CNGR Advanced MaterialLtd's (SZSE:300919) Earnings Might Be Weaker Than You Think

Simply Wall StNov 5 20:15 ET

Express News | Cngr Advanced Material Says It Plans to Buy Back 500-1,000 Mln Yuan Worth of Company Shares Within 12 Months

ReutersNov 5 08:03 ET

cngr advanced material (300919.SZ): The sales volume of nickel, cobalt, phosphorus, and sodium products in the first nine months exceeded 0.21 million tons, with consecutive annual growth.

Gelonghui, October 31st - Cngr Advanced Material (300919.SZ) stated in the investor relations that the sales of the four product series from January to September 2024? Answer: The sales volume of the four product series - nickel, cobalt, phosphorus, and sodium exceeded 0.21 million tons, with consecutive growth. (1) Shipments of precursors for eight series and above exceeded 0.08 million tons; (2) Benefiting from the expansion of consumer electronics demand, cobalt product sales in Q3 increased by 22% compared to the previous quarter, and the shipments of cobalt tetroxide 4.5v and above exceeded 0.015 million tons; (3) Phosphorus products achieved a breakthrough growth, with a year-on-year increase of 80%, ranking among the top players in the industry.

Gelonghui FinanceOct 31 08:22 ET

cngr advanced material (300919.SZ): The cash flow from operating activities in the third quarter report amounted to 2.868 billion, a year-on-year increase of 31.37%.

Gelonghui October 31st | Cngr Advanced Material (300919.SZ) stated in investor relations that the company's operating cash flow has continuously improved in recent years, with cash flow from operating activities (cfo) in the third quarter report amounting to 2.868 billion, a year-on-year increase of 31.37%. In the past two years, the company has introduced state-owned capital and maintained close cooperation with major banks, multinational banks, and commercial banks. The company has built a multi-channel, multi-level approach to promote capital expansion on the premise of sustainable development and sustainable profit creation.

Gelonghui FinanceOct 31 08:21 ET

Cngr Advanced Material (300919.SZ): is the largest supplier of front-drive materials for Tesla.

Gelonghui on October 31st, cngr advanced material (300919.SZ) stated in investor relations that the company is tesla's largest supplier of front drive unit materials. For Tesla's new products, the company is the core provider and developer.

Gelonghui FinanceOct 31 08:20 ET

Cngr Advanced Material (300919.SZ): Sodium battery precursor is suitable for the latest lithium-sodium AB battery introduced by Contemporary Amperex Technology.

Gelonghui October 31st | CNGR Advanced Material (300919.SZ) stated in investor relations that CNGR has established a long-term stable partnership with Contemporary Amperex Technology. The company's sodium battery precursor is suitable for the latest lithium-sodium AB battery introduced by Contemporary Amperex Technology, addressing issues such as low-temperature endurance.

Gelonghui FinanceOct 31 08:19 ET