Quechen Silicon Chemical: The sales volume of products with strong downstream demand has increased, and the exploration of new scenarios continues to be carried out | Directly hitting the earnings conference.
① The downstream tire industry has a high level of prosperity, and Quechen Silicon Chemical's main products have strong production and sales. The sales volume of silicon dioxide in the second quarter of 2024 reached a record high. ② Quechen Silicon Chemical's chairman, Wei Dong Que, introduced that there are many applications for silicon dioxide microspheres, and the company's microsphere products are also an important part of the implementation of the import substitution strategy.
One makes a fortune while the other loses everything, the stark difference between two projects red avenue new materials group invested in four years ago | interpretations
①Red Avenue New Materials Group released its semi-annual report, with a net profit increase of over 40% in the first half of the year; ②The photoresist business in the first half of the year was the main driving force behind the company's growth, while the PBAT business saw a depreciation of over 94 million yuan in the first half of the year, dragging down the company's performance; ③Both the photoresist project and the PBAT project were started four years ago, and now the PBAT project is vastly different from the photoresist business.
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Afternoon review: Prev fell 1.3%, A-share "drink and eat meat" market more than 170 stocks fell by the daily limit
By midday, the three major A-share indexes were up and down, with the Prev down 1.3% and the Shenzhen Composite Index down 0.55%. The gem index was up 0.43%. From the market point of view, liquor, pork, chicken and other concepts led the increase. In the liquor sector, Guizhou Moutai trading limit, Gujing tribute wine, Luzhou laojiao trading limit, Wuliangye close to the limit; in the pork plate, Muyuan shares rose more than 8%; in the chicken concept, Xiaoming shares 20CM, Shengnong development limit. However, under the condition of A-share "drinking and eating meat", as many as 3800 companies in the two cities fell, while the number rose to only 600. the number of companies that fell to the limit reached 176,
Chemical stocks have soared again. Please put away the leaders in these subdivided fields (list).
On September 22, the first day after the festival, the chemical plate rose and stopped again. Jianxin shares "20CM" rose by the limit, Juhua shares, three-dimensional shares, Celtic, New Yaqiang, Meibang shares and other stocks rose by the daily limit, while Hubei Yihua and Lubei Chemical rose by more than 8 percent. On the news side, due to the rapid rise in the price of raw material yellow phosphorus, and the continuous decline in construction, the spot supply in the market is becoming more and more tight, and it is difficult for phosphoric acid enterprises to purchase raw materials. It is difficult for some phosphoric acid plants in southwest and southern China to continue production, and the plant has been shut down one after another. The supply of phosphoric acid may be further reduced in the short term. Recently, the prices of related products in the phosphorus chemical industry chain have continued to rise.