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Mingguan New Materials 2024 annual results forecast
Crown Advanced Material Co.,Ltd. (SHSE:688560) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Crown Advanced Material (688560.SH): The implementation period of the shareholding plan is already halfway through, and jiangxi Ronghe Venture Capital has not yet increased its shareholding in the company.
Gelonghui November 29th | Crown Advanced Material (688560.SH) announced that as of November 29, 2024, more than half of the implementation period of this shareholding plan has passed, and Jiangxi Ronghe Venture Capital has not increased its shareholding in the company. Mainly due to the impact of holidays, regular report blackout periods, market fluctuations, Jiangxi Ronghe Venture Capital has not increased its shareholding in the company, and this shareholding plan has not been fully implemented yet.
Crown Advanced Material (688560.SH): The company's aluminum-plastic film products are being utilized by solid state battery customers.
Glory Securities reported on November 29 that Crown Advanced Material (688560.SH) stated on the interaction platform that the company's lithium battery aluminum-plastic film customers include Ganfeng Battery, Farasis Energy (Gan Zhou) Co., Ltd., Qingt陶 Energy, Camel Group Co., Ltd., Chaowei Battery, GY Battery, etc. The company's aluminum-plastic film products have been applied in solid state battery customers and are also used in various terminal fields of power batteries.
Involving some expenses related to the issue of cross-period confirmation, crown advanced material receives regulatory warning letter.
① Crown Advanced Material stated that the current chairman and CFO of the company are performing their duties normally. The administrative supervision measures will not have a significant impact on the company's daily operations, and the company's operations are all normal; ② With the introduction of relevant supply-side reform policies by industry associations and others, the photovoltaic industry chain may be expected to clear up by mid-2025 at the earliest, and overall profitability is expected to see a turnaround.
Mingguan New Materials 2024 Third Quarter Report