Is it photovoltaic materials instead of semiconductors? Ningbo Fuda plans to acquire control of Jingxin Materials | Quick read of the announcement.
① Ningbo Fuda announced tonight its intention to acquire control of Jingxin Materials through cash equity transfer or capital increase; ② Jingxin Materials mainly produces silver paste for solar photovoltaic applications, back silver paste, special conductive silver powder, and more; ③ There were earlier market rumors at the end of last year that Rongxin Semiconductors would inject into Ningbo Fuda, which the company denied.
The expectation of alumina production boosts the market for caustic soda, and the profitability of related listed companies is expected to improve | Industry Dynamics.
① Driven by expectations of downstream Aluminum oxide expansion, on January 7, the Futures Block Orders contract SH2505 for caustic soda reached a high of 3068 yuan/ton, refreshing a nearly one-year high during the trading session; ② Tangshan Sanyou Chemical Industries stated that, supported by the growth in demand for downstream Aluminum oxide and electrolytic Aluminum, caustic soda prices are expected to be running at a high level in 2025.
Repurchase amount does not meet the standard, jilin yatai group is ordered to make corrections | Speed reading announcement
①Upon the expiration of the repurchase period, jilin yatai repurchased amount is below the lower limit of the total repurchase amount, jilin Securities Regulatory Bureau requested correction. ②Jilin Securities Regulatory Bureau decided to take regulatory measures to order the company to make corrections, and record it in the integrity files of the securities and futures market.
Conch Cement's Q3 revenue fell by 32.89% year-on-year, with net income also decreasing by 15.13%. | Financial Report Watch
In the third quarter, due to the dual decline in sales volume and prices of cement business products, the company's revenue and profit both saw a double-digit year-on-year decrease.
Net income plummeted by over 74 times, with a loss of 3.7 billion in the first three quarters, xinjiang tianshan cement, the leading company in the cement industry, still has bonds outstanding amounting to 6 billion.
1. The structural overcapacity contradiction in the cement industry remains prominent. 2. Analysis points out that the company faces potential risks of accounts receivable, inventory, and goodwill impairment.
china construction and Mitsubishi electrical utilities consortium won the nearly 0.6 billion US dollars EPC contract for the Moroccan power plant.
①ch energy eng group and japan's Mitsubishi electrical utilities consortium successfully won the contract for the Al Wahda power plant for approximately 0.595 billion dollars; ②This power plant will become the largest power plant in Morocco.