Stopping federal funding, reducing loans and subsidies, Trump "strikes hard" against Shanxi Guoxin Energy Corporation!

After the inauguration ceremony, Trump signed dozens of executive orders, including a suspension of federal grants to manufacturers and infrastructure developers, which could jeopardize over $300 billion in potential federal infrastructure funding. He also announced plans to halt the construction of wind farms on federal lands and waters, as well as to end 'unfair subsidies' for electric vehicles, causing the stock prices of several electric vehicle and wind power companies to decline.

wallstreetcn06:54 ET

It is expected that in 2024, the non-deductible significant reduction in losses will be achieved, and Zhengbang Technology's 2025 target for sales is aimed at 7 million heads | Interpretations

1. Zhengbang Technology expects a net income loss of 0.32 billion to -0.38 billion yuan for 2024, compared to a loss of 4.883 billion yuan in the same period last year; 2. In 2024, the average price of Hog Sale is expected to increase by 1.2 yuan per kilogram year-on-year, with the average slaughter weight increasing by about 15 kilograms per head compared to the same period last year; 3. The company anticipates an overall slaughter quantity of over 7 million heads in 2025.

cls.cnJan 21 09:14 ET

The competition in the wind power industry has reached the component sector, and Tongyu Heavy Industry expects to incur losses in the peak season of Q4 last year. | Interpretations

On the evening of the 21st, Tongyu Heavy Industry announced that it expects a significant decline in performance of about 80% in 2024. According to the company's forecast data, there will be losses in the normally busy fourth quarter. The company stated that intensified competition in the wind power industry and falling product prices have greatly impacted its performance.

cls.cnJan 21 08:06 ET

Beijing Qianjing Landscape continues to incur losses after diversifying into photovoltaic sectors, with subsidiary performance commitments not met for two consecutive years | Interpretations

① The company anticipates achieving a net income attributable to shareholders of the listed company of -0.1 billion yuan to -50 million yuan in 2024. ② The target company has seen its performance commitments fail for two consecutive years, the current cyclical impact on photovoltaics is still ongoing, and it remains difficult to determine a turning point in the short term.

cls.cnJan 17 09:45 ET

In the USA, the sales of new energy Autos accounted for one-fifth for the first time, while Tesla's market share has declined.

In 2024, the sales of new energy vehicles in the USA accounted for 20% of total new car and truck sales for the first time, while traditional RBOB Gasoline vehicle sales fell to 79.8%, reaching a modern automotive historical low. Tesla remains the leader in the pure electric vehicle market, but its market share decreased from 55% to 49%. Other major electric vehicle brands include Hyundai, General Motors, Ford, and BMW, which hold market shares of 9.3%, 8.7%, 7.5%, and 4.1% respectively.

wallstreetcnJan 16 14:18 ET

In 2024, a net loss is anticipated to exceed 0.6 billion; Hangzhou Century resorts to selling land to "ease its troubles" after financial fraud | Interpretations

① Hangzhou Century expects a net income loss attributable to shareholders of the listed company of 0.419 billion yuan to 0.629 billion yuan for the fiscal year 2024, with narrowing losses; ② Hangzhou Century was heavily fined by regulators for fabricating false content in the 2019 and 2020 annual reports as well as in the 2021 Convertible Bonds public issuance documents; ③ To alleviate cash flow issues, the company plans to sell assets.

cls.cnJan 15 07:22 ET