The price of beef cattle is "constantly falling". Fortune Ng Fung Food's 2024 performance decline is nearly 50%丨Interpretations

1. Fortune Ng Fung Food's revenue and net income for 2024 both declined, with net income of 51.7 million yuan, down 47.56% year-on-year; 2. The company explained in its annual report that the significant drop in domestic live cattle and beef prices directly led to an increase in beef sales without an increase in profit; 3. Since the fourth quarter of last year, the pace of live cattle slaughter has noticeably accelerated in the domestic market, and the overall trend for domestic breeding cows has been a reduction, with the industry expecting a potential reversal and increase in beef prices by 2025.

cls.cnMar 21 21:36

It is proposed to set aside a goodwill impairment provision of nearly 0.9 billion yuan. China National Accord Medicines Corporation's revenue and net profit are expected to decline in 2024 | Quick Announcement.

① Due to the combined impact of intensified market competition and other factors, China National Accord Medicines Corporation expects a decline in both revenue and Net income for 2024. ② The company plans to make an impairment provision totaling 1.094 billion yuan for credit impairment losses and asset impairment losses.

cls.cnMar 17 22:13

The "hot battles" of humanoid robots have begun: with an intensive release of new products, has the year of mass production really arrived?

① Siasun Robot&Automation and Zhiyuan Robot both launched new humanoid robots, and related Concept stocks rose in response; ② mass production of humanoid robots still faces challenges, and domestic manufacturers aim to produce thousands of units this year; ③ there are also disputes within the Industry regarding the implementation scenarios.

cls.cnMar 12 13:49

Express News | DeepSeek-R2 will be released on March 17, and there has been no official response yet.

BreakingsMar 11 15:22

Two Sessions Time | National People's Congress Representative, Lu Qingguo from Chenguang Biotech Group: Improve the quality standards of Chinese Patent Medicine, regulate the centralized procurement model for Traditional Chinese Medicine, and optimize the

① Lu Qingguo, Director of Chenguang Biotech Group and a representative of the National People's Congress, focused on several recommendations at this year's Two Sessions, including optimizing the procurement mechanism for Traditional Chinese Medicine, enhancing the quality standards for Chinese Patent Medicine, and standardizing the Traditional Chinese Medicine granule industry; ② In addition to recommendations related to the Traditional Chinese Medicine industry, Lu Qingguo prepared several suggestions on rural social retirement insurance, rural medical insurance, and increasing support for companies sanctioned by the United States.

cls.cnMar 3 10:09

"Cyber Traditional Chinese Medicine" has become popular! The Server crashed, Orders surged, yet there are still technical and policy issues to be resolved.

① The founder of an AI Traditional Chinese Medicine (TCM) app stated that with the popularity of DeepSeek, the interest in AI TCM has increased, leading to a rapid growth in the number of users after the New Year, causing the Server to crash multiple times. Additionally, industry insiders indicated that the Industry will enter a phase of explosion. ② Several AI TCM brain system service providers expressed their active connection to DeepSeek, and new players have begun to enter the market, leading to market iteration and reshuffling.

cls.cnFeb 28 12:01