Ping An Securities' building materials strategy for 2025: Weak reality and strong expectations, focusing on supply-side changes in segmented tracks.

Looking ahead to 2025, it is expected that the commodity sales area will decrease by 6.5% year-on-year, and the market is still bottoming out. However, with the central government's clear direction of "stopping the decline and stabilizing," policy support can still be anticipated.

Zhitong FinanceDec 16 14:43

Zhuzhou Kibing Group (601636): Photovoltaic glass is dragging down profits in stages, and float glass is expected to stabilize at the bottom.

Event One: On October 29, the company released the third quarter report for 2024. In the first three quarters, the company achieved revenue of 11.6 billion yuan, a year-on-year increase of +3.7%; realized net income attributable to mothers, and net income deducting non-mothers of 0.7, 0.62 billion yuan.

zhongtai securitiesNov 12 00:00

Express News | Nearly 20 A-share listed companies disclosed the latest M&A restructuring announcements this week. Western Securities intends to acquire 64.6% stake in Guorong Securities for 3.825 billion yuan.

BreakingsNov 9 15:52

Shenyin Wanguo: Profit decline narrows in the building materials industry in Q3 2024, significant improvement in profit for the cement sector.

In the third quarter, the building materials industry achieved revenue of 175.45 billion yuan, (yoy-9.0%, qoq-8.3%), net income attributable to the parent company was 6.45 billion yuan (yoy-32.0%, qoq-17.0%), gross margin in the third quarter was 18.2% (yoy-0.9pct, qoq-0.3pct), net margin was 4.09% (yoy-0.9pct, qoq-0.03pct).

Zhitong FinanceNov 8 14:46

zhuzhou kibing group (601636.SH): intends to issue shares to purchase 28.78% equity of kibing guangneng.

On November 5, Gelonghui announced that zhuzhou kibing group (601636.SH) plans to purchase 28.78% equity of its holding subsidiary, Qibin light energy, by issuing shares. As of the signing date of this summary of the proposal, the audit and evaluation work of the target company has not been completed, and the target asset appraisal value and transaction price have not been determined. The target company of this share issuance to purchase assets, hunan zhuzhou kibing optoelectronic technology co., ltd., is a listed company's holding subsidiary, with zhuzhou kibing optoelectronic's main business being the research and development, production, processing, and sales of photovoltaic glass. This share issuance to purchase a minority stake in zhuzhou kibing optoelectronic is beneficial for further strengthening the listed.

Gelonghui FinanceNov 5 20:05

Express News | Zhuzhou Kibing Group: intends to issue shares to acquire 28.78% equity of its holding subsidiary Hunan Zhuzhou Kibing Optoelectronic Technology Co., Ltd.

BreakingsNov 5 20:00