688299 Ningbo Solartron Technology
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Ningbo Solartron Technology News
Why Investors Shouldn't Be Surprised By Ningbo Solartron Technology Co.,Ltd.'s (SHSE:688299) 35% Share Price Surge
Ningbo Solartron Technology Co.,Ltd.'s (SHSE:688299) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
ningbo solartron technology (688299.SH): The reflective film has been introduced to top European and American customers in 2024.
Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform on September 24 that its core product, reflective film, is in the leading position globally in terms of technological level, product variety, product cost, market share, and application areas. In addition, in terms of customer resources, the company has become a supplier to well-known domestic and foreign panel and terminal enterprises such as South Korea's Samsung, LG, jd.com, BOE Technology Group, and Truly Opto-electronics. Furthermore, the reflective film has been introduced to top customers in Europe and America in 2024, and will continue to expand the company's global influence in the reflective film field.
CICC Starts Ningbo Solartron Technology at Outperform With 14.79 Yuan Price Target
ningbo solartron technology (688299.SH): Foldable screen phones are the most important application scenario for CPI film.
On September 24, Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform that the company is actively and steadily promoting the construction of the project. The company will implement it step by step, and the first mass production line is expected to start in 2025. Once completed, the company will become one of the few in the global market able to supply related products in bulk, break foreign monopolies, and achieve domestic substitution. Foldable screen smartphones are the most important application scenario for CPI films, and both domestic and foreign mainstream mobile phone manufacturers are important target customers for the company. Currently, the company is actively working with these companies and related supply chain enterprises on sample selection and testing.
Ningbo Changyang Technology Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Ningbo Changyang Technology Co., Ltd.
Ningbo Solartron Technology (688299.SH) released its semi-annual performance results. The net income was 17.0574 million yuan, a decrease of 71.92% year-on-year.
Ningbo Solartron Technology (688299.SH) disclosed its 2024 interim report, realizing a revenue of 6...
Ningbo Solartron Technology (688299.SH): The net income in the first half of the year was 17,057,400 yuan, a year-on-year decrease of 71.92%.
Ningbo Solartron Technology (688299.SH) released its semi-annual report, with revenue for the reporting period reaching 647.0348 million yuan, an increase of 14.82% year-on-year, and net income of 17.0574 million yuan, a decrease of 71.92% year-on-year. Among them, the sales revenue of reflective film has steadily increased, with a gross margin of 36.56%, maintaining a high level; the proportion of high-end products in the optical base film continues to increase, and the gross margin has improved quarter by quarter, increasing by 8.50 percentage points year-on-year. The main reason for the decline in net income during the reporting period is that the company's separator and other projects are still in the process of capacity climbing and construction.
Ningbo Solartron Technology (688299.SH): Currently, the solid state or semi-solid state battery companies that the company is in contact with have a widespread demand for new types of functional membranes.
Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform on August 22. First, solid-state batteries require the use of separators, but solid-state batteries have higher technical requirements for separators, such as high porosity, large aperture, and high rebound performance. Currently, solid-state or semi-solid-state battery companies that the company is in contact with have a widespread demand for new types of functional films. If the output of this industry is 100GW, the usage of new functional separators is around 1.5 billion to 2 billion square meters. With the rapid development of the solid-state battery industry, the use of separators for solid-state batteries will experience rapid growth.
Ningbo Solartron Technology (688299.SH): products are expected to achieve technological breakthroughs in high power, semi-solid-state batteries, and solid-state batteries and other fields.
Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform on August 5th that our wet process product adopts a new semi-dry, semi-wet process, which can not only produce conventional lithium battery separators, but also ultra-high porosity products. Currently, we have cooperated with multiple related mainstream customers in technology and have obtained small batch orders. In the future, our products are expected to achieve technological breakthroughs in high-power, semi-solid state batteries, and solid state batteries fields. For more information, please refer to the company's subsequent related announcements.
Ningbo Solartron Technology (688299.SH): Cumulative repurchase of 1.76% of shares, the company has completed the repurchase.
On August 2, Gelonhui announced that Ningbo Solartron Technology (688299.SH) had completed the repurchase of 5,101,496 shares of the company's total equity, accounting for 1.76% of the total equity. The highest repurchase price was 12.42 yuan/share, the lowest price was 7.65 yuan/share, and the total amount paid was RMB 50,091,774 (excluding stamp duty, transaction commissions, and other transaction fees) by August 2, 2024.
Hand Enterprise Solutions (300170.SZ): has long-term and continuous cooperation with Ningbo Solartron Technology and Luxi River in finance, intelligent manufacturing, and supply chain fields.
On June 27th, Gelonhui reported that an investor asked Hand Enterprise Solutions (300170.SZ) on the investor interaction platform, 'How is your cooperation progressing with Ningbo Solartron Technology and Luxi River?' The company replied that it has a long-term and continuous cooperation with Ningbo Solartron Technology and Luxi River in finance, intelligent manufacturing, and supply chain, and all aspects are progressing well.
Ningbo Solartron Technology (688299.SH) annual equity distribution for 2023: 0.50 yuan per 10 shares, registration of shares on June 13th.
Ningbo Solartron Technology (688299.SH) issued the annual equity distribution implementation announcement for 2023, with the distribution of equity distribution shares...
Ningbo Solartron Technology (688299.SH): has cumulatively repurchased 1.75% of the company's shares.
On June 3rd, Gelunhui reported that Ningbo Solartron Technology (688299.SH) announced that as of May 31st, 2024, the company has cumulatively repurchased 5,093,296 shares of the company through the Shanghai Stock Exchange trading system by means of centralized bidding trading, accounting for 1.75% of the company's total share capital of 290,496,916 shares. The highest purchase price was 11.91 yuan/share, the lowest was 7.65 yuan/share, and the total amount paid was 49,990,100 yuan (excluding transaction fees).
Changyang Technology (688299.SH): OCA release film base film and other products have been shipped in stable batches
Gelonghui, May 22丨Changyang Technology (688299.SH) recently said during a survey receiving institutional investors that optical substrates mainly use polyester slices as raw materials. Because they require excellent optical properties such as low haze, high light transmittance, high surface finish, and small thickness tolerances, they all have high requirements for polyester slices, processing equipment, and workshop cleanliness, etc., so optical base films are one of the fields with the highest technical barriers in the field of optical films. By continuously improving the key indicators of optical substrates such as light transmittance, haze, appearance, and adhesion, the company has increased the share of shipments of products such as optical pre-coating films for displays, and also in the field of application
Changyang Technology (688299.SH): Mini LED reflective film products have been stably supplied in batches to Samsung, Hisense and other customers
Gelonghui, May 22丨Changyang Technology (688299.SH) recently said during a survey receiving institutional investors that LCD displays with mini LED backlight technology are far superior to LCD displays with ordinary LED backlighting in terms of brightness, contrast, and color reproduction, and can compete directly with OLEDs. The company's Mini LED reflective film products have been stably supplied in batches to Samsung, LG, TCL, Hisense and other customers. According to the TrendForce Jibang Consulting report, it is expected that subsequent Mini LED backlit TV shipments will continue to grow, reaching 62 in 2024
Why Ningbo Solartron TechnologyLtd's (SHSE:688299) Shaky Earnings Are Just The Beginning Of Its Problems
Changyang Technology (688299.SH) announced first-quarter results. Net profit of 8.2328 million yuan decreased by 66.97% year on year
Changyang Technology (688299.SH) released its report for the first quarter of 2024. The company achieved operating income of 3 during the reporting period...
Changyang Technology (688299.SH): Signed a joint development agreement with Huizhixing
Gelonghui, April 18, 丨 Changyang Technology (688299.SH) announced that it recently signed a “Joint Development Agreement” with Ningbo Huizhixing New Material Technology Co., Ltd. (“Huizhixing”). The two sides have joined hands to promote the development and application of products such as CPI and PET functional film materials to jointly promote the localization of key optical films. Products such as CPI and PET functional film materials developed jointly have been verified by core terminal customers and large-scale orders have been formed. Party A will mass-produce and supply as Party B's priority supplier of the base film for this product, and prioritize the guarantee of supply and the best price.
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