01108 TRIUMPH NEW EN
- 5.480
- +0.120+2.24%
TRIUMPH NEW EN News
[Broker Focus] BOC International cuts Kaisheng Xinneng (01108) target price of 12.78% indicates that the first quarter results are lower than expected
Jinwu Financial News | According to BOC International Development Research Report, Kaisheng Xinneng (01108)'s net loss to mother for the first quarter of 2024 was 0.06 million yuan, down 151% from the previous year, lower than the forecast. The price of photovoltaic glass fell in the first quarter, leading to a 1.7/3.6 percentage point year-over-year drop of 1.7/3.6 percentage points to 8.2%, and the gap with the leader widened. According to the bank, photovoltaic glass was quickly removed from storage in March, driving prices up 3% in April, while prices of soda ash and natural gas fell, driving the industry's profit margin to improve markedly. The industry continued to stock up in the first half of April, but slowly began to accumulate in the second half of the month. The bank expects another oversupply in the second half of the year
Changes in Hong Kong stocks | Kaisheng Xinneng (01108) fell more than 7% in the afternoon, the profit to loss margin fell year-on-year in the first quarter
Kaisheng New Energy (01108) fell more than 7% in the afternoon. As of press release, it was down 7.24% to HK$5.38, with a turnover of HK$4.981 million.
Kaisheng Xinneng plans to appoint Grant Thornton as the 2024 Audit Institution
Kaisheng New Energy (01108) announced that the board of directors of Kaisheng New Energy Co., Ltd. plans to appoint Grant Thornton Certified Public Accountants (Special General Partnership) as the company's 2024 auditor. The matter of renewing the accounting firm has yet to be submitted to the Company's Annual General Meeting of Shareholders for consideration.
Kaisheng Xinneng (01108) plans to appoint Grant Thornton as the 2024 Audit Institution
Zhitong Finance App News, Kaisheng New Energy (01108) issued an announcement. The board of directors of Kaisheng New Energy Co., Ltd. plans to appoint Grant Thornton Accounting Firm (Special General Partnership) as the company's 2024 auditor. The matter of renewing the accounting firm has yet to be submitted to the Company's Annual General Meeting of Shareholders for consideration.
Kaisheng Xinneng (01108) intends to appoint Yuan Jian as an independent non-executive director
Zhitong Finance App News, Kaisheng Xinneng (01108) announced that since Mr. Zhao Hulin resigned as an independent non-executive director of the company on December 22, 2023, the board of directors agreed to nominate Ms. Yuan Jian as an independent non-executive director candidate for the 10th board of directors of the company.
Kaisheng Xinneng (01108) announced first-quarter results with net loss of about 6.3531 million yuan year-on-year profit to loss
Kaisheng Xinneng (01108) announced its results for the first quarter of 2024, with revenue of about 1,438 billion yuan, a year-on-year increase...
凱盛新能：2024年第一季度報告
China Drives Down Cost of Solar Power Development
China's large-scale development of solar power, coupled with continuous innovation and a complete industrial chain, is driving down production costs and making new energy products more affordable worldwide, experts said.
凱盛新能：2023年度報告
Changes in Hong Kong stocks | PV glass stocks continue to decline, Follett Glass (06865) falls more than 4%, Xinyi Glass (00868) falls more than 3%
The Zhitong Finance App learned that photovoltaic glass stocks continued to decline. As of press release, Follett Glass (06865) fell 4.48% to HK$18.32; Xinyi Glass (00868) fell 3.29% to HK$8.23; Xinyi Solar (00968) fell 3.13% to HK$5.88; Kaisheng New Energy (01108) fell 2.38% to HK$5.32. According to the news, according to Solbi's consultation, some early ignition production lines have recently been put into production one after another, and the supply supply in the photovoltaic glass market has increased slightly. Looking at next week, glass manufacturers will mainly execute orders. Inventory deceleration is expected to slow down. Market is expected
Kaisheng New Energy (600876.SH): Received a government subsidy of 77.5787 million yuan
Gelonghui, April 2, 丨 Kaisheng Xinneng (600876.SH) announced that, as confirmed by the financial department of the Company, the Company and its subsidiaries received various government subsidies totaling RMB 77.5787 million from August 31, 2023 to April 2, 2024.
Kaisheng Xinneng (01108) plans to be commissioned by Kaisheng Technology Group to manage 64.6832% of its shares in Kaisheng Glass Holdings
Zhitong Finance App News, Kaisheng Xinneng (01108) announced that the company signed an “Equity Custody Agreement” with Kaisheng Technology Group Co., Ltd. (hereinafter referred to as “Kaisheng Technology Group”). The company agreed to accept Kaisheng Technology Group's entrustment to manage 64.6832% of the shares of Kaisheng Glass Holdings Co., Ltd. (hereinafter referred to as “Kaisheng Glass Holdings”), with a management fee of RMB 1 million per year.
Triumph New Energy's 2023 Profit Declines 3.5%
Triumph New Energy (HKG:1108) posted 2023 net profit attributable to shareholders of 394.7 million yuan, or 0.61 yuan per share, down 3.5% from 409.0 million yuan, or 0.63 per share, a year earlier. T
Kaisheng New Energy (01108) transferred desulfurization and denitrification equipment and cold end and annealing kiln equipment
Kaisheng Xinneng (01108) announced that on March 28, 2024, the company's wholly-owned subsidiary, Beifang Glass and Kai...
TRIUMPH NEW EN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Kaisheng Xinneng (600876.SH) announced its 2023 annual results, with net profit of 395 million yuan, a year-on-year decrease of 3.5%
Kaisheng Xinneng (600876.SH) disclosed its 2023 annual report, and the company achieved revenue of 65 in 2023...
TRIUMPH NEW EN: NOTICE OF BOARD MEETING
Kaisheng Xinneng (01108.HK) plans to hold a board meeting on March 28 to approve the annual results
Gelonghui March 14, 丨 Kaisheng Xinneng (01108.HK) issued an announcement. The board meeting will be held on March 28, 2024 to review and approve the following: 1. The annual results of the company and its subsidiaries for the year ended 31 December 2023; 2. Publish the annual results announcement of the company and its subsidiaries for the year ended 31 December 2023 in accordance with the requirements of the listing rules; and 3. Any other matters (if applicable).
TRIUMPH NEW EN: NOTICE OF BOARD MEETING
CITIC Construction Investment: PV glass supply and demand are in dynamic balance in 2024, prices are expected to rise during the Q2 peak season
CITIC Construction Investment released a research report saying that due to its characteristics of heavy assets, long construction cycle, continuous production, and large inventory area, production capacity is usually released in a “stepwise” manner. When module production schedules rise rapidly, it is more likely to cause phased supply and demand mismatches compared to other auxiliary materials.
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