Quechen Silicon Chemical: Increased product sales due to strong downstream demand, continuous exploration of new scenarios|Direct coverage of earnings conference
① The downstream tire industry has a high prosperity, and Quechen Silicon Chemical's main products have a strong production and sales. The sales volume of silicon dioxide in 2024Q2 reached a record high. ② Quechen Silicon Chemical's Chairman Que Weidong introduced that there are many applications for silicon dioxide microspheres, and the microsphere products are also an important part of the implementation of the import substitution strategy.
One makes a profit and the other loses money. The two projects that Red Avenue New Materials invested in four years ago have now become completely different creatures. | Interpretation of financial reports
① Red Avenue New Materials Group released its semi-annual report, with net profit increasing by over 40% in the first half of the year; ② The photoresist business was the main driver of the company's growth in the first half of the year, while the PBAT business saw a devaluation of over 94 million yuan in the first half of the year, dragging down the company's performance; ③ Both the photoresist and PBAT projects were invested in four years ago, and now the PBAT project is completely different from the photoresist business.
Next week, the ban on market capitalization exceeding 70 billion dollars will be lifted, 9 companies will account for more than 50%, and the EVA leader will have a monopoly of nearly 20 billion
① A total of 9 stocks were lifted, accounting for more than 50% of the total share capital; ② The lifting of the ban peaked on Friday, with a total market value of 29.433 billion yuan, including Lianhong Xinke, Youfa Group, Boqian New Materials, and Crystal Special Equipment.
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How to invest in semiconductors 2022?
Looking ahead to the direction of semiconductor investment in 2022, we think there are two relatively certain main lines: localization and electrification.