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A-shares movement丨Stocks Beginning with Middle Letter soar, China Railway Prefabricated Construction rises over 13%, CRRC Corporation approaches the limit-up.
On April 8th, according to Gelonghui, A-share stocks Beginning with Middle Letter surged significantly, among which China Railway Prefabricated Construction rose over 13%, COFCO Technology rose over 10%, CRRC Corporation approached the daily limit during trading, while China Railway Signal & Communication Corporation, Cnfc Overseas Fisheries, China World Trade Center, AVIC Chengfei, and HG Technologies also strengthened. In terms of news, amid global market fluctuations, Chinese officials decisively took action, releasing a clear signal: firmly maintaining the stable running of Capital Markets. Additionally, multiple companies beginning with Middle Letter collectively announced performance forecasts for the first quarter. Among them, CRRC Corporation expects its first-quarter Net income to increase by 180%-220% year-on-year; COSCO Shipping Holdings expects its first-quarter Net income to grow by approximately 73.0% year-on-year.
Express News | Stocks beginning with Middle Letter collectively surged, CRRC Corporation approached the daily limit.
China Railway Assembly: 2024 Annual Report Summary
China Railway Assembly: 2024 Annual Report
China Railway Prefabricated Construction (300374.SZ): projected net loss of 63.7169 million yuan for the year 2024.
On March 27, Gelonghui reported that China Railway Prefabricated Construction (300374.SZ) announced its annual report for 2024, achieving revenue of 1.901 billion yuan, a year-on-year increase of 27.07%; the net income attributable to shareholders of the listed company was -63.7169 million yuan; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -77.0118 million yuan; the basic EPS was -0.26 yuan.
China Railway Prefabricated Construction (300374): The supply-side reform in the Steel Industry is accelerating, and the company's steel structure Business is expected to benefit.
Since 2020, the standards for the Prefabricated Buildings Industry have become more refined, laying the foundation for scale and industrialization. Since 2020, the Ministry of Housing and Urban-Rural Development has issued several policy documents such as the "Design Selection Standards for Prefabricated Residences," which involve precast PC and prefabrication.