Another meeting today! Leading the photovoltaic industry to discuss pricing mechanisms. The upstream has stabilized, but the downtrend of components has not stopped.
①China Photovoltaic Industry Association held a symposium to prevent industry vicious competition and early resolve overcapacity; ②Such meetings have been held many times, but the effectiveness is good. At present, the decline in component prices has not stopped, and the industry expects more specific production reduction plans.
yonghui superstores pursue new progress in equity transfer payment recovery: arbitration application accepted, involving an amount exceeding 3.8 billion yuan|speed reading announcement
1. yonghui superstores requests Dalian Yujin to immediately pay the remaining equity transfer payment, accelerate the overdue penalty, and legal fees in this case, totaling 3.859 billion yuan; 2. In recent days, yonghui superstores has been in constant turmoil, with the company's stock price fluctuating greatly. From October 9th to 11th, three consecutive limit-downs have been recorded.
yonghui superstores 3.8 billion follow-up payment Sun Xishuang Wang Jianlin implicated in it
① Yonghui Superstores pursues a payment of 3.8 billion from Sun Xishuang, with Wang Jianlin being implicated as a guarantor; ② "Yonghui applies for arbitration requesting Wang Jianlin and others to assume joint guarantee responsibility, which needs to be based on the contract and guarantee responsibility clauses. If the agreed conditions for fulfilling the guarantee obligation are met, and if an arbitration ruling requires Wang Jianlin and others to assume joint guarantee responsibility, then Wang Jianlin and others have a payment obligation to Yonghui."
In September, the group's pig farming enterprises actively slaughtered, and the profitability of Q4 breeding may continue | Industry Trends
1. The pig price continues to rebound, combined with the continued decline in costs, resulting in simultaneous increase in quantity and price of pig enterprises in the third quarter; 2. The average selling price of the group's pig enterprises in September is between 18.6 yuan/kg and 19 yuan/kg, with most pig farms' breeding costs around 14 yuan/kg, demonstrating considerable profitability for breeding enterprises; 3. It is widely believed within the industry that there is still profit potential for pig enterprises in the fourth quarter.
Wang Jianlin's guarantee also delayed? Yonghui Superstores: Did not receive payment for the sale of Wanda Commercial Management equity, will initiate arbitration|Speed reading announcement
yonghui superstores sold Wanda Commercial Management, the fourth phase of equity transfer payment was not received as scheduled, involving an amount of 0.3 billion yuan; yonghui superstores stated that they will initiate arbitration to hold Dalian Yujin, Wang Jianlin, Sun Xishuang, and Dalian Yifang Group Co., Ltd. legally responsible.
Key customer loss, fortune ng fung food admits "it is the responsibility of the company's board of directors and management team" | Direct hit earnings conference
①Li Liang, the chairman of Fortune Ng Fung Food, stated at the company's performance briefing that the intensity of market competition has increased, and the loss of important customers is the responsibility of the board of directors and management; ②Some investors are dissatisfied with the company not only because of poor performance, but also due to frequent internal control issues over the years.
102329055 : Do people still care what's going to be announce this Saturday?
Thelord 102329055 : Sure announce useless things and Monday gonna dump very hard again
102329055 Thelord : Can they afford to say useless stuff?
10baggerbamm 102329055 : are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Thelord 102329055 : They never fail to shoot at their own feet
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