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Ruichen Environmental: 2024 Annual Performance Forecast
Rui Chen Eco-friendly Concept (301273.SZ): Expected loss of 28 million to -37 million yuan in 2024.
On January 23, 2024, Gu Longhui announced that Ruichen Eco-friendly Concept (301273.SZ) expects a loss of 28 million to -37 million yuan, with a non-recurring loss of 29.5 million to -39 million yuan. The operating rate of cement terminal customers' kiln lines has significantly declined, greatly affecting their willingness to invest in energy-saving renovations. The necessary large-scale commissioning, testing, communication, and project advancement of energy-saving renovation projects have experienced serious delays during this period. The company's revenue from cement clients mainly comes from energy-efficient fan technology renovations, with the overall project cycle typically lasting 6 to 18 months, due to kiln.
Soochow Securities: Intensifying efforts to expand the implementation of the "two new" initiatives, increasing financial support to promote the high-quality development of recycled resources.
As a key supported area, the infrastructure for environmental protection is bullish on the demand released by the updating of eco-friendly and sanitation equipment. It is recommended to pay attention to the waste collection and transportation sector and the Industry Chain for electronic product dismantling.
Ruichen Eco-friendly Concept (301273.SZ): Plans to conclude the "High-efficiency Energy-saving Fan Industrialization Construction Project" and permanently supplement working capital with the remaining fundraising.
On December 27, Gu Longhui reported that Ruichen Eco-friendly Concept (301273.SZ) held its fourth meeting of the third Board of Directors and the fourth meeting of the third Supervisory Board on December 27, 2024. The meetings reviewed and approved the proposal regarding the completion of the projects funded by the initial public offering of Stocks and the permanent supplementation of remaining raised funds to working capital. The project "High-efficiency Energy-saving Fan Industrialization Construction Project" funded by the initial public offering of Stocks has reached its intended usable state, and the company agrees to complete the project and reallocate the remaining raised funds of 66.2294 million yuan (the actual amount is based on the funds transferred out on the day).
Ruichen Environmental: 2024 Third Quarter Report
Ruichen Environmental: 2024 Semi-Annual Report
Some Shanghai Rychen Technologies Co., Ltd. (SZSE:301273) Shareholders Look For Exit As Shares Take 27% Pounding
