Is the New energy Fund market undergoing a "change of weather"? There is a high consensus among industry, academia, and research: range-extended vehicles are the future mainstream.
① Academician Yang Yusheng of the Chinese Academy of Engineering pointed out that range-extender vehicles are not a transition, but the future global Block Orders, whose green, safe, and long-range characteristics will support Carbon Neutrality. ② Liu Liguo, Senior Vice President of Ideal Autos, suggested that hybrid vehicles with an all-electric range of over 150 kilometers should be included in the New energy Fund green license plate system, achieving equal status for range-extender models with pure electric vehicles in urban areas.
Brokerage morning meeting highlights: Focus on economic performance exceeding expectations or new catalysts in Technology, and emphasize structural opportunities in Technology and the pro-cyclical main line.
At today's Brokerage morning meeting, China Securities Co.,Ltd. suggested focusing on the economy exceeding expectations or new catalysts in Technology, emphasizing structural opportunities in Technology and pro-cyclical main lines; KSY Securities believes that the overall Hong Kong stock market has not yet entered a full bull market rally stage; HTSC stated that the overall lithium battery production scheduling in April has improved month-on-month, Bullish on the marginal continuous improvement of supply and demand in the Industry Chain.
Founding member of Tianqi Lithium Corporation, Jiang Weiping: 2024 will be a challenging year | Directly reporting from the Earnings Conference.
① Tianqi Lithium Corporation held a performance briefing this afternoon. Founder Jiang Weiping stated that 2024 will be a very challenging year and a year to train the management team; ② The Chief Financial Officer stated that the main factors affecting the performance in 2024, such as the impairment provisions for Phase II Assets and inventory impairment provisions, as well as mismatched prices for aluminum concentrate, have been eliminated this year, and the company's performance will improve in Q1 of this year.
In 2024, a net loss of 7.9 billion, Tianqi Lithium Corporation faces its "worst year" since being listed and has adjusted its production capacity plan | Interpretations
① Tianqi Lithium Corporation reported a net loss of 7.905 billion yuan last year, turning from profit to loss compared to a profit of 7.297 billion yuan in the same period last year; ② The company stated that the performance change was mainly due to the decline in lithium product prices and misalignment of the pricing mechanism, the decline in performance of the important associate company SQM, as well as increased asset impairment losses and foreign exchange losses.
BYD Company Sets Lofty Goal to Double Auto Sales Outside of China
Choosing between A-shares or Hong Kong stocks, Technology or non-Technology? Goldman Sachs' Research Reports respond to two major hot topics in investing in China.
① Currently, should investors continue investing in Hong Kong Stocks or shift to the A-share market? Should the focus be on the Technology Sector or shift to Consumer, Real Estate, and other non-Technology sectors? ② On Wednesday, Goldman Sachs' chief China Stocks strategist, Liu Jinjing, provided an analysis in his report.