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SDHS NEW ENERGY (01250) subsidiary signs a cooperation agreement for leasing a designated area.
SDHS NEW ENERGY (01250) announced that on December 24, 2024, Shandong Hi-speed Taidong and Jinan SDHS...
Express News | Shandong Hi-Speed New Energy - Cooperation Agreements Between Units of Shandong Hi-Speed Group and Jnhs New Energy
Breaking the "involutionary" competition! The two major photovoltaic leaders announce "production reduction and control of output."
Tongwei Co.,Ltd's subsidiary Yongxiang Co. and Daqo Energy have a total production capacity of over 1.2 million tons. Analysts expect that this production cut will reach at least 0.8 million tons, leading to a significant decline in silicon material output from December to January. Despite the production cut being initiated, the current Industry still faces considerable inventory pressure.
The photovoltaic Industry is currently undergoing a "de-involution"! Tongwei Co.,Ltd and Daqo Energy have both announced production cuts and maintenance.
① Both Tongwei Co.,Ltd and Daqo Energy are signatories of the photovoltaic industry self-discipline agreement. According to the self-discipline agreement, photovoltaic companies will begin to manage production capacity starting next month (January 2025). ② Analysts believe that adjusting the overall industry capacity utilization rate to the Range of 50%-60% can basically match the demand for polysilicon in 2025, preliminarily achieving a supply-demand balance.
Express News | Citigroup's Long Position in Shandong Hi-Speed New Energy Decreases to 0.29% on Dec 18 From 43.74% - HKEX
Notice highlights | China Eastern Airlines Corporation's passenger traffic increased by about 20% in November; CTIHK expects an annual Net income growth of no less than 30%.
In November, CHINA SOUTH AIR's passenger capacity input rose by 7.18% year-on-year; passenger turnover increased by 15.17% year-on-year; China Eastern Airlines' passenger capacity input increased by 9.19% year-on-year; passenger turnover increased by 20.86% year-on-year.
Shandong Hi-Speed New Energy Group's (HKG:1250) Earnings Have Declined Over Five Years, Contributing to Shareholders 67% Loss
