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Is Now An Opportune Moment To Examine Fuyao Glass Industry Group Co., Ltd. (SHSE:600660)?
CINNO Research: The investment amount in China's optoelectronic display industry is approximately 223 billion yuan in 2024, a year-on-year decline of 27.3%.
Statistics show that in 2024, the investment amount in the optoelectronic display industry in China (including Taiwan) is about 223 billion yuan, a year-on-year decrease of 27.3%.
Photovoltaic Power stocks rose overall, FUYAO GLASS (03606) increased by 3.11%. Institutions expect that this year's photovoltaic installed capacity is likely to maintain a steady but slight increase.
Jinwu Financial News | Photovoltaic Power stocks rose sharply, FUYAO GLASS (03606) increased by 3.11%, XINYI GLASS (00868) increased by 2.25%, XINTE ENERGY (01799) increased by 1.8%, XINYI ENERGY (03868) increased by 1.28%. According to reports from CCTV News, it has been learned from the Southern Power Grid that the construction of the new type of electrical utilities system in the southern region is accelerating. Currently, the total installed capacity of new energy in Guangdong, Guangxi, Yunnan, Guizhou, and Hainan has exceeded 0.2 billion kilowatts. As of now, the total installed capacity of new energy in the Southern Power Grid operation area has reached 0.202 billion kilowatts, accounting for 3% of the total installed capacity of various power sources.
Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.
According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.
CITIC SEC: Capacity of Photovoltaic Glass is rapidly clearing, and the profit turning point is approaching.
The price of Photovoltaic Glass has already bottomed out, and is expected to rebound after the downstream operating rate improves in March. It is recommended to pay attention to the leading companies in the Photovoltaic Glass Industry that excel in profitability.
[Brokerage Focus] CITIC SEC believes that the price of Photovoltaic Glass has bottomed out and is expected to rebound after downstream operating rates improve in March.
Gold-Woo Financial News | CITIC SEC stated that the demand growth in 2024 is expected to be lower than anticipated. The intensive release of new production capacity in the first half of the year has led to a worsening supply-demand imbalance, causing companies to accelerate furnace maintenance in the context of losses across the industry. In 2025, domestic photovoltaic installations are expected to maintain steady growth, while growth in the European and American markets may slow down, and Emerging Markets are expected to maintain high growth. The bank predicts that the global new photovoltaic installed capacity may reach 560-570 GW in 2025. The bank pointed out that due to leading technologies, lower costs, and advantages in funding and customers, first-tier manufacturers' profitability has consistently outperformed the industry average, and they currently still maintain a relative advantage over second-tier manufacturers.
102884128 : getting disappointed with this counter. every day drop.