Zhejiang Narada Power Source's Executive President Gao Xiubing: The Datacenter Business has a full Order volume, and the mass production cost of Solid State Battery is expected to be lower than 1 yuan/Wh | Financial Special Interview
① This year, the growth of the company's Datacenter Business is a new highlight, with domestic Orders currently full and capacity utilization exceeding 90%; ② Gao Xiubing stated that in two to three years, the company's Solid State Battery will be usable in low-altitude aircraft; ③ With the accelerated layout of computing power center construction, the Datacenter battery products are experiencing explosive growth, with simultaneous growth in both domestic and overseas markets.
Last year, electromagnetic wire contributed over 40% of the profits. Gold cup Electric Apparatus: it is expected that the new capacity of 6,000 tons for the flat electromagnetic wire Phase III will be added in Q2 | Interpretations.
① The demand for electromagnetic wire is strong, and the company's revenue in 2024 is expected to grow by 15.54% year-on-year; the Net income attributable to the parent company is expected to grow by 8.78% year-on-year. ② The expansion of production capacity for the special flat electromagnetic wire for New energy Fund Electric Machine by Jinbei is progressing, with the first batch of 6000 tons of capacity expected to be gradually released in Q2 of this year.
The price of FPSO orders has increased by 50% over three years. China International Marine Containers will prioritize improving profitability in future orders | Direct coverage of the Earnings Conference.
① In 2024, the company achieved a revenue of 177.664 billion yuan, a year-on-year increase of 39.01%; the Net income attributable to the parent company was 2.972 billion yuan, a year-on-year increase of 605.60%; ② The company's Chairman, Mai Boliang, stated that this year the FPSO order volume will further increase, and future order acquisitions will focus on enhancing the order value. The demand for containers is also expected to be supported.
Shanghai Electric Group: The 2024 annual report shows a surge in Orders but a decline in profits, and the risk of accounts receivable remains a concern.
Shanghai Electric Group 2024 Annual Report: A surge in orders cannot hide the decline in profits, and the risk of accounts receivable remains a concern. Key points summarizing financial performance: In 2024, total operating income reached 116.186 billion yuan, a slight increase of 1.2% year-on-year; Net income attributable to shareholders was 0.752 billion yuan, down 6.3% from the restated profit of 0.803 billion yuan in 2023; Basic EPS was 0.048 yuan, lower than the restated 0.052 yuan from the previous year. Gross margin was 18.6%, showing slight improvement. The Board of Directors recommends not to distribute a final dividend for the fiscal year 2024. Progress in core business: Revenue from Energy equipment.
Mecca Xincai: Ship coating certification "passed a checkpoint". The new track has great potential but challenges remain | Quick read announcement.
① Maijia Xincai announced today that it has recently obtained the anti-fouling paint certificate from DNV (Det Norske Veritas), making further progress in the ship coating field; ② Industry insiders stated that classification society certification is a necessary condition for the company to enter the ship coating field. Currently, there are about four or five companies in China that have the necessary technological reserves. Maijia Xincai is making rapid progress, but there are still challenges in capturing the market.
Under the warming of emotions, the concept of price increases continues to ferment, pay attention to the continuity of Siasun Robot&Automation and deep-sea Technology repairs.
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