600438 Tongwei Co.,Ltd
- 22.59
- -0.20-0.88%
Tongwei Co.,Ltd News
Express News | Tongwei Co., Ltd. signed a strategic cooperation agreement with Sinoma Overseas
Express News | Liu Shuqi, Chairman and CEO of Tongwei Co., Ltd., and his entourage visited Huaneng Energy Transportation Company
PV industry giants “group heating”, Tongwei Co., Ltd. joined hands with Longji Green Energy to sign a 39.1 billion long order
The two major PV giants joined hands again.
Express News | Tongwei Co., Ltd.: Signed a high-purity crystalline silicon sales contract with Longji Green Energy. It is agreed that between 2024 and 2026, Longji Green Energy will purchase no less than 862,400 tons of high-purity crystalline silicon products; for exam
Express News | Tongwei Co., Ltd.: Signed a high-purity crystalline silicon sales contract with Longji Green Energy Technology Co., Ltd.
Nomura Adjusts Tongwei's Price Target to 22 Yuan From 30 Yuan, Keeps at Neutral
04:34 AM EDT, 05/10/2024 (MT Newswires) -- Nomura Adjusts Tongwei's Price Target to 22 Yuan From 30 Yuan, Keeps at Neutral Price (RMB): ¥22.59, Change: ¥-0.20, Percent Change: -0.88%
“Irrational decline” has become the common opinion of many organizations on recent price trends in the PV industry chain. In particular, in the polysilicon sector, the lower limit of the quotation range has reached below 40,000 yuan/ton, falling below the
“Irrational decline” has become the common opinion of many organizations on recent price trends in the PV industry chain. In particular, in the polysilicon sector, the lower limit of the quotation range has reached below 40,000 yuan/ton, falling below the cash costs of most enterprises. However, it is common for other links in the industrial chain to fall below the enterprise cost line. In the first quarter of this year, the performance of many leading PV industry players changed from profit to loss, which heightened concerns in the industry. In a recent institutional survey, a number of companies were asked about their views on market prospects. Tongwei Co., Ltd. said it will not actively launch a price war, hoping to see the steady development of the industry and automatic adjustment of the market. Jinko Energy, on the other hand, said that the market competition is fierce, and production capacity will be better compared
Tongwei Co., Ltd. (600438): Increased competition affects performance, and the competitive advantage of silicon materials is stable
Incident: On April 29, 2024, the company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 139.104 billion yuan, a year-on-year decrease of 2.33%, and achieved net profit to mother
Express News | Societe Generale Securities gave Tongwei shares an initial rating of outperforming the market.
Tongwei Co., Ltd. (600438): Silicon materials and batteries have stabilized their leading position, and the component business is at the forefront of the industry
Matters: The company publishes the 2023 Annual Report and the 2024 Quarterly Report. In 2023, the company achieved revenue of 139.104 billion yuan, -2.33% year on year; net profit to mother was 13.574 billion yuan, -47.24 billion yuan year on year
Tongwei Shares (600438.SH): Initial repurchase of 5.249,500 shares
Gelonghui Co., Ltd. (600438.SH) announced on May 7, 2024, that as of April 30, 2024, the company had repurchased 5,249,500 shares of the company's shares for the first time through centralized bidding transactions, accounting for 0.1166% of the company's total issued share capital of 4,501,974,054 shares as of March 31, 2024. The highest price of the repurchase transaction was 21.89 yuan/share, and the lowest price was 21.53 yuan/share. The total transaction amount was 114,331,449.00 yuan (excluding transaction fees such as trading commissions, etc.) ).
Tongwei Co., Ltd. (600438): Traditional main business maintains advantages, dividend repurchase plans demonstrate confidence in development
FY23's performance fell short of our expectations. The 1Q24 results were in line with our expectations. The company announced FY23 results: revenue of 139.1 billion yuan, -2.3% year over year; net profit to mother of 13.57 billion yuan, -47.2% year on year
There May Be Some Bright Spots In TongweiLtd's (SHSE:600438) Earnings
Shareholders appeared unconcerned with Tongwei Co.,Ltd's (SHSE:600438) lackluster earnings report last week. We think that the softer headline numbers might be getting counterbalanced by some positiv
Tongwei Co., Ltd. (600438) 2023 Annual Report & 2024 Quarterly Report Review: Silicon & battery shipments maintain the industry's first component shipment volume and enter the top five in the world
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved operating income of 139.104 billion yuan, a year-on-year decrease of 2.33%, and realized net profit of 13.574 billion yuan to mother, a year-on-year decrease of 4 billion yuan
Tongwei Co., Ltd. (600438.SH): Repurchase 5.249,500 shares for the first time through centralized bidding
Gelonghui, May 5, 丨 Tongwei Co., Ltd. (600438.SH) announced that on April 30, 2024, the company repurchased 5.249,500 shares for the first time through centralized bidding transactions, accounting for 0.1166% of the company's total issued share capital as of March 31, 2024. The highest transaction price for the initial share repurchase was 21.89 yuan/share, the minimum transaction price was 21.53 yuan/share, and the total transaction amount was 114 million yuan (not including transaction fees and other transaction fees).
Earnings Miss: Tongwei Co.,Ltd Missed EPS And Analysts Are Revising Their Forecasts
It's been a good week for Tongwei Co.,Ltd (SHSE:600438) shareholders, because the company has just released its latest first-quarter results, and the shares gained 2.1% to CN¥21.70. It was a pre
Yunnan Tongwei 200,000 ton high purity crystal silicon project successfully operated at one time to become the world's first largest single-line production capacity
Gelonghui, May 2 | Tongwei reported on May 1: Currently, the world's first project with the largest single production capacity, the Yunnan Tongwei Phase II 200,000 ton high-purity crystalline silicon project, was successfully put into operation at one time. The first batch of products was successfully released. Through quality testing, all indicators reached N-type electronic grade standards, and the product purity reached 99.999999999%.
A three-pronged approach! Tongwei Co., Ltd. strengthens investor confidence with its strength: full strength in increasing holdings, repurchases, and dividends
“Investor Network” Wang Jianfan In 2023, the global photovoltaic market achieved 444 GW of new installed capacity, an increase of 76% over the previous year. Among them, China took the lead, contributing 216.88GW, with a growth rate of 148%, leading the world for 11 consecutive years. Although demand continues to grow, the release of large production capacity on the supply side has led to an imbalance between supply and demand, causing prices in the industrial chain to fall and industry competition to intensify. As can be seen from the disclosure of the quarterly reports of major photovoltaic companies, the industry is currently facing significant operating pressure and market adjustments. In the face of challenges, Tongwei Co., Ltd. has shown a solid ability to withstand risks. Tongwei Co., Ltd. 2023/4
Jefferies Adjusts Tongwei's Price Target to 29.32 Yuan From 33.52 Yuan, Keeps at Buy
05:13 AM EDT, 04/30/2024 (MT Newswires) -- Jefferies Adjusts Tongwei's Price Target to 29.32 Yuan From 33.52 Yuan, Keeps at Buy Price (RMB): ¥21.70, Change: ¥-0.79, Percent Change: -3.51%
Prices in the PV industry chain continued to bottom out, and Tongwei's net profit in 2023 fell 47.25% year on year
Tongwei Co., Ltd. set up a 2024 business plan to achieve the shipment of 550,000 tons of high-purity crystalline silicon business, 90 GW of solar cell business (including personal use), and 50 GW of component business.
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