shandong linglong tyre: gross profit improvement with product structure adjustment, North America revenue accounts for approximately 18% | Focus on earnings conference
① Product structure improvement, combined with the profitability achieved by the second overseas base, shandong linglong tyre achieved growth in revenue and gross profit in the first three quarters of this year; ② Chairman and CEO Wang Feng said that in the first three quarters of 2024, North America's revenue accounted for about 18% of the total revenue, and the company will actively explore overseas markets in the future and accelerate the selection of sites for the third overseas base.
The implementation opinions of ai + transportation are being formulated. Institutions state that the inflection point of the asia vets driving industry has arrived.
At the 7th China International Import Expo Shanghai Forum on Intelligent Transportation in 2024, a relevant person in the Technology Department of the Ministry of Transportation revealed recent work measures including: drafting the 'ai + transportation' implementation opinions. Anxin Securities, Ma Liang, believes that in recent times, multiple policies have been successively introduced to support the development of intelligent driving, overlaid by various vehicle companies actively promoting the implementation of urban NOA, marking a turning point for the intelligent driving industry.
MIIT proposed moderately advanced layout of hydrogen energy storage technology, which is expected to inject new development momentum into the industry.
①The Ministry of Industry and Information Technology publicly solicits opinions on the action plan for the high-quality development of the new energy storage manufacturing industry (draft for soliciting opinions). The draft proposes to appropriately plan ahead for hydrogen storage and other ultra-long-term energy storage technologies. ②huaan Securities pointed out that in the first half of the year, the progress of green hydrogen projects has been continuous. Looking forward to the second half of the year, with the frequent introduction of green hydrogen support policies in many places, the demand for electrolyzer bidding will double.
Tesla's domestic sales in October increased by over 40% year-on-year. Domestic suppliers are expected to continue benefiting.
①Overnight, Tesla's stock surged by over 14%, reaching a new high since July 2023. According to media statistics, Tesla's domestic sales in October exceeded 0.04 million vehicles, a 41% year-on-year increase. ②Huaxi pointed out in the research reports that in the medium term, Tesla's layout of new models + new factories + new technologies, rapid response from domestic suppliers, strong cost optimization capabilities, and industry chain related symbols are expected to continue to benefit.
Specific subsidy plan released! Low-altitude sector expected to usher in a wave of orders.
The Ministry of Industry and Information Technology recently held the first plenary meeting of the leading group for the development of low-altitude industry, discussing and deploying the key tasks to promote high-quality development of the low-altitude industry. On the same day, the Shenzhen Transportation Bureau solicited opinions on the detailed rules for the implementation of "Several Measures to Support the High-quality Development of the Low-altitude Economy in Shenzhen". The draft for soliciting opinions proposes specific subsidy plans.
Major shareholder intends to "clear the warehouse" for the third time at xinzhi group, delaying the disclosure of the stock price and causing the price to hit the limit up a day in advance | read the announcement quickly
1. The announcement stated that this share transfer will result in a change of the company's largest shareholder, but will not lead to a change in the actual controller of the company; 2. The judicial debt-for-equity price of the asset management plan for the above-mentioned shares is 15.113 yuan per share, slightly higher than the current share price of the company; 3. Although the asset management plan is its largest shareholder, the actual control of xinzhi group still remains in the hands of founder Yin Xingman's family.