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XTC New Energy Materials(Xiamen) Co.,Ltd.'s (SHSE:688778) Market Cap Surged CN¥711m Last Week, Public Companies Who Have a Lot Riding on the Company Were Rewarded
Xiamen Xia Tungsten New Energy Materials Co., Ltd. Report for the Third Quarter of 2024
Xiamen Tungsten's Q3 revenue and net profit both continued to decline year-on-year, while the progress of NL cathode material is smooth.
①Xiamen Tungsten's lithium battery cathode material products achieved sales volume of 0.0711 million tons in the first three quarters, with sales volume of 0.0263 million tons in the third quarter; the company's quarterly revenue and net income have continued to decline year-on-year since 2023; ②NL's brand new structured cathode material developed in collaboration with a well-known battery company has progressed smoothly and is expected to be widely used in the fields of 3C consumer electronics, siasun robot&automation, low-altitude economy, solid state batteries, etc.
Xiamen Tungsten (688778.SH) released its performance for the first three quarters, with a net income of 0.367 billion yuan, a decrease of 10.89% year-on-year.
Xiamen Tungsten New Energy (688778.SH) disclosed the third quarter report for 2024, achieving revenue of 98...
Xiamen Tungsten New Energy (688778.SH): Changes in the ownership structure of indirect controlling shareholders.
GeLongHui October 22nd | Xiamen Xiawu New Energy (688778.SH) announced that the recent change was a change in the equity structure of Xiamen Xiawu New Energy Materials Co., Ltd., an indirectly controlled shareholder of Fujian Province Metallurgy (Holdings) Co., Ltd. (referred to as 'Metallurgy Holdings'), by Fujian Provincial State-owned Assets Supervision and Administration Commission of the State Council (referred to as 'Fujian SASAC'), transferring its 20% equity of Metallurgy Holdings held by Fujian SASAC free of charge to Fujian Provincial Industry Investment Co., Ltd. (referred to as 'Fujian Industry Investment Company'); This change did not result in any changes in the number of shares indirectly held by Metallurgy Holdings in the company or the shareholding ratio, Metallurgy Holdings.
swhy's New Energy Industry 2024 Q3 Performance Outlook: Volume Increase Drives Price Stability, Performance Elasticity Can Be Expected.
The overall performance of the new energy fund segment in Q3 24 remained stable, consistent with Q2 trend, with increased volume of power storage and wind power, and decreased prices of upstream raw materials such as lithium carbonate, silicon materials, and steel, but already approaching historical lows.
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