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Bearish sentiment settled! The USA has announced export control measures on semiconductors to China, causing stocks related to Hong Kong and A concept to surge.
The semiconductor industry is once again facing unreasonable pressure from the usa, and domestic production is expected to accelerate further.
Express News | Hangzhou Changchuan Technology established an import and export subsidiary.
Hangzhou Changchuan Technology (300604): The testing machine business drives high-speed performance growth.
Event: Hangzhou Changchuan Technology released the Q3 financial report for 2024: In the first three quarters of 2024, the company's revenue was 2.535 billion yuan, a year-on-year increase of 109.72%; net income attributable to the parent company was 0.357 billion yuan, a year-on-year increase of 268.
Feng Mingyuan's fund third-quarter report released! The top ten heavy positions have undergone major changes, continuing to have heavy positions in electronic semiconductors.
On October 24th, Feng Mingyuan, the Vice General Manager of E Fund & Australia Fund, who manages billions of funds, released the third quarter report for four funds: E Fund New Energy Industry Stocks, E Fund Research Optimum Selection, E Fund Leading Intelligence Selection, and E Fund Intelligent Vision held for three years.
Hangzhou Changchuan Technology (300604): Market recovery drives revenue growth, while continued investment puts pressure on profits.
Event: The company released the third quarter report of 2024 [24Q3], with revenue of 1.007 billion, a year-on-year increase of 125.51% and a quarter-on-quarter increase of 3.98%. Net profit attributable to shareholders was 0.143 billion, turning a loss year-on-year, compared to -0.019 billion yuan in 23Q3.
Hangzhou Changchuan Technology Q3 Profit Surges 844%; Shares Up 6%