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Why Investors Shouldn't Be Surprised By Guizhou Zhenhua E-chem Inc.'s (SHSE:688707) 25% Share Price Surge
Zhenhua New Materials: 2024 Annual Results Express Announcement
2024 Annual Results Express Announcement
Zhenhua New Materials (688707.SH) has a net loss of 0.528 billion yuan for the year 2024.
Zhenhua New Material (688707.SH) released its 2024 annual performance report, with total annual operating revenue for 2024...
Shenyang Cuihua Gold and Silver Jewelry (002731.SZ): Si Tui Rui Lithium Industry's main customers in the past three years include SQM, Zhenhua New Materials, etc.
On February 20, Globenewswire reported that Shenyang Cuihua Gold and Silver Jewelry (002731.SZ) stated on the investor interaction platform that its subsidiary, Sitri Lithium Industry, primarily engages in the production, sales, and processing of lithium salt products, which are the main raw materials for the mainstream New energy Battery currently on the market. In the past three years, Sitri Lithium Industry's major clients have included SQM, Zhenhua New Materials, Ruixiang New Materials, Tianli Lithium Energy, Sinopec, Hongxing Electronics, Ningbo Ronbay New Energy Technology, and BTR.
Zhenhua New Materials (688707.SH): It is expected that next year the market share of installed capacity for ternary materials will increase.
According to the meeting with institutions on February 13, Zhenhua New Materials (688707.SH) stated that when considering application scenarios, the long-range battery to be launched this year has increased its pure electric range to over 400 kilometers, which can basically cover daily travel while also alleviating range anxiety with a fuel tank. Currently, many car manufacturers are launching or planning to increase investment in range-extended models equipped with large batteries. Based on energy density and cycling requirements, long-range batteries mainly use ternary batteries at present. Additionally, in terms of high energy density application scenarios like Solid State Batteries and low-altitude, it is also advantageous for ternary materials, with expectations for next year.
Analysts Are More Bearish On Guizhou Zhenhua E-chem Inc. (SHSE:688707) Than They Used To Be