The prosperity of viscose filament is improving. Xinxiang Chemical Fiber expects its performance to increase by more than six times in 2024 | Interpretations.
① Due to the rise in demand for rayon driven by the trend of national style, the industry has seen an increase in prosperity, leading Xinxiang Chemical Fiber to turn losses into profits in 2024; ② The viscose filament industry has a high concentration, with Xinxiang Chemical Fiber's production capacity accounting for about 40% of the national total production capacity.
Once the largest business, now it has become a "burden" on performance. Guangdong Topstar Technology expects to report its first loss since going public | Interpretations.
①Due to the halving of revenue from the formerly largest business, resulting in a loss of approximately 0.2 billion yuan and the recognition of impairment losses, the Robot Concept stock Guangdong Topstar Technology may experience its first loss since going public last year. ②The company stated that significantly shrinking the scale of the Asia Vets Energy and Environmental Management System business has a substantial impact on Net income. ③In the future, Guangdong Topstar Technology will continue to focus on developing business related to robots, CNC machine tools, DKM Injection Machine, and other product categories.
BYD's overseas strategy: Brazil is a top priority, ASEAN is the present, Europe is the future.
Morgan Stanley stated that exports remain a key pillar for BYD to achieve sales growth in 2025, until its overseas production bases are fully operational. Amid escalating geopolitical tensions in other regions, ASEAN and the Americas will become major sales markets for BYD.
Cailian Press Autos Morning Report [January 16]
① The Ministry of Commerce: This week, detailed implementation rules for new purchase subsidies for mobile phones and other digital products will be issued successively; ② Guangdong: The production of New energy Fund vehicles will grow by 43% in 2024, accounting for a quarter of the national total; ③ Chongqing Changan Automobile: It will enter the Europe market in 2025;
OpenAI is entering the virtual assistant field, and Asia Vets are accelerating the move into commercialization.
① OpenAI has announced the launch of a beta feature called Tasks for ChatGPT, marking the company's entry into the virtual assistant field. ② Market analysis suggests that this beta feature from OpenAI signifies its move towards the era of releasing autonomous AI (Agentic AI), with plans to introduce a large number of AI agents in the future.
The PC market has achieved growth for five consecutive quarters. Institutions say the moment of AIPC transformation will begin in 2025.
According to Canalys' latest data, the PC market has achieved growth for five consecutive quarters in the fourth quarter, with total shipments of desktops, laptops, and workstations reaching 67.4 million units, a growth of 4.6%. Aixin Securities believes that AIPC Software and Hardware are co-evolving, and over the past year, major global manufacturers have continuously explored aspects such as AI enablement, product forms, and user experience, with the transformation moment opening in 2025.
bullrider_21 OP : BYD will delve into making humanoid robots.