Product quantity and price have both declined, coupled with impairments in goodwill and intangible Assets. Guangxi Wuzhou Zhongheng Group expects a loss of 0.2 billion to -0.4 billion yuan in 2024 | Interpretations.
① Guangxi Wuzhou Zhongheng Group released its annual performance forecast for 2024, expecting a net loss of 0.22 billion yuan to -0.43 billion yuan, with the non-recurring net income also expecting a loss of 0.2 billion yuan to -0.4 billion yuan. ② Despite the performance pressure, Guangxi Wuzhou Zhongheng Group simultaneously announced multiple measures to maintain the company's stock price, including stock cancellations, share repurchases, and voluntary locks by major shareholders.
Star Evening News | Na Rui Radar, Jun Pu Asia Vets and others predicted profits for 2024. Fujian Foxit Software Development Joint Stock plans to acquire 51% equity in Tongban Information for 0.475 billion yuan.
① The Ministry of Commerce and 8 other departments: Explore efficient collaborative autonomous driving technology applications based on vehicles, roads, networks, clouds, and maps in multiple scenarios; ② The Financial Regulatory Bureau: Actively adapt to the trend of intelligent driving; ③ The installed capacity of renewable energy power generation in our country has surpassed that of thermal power generation for the first time.
Mubang High-Tech's performance raised multiple questions and inquiries, and the highly-paid "flag bearer" hired to guide the transformation has resigned | Interpretations
① Mubang High-Tech expects a net loss of 0.42 billion yuan to 0.52 billion yuan last year, with a non-recurring net loss of 1.17 billion yuan to 1.44 billion yuan; ② The company's performance has just hit a "critical point," and the Shanghai Stock Exchange issued an "Inquiry Letter," requiring an explanation of whether there is a situation of avoiding delisting by prematurely recognizing income; ③ Before the end of the year, Company Executives have successively resigned, including a prominent figure who was hired with a high salary to guide the company's transformation.
JD.com's domestic mobile phone sales have increased by 200% month-on-month, and mobile phone supply chain manufacturers are expected to release performance elasticity.
According to media reports, as of January 20th at 12:00, the national subsidy activities in Peking, Hubei, Jiangsu, Zhejiang, and Shaanxi are fully launched on JD.com, and activities in other provinces and cities are also being rolled out. Among the provinces and cities where the national subsidy is launched, smartphone sales have increased by 200% month-on-month, and tablet sales have increased by 300%.
With the highest net profit projected to increase by more than double, Weigao Orthopedics is expected to "recover" in 2024, as orthopedic consumables enter a stable period for centralized procurement.
① Regarding the reasons for the performance changes, Weigao Orthopedics attributes it to the company's implementation of volume-based procurement policies and the proactive adjustment of relevant Business strategies, as well as the contribution of new product lines and overseas markets; ② Another orthopedic company, Double Medical Technology Inc., also saw significant recovery in performance. Weigao Orthopedics General Manager Lu Junqiang mentioned that although there was a substantial price drop before and after the centralized procurement, the main product lines achieved sustained growth in sales volume, surgical volume, and market share.
Boe Technology Group is expected to turn a profit in non-recurring net profit for the first time in three years. Can the panel industry maintain its growth trend in 2025? | Interpretations
① Boe Technology Group released its performance forecast for 2024, expecting a positive Net income for the first time in three years; ② The company stated that demand-based production of LCDs, policy incentives, and the continuous growth of OLED shipments are the main reasons for the company's performance growth; ③ Analysts believe that in 2025, LCD production will primarily focus on "controlling production and stabilizing prices," while OLED will continue to penetrate the market.