600989 Ningxia Baofeng Energy Group
- 16.15
- -0.37-2.24%
Ningxia Baofeng Energy Group News
Ningxia Baofeng Energy Group (600989.SH) plans to acquire the Baofeng Yunen steam comprehensive pipeline project and related assets for 0.492 billion yuan.
Ningxia Baofeng Energy Group (600989.SH) announced that the company plans to acquire Ningxia Baofeng Yuneng Technology Co., Ltd. (referred to as "Baofeng...
Express News | Ningxia Baofeng Energy Group: plans to acquire the Baofeng Yunen steam comprehensive pipeline project and related assets for 0.492 billion yuan.
东海证券: The petrochemical cycle has reached the bottom, and left layout is just right.
Generally, due to the significant impact of the US dollar repatriation cycle on the global economy, the Federal Reserve's initiation of a rate-cutting cycle often signifies the bottom of a petrochemical cycle.
Ningxia Baofeng Energy Group Achieves Stable Operations at Inner Mongolia Olefin Project
Express News | Ningxia Baofeng Energy Group: The first series of production lines for the inner mongolia olefin project has successfully produced qualified products during trial production.
Ningxia Baofeng Energy Group (600989.SH): Currently operating at full production capacity with full sales.
Gelonghui November 15th, ningxia baofeng energy group (600989.SH) stated on the interactive platform that currently the prices of the company's main products and raw materials have slightly increased compared to the third quarter, with a slight improvement in the price difference between products and raw materials. Currently, the production is in full capacity and sales are in full swing.
Express News | 98 stocks received buy ratings from institutions, with kweichow moutai garnering the highest attention.
Ningxia Baofeng Energy Group (600989): Short-term performance affected by maintenance + oil price decline, Inner Mongolia base to be put into operation soon, long-term logic remains unchanged.
Key points (1) Third quarter performance disclosure: In Q3, the company achieved a non-GAAP performance of 1.39 billion yuan, a year-on-year decrease of 19% and a quarter-on-quarter decrease of 32%. The main reason for the decline in quarterly profit was the maintenance of the Ningxia base and the product price difference caused by the drop in oil prices.
Test test test.
Gelonghui November 4th | Ningxia Baofeng Energy Group (600989.SH) announced that since the company decided to carry out this refinancing, the company has been actively and orderly advancing relevant work with intermediary institutions, and has strictly followed the requirements of relevant laws, regulations, and normative documents to fulfill decision-making procedures and disclosure obligations. Currently, the projects to be constructed with the funds raised in this round have been basically completed with the company's own and self-raised funds. Considering the company's project construction progress and overall development plan, after comprehensive evaluation and full communication with relevant parties, the company has decided to terminate the issuance of stocks to specific entities in 2023 and withdraw the application.
Ningxia Baofeng Energy Group (600989): Net profit attributable to the parent company declined in the third quarter, and the Inner Mongolia project is progressing as scheduled.
In the third quarter of 2024, the company's net income attributable to the parent decreased. The company's revenue in the third quarter of 2024 was 7.38 billion yuan (+1% year-on-year, -15% quarter-on-quarter), with a net income attributable to the parent of 1.23 billion yuan (-25% year-on-year, -35% quarter-on-quarter).
Baofeng Energy: Report of Ningxia Baofeng Energy Group Co., Ltd. for the third quarter of 2024
Ningxia Baofeng Energy Group Co., Ltd. Report for the Third Quarter of 2024
Announcement of major operating data for the first three quarters of 2024 of Ningxia Baofeng Energy Group Co., Ltd.
Ningxia Baofeng Energy Group (600989.SH) released its performance for the first three quarters, with a net income of 4.537 billion yuan, a year-on-year increase of 16.6%.
Ningxia Baofeng Energy Group (600989.SH) released the third quarter report for 2024, with revenue for the first three quarters reaching...
Ningxia Baofeng Energy Group (600989.SH): The net income in the first three quarters was 4.54 billion yuan, a year-on-year increase of 16.6%.
On October 30th, ningxia baofeng energy group (600989.SH) announced that the company achieved revenue of 24.27 billion yuan in the first three quarters, a year-on-year increase of 19%; net income attributable to the mother was 4.54 billion yuan, a year-on-year increase of 16.6%; non-net income attributable to the mother was 4.91 billion yuan, a year-on-year increase of 18.4%.
Express News | ningxia baofeng energy group: net income in the third quarter was 1.23 billion yuan.
Minsheng Securities: The new olefin project is about to be put into production, and the industry structure is expected to become more concentrated in the leading companies.
Baofeng Coal-based new materials Phase I 2.6 million tons/year coal-to-olefins and supporting 0.4 million tons/year implanted green hydrogen-coupled olefins project, as the world's largest single-plant scale olefin production project, is expected to start trial production in November, and is expected to contribute 2.6% of the olefin incremental capacity.
Express News | Everbright Securities: The center of coal prices continues to decline, and remains bullish on the profit improvement of the coal chemical industry chain.
Ningxia Baofeng Energy Group (600989) In-depth Report: The price difference between oil and coal is expected to expand again, and the advantages of the Inner Mongolia project will become more prominent.
Core summary of polyolefins: Widening price difference between crude oil and coal will increase profits, and Inner Mongolia's polyolefin project cost advantage is expected to expand. 1) It is estimated that the price difference between crude oil and coal will continue to widen, expanding the cost advantage of coal-to-olefin. According to IEA data, by 2030, global crude oil
Express News | The National Development and Reform Commission: Private enterprises and private entrepreneurs are our own people, we must fully help the enterprises through difficult times.
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