Under the dual pressure of intensified losses in the coking business and continuous decline in coal prices, Shanxi Coking Coal Energy Group's net profit has dropped by 80%|Interpretation

①Due to the exacerbated losses in the core coking business and the continual decline in coal prices leading to a decrease in profits for the associated coal mining company, Shanxi Coking saw an 80% year-on-year decrease in net income in the first half of the year; ②CMC Huajin contributed investment income of 1.348 billion yuan to the company in the first half of the year, a 24.48% decrease compared to the same period last year.

cls.cnAug 26 20:57

Shareholder of Shanxi Meijin Energy received warning letter for failing to disclose shareholding risks in a timely manner. | Speed read announcement.

①Due to failure to fulfill the disclosure obligation in a timely manner after being aware of the passive reduction risk of holding company stocks, Shanxi Meijin Energy Holding shareholder received a warning letter from Shanxi Securities Regulatory Bureau. ②The company's performance is expected to be in deficit in the first half of the year, and the stock price has fallen by more than 30% since the passive reduction.

cls.cnJul 29 22:29

Donghua Energy officially started construction of a 10,000-ton carbon fiber project that spent nearly 3.5 billion dollars to transform polymer composites

① Donghua Energy's 10,000-ton carbon fiber project has a total investment of 3.465 billion yuan, which can achieve an annual production capacity of 8,000 tons of high-performance carbon fiber and 23,840 tons of polyacrylonitrile powder. ② The company stated that it will position mass production of T1000 grade carbon fiber and build a distributed carbon fiber ecological collaborative development cluster. ③ Analysts say that the carbon fiber industry faces an imbalance between supply and demand due to blind expansion of production, but there is great potential for application in the field of new energy sources.

cls.cnMay 21 22:40

Effective control of raw material costs Donghua Energy achieved a reversal in performance in Q4, but production expansion drove up capital pressure | Financial Report Interpretation

① Donghua Energy expects net profit attributable to increase 2.5-3.7 times year-on-year in 2023. Compared with the three-quarter report, the annual report performance trend will reverse. ② The benefits of the company's PDH industry chain are limited by the price difference between propane and propylene. Last year, the boom in Q3 was low, but there was a slight improvement in Q4. ③ Currently, the total external guarantee balance of listed companies and holding subsidiaries is $22.516 billion, accounting for 217.76% of net assets.

cls.cnJan 29 23:41

Star Fund Manager's Q3 Positions Released! Recent investment trends such as Zhang Kun, Liu Yanchun, and Zhu Shaoxing revealed

The words and actions of well-known fund managers have attracted much attention from the market.

券商中國Oct 25, 2023 16:01

The rebound in the coal market has begun! Institutions: Australian coal has little influence on the fundamentals of domestic supply and demand, focusing on historic allocation opportunities

Short-term imports may be difficult to release.

Gelonghui FinanceJan 11, 2023 11:55