The provincial high court and procuratorate intervened in the merger aftermath of Ningbo Shanshan Special Treat XinYa, affecting 200,000 shareholders | Exclusive investigation.
A 0.7 billion yuan merger, two publicly listed companies under the control of their actual controllers, over 200 days entangled in lawsuits, with the provincial high court and prosecutor's office intervening, affecting the interests of over 200,000 shareholders... The merger between Ningbo Shanshan (600884.SH), a well-established private enterprise in Zhejiang, and the newly established ST Xinya (002388.SZ), unfolds with twists and turns like a drama, illustrating the uncertainty, cruelty, and intrigue of commercial warfare.
Reverse again? JA Solar Technology reported a loss of over 4 billion yuan in Q4, with asset impairment becoming the performance "killer" | Interpretations
① The company achieved a Net income of approximately 0.39 billion yuan in Q3 last year, significantly exceeding market expectations; however, by Q4, its quarterly losses ranged from 4.02 billion yuan to -4.72 billion yuan; ② The increase in component shipment volume did not result in profit growth under the extreme Low Stock Price impact in the Industry Chain.
Photovoltaic Glass supply exceeds demand, Flat Glass Group's net profit shrinks by over 1.6 billion yuan in 2024 | Interpretations
① Flat Glass Group expects that the net income attributable to the parent company in 2024 will decrease by 1.684 billion yuan to -1.822 billion yuan, a year-on-year decrease of 61%-66%; ② The main reason for the decline in net income is the oversupply of Photovoltaic Glass in the second half of 2024, leading to a significant drop in prices; ③ Flat Glass Group reported net income losses in both Q3 and Q4 of last year.
Key technologies in quantum computing continue to make breakthroughs, and Institutions recommend focusing on opportunities in the related industry chain.
On January 21, Honeywell's quantum computing company Quantinuum announced plans to establish a cutting-edge R&D center in New Mexico, USA, which will focus on photonic technology. Zheshang pointed out that, from the perspective of the Industry Chain, opportunities in quantum chips, dilution refrigerators, and other Industry Chain segments should be given special attention.
To support the "two重" and "two新" project investments, within one month, two listed Electrical Utilities companies received over 2 billion yuan in loans from their controlling shareholders | Quick read announcement.
① Jilin Electric Power announced in the evening its plan to engage in entrusted loan business with its controlling shareholder Jilin Energy Investment, borrowing funds of 2.5 billion yuan. ② Coincidentally, at the end of last year, Datang Huayin Electric Power announced that its controlling shareholder Datang Group intends to allocate special bonds for stable growth and investment expansion to the company through entrusted loans, expected to total 2.6 billion yuan.
The overseas photovoltaic Brackets Business continues to grow, with Arctech Solar Holding expecting a net profit increase of over 80% in 2024.
① The company expects a Net income of 0.208 billion yuan in the fourth quarter of 2024, an increase of approximately 10.69% year-on-year and about 6.02% quarter-on-quarter. It stated that the strong demand for overseas photovoltaic ground power stations and the rise of Emerging Markets such as the Middle East and Latin America have driven the continuous growth of the company's overseas photovoltaic Brackets Business; ② As of December 31, 2024, the company has a total Order of approximately 4.65 billion yuan.