In the past four years, is this the "best start"? New Hope Liuhe expects to turn a profit in Q1 compared to the same period last year | Quick read announcement.
1. New Hope Liuhe is expected to achieve a net income of 0.43 billion to -0.5 billion yuan in the first quarter of this year, marking the first profit in the first quarter in nearly four years; 2. The decline in breeding costs and the dual increase in fodder quantity and profit are the main factors affecting the company's performance; 3. The company's revenue in 2024 will experience a decline for the first time in nearly 9 years.
DeepSeek's layout has attracted attention. Digital China Group: 300 all-in-one machine samples have been deployed at customer sites | Directly covering the Earnings Conference.
① The sales of the Shenzhou Kuntai learning and integration machine, DeepSeek version, are quite promising, with the first batch of 300 prototypes almost fully deployed at customer sites. ② Chairman Guo Wei stated that the open-source nature of DeepSeek has led to the popularization of AI, which will drive demand for computing power. ③ The IIC Assets have had a negative impact on the company's Operation, with last year's Net income for the parent company decreasing by more than 30% year-on-year.
New Hope Liuhe expects a 122% year-on-year increase in Q1 Net income, turning from loss to profit, with a double decrease in breeding costs marking a turning point | Earnings Reports insights.
In 2024, New Hope Liuhe achieved a total operating income of 103.063 billion yuan, a year-on-year decrease of 27.27%; Net income was 0.474 billion yuan, a year-on-year increase of 90.05%. The company focuses on two core businesses: Fodder, Hog Farming, and Animal Slaughter, with improvements in production management, steady declines in farming costs, and since the second quarter, a recovery in the hog market, with prices higher than the same period last year.
Investing nearly 0.4 billion, including Baoneng Autos' land in Xi'an, BYD continues to "acquire land" to expand its Battery footprint.
① On March 28, West Xi'an BYD acquired the usage rights of a state-owned construction land in the Qinhan New City of West Xi'an New District at a price of 0.375 billion yuan, which included the original site used by Baoneng Autos. ② The acquired land does not include the original factory buildings of Baoneng Autos, and the construction purpose does not involve complete vehicles. ③ As early as January this year, West Xi'an BYD had previously acquired the usage rights of a construction land area of approximately 1323.96 acres for a price of 0.398 billion yuan.
Saudi family businesses partner with Chongqing Changan Automobile to explore the South African market, with the first batch of models set to launch in the fourth quarter.
Chongqing Changan Automobile has signed a dealership agreement with Saudi Anli Jie Automobile to sell SUVs, sedans, pickups, and Electric Vehicles in the South African market; Anli Jie Automobile will primarily promote the Changan and Deep Blue brands, with the first models expected to launch in South Africa in the fourth quarter of 2025; Previously, Anli Jie had also collaborated with Chinese automotive brands such as BYD, GAC, and Geely, targeting markets in Turkey, Morocco, Egypt, and Albania.
"430" and "531" policy nodes are approaching, and the photovoltaic industry is expected to迎来 a phase of rush orders.
According to the latest survey by TrendForce, China's policies have stimulated the overall demand for the photovoltaic Industry Chain, creating a tense atmosphere in component supply. It is expected that there will be a small peak in demand in March and April 2025, which may consequently drive up prices in the Industry Chain in the second quarter.