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.

cls.cnJan 17 10:57 ET

High concentration of clients and delays in demand planning adjustments. China Spacesat expects net profit to decrease by about 80% in 2024 | Interpretations

① China Spacesat's performance in 2024 is under pressure, with a net income expected to decrease by about 80% year-on-year; ② mainly affected by factors such as high customer concentration and delays in demand planning adjustments.

cls.cnJan 17 10:05 ET

In Q4, expected losses could exceed 0.8 billion yuan due to intensified competition and industry cycle adjustments. China Greatwall Technology Group anticipates an expanded loss last year | Interpretations

① Due to intensified market competition combined with multiple impacts from industry policies and adjustments in the industrial cycle, China Greatwall Technology Group reported a maximum expected loss of 1.52 billion yuan last year, with the highest single-quarter loss in Q4 potentially exceeding 0.8 billion yuan, reaching a new high. ② As of now, there has been no progress on the public listing for the sale of 40% equity in Greatwall Galaxy Technology. ③ From October 16 to November 11, the stock price of China Greatwall, a Concept stock, increased by 141.83%, while its performance exhibited some peculiarities.

cls.cnJan 15 09:20 ET

【Data Watch】The trading volume of multiple cross-border ETFs has increased significantly again, with five Institutions teaming up to sell off Guizhou Space Appliance.

① Multiple cross-border ETFs surged again today with a significant increase in trading volume, among which the Asia-Pacific Select ETF (159687) increased by 254% compared to yesterday's trading volume. ② The Defense stock Guizhou Space Appliance, which was on a trading halt, was a total Sell of 0.238 billion by five Institutions.

cls.cnJan 15 04:52 ET

Investing over 0.4 billion, Qiming Venture Capital enters Zhengzhou Tiamaes Technology. Is the "shell buying craze" restarting?

① After this Trade is completed, the controlling Shareholder of Zhengzhou Tiamaes Technology will change to Qiming Fund, and the actual controller of the listed company will change to Kuang Ziping. The latter is the founding managing partner of Qiming Venture Capital. ② People from the Venture Capital Institutions indicate that Qiming Venture Capital's entry into Zhengzhou Tiamaes Technology this time may ultimately aim to realize investment exit by injecting its Assets into the listed company. ③ A wave of "shell buying" by Venture Capital Institutions occurred in the A-share market in 2019.

cls.cnJan 7 04:58 ET

Zhengzhou Tiamaes Technology's "change of ownership" plan has emerged: Trade sets "different pricing for the same shares" with well-known VC participating in the integration.

① The well-known VC Qiming Venture Capital founder Kuang Ziping is about to become the actual controller of Zhengzhou Tiamaes Technology; ② This Trade adopts differentiated pricing, and industry insiders indicate that differentiated pricing helps provide more negotiation space, which can facilitate the acquisition and achieve a fair Trade.

cls.cnJan 7 02:46 ET