping An Securities: High-bandwidth characteristics unleash the performance of AI hardware. The continued prosperity of AI drives high demand for growth.
With the current sustained prosperity of AI computing power, HBM, as an important memory technology for AI hardware and systems to enhance computing performance, has shown strong growth in market demand.
Jiangsu Yoke Technology: 2024 Interim Performance Forecast
Jiangsu Yoke Technology (002409.SZ): Net income is expected to increase by 50.00%-70.00% in the first half of the year.
Jiangsu Yoke Technology (002409.SZ) announced its performance forecast for the first half of 2024, with a net profit attributable to shareholders of the listed company of RMB 0.512 billion to RMB 0.58 billion, an increase of 50.00% to 70.00% from the same period last year; The net profit after deducting non-recurring gains and losses was RMB 0.519 billion to RMB 0.587 billion, an increase of 48.48% to 68.03% from the same period last year; basic earnings per share is expected to be RMB 1.0767/share to RMB 1.2193/share. The increasing demand for Liquefied Natural Gas (LNG) as a clean energy is driving the growth of the LNG market.
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