The competition in the wind power industry has reached the component sector, and Tongyu Heavy Industry expects to incur losses in the peak season of Q4 last year. | Interpretations
On the evening of the 21st, Tongyu Heavy Industry announced that it expects a significant decline in performance of about 80% in 2024. According to the company's forecast data, there will be losses in the normally busy fourth quarter. The company stated that intensified competition in the wind power industry and falling product prices have greatly impacted its performance.
The Chairman of Special Treat Baili has been subjected to disciplinary action by the Exchange. Can the new Chairman lead the company out of the "quagmire"? | Quick read of the announcement.
① The actual controller and current Director and President of ST Special Treat, Wang Hairong, and relevant responsible persons received the "Disciplinary Sanction Decision" issued by the Exchange; ② Recently, Lei Limeng became the new Chairman of ST Special Treat, and prior to this, his company Hunan Paile Technology purchased 10 million shares of ST Special Treat.
The recovery of Semiconductors could not withstand the erosion of costs, Hunan Kaimeite Gases' losses widened last year | Interpretations
① Hunan Kaimeite Gases expects to incur a net income loss of 43.8 million yuan to 54 million yuan in 2024; ② The company stated that the main reasons for the decline in performance are: first, the prices of rare gas related products decreased; second, the termination of the restrictive stocks incentive plan implemented in 2022, which will be included as corresponding costs and expenses in 2024.
Jointo Energy Investment's non-recurring net profit increased by more than 50 times last year, with profits from the thermal power main business rising. | Interpretations
① Jointo Energy Investment expects that the net income attributable to the parent will increase nearly 1.8 times year-on-year in 2024; the net income after deducting non-recurring gains and losses is expected to increase by more than 55 times year-on-year; ② Regarding the reasons for the performance changes, Jointo Energy Investment stated that in 2024, the company will achieve an increase in power generation and heating volume year-on-year, while fuel costs will decrease year-on-year.
2.28 billion "integrated project" has failed. Ningbo Bohui Chemical Technology: cost of goods sold has significantly increased, and a loss is expected in 2024 | Quick announcement.
① Eleven months after signing the investment cooperation agreement, the integrated project for 1.6 million tons/year of New Materials and high-end Chemicals, in collaboration with the Ningbo Economic Development Committee, has been canceled; ② Ningbo Bohui Chemical Technology stated that due to significant changes in the current internal and external environment, there is considerable uncertainty in the continued implementation of the integrated project; ③ In 2024, Ningbo Bohui Chemical Technology expects a loss of 0.235 billion yuan to 0.411 billion yuan, and the total tax amount to be supplemented by the company is 0.48 billion yuan.
Peking University has made breakthroughs in Solid State Battery materials technology, which is expected to bring new development opportunities to the Industry.
According to reports, journalists learned from Peking University that the team led by Pang Quanquan at the School of Materials Science and Engineering has developed a new type of Glass phase sulfide solid electrolyte material, and used this material to create an all-solid-state lithium-sulfur battery with excellent fast-charging performance and ultra-long cycling life.
bullrider_21 OP : Tesla's Europe sales fell in 2024. Tesla's US sales fell in 2024. Tesla's Australia sales fell in 2024. Only Tesla's China sales are up.
74216494 bullrider_21 OP : And ? NIOs European sales are microscopic, US sales non-existant, Australias sales non-existant, China sales mediocre, compared to newcomers like XIAOMI or ZEEKR. TSLA still makes money; NIO never did.
bullrider_21 OP 74216494 : Comparing Nio and Tesla is like comparing apple and orange.