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.
Last year's net profit is expected to reduce losses to around 100 million yuan. Henan Yuneng Holdings is making significant investments in pumped storage projects | Interpretations.
① Henan Yuneng Holdings is expected to reduce losses to around 1 billion yuan in 2024; ② the company is making significant investments in pumped storage power projects.
Commonwealth Bank of Australia offloads 4.3 billion in Bank Of Hangzhou and still Holds a 15% stake in Qilu Bank.
① The Commonwealth Bank of Australia has agreed to transfer its remaining 5.45% stake in the Bank of Hangzhou to New China Life Insurance, for a total price of approximately 4.3 billion yuan; ② As of now, the Commonwealth Bank of Australia still Holds a 15% stake in Qilu Bank, making it the largest Shareholder.
Net profit growth exceeds 70%, and the insurance industry's performance growth rate is on track to break a decade record.
Another listed insurance company has disclosed a "good news" report. On January 24, The People's Insurance announced that the company achieved a net profit attributable to the parent of 398.53-...
Datang International Power Generation's net profit is expected to more than double last year, benefiting from efforts to reduce fuel costs | Interpretations
① With both thermal and hydropower making strong efforts, Datang International Power Generation's net profit last year more than doubled year-on-year; ② Looking ahead to 2025, the industry generally believes that Thermal Coal prices will be in a narrow fluctuation trend.
【Data Observation】Institutions are buying multiple AI Asia Vets Concept stocks, with retail investors and Algo working together to aggressively acquire Anhui Xinke New Materials.
① AI Concept stocks surged, with multiple stocks receiving Buy from Institutions, among which Hand Enterprise Solutions received 0.179 billion from Institutions. ② The Copper connection Concept stock Anhui Xinke New Materials received over 0.3 billion from three leading speculative positions and nearly 100 million from two Algo positions.