The 2024 Net income is expected to turn from loss to profit. Yueyang Forest & Paper "intensively" acquires old assets to enhance performance | Interpretations

① Yueyang Forest & Paper expects to turn from a loss to a profit in net income for 2024, boosted by the performance of Juntao Technology, which was acquired in late December last year; ② Affected by weak overall market demand, the company's paper product sales volume is expected to decline year-on-year in 2024, and the sales prices of paper products have decreased compared to the same period last year.

cls.cnJan 23 08:22 ET

The significant update of the YuShu robotic dog has sparked heated discussions, and the Industry Chain of robotic dogs is expected to experience an early explosion.

On December 23, YUshu Technology updated a video of the Unitree B2-W robotic dog, captioning it, "After a year of mass production, the Unitree B2-W industrial wheeled foot has awakened more gifted skills!" Open-source securities analyst Meng Pengfei pointed out that currently, China's quadruped robotic dogs are globally leading and are expected to become a priority landing scenario for Siasun Robot&Automation.

cls.cnDec 23, 2024 19:11 ET

China Chengtong accelerates the integration of its papermaking business. Yueyang Forest & Paper plans to "recover" old assets for 1.28 billion.

① China Chengtong integrates the papermaking business, mcc meili cloud computing industry investment and yueyang forest & paper are both taking action; ② yueyang forest & paper plans to acquire a pulp company that was divested years ago for 1.28 billion cash; ③ the symbol has had stable profits in the past two years, while yueyang forest & paper's operation continues to be under pressure; ④ the symbol was divested by yueyang forest & paper in 2015 due to poor performance.

cls.cnNov 26, 2024 08:35 ET

After an announcement shook the market, shandong chenming paper's stock price dropped significantly in both A and H shares today, with many banks stating that there is currently no crediting cooperation.

①Affected by relevant news, today both A and H shares of Shandong Chenming Paper opened with significant declines. ②As a star enterprise in Shandong, Shandong Chenming Paper has been a key public relations and investment target of banks. ③Several banking professionals have told Caixin that they currently have no crediting cooperation with Shandong Chenming Paper. Some cooperating banks still maintain exposure, which is continuously decreasing.

cls.cnNov 20, 2024 01:07 ET

"Is life as fragile as paper"? Products have dropped in price, debts have defaulted, and the former leading company shandong chenming paper has stopped production on a large scale. | Speed ​​announcement

① Shandong Chenming Paper has 2.394 billion in overdue debts, with over 70% of its production capacity restricted; ② The company attributes its difficulties to industry shocks, but its performance has significantly lagged behind competitors; ③ The company's production halt has led to a shortage of white cardboard, which may help boost the market for white cardboard; ④ Besides papermaking, the company also has a considerable scale of financing leasing business; ⑤ As early as 2023, its financing leasing business has already faced a crisis.

cls.cnNov 19, 2024 09:57 ET

Non-public offering of information disclosure violations, yueyang forest & paper's controlling shareholder receives warning letter | Quick Read Announcement

①As a result of the previous issuance of additional shares, there were violations in the disclosure process, and the direct controlling shareholder of yueyang forest & paper received a warning letter. ②Affected by the industry downturn, the gross margin of new projects undertaken has decreased compared to previous years, and Chengtong Kaisheng's net income in H1 of this year has changed from profit to loss.

cls.cnSep 18, 2024 10:24 ET