00438 IRICO NEWENERGY
- 3.330
- +0.040+1.22%
IRICO NEWENERGY News
The annual conference of the photovoltaic industry is approaching, with continuous improvement on both the supply and demand sides. These concept stocks are frequently researched.
The 2024 annual conference of the photovoltaic industry will be held in Yibin City, Sichuan Province from December 4th to 6th.
china securities co.,ltd.: The bottom of the photovoltaic industry is basically confirmed, and the incremental certainty of the power equipment network is strong.
In Q3, the new energy sector saw a sharp decline in construction projects on a month-on-month basis, while the lithium battery and photovoltaic sectors stabilized their income and profit at the bottom, with demand remaining stable and supply contracting. Although many links still face the reality of supply-demand imbalance, the gross margin levels of photovoltaics, lithium batteries, and wind power are at historically low levels, but the dawn has already appeared.
Chinese Solar Firms, Ever-nimble, Go Further Afield Where US Tariffs Don't Reach
Photovoltaic industry third quarter report inventory: which companies are ahead of the industry's "recovery"? Five component factories profitable in Q3, while losses in the silicon material segment narrowed on a month-on-month basis.
①AT&S, GCL System Integration Technology, jinkosolar, and Hengdian Group DMEGC Magnetics continued to have positive net income in the first three quarters, with JA Solar Technology achieving a net income of 0.39 billion yuan in Q3, significantly exceeding market expectations; ② The losses in the polysilicon and silicon wafer segments continue, and many leading companies face the risk of their first annual performance loss after going public; ③ Leading companies suggest industry consolidation by raising technical and quality standards to achieve industry self-regulation.
EqualOcean Hong Kong Stock Early Knowing | Six Departments Accelerate the Construction of Large Wind Power and Photovoltaic Bases. Byd Company (01211) third-quarter net profit attributable to the mother is 11.607 billion yuan.
On October 30, Li Ka-shing and Li Zeju reduced their shareholding in Postal Savings Bank of China (01658) by 20.153 million shares, with a price per share of 4.6294 Hong Kong dollars, totaling approximately 93.2963 million Hong Kong dollars. The latest number of shares held after the shareholding reduction is approximately 1.186 billion shares, with the latest shareholding percentage at 5.97%.
Hong Kong stock concept tracking | The country vigorously implements wind power as a replacement for renewable energy with strong support from the government. Wind power companies are expected to see a turnaround in their predicament (with related concept
On October 30, the National Development and Reform Commission and other departments strongly support the comprehensive improvement of wind power supply capacity through the vigorous implementation of renewable energy substitution.
Has the turning point arrived for the photovoltaic industry? Several component manufacturers claim prices are "market-oriented", industry insiders are calling for production reduction.
①PV module manufacturers' product prices seem to be on the rise, closely related to the initiative previously proposed by the China Photovoltaic Industry Association; ②Industry insiders believe that in the current situation of oversupply of similarly high-quality and efficient products, leading enterprises need to adjust their shipment plans, control production capacity, and avoid bidding below cost.
Hong Kong stocks abnormal movement | Photovoltaic stocks opened higher across the board, the Photovoltaic Industry Association's initiative is showing initial results, institutions say policies such as raising power consumption standards are expected to b
Photovoltaic stocks opened higher across the board. As of the time of publication, Xinte Energy (01799) rose by 14.87% to HKD 11.74; GCL Tech (03800) rose by 14.62% to HKD 1.96; Xinyi Solar (00968) rose by 10% to HKD 4.4; Flat Glass (06865) rose by 9.55% to HKD 17.2.
Under the volatile market conditions, mergers and reorganizations continue to be hot, looking for opportunities for secondary rebounds.
Track the entire lifecycle of the main sector.
irico newenergy [00438] is now trading at 4.14 Hong Kong dollars, with an increase of 10.40%.
As of 11:42, irico newenergy [00438] reported HK$4.14, up HK$0.39 or 10.40% from the previous closing price of HK$3.75, with a trading volume of 1.2577 million Hong Kong dollars. The highest price today is HK$4.14 and the lowest price is HK$3.78. Based on the previous closing price, the 10-day average price is HK$3.42 and the 50-day average price is HK$2.91. The current PE ratio is -2.60 times, and the 14-day relative strength index is 57.41.
What are the market concerns? Hong Kong photovoltaic stocks have been rising continuously, while the short sell data of some individual stocks is increasing.
1. The potential impacts on the solar industry if the US Department of Commerce considers revoking the anti-dumping and anti-subsidy duties on Chinese crystalline silicon photovoltaic batteries could be what? 2. What changes in industry competition and component prices may be brought about by the minimum cost price of 0.68 yuan/W released by the China Photovoltaic Industry Association? 3. How do institutions view the current photovoltaic stocks?
Domestic and international bullish news resonate, is the turnaround of the downward cycle in the photovoltaic industry imminent?
The long-term sluggish photovoltaic sector has finally 'seen the light'.
Market rotation between high and low speeds up! The new energy fund track collectively warms up, and the direction of mergers and reorganizations favors the strong.
Track the entire lifecycle of the main sector.
Irico Newenergy (00438.HK) intends to acquire all assets of the first and second phase kiln flue gas waste heat power generation and flue gas desulfurization and dust removal system owned by Blue Ray Industry.
Grand Long Hui, on October 23, disclosed that irico Newenergy (00438.HK) has entered into agreements with the contracting party on October 23, 2024: (i) chengdu rainbow appliance(group) shares procurement overall agreement; (ii) China Electronic Rainbow procurement overall agreement; (iii) comprehensive financial cooperation agreement; (iv) chengdu rainbow appliance(group) shares sales overall agreement; and (v) transportation service overall agreement, for the renewal or new entry into the continuous related party transactions contemplated under such agreements respectively. The Company's wholly-owned subsidiary Hefei Solar entered into an asset transfer agreement with Blu-ray Industry on October 23, 2024, whereby Blu-ray Industry agreed to transfer and Hefei Solar agreed to accept.
BOCI International: Photovoltaic supply-side reform continues to advance, industry chain profits may recover.
The photovoltaic industry association will consider taking measures such as industry-wide reporting and reporting to market supervision departments to strengthen industry self-discipline.
Hong Kong's cecep solar energy sector soared by 12.68%! What are the catalysts for the fundamentals of the photovoltaic industry?
Today, the Hong Kong stock market's cecep solar energy sector surged by 12.68%, ranking first on the top gainers list.
Major policy changes? The photovoltaic industry index surged more than 8% intraday!
On October 23, Tongwei Co.,Ltd and Flat Glass Group quickly rose to the daily limit, with Daquan Energy increasing by over 10%, TCL Zhonghuan Renewable Energy Technology, Deye Shares, Opple Technologies, Shenzhen Hopewind Electric, Shanghai Aiko Solar Energy, Ginlong Technologies and others rose by over 5%.
Hong Kong stock market anomaly | Photovoltaic stocks rose in the morning, the United States may partially revoke anti-dumping and countervailing duties on photovoltaic products, and the Photovoltaic Industry Association calls for fair competition.
Photovoltaic stocks rose in early trading. As of the time of publication, Xinte Energy (01799) rose 5.68% to HK$8.18; Irico Newenergy (00438) rose 4.19% to HK$3.73; Xinyi Solar (00968) rose 3.25% to HK$3.49; GCL Tech (00380) rose 2.5% to HK$1.23; flat glass (06865) rose 1.74% to HK$11.68.
The short-term market divergences are gradually intensifying, with particular attention paid to the internal strength of technology stocks.
Track the entire lifecycle of the main sector.
Hong Kong stock concept tracking | The US may partially revoke the anti-dumping and anti-subsidy orders on the photovoltaic industry, the bottom of the sector is expected to rebound (with concept stocks)
At the request of Route Creation Electronics Company, the United States Department of Commerce has officially initiated a Circumstances of Change Review (CCR). This review aims to consider the possible partial revocation of anti-dumping and countervailing duty orders on crystalline silicon photovoltaic cells originating from China (whether or not assembled into modules, i.e. solar cells), involving several small-scale low-power off-grid crystalline silicon photovoltaic (CSPV) cells.
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