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.
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.
The rebalancing pace has accelerated! Swiss Re Life invested 29.09 million Hong Kong dollars to increase its shareholding in CHINA LONGYUAN H shares. This year, insurance capital has sparked a new wave of "stake-building."
① This time, Ruizhong Life has increased its stake in CHINA LONGYUAN H shares as part of equity investment management; ② Asset returns are under pressure, and within the year, insurance funds have initiated a new round of "stake acquisition boom"; ③ As of December 25, at least 8 insurance institutions have increased their stakes in 20 listed companies this year.
RuiZhong Life increased its Shareholding in CHINA LONGYUAN to 1%. Insurance capital is Bullish on undervalued, high-dividend Assets.
① Increase the shareholding of CHINA LONGYUAN Listed in Hong Kong through self-owned funds via centralized bidding in the secondary market; ② After this shareholding increase is completed, Ruizhong Life will Hold 0.502 billion shares of CHINA LONGYUAN Listed in Hong Kong; ③ The funds for this shareholding increase come from self-owned funds.
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.
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.