Chaowei Power Posts Lower 2023 Profit Despite Revenue Hike
Chaowei Power Holdings (HKG:0951) reported a profit attributable to the owners of 347.5 million yuan for the year ended Dec. 31, 2023, compared with 417.2 million yuan in the previous year, according
超威動力:二零二三年年報
The total cumulative output of power and other batteries in China in the first quarter was 184.6 GWh, a cumulative year-on-year increase of 33.5%
The Zhitong Finance App learned that on April 11, the China Automobile Power Battery Industry Innovation Alliance released monthly power battery information for March 2024.
Lithium Market Struggles to Recover After Epic Boom and Bust
Prices have bottomed out but have struggled to meaningfully rebound, partly because miners, refiners and carmakers are still working through a mound of surplus stock clogging up the supply chain.
Global EV Battery Market Share in Jan-Feb 2024: CATL 38.4%, BYD 13.1%
CATL continued to be No. 1, while BYD dropped to No. 3 after being overtaken by LG Energy Solution for the first time since December 2022.
Huatai Securities: What is the impact of the surge in copper prices on the battery industry chain?
Recently, copper prices have risen sharply, and the market's attention to composite foil has once again increased. In the medium to long term, composite copper foil is an important way to reduce the cost of traditional copper foil against the backdrop of rising copper prices, the trend remains unchanged.
Cathay Pacific Junan: Early power batteries face decommissioning and recycling market volume is imminent
The battery recycling industry welcomes accelerated development
CHAOWEI POWER To Go Ex-Dividend On June 11th, 2024 With 0.053 HKD Dividend Per Share
March 27th - $CHAOWEI POWER(00951.HK)$ is trading ex-dividend on June 11th, 2024. Shareholders of record on June 12th, 2024 will receive 0.053 HKD dividend per share on July 17th, 2024. The ex-div
Chaowei Dynamics (00951.HK)'s total annual revenue increased 26.4% to $40.375 billion with final interest of HK$0.053
Gelonghui, March 26 | Chaowei Power (00951.HK) announced its annual results. For the year ended December 31, 2023, the Group's total revenue increased by about 26.4% to approximately RMB 40.375 billion; the Group's gross profit decreased by about 2.7% to approximately RMB 3.60 billion; the Group's overall gross margin fell to about 8.9%, and the profit attributable to the company owners was approximately RMB 348 million, a decrease of 16.7% year on year. Basic earnings per share are RMB 0.31, and a proposed final dividend of HK$0.053 per share. According to the announcement, lead-acid power batteries are the Group's main product, due to their excellence
Chaowei Dynamics (00951) will pay a final dividend of HK$0.053 per share on July 17
Chaowei Dynamics (00951) announced that the company will distribute on July 17, 2024 until 2023...
Chaowei Dynamics (00951) announced annual results. Profit attributable to shareholders of 348 million yuan decreased by 16.7% year-on-year
Chaowei Dynamics (00951) announced its annual results for the year ended December 31, 2023. The group achieved...
CHAOWEI POWER: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Huatai Securities: America's long-term electrification strategy clarifies that China's lithium battery industry has plenty of room to go overseas
The Zhitong Finance App learned that a research report issued by Huatai Securities said that on March 20, local time, the United States released emission standards for various pollutants for light/medium vehicles in 2027 and beyond.
Battery Metals Receive Boost as US Introduces Tough New Motor Vehicle Pollution Rules
Analysts are forecasting battery metals such as lithium and copper will receive a boost in demand after the US government introduced tough new rules last night expected to significantly lift electric vehicle (EV) and hybrid vehicle sales.
Did Lithium Bubble Really Burst, or Is It Just Deflated?
Bubbles in nature may be beautiful – for some – but in financial markets they are a right pain.
Chaowei Dynamics (00951.HK) will hold a board meeting on March 26 to approve the annual results
Glonghui, March 14, 丨 Chaowei Dynamics (00951.HK) announced that the company will hold a board meeting on March 26, 2024 to consider and approve the audited annual results of the company and its subsidiaries for the year ended December 31, 2023, and to declare a final dividend (if any).
CHAOWEI POWER: DATE OF BOARD MEETING
Is the lithium oversupply crisis showing signs of “warming up” and the lithium industry's “big shortfall” dangerous?
As signs of an oversupply of lithium subside, multi-billion dollar short bets against the world's largest lithium producers are under threat.
Ministry of Industry and Information Technology: In 2023, the country's total lithium battery production will exceed 940 GWh, an increase of 25% year-on-year
In 2023, the country's total lithium battery output exceeded 940 GWh, an increase of 25% over the previous year, and the total output value of the industry exceeded 1.4 trillion yuan.
Dongwu Securities: Electric vehicle sales declined as planned in January, and the lithium battery industry chain is gradually bottoming out
According to a research report released by Dongwu Securities, profits in the 24H1 lithium battery industry are expected to bottom out, production capacity clearance will be accelerated, the supply and demand pattern will improve in 25 years, and the sector will regain growth.
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