Wenzhou Hongfeng: Report for the third quarter of 2024
wenzhou hongfeng electrical alloy (300283.SZ): a net loss of 12.5355 million yuan in the first three quarters.
Gelonghui October 23rd | Wenzhou Hongfeng electrical alloy (300283.SZ) released its third quarterly report, with revenue of 2.2 billion yuan, a year-on-year increase of 0.31%, a net loss of 12.5355 million yuan, a non-GAAP net loss of 23.67 million yuan, and a basic earnings per share of -0.03 yuan.
wenzhou hongfeng electrical alloy (300283.SZ) released its performance for the first three quarters, with a net loss of 12.5355 million yuan.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) released its third quarter report for 2024, with the company's revenue for the first three quarters reaching 2...
Retail Investors Who Hold 52% of Wenzhou Hongfeng Electrical Alloy Co., Ltd. (SZSE:300283) Gained 19%, Insiders Profited as Well
Wenzhou Hongfeng Electrical Alloy (300283.SZ): Subsidiary received a utility model patent certificate.
Wenzhou Hongfeng (300283.SZ) announced on September 2nd that its subsidiary Zhejiang Hongfeng Copper Foil Co., Ltd. recently received a utility model patent certificate issued by the National Intellectual Property Office. The patent is titled "A Tension Servo Control Device for Optimizing O-ring Sealing".
Wenzhou Hongfeng: 2024 Semi-Annual Report
Wenzhou Hongfeng: 2024 Semi-Annual Report Summary
Wenzhou Hongfeng (300283.SZ) released its performance for the first half of the year, with a net loss of 2.6294 million yuan, a shift from profit to loss.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) released its 2024 interim report, with revenue of 1.313 billion yuan...
Wenzhou Hongfeng Electrical Alloy (300283.SZ) produces some products that can be applied in the autos industry.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) stated on an investor communication platform on August 20 that some of the company's products can be used in the auto industry.
Wenzhou Hongfeng Electrical Alloy (300283.SZ): Shareholder and actual controller Chen Xiaomeng has completed the shareholding period and has accumulated 3.8223 million shares.
On August 5th, Gelunhui reported that Wenzhou Hongfeng Electrical Alloy (300283.SZ) announced that Mr. Chen Xiaoxian, the company's controlling shareholder and actual controller, will use his own funds or self-raised funds to increase the company's stocks through the Shenzhen Stock Exchange trading system in a centralized bidding trading manner for 6 months starting from February 6, 2024. This move is based on his recognition of the company's intrinsic value, confidence in its continued stable and healthy development, and the desire to protect the interests of shareholders and enhance investor confidence. The total planned shareholding amount is no less than RMB 15 million. As of the date of this announcement, Mr. Chen Xiaoxian has accumulated 3,822,300 shares of the company's stocks, accounting for the total share capital of the company.
Wenzhou Hongfeng Electrical Alloy Co., Ltd. (SZSE:300283) Not Doing Enough For Some Investors As Its Shares Slump 26%
Wenzhou Hongfeng Electrical Alloy (300283.SZ): Jiangxi Hongfeng's copper foil has been supplied to downstream customers in bulk, achieving approximately 73 million yuan in sales revenue in 2023.
Wenzhou Hongfeng (300283.SZ) stated on the investor interaction platform that lithium copper foil products can be applied to new energy vehicle power batteries, energy storage batteries and consumer lithium batteries, among other fields; Etched lead frame project is mainly used in the semiconductor packaging industry. The two projects will be built in batches according to market and production capacity digestion. Currently, the first phase of lithium copper foil production line is in the equipment debugging stage, and Jiangxi Hongfeng Copper Foil has supplied downstream customers in bulk, achieving sales revenue of about 73 million yuan in 2023. In the future, the company will actively focus on the development of the copper foil industry and semiconductor industry, combining market demand and their own strengths.
Wenzhou Hongfeng Electrical Alloy (300283.SZ): The composite material for VC heating plate can be applied to electronic products such as smart phones, tablets, and laptops.
On July 17th, Gelonhui reported that an investor asked Wenzhou Hongfeng Electrical Alloy (300283.SZ) on the investor interactive platform, 'What is the current production capacity of the company's VC homogeneous heating plate material, and what consumer electronics products is it mainly used for?' The company replied that the VC homogeneous heating plate, independently developed and produced by the company using composite materials, can be applied to electronic products such as smart phones, tablets and laptops.
Wenzhou Hongfeng Electrical Alloy (300283.SZ): The silicon carbide project mainly involves the R&D of high-purity silicon carbide powder and silicon carbide wafers.
On July 17, Gelunhui reported that an investor asked Wenzhou Hongfeng (300283.SZ) on the investor interaction platform to introduce the company's silicon carbide R&D project, the main researched products and application directions, etc. The company responded that the silicon carbide project mainly involves the R&D of high-purity silicon carbide powder and silicon carbide wafers, which are currently in the R&D stage.
Wenzhou Hongfeng Electrical Alloy (300283.SZ): The production capacity of lithium battery copper foil is currently in the ramp-up stage, and Jiangxi Hongfeng Copper Foil has already supplied downstream customers in bulk.
On July 9th, 2024, Wenzhou Hongfeng Electrical Alloy (300283.SZ) conducted an investor survey regarding "lithium-ion copper foil, with tight supply due to rising copper prices this year, what is the current situation of the company's production capacity and customer base?" The company replied that the production capacity of its lithium-ion copper foil is currently in the ramp-up phase and that Jiangxi Hongfeng Copper Foil has already supplied downstream customers in bulk. It is expected to generate sales revenue of about 73 million yuan in 2023.
Wenzhou Hongfeng Electrical Alloy (300283.SZ): High-performance AgSnO2-In2O3 electrical contact materials developed for 5G base stations are currently being expanded in the market.
On July 9th, 2024, Wenzhou Hongfeng (300283.SZ) conducted an investor survey regarding its R&D projects, the extendibility of the market for high-performance AgSnO2-In2O3 electric contact materials used for 5G base stations, progress with customers, and the current situation regarding its silicon carbide (SIC) powder project. The company responded that its high-performance AgSnO2-In2O3 electric contact materials for 5G base stations are currently being marketed. In terms of research on SIC powder, the company's development of a highly pure silicon carbide powder and its preparation method has been authorized by the National Intellectual Property Administration.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) has applied its produced VC uniformly heated plate materials to the related field of consumer electronics.
On July 9th, 2024, Wenzhou Hongfeng Electrical Alloy (300283.SZ) received an investor inquiry regarding the prospect of using VC heating plates in Apple consumer electronics applications and the current progress of the company and customer validation. The company replied that its VC heating plate materials have already been applied in related consumer electronics fields.
Wenzhou Hongfeng Electrical Alloy (300283.SZ): The self-developed and produced composite material for VC hot plates can be applied to electronic products such as smart phones, tablets, and laptops.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) stated on the investor platform on July 10 that the company's self-developed and produced composite material for VC hot plates can be used in electronic products such as smart phones, tablets, and laptops. The company has cooperated with many well-known domestic hot plate manufacturers. Due to the business confidentiality requirements of downstream customers, the company is not aware of whether Apple has indirectly used its products.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) currently mainly produces high-performance ultra-thin lithium copper foil products with a thickness of 4-6 microns.
Wenzhou Hongfeng Electrical Alloy (300283.SZ) stated on the investor interaction platform on July 4th that PCB copper foil products are one of the planned products of the "Annual production of 50,000 tons of copper foil production base project" investment and construction by the company's holding subsidiary Zhejiang Hongfeng Copper Foil Co., Ltd. Currently, it mainly produces 4-6 micron high-performance ultra-thin lithium-ion copper foil products.
Wenzhou Hongfeng (300283.SZ): Silicon carbide project is still in the research and development stage.
On July 1st, Gelunhui reported that an investor asked Wenzhou Hongfeng (300283.SZ) on the investor interaction platform, "How is the progress of the issuance of convertible bonds to unspecified objects by the company for the development of silicon carbide single crystal research projects? What are the expectations?" The company responded that the silicon carbide project is still in the research and development phase.
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