Debut! J-35A "Dragon Roar" roars, avic shenyang aircraft partial relocation project is making progress| The 15th Zhuhai Air Show "Will Strike the Sky".
1. The second domestically produced stealth fighter jet - J-35A officially debuted at the Zhuhai Air Show today at noon; 2. Recently, avic shenyang aircraft's stock price once reached a historic high; 3. There has been progress in the partial relocation and construction project of avic shenyang aircraft.
Downstream demand adjustments affect profits. Aviation materials company plans to optimize product structure. Titanium alloy intermediate cases are already in mass production. | Earnings conference insights.
①Ye Zhongming introduced that the fastest growing business sector in the company is basic materials, will actively respond to changes in market demand, and ensure the completion of the annual operation tasks; ②Yang Hui stated that in the international aerospace field, the company's titanium alloy intermediate products such as casings have been mass-produced in the civil aviation field, generating revenue, with revenue exceeding 0.1 billion yuan in the first three quarters.
A-shares and Hong Kong stocks are all rising! The gem board is up by 4%, the SZSE Component Index is up by 6.3%, defense stocks are leading the gains, and AVIC Shenyang Aircraft has hit the limit up.
On Tuesday, November 5th, A-shares opened low and moved higher. Currently, the SSE Composite Index is up by 1.03%; the Shenzhen Component Index is up by 1.52%; the ChiNext Price Index is up by over 4%. The Beixinxin 50 is up by 6.3%. Military industry, fintech, and lithium battery sectors are active. The 15th China International Aviation and Aerospace Exhibition is about to kick off, and the medium-sized multi-purpose stealth fighter jet J-35A will have the opportunity to make an appearance.
Sinofibers Technology's senior management 'earthquake': the general manager was dismissed after revealing conflicts with the director, and accused the director of violating laws and disciplines. | Speed read announcement
①Sinofibers Technology announced that Wen Yuefang is no longer suitable for the position of company general manager and decided to dismiss her from the position of general manager; ②This afternoon, a Douyin account named 'Wen Yuefang' released multiple content directly pointing out the contradictory differences with Chairman Yang Yonggang, and also accused Yang Yonggang of violating laws and regulations; ③The proposal to dismiss Wen Yuefang had 2 opposing votes, and the company also claimed that due to poor management at the operational level, the company's seal and the legal representative's seal were lost.
Avic Shenyang Aircraft: Established demand did not sign the contract as scheduled, with net income down by more than 20% year-on-year in the first three quarters | Interpretations
Affected by the progress of contract signing, avic shenyang aircraft's performance in Q3 slowed down; The company's net income in the first three quarters decreased by more than 20% year-on-year.
Market demand leads to reduced product deliveries, with the drone's Q3 net profit hitting a new low for a single quarter in nearly two years.
①Due to the decrease in market demand and increased research and development investment, the company has been operating at a loss for three consecutive quarters, with net income hitting a nearly two-year low in the third quarter of this year; ②In the third quarter of this year, its total research and development investment amounted to 63.534 million yuan, an increase of 163.72% year-on-year.