shandong daye (603278): Construction of production base in Morocco helps company's overseas business growth
Event: The company issued an announcement on the investment and construction of the Morocco production base project and the Q3 24 quarterly report. As of Q3 24, the company achieved revenue of 3.84 billion yuan for the year, a decrease of 7.97% year-on-year; achieving a net income of -1 for the parent company.
Shandong Daye Earmarks 1.5 Billion Yuan to Build Morocco Plant
Daye Co., Ltd. Report for the third quarter of 2024
Shandong Daye: plans to invest 1.485 billion yuan in the construction of a production base project in Morocco.
Gelonghui October 29th | shandong daye announced that the company plans to invest approximately 1.485 billion yuan to build a production base in Morocco, including a project to produce 0.1 million tons per year of tire cord steel wire and a project to produce 100,000 tons per year of steel curtain wire, to be built in two phases. The first phase involves an investment of approximately 0.85 billion yuan to construct a project to produce 0.04 million tons per year of tire cord steel wire and 40,000 tons per year of steel curtain wire.
Express News | Shandong Daye: plans to invest 1.485 billion yuan to build a production base in Morocco
Shandong Daye's 2024 semi-annual report
Summary of Shandong Daye's 2024 interim report
Shandong Daye (603278.SH): Net loss of 24.5496 million yuan in the first half of the year.
On August 21st, GeLongHui announced its semi-annual report. From January to June 2024, the company achieved revenue of 2.63 billion yuan, a decrease of 1.59% year-on-year. The net income attributable to the shareholders of the parent company was -24.5496 million yuan, a decrease of 131.74% year-on-year. The net income after deducting non-recurring gains and losses was 32.0159 million yuan, a decrease of 193.83% year-on-year. During the reporting period, the company's management actively responded to the risks and challenges brought about by changes in the domestic and international economic environment, in accordance with the overall strategy and annual operating goals, in order to enhance the quality of operations.
Express News | Shandong Daye: There are no significant matters that should be disclosed but have not been disclosed.
Express News | Commercial aerospace concept stocks fell sharply, with Aerospaceun technology falling more than 10%.
Shandong Daye (603278.SH): the planned transfer of assets between wholly-owned subsidiaries.
On August 7, Gelonhui reported that Shandong Daye will transfer all the assets, debts, personnel, rights and obligations related to the existing photovoltaic and steam business of its wholly-owned subsidiary Shandong Daye New Energy Co., Ltd. (referred to as 'Daye New Energy') to its wholly-owned subsidiary Shandong Zhixu New Energy Co., Ltd. (referred to as 'Zhixu New Energy') in order to integrate the company's business and assets and improve management efficiency. The benchmark date for this transfer is June 30, 2024, with a net book value of 104.3102 million yuan, and the final transfer asset amount is subject to the actual transfer book value.
Shandong Daye (603278.SH), which has had four consecutive daily limit movements, considers its investment in the aerospace company Jiangbei as financial investment, which does not directly generate revenue for the company.
Shandong Daye (603278.SH) announced that the company's stocks will be suspended from trading for two consecutive days on August 2nd and 5th, 2024...
Express News | Shandong Daye: Jiangbei Company mainly engages in aerospace power systems and other aerospace model products, which have no impact on the company's performance.
Express News | Shandong Daye: Jiangbei Company does not generate revenue directly and has no impact on the company's performance.
Express News | Shandong Daye, which has a three-day consecutive limit-up, may face a risk of decline in its stock price after a significant short-term increase.
The A-share commercial aerospace concept stocks are generally rising, with Aerosun Corporation having six consecutive board increases.
On August 2nd, AeroSun Corporation has had six consecutive days of growth, Shandong Daye has had three, Beijing Starneto Technology has had two. Aerospace Hi-Tech Holding Group, Chunhui Zhikong, and Beijing Aerospace Changfeng continued to push higher.
Express News | Shandong Daye, which has had two consecutive days of limit up trading, is currently operating normally and has not undergone major adjustments in its internal and external business environment.
Shandong Daye (603278.SH) plans to distribute a dividend of 0.035 yuan per share on July 25th.
Shandong Daye (603278.SH) announced that the company plans to distribute annual equity for 2023 as follows: distribute cash dividends of A shares per share ...
Shandong Daye expects to make a loss in the first half of 2024, according to the performance forecast announcement.
Shandong Daye (603278.SH): expected to have a loss of around 23 million yuan in the first half of the year
Shandong Daye (603278.SH) announced a pre-loss notice for the first half of 2024. According to preliminary calculations by the company's financial department, it is expected to achieve a net income belonging to shareholders of the listed company of approximately -23 million yuan from January to June 2024, and there will be a loss compared to the same period in the previous year. It is expected that the net income belonging to shareholders of the listed company after deducting non-recurring gains and losses for January to June 2024 will be approximately -30 million yuan, and there will be a loss compared to the same period in the previous year.
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