Sichuan State-owned Assets leads the investment, the commercial aerospace 'unicorn' re-raised 0.7 billion yuan.
① Peking Interstellar Glory has completed a 0.7 billion yuan Series C and C+ financing round; ② Interstellar Glory is building a rocket engine test stand in Mianyang and plans to relocate the rocket engine production line to Mianyang. ③ Beijing Yizhuan is also striving to become a highland for China's commercial aerospace industry.
A subsidiary has been "blacklisted" by Shenzhen for one year. Jointown Pharmaceutical Group claims to be "in the process of defending". The industry believes that the intensity of procurement supervision is continuously increasing.
Recently, Jointown Pharmaceutical Group's subsidiary, Jointown Medical Device, was fined and banned from participating in Shenzhen procurement for one year due to providing false information in a tender at a hospital in Shenzhen. Jointown Pharmaceutical Group responded to a reporter from Caijing.com.cn, stating that this incident is a pending matter, and they have organized appeal materials and are currently undergoing administrative reconsideration. This year, several listed companies have been fined for violations in the bidding and procurement process, leading industry insiders to suggest that companies should pay more attention to compliance with details during the bidding process.
After a two-month hiatus, the new leader of the Suzhou New Fund, director of the Bank of Suzhou, will take charge. How will they continue to make progress?
①From the current disclosed fund reporting situation, Su Xin Fund may take the lead in using fixed income products; ②In the year, there are as many as 101 public fund management companies with changes in senior executives, involving 233 people.
Hong Kong stock opportunity tracking | Hong Kong Exchange may suspend trading all day today; "Carrier-level" broker is coming! GTJA and Haitong Sec will merge and reorganize.
Nio Inc: In the second quarter, revenue increased by 98.9% year-on-year, and the loss narrowed significantly by 16.7% year-on-year; Greentown China's sales in the first 8 months exceeded 160 billion yuan; SHK PPT's profit dropped by approximately 20% in the last fiscal year.
In the second quarter, Huawei ranked first in global wrist-wearing market shipments, and smart wearable devices may become a new frontier for AI implementation.
1. According to IDC data, Huawei shipped 8.883 million units in the global wearable device market in the second quarter of 2024, with 5.965 million units shipped in China, becoming the top player in both the global and Chinese wearable markets. 2. Shanxi believes that leading domestic consumer electronics manufacturers are bullish on the prospects of wearable devices. With the continuous maturation of edge AI technology, wearable devices will become a new outlet for AI applications.
Is the change in loan loss provision coverage ratio to adjust profits? How to control the widening of net interest margin decline and the cost of liabilities? Bank of Guiyang management faces investor scrutiny.
①Bank of Guiyang stated that it strictly follows the management procedures, regularly updates measurement parameters and recognizes asset impairments, complying with regulatory requirements. ②Continuing to adhere to the concept of coordinated development of "quantity and price", increasing low-cost fund inflows and fund deposits, continuously optimizing the deposit term structure, gradually restoring net interest margins. ③Will comprehensively consider investor demands and the operational needs of the bank, maintaining a sustainable and stable cash dividend ratio and frequency.
AVIC Aviation High-Technology: The commercial engine composite materials field is a new business growth point for the company. | Earnings conference in focus.
1. The commercial aircraft engine composite materials field may become the company's new business growth point; 2. The honeycomb product has been certified by Airbus and has achieved exports, and the current order volume is stable.
Zhongfu Shenyang: The industry is in a state of supply and demand imbalance. Carbon fiber products have been applied in the field of industrial robots. | Directly hit the earnings conference
① Zhang Guoliang said that from the current situation, the entire carbon fiber industry is still in a phase of supply and demand imbalance, and the price range of products is also in bottom-shaking operation; ② The company's independent director, Yang Pingbo, added that the company's foreign market revenue in the first half of 2024 was 44.7682 million yuan, a year-on-year growth of over 15%.
Is the GLP-1 pipeline progressing slowly? Gan & Lee Pharmaceuticals: GZR18 has the potential for superior weight reduction efficacy compared to multi-target drugs | Live coverage of the earnings conference.
At the earnings conference, the management of Gan & Lee Pharmaceuticals emphasized that the price regression of the company's insulin products in the follow-up volume procurement has driven the performance. In the face of doubts about the progress of GLP-1 pipeline research and competitiveness, Dou Kai, the General Manager of Gan & Lee Pharmaceuticals, stated that GZR18 injection has a weight loss effect that exceeds exenatide and dulaglutide, and has the potential to be superior to multi-target GLP-1RA drugs in weight loss efficacy.
The Ministry of Industry and Information Technology plans to implement large-scale digital transformation and upgrading of equipment, which will catalyze the industrial software sector.
The Ministry of Industry and Information Technology is soliciting public opinions on the 'Implementation Plan for the Digital Transformation of Light Industry (Draft for Solicitation of Comments)'. It proposes to promote the application of programmable logic controllers (PLC), distributed control systems (DCS), and other industrial control systems, industrial robots, intelligent testing equipment, manufacturing execution systems (MES), and intelligent equipment automation.
In August, the performance of the top 100 real estate companies continued to hit bottom, but can the traditional strong sales season, known as "Golden September and Silver October," arrive on schedule?
① In August, sales of the top 100 real estate companies remained low, with many companies experiencing a decline in mid-year performance or even losses. ② Many analysts believe that the real estate market will enter the traditional peak season of 'golden September and silver October', with growing expectations for the introduction of a new round of easing policies.
Tire semi-annual report inventory: strong demand, outstanding performance, continue to expand overseas market.
① Among the 9 listed companies in the tire industry, 8 companies have achieved growth in net income in the first half of this year due to strong market demand; ② Top companies in the industry, such as Sailun Group, Linglong Tyre, and Jiangsu General Science Technology, will continue to expand overseas production capacity in 2024 to meet the high overseas demand.
Express delivery volume and prices have fallen again! YTO's "Number One Project" achieves cost reduction and profit increase for its outlets | Company research.
①Reporters have learned from visits that YTO's Baode Road branch in Jing'an District has turned losses into profits with the support of the 'Number One Project', with a 40% year-on-year increase in volume. ② The branch has reduced costs and increased profits, improved stability, and can avoid risks of supply chain interruption, which is beneficial for YTO to enhance the overall stability of the supply chain. ③ Industry insiders believe that under the scale effect, costs have decreased, and single-ticket revenue has also decreased. Value-added services may support unit prices.
Internet security vendors are experiencing widespread losses, and the industry's downward trend is difficult to conceal due to seasonal factors. It is urgent to find new sources of revenue.
In the first half of the year, only 3 out of the top 20 companies in the csi information security index achieved profitability, while all of the top 10 suffered losses. Financial reporters from CaiLian News learned through multiple interviews that the losses were mainly caused by periodic project cycles and seasonal factors affecting payment collection. Analysts point out that in the context of downstream customers, primarily government clients, facing significant financial pressure and declining purchasing power, the network security industry needs to expand its market to more commercial clients.
A-share listed banks' semi-annual report: 41 banks continue to explore interest rate spreads, 12 banks experience negative growth in net income. The window for another round of interest rate cuts for existing housing loans has opened, posing a potential c
In the first half of the year, 41 banks collectively experienced a decline in net interest margin, with 9 banks experiencing a decrease in the level of interest margin of 2% or more compared to the same period last year. The number of banks with negative growth in net profit attributable to the parent company reached 12, an increase of 7 compared to the same period last year. Experts believe that the continued narrowing of net interest margin has put pressure on the profitability of banks, and the possible downward adjustment of mortgage rates for existing homes in the near future will further challenge the interest margin of banks and increase operational pressure.
Intensified competition on the supply side, shuangliang eco-energy systems, the new star of silicon wafers, suffered a loss of over 1 billion yuan in the first half of the year. | Interpretations of financial reports
①Shuangliang Eco-energy Systems reported a net loss of over 1.2 billion yuan in the first half of the year, with a loss of 0.963 billion yuan in the second quarter, marking the largest quarterly loss in nearly five years. ②The company's asset-liability ratio has reached 81.5%, indicating significant debt repayment pressure. ③The current silicon wafer price is in a fierce game, and in the medium to long term, the supply-demand pattern of silicon wafers is clearly improving, which will provide some support for this round of price increases.
Juewei Food Co., Ltd.: The number of stores decreased by nearly a thousand in the first half of the year, and the decrease in raw material costs helped boost net income | Interpretations
① Juewei Food Co.,Ltd.'s revenue in the first half of this year decreased by 9.73% year-on-year, while net profit increased by more than 20%. ② The price of raw materials decreased compared with the same period last year, and the company's cost of goods sold in the first half of the year decreased by 17.95% year-on-year.
Significant overseas revenue decline, jiangsu goodwe power supply technology co.,ltd. went from profit to loss in the first half of the year, with a noticeable decline in energy storage product.
① Mainly affected by factors such as overseas inventory, the amount of decrease in sales revenue from power inverter and battery with higher gross margin is greater than the amount of increase in sales revenue from domestic low-gross margin household photovoltaic systems; ② In the first half of the year, the sales volume of Goodwe energy storage products declined significantly, with overseas inverter sales volume of approximately 0.1552 million units, a year-on-year decrease of 49.64%; The proportion of overseas revenue was 35%, compared to 75.24% in the same period last year.
The largest batch within the year! 117 domestic games have been approved for release, including NetEase and other listed game companies.
Following the approval of 15 imported games at the beginning of the month, 117 domestic games were issued with licenses this month, making it the month with the highest number of domestic game licenses issued so far this year.
The industry's installed capacity has increased, Sany Heavy Industry's H1 revenue has increased by 30% year-on-year, but the decrease in the number of wind farms sold has led to a decrease in net profit.
1. In terms of profitability, the company's overall gross margin is 16.01%, a 4.82 percentage point increase from the second half of last year, mainly due to a significant increase in the gross margin of wind turbine sales and effective control of costs and expenses; 2. The income from wind turbines and accessories is 4.917 billion yuan, a year-on-year increase of 68.10%. Among them, domestic onshore wind turbines' external sales capacity is 3.3GW, a 121% year-on-year increase.