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Sinosteel New Materials (002057): Short-term performance under pressure, bullish on magnetic materials business growth.
With the decline in market demand for testing business, the performance is under short-term pressure in the first three quarters. The company released the third quarter report of 2024, achieving revenue of 1.96 billion yuan in the first three quarters of 2024, a year-on-year decrease of 5.4%; achieving a net income attributable to the parent of 1
China Steel Tianyuan: Report for the third quarter of 2024
Sinosteel New Materials (002057.SZ) released its performance for the first three quarters, with a net income of 0.157 billion yuan, a year-on-year decrease of 36.14%.
Sinosteel New Materials (002057.SZ) disclosed its third quarter report for 2024, achieving a revenue of 19...
Sinosteel New Materials (002057.SZ): Currently, the segmented market orders involve the drone and humanoid siasun robot&automation fields
Gelonghui October 23rd | Sinosteel New Materials (002057.SZ) stated on the investor interaction platform that the rare earth permanent magnet products manufactured by the company are widely used in new energy vehicles, green electricity, siasun robot&automation, 3C and other related fields. Currently, the segmented market orders involve the drone and humanoid robot areas.
sinosteel new materials (002057.SZ): The company's products can be used to produce permanent magnet electric machines.
Gelonghui October 23rd | Sinosteel New Materials (002057.SZ) stated on the investor interaction platform that some products in the magnetic materials division and fluorene-based functional materials are applied in the downstream consumer electronics sector, the company's products can be used for producing permanent magnet electric machines.
Sinosteel New Materials (002057.SZ): Sinosteel Group intends to transfer 1.31% of the company's shares to its wholly-owned subsidiary Sinosteel Capital for free.
Gelonghui October 10 - Sinosteel New Materials (002057.SZ) announced that the company has recently received a notification from the shareholder Sinosteel Group. Sinosteel Group and its wholly-owned subsidiary Sinosteel Capital have signed a "Share Transfer Agreement" to transfer 9,900,000 shares of the company held by Sinosteel Group (1.31% of the total shares of the company) to its wholly-owned subsidiary Sinosteel Capital for free. On October 8, 2024, China Baowu Steel Group Co., Ltd. issued the approval of the transfer of equity in Sinosteel Group and its subsidiaries' Sinosteel Engineering & Technology and Sinosteel New Materials to Sinosteel Capital, approving the transfer. This time
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