600876 Triumph New Energy
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Triumph New Energy News
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
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...
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