Sungrow Power Supply valued at 19 billion, subsidiary will "take over" hefei taihe intelligent technology group, board of directors collectively resign to welcome reorganization | speed read notice
① hefei taihe intelligent technology group board of directors consists of 7 directors, the new board of directors will be recommended by sunshine new energy, including 3 non-independent directors and 3 independent directors; ② Sunshine New Energy is valued at over 19 billion yuan. After the acquisition plan was announced, hefei taihe intelligent technology group experienced nine consecutive trading limit up periods, with a maximum increase of 135.77% during this period.
Hydrogen energy, hybrid, methanol... This year's exhibition has more machinery "dynagreen environmental protection group". | Directly report from bauma CHINA 2024.
With the continuous maturity of 'three electric' technology, batteries, electric machines, and other key components have become the 'new forces' competing for the electrification market of construction machinery. In the future, with technological breakthroughs and achieving significant cost reductions, domestic main engine manufacturers have the advantage of electrification, and are expected to be the first to benefit from the electrification wave.
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.
The Ministry of Industry and Information Technology guides photovoltaic enterprises to reduce capacity expansion; institutions indicate that the industry clearing shows initial signs.
①The Ministry of Industry and Information Technology has revised the "Normative Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Announcement and Management of Normative Conditions for the Photovoltaic Manufacturing Industry". It guides local areas to rationally layout photovoltaic manufacturing projects based on resource endowment and industrial foundation, and encourages intensive and clustered development. ②Last week, more than 20 silicon wafer companies held another industry self-discipline meeting online, aiming to coordinate production reduction and improve the current market environment.
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.
"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.