Breaking through the 'darkest moment', SAIC General Motors has no Plan B.
Aiming to become the leader among joint ventures.
Photovoltaic Glass supply exceeds demand, Flat Glass Group's net profit shrinks by over 1.6 billion yuan in 2024 | Interpretations
1. Flat Glass Group expects the net income attributable to shareholders in 2024 to decrease by 1.684 billion yuan to -1.822 billion yuan, a year-on-year reduction of 61%-66%; 2. The main reason for the decline in net income is the oversupply of Photovoltaic Glass in the second half of 2024, leading to a significant price drop; 3. Flat Glass Group experienced net income losses in both Q3 and Q4 of last year.
[Data Watching] QUANSHANGETF trading volume surged, three leading funds raised nearly 0.5 billion to buy Hand Enterprise Solutions.
① The transaction volume of several QUANSHANGETF has greatly increased, among which the E Fund CSI Hongkong Bond Investment Theme ETF (513090) saw a 214% increase in transaction volume compared to the previous period. ② The AI Asia Vets Concept stock Hand Enterprise Solutions received a total Buy of 0.46 billion from three major first-line speculative positions.
Another 20 companies added this week! Zhejiang Huayou Cobalt and several other stocks have disclosed shareholding repurchase and loan plans, a list of related A-shares is provided.
① The number of A-share listed companies receiving special loan support continues to expand. According to incomplete Statistics, as of this report, 20 listed companies have disclosed information regarding share repurchase and increased shareholding related to re-loaning this week (attached table); ② Zhejiang Huayou Cobalt has the highest amount of special loan funds, with a loan of 0.36 billion yuan.
Intense competition has led to continuous losses for Nanjing Panda Electronics, and jiegoutiaozheng of the Business structure still needs to break through. | Interpretations
1. Nanjing Panda Electronics expects a net income of approximately -0.22 billion yuan to -0.15 billion yuan in 2024, experiencing losses for two consecutive years, but the loss amount has narrowed compared to last year; 2. The company states that the Intelligent Manufacturing business and the power and communication business are facing intense competition in the current market, leading to a decrease in revenue and gross profit; 3. Despite the company's active adjustments to its business structure, the long transition period for market transformation has resulted in disappointing new customer expansion.
The semiconductor material manufacturer Xinyi Technology has started the A-share IPO counseling, with Tuojing Technology and Advanced Micro-Fabrication Equipment Inc. China both investing.
① Xinmi Technology has completed the listing counseling filing and intends to go public on the A-shares, with Sinolink serving as the counseling institution; ② The strategic financing completed by Xinmi Technology in May 2023 was jointly invested by the leading domestic film deposition equipment company Tuojing Technology and the leading company in the Semiconductors etching equipment, Advanced Micro-Fabrication Equipment Inc. China.