Semiconductor market demand recovers, Novoray Corporation's revenue and net profit double in the first half of the year, and the electronic-grade powder project is expected to start production by the end of the year.

① In the second quarter of 2024, the company's net income and non-net income attributable to mothers both reached a historic high. ② The semiconductor market demand has rebounded, and the company has seized the industry development opportunities, with overall business income increasing year-on-year. The product structure has been further optimized, with a higher proportion of high-end products and increased profits year-on-year.

cls.cn21:11 ET

The price of high-purity quartz sand has plummeted, and the net profit of Jiangsu Pacific Quartz has dropped by nearly 90% | Interpretations

① Jiangsu Pacific Quartz has changed its performance trend of recent years, with its half-year revenue and net profit both declining, especially with a nearly 90% decrease in net profit. ② The photovoltaic market has experienced significant fluctuations in the first half of the year, and the demand for quartz materials in the photovoltaic industry has greatly decreased due to the industry's effort to reduce overcapacity and clear inventory. ③ The price of high-purity quartz sand has experienced a significant decline this year, which has also led to a significant decline in the company's performance.

cls.cnAug 23 11:37 ET

Sunstone Development and Geely are planning to jointly invest 1.7 billion yuan to construct a 600kt/a pre-baked anode carbon project, with the capital increase 'boot' now in place. Quick announcement reading.

① After the project is put into production, under the same conditions, Nippecraft purchases pre-baked anodes from the Tiandong Baimine of no less than 0.25 million tons annually; ② The project is expected to achieve an annual output value of 4.5 billion yuan after completion and reaching production capacity, and the total annual profit distribution shall not be less than 30% of the distributable profits realized in that year; ③ Sunstone Development stated that there is still a supply gap for pre-baked anodes in the Southwest region and that overseas pre-baked anode production capacity is entering a renewal cycle.

cls.cnAug 20 10:55 ET

Performance surged 400% but fell to a standstill, and Quartz shares couldn't escape the “PV Winter” | Insight Research

The profit of quartz shares surged 400%. Why is the market not buying it.

wallstreetcnJan 24 08:39 ET

Silica Sand Maker Changjiang Material Targets $82 Million in Shenzhen IPO

MT NewswiresNov 23, 2021 18:10 ET

Silica Sand Producer Changjiang Material Launches Shenzhen IPO

MT NewswiresNov 16, 2021 18:16 ET