Shandong Linglong Tyre: Profit improvement from jiegoutiaozheng in product structure Northern America income accounts for approximately 18% | Directly covering earnings conference

1. The product structure is improving, coupled with the overseas second base achieving profitability, Shandong Linglong Tyre's revenue and gross profit for the first three quarters of this year have both achieved growth; 2. Wang Feng, the chairman and CEO of the company, stated that in the first three quarters of 2024, North American revenue accounted for around 18% of total revenue, and the company will actively explore overseas markets in the future and accelerate the selection of the location for the overseas third base.

cls.cnNov 12 01:39 ET

Strong demand, increased production capacity utilization, shandong linglong tyre's net profit in the first three quarters increased by nearly 80% year-on-year | Interpretations

① Product sales increased, combined with receiving anti-dumping tax refunds from the USA, shandong linglong tyre's net profit in the first three quarters increased by 78.39% year-on-year; ② Company officials stated that the company's semi-steel tyre orders remained strong this year, domestic supporting business further optimized, the Serbia base has already achieved monthly profits, and production capacity is rapidly increasing.

cls.cnOct 29 09:13 ET

Overseas new production capacity entering the release period. Jiangsu General Science Technology's Q3 revenue increased by more than 30% year-on-year | Financial interpretations

①Overseas new production capacity is being put into operation one after another, with full orders for semi-steel tires and jiangsu general science technology's revenue scale continuing to expand; ②Company officials stated that in Q3 of this year, the company faced issues such as rising raw material prices, increased marine transportation costs, and high cost amortization. As we enter the fourth quarter, cost pressures have already eased.

cls.cnOct 28 08:44 ET

Share buyback shareholding loans quickly landed! ICBC, BOC, ABC, CMB, CITIC and other first batch of multiple banks announced progress. Some banks have already shown cooperation intentions with nearly a hundred listed companies.

1. As of now, Bank of China has reached cooperation intentions with nearly a hundred listed companies, with 32 listed companies explicitly promised loans, covering multiple industries such as integrated circuits, transportation, high-end manufacturing, and business services; 2. The banks stated that they will strictly adhere to the risk compliance bottom line, rigorously prevent crediting funds that do not meet the conditions of stock increase stake & buyback and refinancing policies from illegally flowing into the stock market.

cls.cnOct 21 03:54 ET

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18 01:13 ET

Overseas market demand continues to be strong, sailun group expects a year-on-year increase of about 60% in performance for the first three quarters|interpretations

①The overseas market demand remains strong, sailun group expects the company's performance in the first three quarters to increase by about 60%; ②Natural rubbers, carbon black, synthetic rubbers, and other production raw materials have all seen price increases. To cope with cost pressure, many tire companies have announced price increases for their products.

cls.cnOct 10 07:00 ET