01108 TRIUMPH NEW EN
- 4.530
- -0.070-1.52%
TRIUMPH NEW EN News
Jibang Consulting: The photovoltaic industry chain continues to reduce production and clear out inventory. The decision of post-SNEC manufacturers' production and scheduling is particularly crucial.
Due to downstream demand falling back and high silicon wafer inventory, coupled with the approach of Q2 financial reporting season, manufacturers face increased pressure to clear inventory, leading to relatively weak bargaining power for silicon wafer prices. It is expected that prices will remain low in the short term, with consolidation at low levels.
HK stock market anomaly | xinyi solar (00968) fell nearly 7%, leading the decline in photovoltaic glass stocks. Institutions expect the price of photovoltaic glass to continue to decline in June.
The photovoltaic glass stocks saw an increase in the decline this afternoon. As of press time, Xinyi Solar (00968) was down 6.22%, at HKD 4.66; Flat Glass (06865) was down 4.01%, at HKD 15.32; Triumph New En (01108) was down 3.49%, at HKD 4.7.
Huatai Securities: Optimistic about carbon reduction and transformation or speeding up the concentration of building materials
The bank believes that the release of this action plan is expected to strengthen the regulation of production capacity in the building materials industry, promote the implementation of energy-saving transformation in the building materials and construction industry, and accelerate the integration of photovoltaics in buildings and the construction of large scenic bases. It is recommended to focus on companies related to cement, engineering transformation, and power engineering.
Singapore Widens Its Pool of Carbon Credits to Offset Emissions
Companies in Singapore can tap a larger pool of carbon credits to offset up to 5% of their taxable emissions after the city-state signed a bilateral agreement with Ghana.
Triumph New Energy Sets Key AGM Agenda
Binhai Unit to Supply Gas to Triumph's New Glass Factory
Binhai Investment's (HKG:2886) joint venture Qinhuangdao Taixing Gas has secured a contract to supply natural gas to Qinhuangdao Beifang Glass' upcoming photovoltaic alumino-silicate glass factory, ac
Binhai Investment (02886.HK): Obtained the Qinhuangdao North Glass Gas Supply Project
Gelonghui, May 20, 丨 Binhai Investment (02886.HK) announced that the joint venture Qinhuangdao Taixing Natural Gas Co., Ltd. (“Taixing Company”), in which the company indirectly holds 45% of the shares through Binhai Investment (Tianjin) Co., Ltd., has obtained a project to supply natural gas to Qinhuangdao North Glass Co., Ltd. (“North Glass”) (“Qinhuangdao North Glass Project”). Beifang Glass is a wholly-owned subsidiary of Kaisheng Xinneng (600876.SH/01108.HK). It is laying out the development of the photovoltaic glass industry in North China and Northeast China. Its economy and technology in Qinhuangdao City, Hebei Province
Changes in Hong Kong stocks | Kaisheng Xinneng (01108) A shares rose or stopped, H shares rose 12%, GB200 will use glass substrates
The Zhitong Finance App learned that Kaisheng Xinneng (01108) A shares rose and stopped in the afternoon. At one point, H shares rose 12%. As of press release, they had risen 5.61% to HK$5.46, with a turnover of HK$16.0724 million. According to the news, Damo revealed that the advanced packaging process adopted by Nvidia GB200 will use glass substrates; in addition, major manufacturers such as Intel, Samsung, AMD, and Apple have all previously indicated that they will introduce or explore glass substrate chip packaging technology. According to public information, the company is a capital operation and industrial integration platform under China Building Materials Group specializing in ultra-thin glass substrate business and new energy glass business; engaged in light
Silicon Industry Branch: Polysilicon prices fall below costs and supply is expected to shrink
The Silicon Industry Branch issued an article stating that the current price of polysilicon has broken through the cash costs of all production companies, and silicon manufacturers are facing a situation where they lose money when sold.
Huatai Securities: PV equipment production capacity is already showing signs, focus on targets with strong business structure resilience and technology iteration benefits
As the penetration rate of new PV installations increases, it is expected that the growth rate of new installed capacity will gradually decline. Considering the “second-order” characteristics of equipment, downstream production expansion will slow down or even decline, but it is also expected to promote marginal improvements in the PV supply and demand pattern in all aspects of the PV industry chain and promote the clearance of production capacity in the main PV industry chain.
Changes in Hong Kong stocks | Photovoltaic glass stocks collectively fell, Follett Glass (06865) fell more than 7%, Xinyi Solar (00968) fell more than 5%
The Zhitong Finance App learned that PV glass stocks fell collectively. As of press release, Follett Glass (06865) fell 6.53% to HK$18.04; Xinyi Solar (00968) fell 5.31% to HK$5.53; Kaisheng New Energy (01108) fell 4.53% to HK$5.06; Xinyi Glass (00868) fell 3% to HK$9.7. Guotai Junan Futures pointed out that looking ahead, the supply of photovoltaic glass is relatively sufficient. Considering the rigidity of production capacity, it is expected that the profit of photovoltaic glass will still be in a low range in 2024. Based on careful considerations of profitability and cold repair costs,
More and Faster: Electricity From Clean Sources Reaches 30% of Global Total
For the first time, 30% of electricity produced worldwide was from clean energy sources as the number of solar and wind farms continued to grow fast.
Triumph New Energy's (HKG:1108) Earnings Are Built On Soft Foundations
The healthy profit announcement from Triumph New Energy Company Limited (HKG:1108 ) didn't seem to impress investors. Our analysis has found some underlying factors which may be cause for concern.
[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
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