Express News | Weihai Guangwei Composites: Passed the special process certification audit in the Aviation field.
Weihai Guangwei Composites (300699.SZ): The composites Technology has been recognized as a high-tech enterprise.
Gelonghui January 2nd丨Weihai Guangwei Composites (300699.SZ) announced that recently, the Office of the Leading Group for the Management of National High-tech Enterprises Recognition issued an announcement regarding the first batch of high-tech enterprises recognized in ShanDong Province for 2024. Weihai Guangwei Composites Co., Ltd.'s wholly-owned subsidiary Weihai Guangwei Composites Technology Co., Ltd. (referred to as “Composites Technology”) has been recognized as one of the first batch of high-tech enterprises in ShanDong Province for 2024, with certificate number GR202437001175, issuance date of December 7, 2024, and a validity period of 3 years.
Weihai Guangwei Composites (300699): A significant contract worth 3.66 billion yuan announced, which may indicate that the recovery turning point of the Aviation Industry Chain is approaching.
Event: The company released an announcement regarding the signing of a significant contract for daily Operation, stating that its wholly-owned subsidiary Weihai Expansion signed a "Material Procurement Contract" with Client A, with a total contract amount of 3,663.6167 million yuan. The company published a major contract announcement.
Express News | Weihai Guangwei Composites: The Carbon Fiber/PEEK composite material project is currently undergoing trial production line development.
Weihai Guangwei Composites (300699.SZ): The current business scale of thermoplastic Carbon Fiber composites is still relatively small.
On December 27, Gelonghui reported that Weihai Guangwei Composites (300699.SZ) stated on the investor interaction platform that the current scale of Business for thermoplastic Carbon Fiber composites is still relatively small and will not have a significant impact on the company for the time being.
Weihai Guangwei Composites (300699): Three-year major contract signed, new models and new applications support long-term development.
Key point: Recently, the company disclosed an announcement regarding the signing of a significant contract for daily Operation. Weihai Guangwei Composite Materials Co., Ltd.'s wholly-owned subsidiary, Weihai Expansion Fiber Co., Ltd., signed a "Material Procurement Contract" with Client A, with a total contract amount of 36.
Research Reports on wealth creation | HTSC: Weihai Guangwei Composites' major contract has been implemented, maintaining a "Shareholding" rating.
HTSC's Research Reports indicate that Weihai Guangwei Composites (300699.SZ) announced the signing of a significant operational contract. The company's wholly-owned subsidiary, Weihai Expansion, signed a "Material Procurement Contract" with Client A, with a total contract amount of 3.664 billion yuan, accounting for 145.51% of the 2023 revenue. The company's historical large contracts with Client A have only involved single model Carbon Fiber and fabrics, while this contract's symbol involves five models: A, B, C, D, and E Carbon Fiber and Carbon Fiber fabrics. Among these, contract group one covers the above five types of models, contract group two involves models A and B, and contract group three only involves model B.
Chinese Stocks Almost Muted On Stimulus Disappointment; Guangwei Composites Soars 10%
Guangwei Composites Unit Signs 3.66 Billion Yuan Carbon Fiber Deal; Shares Soar 9%
The subsidiary signed a large contract worth 3.664 billion yuan. Can it provide Weihai Guangwei Composites with a sense of assurance? | Quick read of the announcement.
① Weihai Guangwei Composites announced that its wholly-owned subsidiary, Weihai Expansion, signed a "Material Purchase Contract" with Client A, with a total contract amount of 3.664 billion yuan. ② In the company's Carbon Fiber Business, the growth of Aviation-related sectors is relatively fast, including T300 grade/T700G grade/T800H grade.
Express News | Weihai Guangwei Composites: The wholly-owned subsidiary Weihai Expansion has signed a "Material Procurement Contract" with Client A, with a total contract amount of 3.664 billion yuan.
Weihai Guangwei Composites (300699): Major contract signed to support the company's steady growth.
On December 25, 2024, the company announced the signing of a significant daily Operation contract. The company's wholly-owned subsidiary Weihai Expansion signed a "Material Procurement Contract" with Client A, with a total contract amount of 3.664 billion yuan, accounting for the 2023 operating.
Express News | This week, 30 A-shares listed companies disclosed the latest announcements on mergers and acquisitions. Guosen intends to purchase 96.08% shares of Wanhua Securities for 5.192 billion yuan.
China International Capital Corporation: High-temperature resistant composite materials are key materials for aircraft thermal structures, and industry demand is expected to be quickly released.
With the deployment of high-end equipment represented by hypersonic equipment, the demand for high-temperature resistant composite materials is expected to show strong resilience, and core enterprises in the industry chain are likely to benefit significantly.
Express News | Weihai Guangwei Composites: Weihai Expansion intends to acquire 100% equity of Inner Mongolia Guangwei.
Express News | The 15th China International Aviation Exhibition opened today, with high attention from institutions on aviation and aerospace concept stocks.
Research reports prospecting 丨 Guolian Securities: The inflection point trend of weihai guangwei composites' revenue is emerging, maintaining a "buy" rating.
On November 7, Guolian Securities research report pointed out that Weihai Guangwei Composites (300699.SZ) carbon beam business revenue in the first three quarters was 0.41 billion yuan, a year-on-year increase of 20.43%, with a continuous trend of quantity and profit rising, and the turning point of carbon fiber business revenue is emerging. Looking ahead, in the short term, the company is expected to usher in new contract signings and important marginal changes such as subsequent T800H isotropic verification, with T700G fiber companies gradually contributing to revenue increments. Aviation fields such as satellites, rockets, missiles, etc., have broad blue ocean space contributing gradually to performance increments. Domestic large aircraft entering the rapid volume phase, the trend of domestic carbon fiber replacing imports is inevitable.
Weihai Guangwei Composites (300699): The trend of revenue turning point is emerging, the leading carbon fiber second growth is just right.
In the first three quarters of 2024, the company's revenue was 1.9 billion yuan, +9% year-on-year, net income attributable to mother 0.62 billion yuan, -1% year-on-year, non-net profit attributable to mother 0.55 billion yuan, +10% year-on-year. Among them, the company's revenue in the third quarter of 2024
Weihai Guangwei Composites (300699): The company's net income attributable to the parent after deducting non-recurring gains and losses in the first three quarters remained stable. The Inner Mongolia project was successfully put into production.
The company achieved stable growth in net income attributable to the parent company after deducting non-recurring items in the first three quarters. In the first three quarters of 2024, the company achieved revenue of 1.902 billion yuan, an 8.90% year-on-year increase; achieved a net profit attributable to the parent company of 0.615 billion yuan, a 1.0% year-on-year decrease.
Weihai Guangwei Composites (300699): A domestic high-end equipment carbon fiber material platform with the potential for sustained growth driven by the synergy between military and civilian sectors.
Carbon fiber composites have the characteristics of lightweight, high strength, high modulus, fatigue resistance, corrosion resistance, etc., and have become an important symbol of the advanced level of sse high-end equipment manufacturing 60 index. The penetration rate in various equipment is continuously increasing. 1) Military aircraft: Carbon fiber composites account for 20%~ of advanced fighter aircraft usage.
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