002470 Kingenta Ecological Engineering Group
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Kingenta Ecological Engineering Group News
Kim Jeong-dae: 2024 Semi-Annual Report Summary
Kim Jeong-dae: 2024 Semi-Annual Report
Kingenta Ecological Engineering Group (002470.SZ) has released its performance for the first half of the year, turning losses into profits of 0.168 billion yuan.
Kingenta Ecological Engineering Group (002470.SZ) released its 2024 semi-annual report, and during the reporting period, the company achieved a revenue of 4...
Kingenta Ecological Engineering Group (002470.SZ): Net income in the first half of the year was 0.168 billion yuan, turning around the loss compared to the same period last year.
Kingenta Ecological Engineering Group (002470.SZ) announced its semi-annual report for 2024, with a total operating revenue of 4.579 billion yuan, a year-on-year decrease of 1.71%; a net income attributable to shareholders of the listed company of 0.168 billion yuan, a year-on-year turnaround in profit; a net income attributable to shareholders of the listed company of 0.101 billion yuan after deducting non-recurring gains and losses, a year-on-year turnaround in profit; and basic earnings per share of 0.0513 yuan.
Kingenta Ecological Engineering Group (002470.SZ): Currently in discussions with relevant parties regarding the continuation plan of Beijing Peking Jincheng Wealth 024 Collective Fund Trust Plan.
Kingenta Ecological Engineering Group (002470.SZ) stated on an investor interaction platform on August 13th that the company is currently discussing with relevant parties the continuation plan of Beijing Peking•Jincheng Wealth Management No. 024 Collective Fund Trust Plan.
kingenta ecological engineering group (002470.SZ): The early autumn raw material inventory and autumn market policy formulation have been carried out according to the plan.
Kingenta Ecological Engineering Group (002470.SZ) stated during an investor relations event on July 25 that the company is currently producing and operating ammonium dihydrogen phosphate and compound fertilizers as planned, with good sales. The autumn fertilizer application for the third quarter is about to begin, and the company has done preliminary autumn raw material stocking and autumn market policy making according to the plan. Currently, the company is actively exploring the market, mobilizing all available resources to ensure breakthrough in marketing and operational unit performance, striving to achieve the company’s established goals.
Kingenta Ecological Engineering Group (002470.SZ): Currently, after debt reorganization, the company's short-term debt repayment pressure and financial expenses match its operational cash flow.
Kingenta Ecological Engineering Group (002470.SZ) stated on the investor interaction platform on July 24th that debt restructuring includes various methods such as debt settlement, debt-for-equity swaps, and debt disposal. The company will comprehensively consider the actual operating conditions and external environmental changes, continue to negotiate with creditors, and flexibly adopt different methods according to the situation of each creditor to carry out debt restructuring. After the company and the creditors determine the debt restructuring method, no other methods will be used for debt restructuring in the short term. If the company reaches a debt settlement with creditors, short-term loans will be converted into long-term loans while reducing the loan interest rate, thereby alleviating the pressure of short-term debt repayment.
Kingenta Ecological Engineering Group (002470.SZ): Currently, the company is producing and operating ammonium dihydrogen phosphate and compound fertilizer according to plan.
According to the investor relations activity record of Kingenta Ecological Engineering Group (002470.SZ) on July 11th, the company is currently producing and operating ammonium dihydrogen phosphate and compound fertilizer according to plan. The autumn fertilization in the third quarter is about to begin, and the company has already carried out preliminary autumn raw material stocking and autumn market policy formulation according to the plan. Currently, the company is actively exploring the market. It is understood that the sales channel inventory is insufficient, and the company is mobilizing all available resources to ensure breakthroughs in sales and performance of business units, and strive to achieve the company's established goals.
Kingenta Ecological Engineering Group (002470.SZ): The early site leveling work for the Malucao phosphate mine of its subsidiary Guizhou Jinxing Mining Co., Ltd. has begun.
According to the investor relations activity record of Kingenta Ecological Engineering Group (002470.SZ) on July 11th, Guizhou Jinxing Mining Co. Ltd., a subsidiary of the company, has started preliminary site leveling work for the Malucao phosphate mine, including the comprehensive deployment of three main equipment. The Malucao phosphate mine consists of the A and B ore layers, with an average geological grade (P2O5) of 23.76% for the A layer and 26.87% for the B layer. Most of the ore grades belong to Grade II, with an overall average grade of 25.66%. The subsidiary holds mining rights certificates for proven resources of 80.31 million tons of ore.
Kingenta Ecological Engineering Group: 2024 Interim Performance Forecast
Kingenta Ecological Engineering Group (002470.SZ): Net income is expected to increase by 205.66%-225.47% in the first half of the year.
On July 8th, Gelunhui: Kingenta Ecological Engineering Group (002470.SZ) announced its performance forecast for the first half of 2024. The company expects a net income of 0.16-0.19 billion yuan attributable to shareholders of listed companies, an increase of 205.66%-225.47% from the same period last year; net income after deducting non-recurring gains and losses is expected to be 0.08-0.11 billion yuan, an increase of 145.51%-162.57% YoY. Basic earnings per share is expected to be 0.05-0.06 yuan/share. The reason for the performance change is that the company has continued to improve its management level and promote channels and brands during the reporting period.
Kingenta Ecological Engineering Group (002470.SZ): As of 2023, there are still 17 small and medium-sized enterprises with overdue payments totaling 5.34 million yuan.
Kingenta Ecological Engineering Group (002470.SZ) has released an announcement in accordance with the relevant requirements of the Payment Regulations for Small and Medium-sized Enterprises, ...
Kingenta Ecological Engineering Group (002470.SZ): The composite fertilizer raw material prices began to rise in the second quarter, which had a positive effect on the sales of composite fertilizer.
Kingenta Ecological Engineering Group (002470.SZ) stated in an investor relations event on June 27 that in the first quarter of this year, due to weather reasons and the decrease in raw material prices, dealers delayed delivery. Starting from the second quarter, the raw material prices of compound fertilizers began to rise, which had a positive promoting effect on the sales of compound fertilizers, and dealers actively stocked up. Currently, the company's product sales situation is good and in line with the company's expectations according to market performance.
Kingenta Ecological Engineering Group (002470.SZ): By the end of 2023, the company's short and long-term borrowings and expected liabilities are expected to decrease by 1.071 billion yuan compared to the same period, and the debt scale will continue to de
Kingenta Ecological Engineering Group (002470.SZ) stated on the investor interaction platform on June 27 that the company is continuously and actively promoting the debt restructuring issue. The signing of the debt settlement agreement is also one of the achievements of the company's debt restructuring. At present, the company has reached settlements with multiple financial institutions or repaid debts. By the end of 2023, the company's short-term and long-term borrowings and expected liabilities will be reduced by 1.071 billion yuan compared to the same period, and the debt scale will continue to decrease, and the debt structure will be optimized. The company is actively promoting debt settlements with the remaining creditors.
Kingenta Ecological Engineering Group (002470.SZ) did not participate in Fujian Aonong Biological Technology Group Incorporation's restructuring plan.
Kingenta Ecological Engineering Group (002470.SZ) stated on the investor interaction platform on June 27 that the company has not participated in Fujian Aonong Biological Technology Group Incorporation's restructuring plan as of now.
Kingenta Ecological Engineering Group (002470.SZ): the company is not in a situation of touching other risk warnings.
On June 27th, Gelonhui reported that Kingenta Ecological Engineering Group (002470.SZ) stated on the investor interaction platform that, according to the Shenzhen Stock Exchange's stock listing rules, the company does not currently pose risks that trigger other risk warnings. The company was sanctioned by the China Securities Regulatory Commission in 2022, but the risks that led to 'other risk warnings' in 2023 have since been eliminated. The company has established a sound internal control system, which has been effectively enforced. In the future, the company will further strengthen its corporate governance, improve the effectiveness of internal controls, and ensure that information disclosure is true, accurate, and complete.
Kingenta Ecological Engineering Group (002470.SZ) won the National Technical Invention Award for the project "Creation and Application of Green Biobased Material Coating Controlled Release Fertilizer".
Kingenta Ecological Engineering Group (002470.SZ) announced that on June 24, 2024, at the National Science and Technology Conference for the 2023 fiscal year...
Kingenta Ecological Engineering to Expand Chemical Production for 130 Million Yuan
Kingenta Ecological Engineering Group (002470.SZ) plans to invest 129.9 million yuan in its subsidiary's project to transform 300,000 tons/year of phosphogypsum flue gas into acid and 500,000 tons/year of sulfur into acid.
On June 7th, Gelunhui reported that Kingenta Ecological Engineering Group (002470.SZ) held the 6th board of directors meeting on June 7, 2024 and approved the "Proposal on the Transformation Project from 300,000 Tons/Year Phosphogypsum Flue Gas Acid Production to 500,000 Tons/Year Sulfuric Acid Production and Steam Production with a cumulative external investment" of its subsidiary. In order to solve the problem of sulfuric acid and steam shortage in its wholly-owned subsidiary Guizhou Zhenglun Phosphorus Chemical Co., Ltd. (referred to as "Zhenglun Phosphorus Chemical"), it is planned to transform the 300,000 tons/year phosphogypsum flue gas acid production into 500,000 tons/year sulfuric acid production and produce 800,000 tons/year of steam by-product. The project is expected to invest a total of 12,987.0 million yuan.
Kingenta Ecological Engineering Group (002470.SZ): There are no related circumstances of other risk warnings or delisting risk warnings being implemented.
Kingenta Ecological Engineering Group (002470.SZ) stated on the investor interaction platform on June 6th that, according to Chapter 9 of the Risk Warning in the Shenzhen Stock Exchange's Growth Enterprise Board Stock Listing Rules (Revised in 2024), up to now, the company has not been subject to any other risk warnings or delisting risk warnings, and the issues involved in the audit report's reservation opinion for 2023 has been resolved.
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