The two main industries are facing a "cold wave," and China Aerospace Science and Technology Corporation's rocket division is expected to have a significant loss of up to 0.35 billion yuan in 2024 | Interpretations
① North Industries Group Red Arrow announced its performance forecast for 2024, estimating a net loss of 0.21 billion to -0.35 billion yuan; ② The loss is mainly due to a decline in the selling price of superhard materials’ main products and some special equipment products failing to generate revenue during the reporting period.
Star Evening Report | Anjes' Shareholders plan to collectively reduce their shareholding by no more than 3%. Guoke Military Industry's wholly-owned subsidiary signed a sales contract worth 0.739 billion yuan.
① Shanghai Economic and Information Commission: promoting the development of the high-temperature superconducting industry in a chain manner; ② Peking: focusing on cultivating a number of major industrial projects in the fields of integrated circuit research and supporting sectors; ③ Tencent continuously reduced its Shareholding in WEIMOB INC and UBTECH, cashing out 1.67 billion Hong Kong dollars.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Net income in the first half of the year decreased by nearly 40% year-on-year. Inner Mongolia First Machinery Group: delivery of some significant contracts will be made in the second half of the year. Interpretations.
①Inner Mongolia First Machinery Group's performance fell during the first half of the year, with a nearly 40% decrease in net income compared to the same period last year. ②Company representatives stated, 'There are some significant contracts that will be delivered in the second half of the year, including military and civilian products.'
Contract signing progress is below expectations, North Navigation Control Technology's H1 performance is expected to go from profit to loss according to the announcement. Speed read.
Due to factors such as the progress of contract signing and technological status, North Navigation Control Technology may face its biggest loss since going public in H1. The company is expected to have a net income attributable to the parent of -68 million to -78 million yuan in the first half of the year.
The gross margins of the two major businesses diverge, Zhongbing Red Arrow's “Two Heavens of Ice and Fire” | Financial Report Interpretation
① The company's revenue in 2023 decreased by 8.90% year on year (after adjustment); net profit to mother increased by 1.08% year on year (after adjustment). ② The gross margin of the company's two main businesses was clearly divided. The gross margin of the superhard materials business decreased by 15.3% year on year; the gross margin of the special equipment business increased by 17.4% year on year. ③ In 2024, the company expects to achieve operating revenue of 7 billion yuan.