Mingguan New Materials (688560.SH) announced first-quarter results, net profit of 7.9294 million yuan, a decrease of 59.18%

Mingguan New Materials (688560.SH) released its report for the first quarter of 2024, achieving operating income of 3.2 during the reporting period...

Zhitong FinanceApr 29 10:42 ET

Retail Investors Invested in Crown Advanced Material Co.,Ltd. (SHSE:688560) Copped the Brunt of Last Week's CN¥395m Market Cap Decline

Key Insights Crown Advanced MaterialLtd's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 14 investors have a

Simply Wall StApr 17 21:08 ET

Mingguan New Materials (688560.SH): Net profit pre-reduced by 69.12% to 53.67% in the first quarter

On April 15, Ge Longhui | Mingguan New Materials (688560.SH) announced its performance forecast for the first quarter of 2024. It is estimated that the net profit attributable to the owner of the parent company in the first quarter of 2024 will be 60 million yuan to 9 million yuan. Compared with the same period of the previous year (statutory disclosure data), it will decrease by 13.427 million yuan to 10.427 million yuan, a year-on-year decrease of 69.12% to 53.67%. It is estimated that in the first quarter of 2024, net profit attributable to the owners of the parent company after deducting non-recurring profit and loss will be between RMB 5.5 million and RMB 800,000, and above

Gelonghui FinanceApr 15 05:38 ET

Mingguan New Materials (688560.SH) reported 2023 annual results, with a net loss of 238.754 million yuan, which changed from profit to loss over the previous year

Mingguan New Materials (688560.SH) released its 2023 annual report. The company achieved operating income of 13 during the reporting period...

Zhitong FinanceApr 8 08:35 ET

Mingguan New Materials (688560.SH): A total cost of 258 million yuan to buy back 5.65% of the shares

Gelonghui, April 1, 丨 Mingguan New Materials (688560.SH) announced that as of March 29, 2024, the total number of shares repurchased by the company through centralized bidding transactions through the Shanghai Stock Exchange trading system was 11,381,300 shares (including shares repurchased in the first and second instalments), accounting for 5.65% of the company's total share capital of 201,301,918 shares. The highest price of the repurchase transaction was 34.49 yuan/share. The minimum price was 10.60 yuan/share, and the total amount of capital paid was 258,142,464.16 yuan (excluding stamp duty and tax) transaction fees such as trading commissions).

Gelonghui FinanceApr 1 06:00 ET

Fangzheng Securities: 0BB industry progress accelerates to help the industry reduce costs and increase efficiency

The Zhitong Finance App learned that Fangzheng Securities released a research report saying that currently 0BB technology has broken through technical bottlenecks on TopCon, reducing single-chip silver consumption by ≥ 10%, increasing component power by ≥5W, and can be combined with high-speed welding systems to ensure high yield. The company has completed more than 120 related patent applications, and has now reached the mass production conditions for the TopCon0BB welding process. Currently, leading battery module manufacturers are actively deploying 0BB technology. In the future, with mass production of Topcon and HJT0BB welding processes, the costs of downstream component manufacturers are expected to drop further and advance

Zhitong FinanceMar 18 02:07 ET