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Zhejiang Xinan Chemical Industrial Group (600596.SH): The application of silicone rubbers in humanoid robots is gradually becoming a hot topic in technological development.
On February 21, Gelonghui reported that Zhejiang Xinan Chemical Industrial Group (600596.SH) stated on the investor interaction platform that high-temperature silicone rubbers in organosilicon end products are widely used in various products such as silicone toys, including silicone dolls, maternal and baby products, cultural and creative products, electronic wearable devices, and organosilicon leather due to their good safety, skin-friendliness, durability, and environmental adaptability. As one of the companies with the most complete organosilicon Industry Chain and the most comprehensive categories of organosilicon end products in China, the company can provide high-temperature silicone rubbers (liquid rubber, blended rubber), and room-temperature silicone rubbers (construction silicone sealant, industrial adhesive, light.
China Merchants: Silicon price is rising from the bottom, and the industry outlook is expected to improve.
With the end of the organic silicon Industry expansion cycle, the market competition pattern is stabilizing, and the demand in both domestic and international markets is strong. The supply-demand relationship in the Industry is expected to improve in the medium to long term, and the prosperity level is likely to continue to rise.
Investors Who Have Held Zhejiang Xinan Chemical Industrial GroupLtd (SHSE:600596) Over the Last Three Years Have Watched Its Earnings Decline Along With Their Investment
Announcement on the pre-reduction of the 2024 annual results of Xinan Co., Ltd.
Zhejiang Xinan Chemical Industrial Group (600596.SH): The net income for the fiscal year 2024 is expected to decrease by 57.21% to 78.60%.
On January 24, Gelonghui reported that Zhejiang Xinan Chemical Industrial Group (600596.SH) announced a profit warning for the 2024 fiscal year. The company expects the net income attributable to shareholders of the listed company to range from 30 million yuan to 60 million yuan, representing a year-on-year decline of 57.21% to 78.60%. After excluding non-recurring gains and losses, the company anticipates that the net income attributable to shareholders of the listed company will be between -140 million yuan and -110 million yuan, a year-on-year decrease of 346.27% to 413.44%. The main reason for the profit warning for 2024 is the impact of the macro economy and market supply.
Zhejiang Xinan Chemical Industrial Group Co.,Ltd's (SHSE:600596) Low P/S No Reason For Excitement
Declining Stock and Decent Financials: Is The Market Wrong About Zhejiang Xinan Chemical Industrial Group Co.,Ltd (SHSE:600596)?
