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Revenue and net profit of Xiamen Tungsten in the first half of the year both declined with the newly added overseas precursor project.
Since 2023, Xiamen Tungsten's net income has shown a year-on-year decline in each quarter. The company stated that in the first half of 2024, the ternary material as a whole will face the squeezing of lithium iron phosphate. Following the 'France's annual production of 0.04 million tons of ternary material project,' the company has added a new project with an annual production capacity of 0.04 million tons for the cathode material precursor. The investment is mainly to meet the precursor demand of Xiamen Tungsten's material in France.
The fourth batch of the year! Another 15 imported games have received licenses. Tencent, Netease, and many other listed game companies have achieved success.
Less than two months after the last import game license was issued, 15 more import games have obtained licenses. Tencent, Netease, G-bits Network Technology Inc., and Hubei Century Network Technology Inc. have new games on the list. So far this year, four import game licenses have been issued, with the frequency being the highest in nearly three years. Industry insiders believe that it is possible that import licenses will be issued again later this year.
LBX Pharmacy Chain Joint Stock announced that its chairman has been detained, but the company claims that the incident has nothing to do with its operation, and everything is running as usual. | Quick announcement reading.
1. Lbx Pharmacy Chain Joint Stock announced that company's actual controller and chairman Xie Zilong has been detained and investigated. 2. The matters involved are not related to the company. 3. The operation of the listed company is normal.
Musk reveals that the new Tesla sports car can fly, and the flying autos industry chain is poised for development.
On July 28th local time, Musk revealed at the X Takeover live event in California that 'the new Roadster sports car was jointly developed by Tesla and SpaceX, can fly, and will debut next year.' Yongxing Securities believes that the future growth of the low-altitude economy and the implementation of low-altitude airspace reform are expected to drive demand release of the industry chain.
The continuous expansion of supply and demand gap in the market is expected to benefit domestic manufacturers from the localization of HBM.
According to analyst Mao Zheng from Huaxin Securities, currently the global HBM market is dominated by Toshiba, Samsung, and Micron, while Chinese manufacturers are also actively promoting HBM localization. The market supply-demand gap continues to expand, and with the combination of DRAM price hikes and AI driving, HBM prices are expected to continue to rise. The market size is expected to reach about 7 billion US dollars in 2024.
Cost reduction and efficiency improvement supported the increase of gross profit, and Ningbo Joyson Electronic Corp.'s net profit in the first half of the year increased by more than 30% year-on-year. | Briefing
① The company's revenue remained stable in the first half of the year, with a year-on-year increase of 34.14% in net profit attributable to shareholders; cost reduction and efficiency improvement achieved significant results, gross margin of Ningbo Joyson Electronic Corp. increased against the trend in the first half of this year; ② The total amount of newly obtained orders for the first half of the year increased by 19.43% year-on-year throughout the entire life cycle.