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New Energy Revitalizes China's Coal-mining Subsidence Areas
he former coal mining hub in North China's Shanxi province, which was once abandoned and shrouded in silence, is now buzzing with machines and workers bracing the cold winds.
Jefferies Adjusts Xinte Energy's Price Target to HK$12.26 From HK$13.66, Keeps at Buy
07:59 AM EDT, 03/27/2024 (MT Newswires) -- Jefferies Adjusts Xinte Energy's Price Target to HK$12.26 From HK$13.66, Keeps at Buy Price (HKD): $10.08, Change: $-0.24, Percent Change: -2.33%
Xinte Energy's Profit Down 67% in 2023
Xinte Energy (HKG:1799) recorded a 67.37% decline in attributable profit for the year ended Dec. 31, 2023, to 4.35 billion yuan from 13.31 billion yuan during the year-ago period, a Tuesday filing on
Xinte Energy (01799) announced 2023 results, net profit of about 4.345 billion yuan, a year-on-year decrease of 67.37%
According to the Zhitong Finance App, Xinte Energy (01799) announced its 2023 results. Revenue was RMB 30.752 billion, down 16.51% from the same period last year. Net profit attributable to shareholders of listed companies was RMB 4.345 billion, down 67.37% from the same period last year. Basic earnings per share were RMB 3.04. During the reporting period, the first phase of the 100,000 ton project of the Group's Zhundong 200,000 ton polysilicon project was in the process of achieving quality production. At the same time, due to running-out in the cold hydrogenation system and process re-optimization, production capacity was not yet fully utilized, and polysilicon was achieved throughout the year
XINTE ENERGY: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Xinte Energy (01799.HK) received 7.0848 million shares from Ningquan Assets
Gelonghui, March 26丨According to the latest equity disclosure data of the Stock Exchange, from March 19 to March 22, 2024, Xinte Energy (01799.HK) was granted a total increase of 7.0848 million shares by Shanghai Ningquan Asset Management Co., Ltd. at an average price of HK$10.0834-11.4079 per share, involving about HK$77.5 million. After the increase in holdings, the latest number of shares held by Shanghai Ningquan Asset Management Co., Ltd. was 27.284,400 shares, and the shareholding ratio increased from 4.61% to 7.25%.
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whqqq : Well, not 4-to-1 but 2-to-1 because of hybrids, but yes.
RocketBulldozer whqqq: BYD brand perception in China is a cheap car with low brand perception. More frequently sold as Private hire cars, rental cars and Taxis.
If the other brands offer a better deal why not? Wonder which consumer would buy a Taxi without the heavy subsidies? BYD is trying too hard to go into the Premium category with a cheap mindset. Wonder who would buy those cars when Tesla and other brands are slashing their prices