times electric's net profit in the first half of the year increased by 30.56% year on year. Some of the investment projects are delayed.
Times Electric stated that in the first half of 2024, the increase in revenue was due to the growth of railroad investments and the recovery of passenger traffic, resulting in a year-on-year increase in the acceptance and delivery volume of rail transit products.
The demand for silicon carbide is increasing driven by new energy vehicles, and Tianyue Advanced's revenue and net profit both doubled in the first half of the year.
①Tianyue Advanced stated that during the reporting period, the continuous penetration of silicon carbide semiconductor materials in the fields of new energy autos and wind and solar energy storage has led to continued expansion of the downstream application market; ②The industry generally believes that compared to mature silicon wafer manufacturing processes, silicon carbide substrates will still face challenges in terms of preparation difficulty and high cost in the short term.
The profit of photovoltaic equipment leader slowed down, and the net profit of Zhejiang Jingsheng Mechanical & Electrical in Q2 decreased by 22% year-on-year. Interpretations of financial report.
① The company's Q2 net profit saw a rare decline compared with the same period last year; ② The company's revenue increased in the first half of the year but did not show any profit growth; ③ The performance was affected by the decline of the photovoltaic industry; ④ The company is exploring multiple new businesses to find a second engine.
Another independent high-end brand has dropped its prices.
The dilemma of high-end products.
The price war has spread to high-end brands | Jianzhi Research.
As BBA prices are falling, BYD has ignited a price war in the high-end brand market.
BYD Company Limited has breathed a sigh of relief for its competitors.
The price war is difficult to stop.