Henan Zhongfu Industrial's revenue increased while profits decreased in 2024, with the gross margin of the Aluminum processing business falling below 10% | Interpretations
1. Henan Zhongfu Industrial experienced increased revenue but decreased profits in 2024; 2. This is mainly due to continuous pressure on the Aluminum processing Business and other factors.
Brokerage morning meeting highlights: The USA has increased tariffs on China, but the impact on these industries in the A-shares may be limited.
In today's brokerage morning meeting, GF SEC believes that the USA's tariffs on China have a limited impact on the A-share Computer Industry; China Securities Co.,Ltd. suggested being Bullish on the Innovative Drugs industry that is currently not affected by tariffs; Galaxy Securities stated that Deep Sea Technology has entered a new stage in Global Strategy, focusing on opportunities in core equipment.
The payment of a large tax arrears has led to a downward revision of last year's performance. Chongqing Shunbo Aluminum's Net income may decline for three consecutive years.| Quick announcement.
① Chongqing Shunbo Aluminum needs to pay a substantial tax of 93.44 million yuan due to the supplier's fraudulent invoicing; ② As a result of this impact, the company has significantly revised its earnings forecast for 2024, and Net income may experience a decline for three consecutive years.
Aluminum Corporation Of China reported record high net profits, and domestic alumina will shift from shortage to surplus | Interpretations
① In 2024, net profit is expected to increase by over 80%, achieving the best annual performance since the company's listing; ② The company stated that in 2025, the domestic Aluminum oxide fundamentals are expected to shift from a shortage to a surplus.
The "Shandong Nanshan Aluminium International" of A Port has passed the hearing, with revenue in the first three quarters skyrocketing beyond the total for last year.
Planning to issue shares to acquire the core assets of Jinjiang Group, Jiaozuo Wanfang's asset scale may double and will welcome a new "helmsman" | Quick read announcement.
① Jiaozuo Wanfang plans to issue shares to purchase the core Assets of Jinjiang Group, Sanmenxia Aluminum Industry; ② The scale of this Asset injection may exceed the company's net Assets; ③ Jiaozuo Wanfang is about to end its long-term lack of a controlling party status.