Gold prices have repeatedly reached historical highs, and gold companies are showing impressive performances while increasing reserves. The "long bull" trend still exists | Year-end review.
① This year's gold prices have repeatedly hit new highs, performing particularly impressively; ② Among A-share gold companies, SD GOLD, Zijin Mining Group, Shanjin International, and * Special Treat Zhongrun are actively increasing their reserves; ③ Many industry insiders believe that the trend of a "long bull" market for gold still exists; however, the risks of short-term fluctuations cannot be overlooked.
Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.
① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.
After being imprisoned at 60 years old, Zhou Dehong plans to transfer jiangsu baoli international investment for the third time. Will Chizhou State-owned Assets successfully "take over"?
① The actual controller of jiangsu baoli international investment, Zhou Dehong, is planning to transfer the company's control to a fund invested by the Chizhou State-owned Assets Supervision and Administration Commission; ② Zhou Dehong was sentenced to prison in 2022 and has attempted to change the control of the company twice since last year, but both attempts have failed; ③ In recent years, Chizhou's state-owned capital has invested very little in A-shares, with the only listed company under its control being anhui jiuhuashan tourism development, which was transferred from the provincial state-owned assets last year.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.
cnpc capital's long-term private equity investment reached 15.196 billion in the third quarter, with Kunlun Capital, a subsidiary, actively involved.
① Cnpc Capital achieved a revenue of 29.215 billion yuan in the first three quarters, a year-on-year increase of 3.55%; net income attributable to the parent company was 4.342 billion yuan, a year-on-year decrease of 17.55%. ② Kunlun Capital, a subsidiary of CNPC Capital, focuses on serving the strategic transformation of PetroChina Group, adopting a "fund + direct investment" model, and deploying strategic emerging industries such as new energy, new materials, energy-saving and environmentally friendly, intelligent manufacturing.
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.