600522 Jiangsu Zhongtian Technology
- 14.46
- +0.03+0.21%
Jiangsu Zhongtian Technology News
Express News | Leveraged funds' top-heavy stock exposure: PetroChina ranks first.
Jiangsu Zhongtian Technology (600522.SH): has accumulated repurchased 9.2689 million shares of stock.
Jiangsu Zhongtian Technology (600522.SH) announced on June 3 that as of May 31, 2024, the company has implemented the fourth phase of the centralized bidding trading method to repurchase company shares. The company has repurchased 9.2689 million shares, accounting for 0.27% of the current total share capital. The highest and lowest repurchase prices were 13.85 yuan/share and 11.34 yuan/share, respectively, and the total payment amount was 113,086,600 yuan.
Express News | Ping An Securities: Optimistic about investment opportunities in the offshore wind power sector
Express News | Zhongtian Technology: 800G optical module research and development work progresses in an orderly manner
Open Source Securities: Short-term domestic offshore wind installed growth can be expected, and long-term offshore & offshore will further open up room for growth
According to the current construction situation, it is estimated that the installed capacity of Sea Wind will be more than 10 GW in 2024, 6.8 GW will be added to the grid in 2023, and the year-on-year increase of at least 47% in 2024. To achieve the goals of the “14th Five-Year Plan” plan, there is still a lot of potential for installing Sea Wind in 2025.
CPO concept stocks fluctuated and strengthened. Yihua shares rose more than 8%, while Bochuang Technology, Ruijie Network, Xinyisheng, Zhongtian Technology, and Tianfu Communications followed suit.
CPO concept stocks fluctuated and strengthened. Yihua shares rose more than 8%, while Bochuang Technology, Ruijie Network, Xinyisheng, Zhongtian Technology, and Tianfu Communications followed suit.
Guosheng Securities: Seabreeze is booming, and the development of submarine cable links has the strongest resistance to deflation
Since submarine cables require 2-3 years of quality verification and capacity construction, etc., it is expected that the competitive pattern for high-pressure/flexible submarine cables will be stable for at least 2-3 years, and the overall profitability and value of submarine cables are expected to be maintained.
Zhongtian Technology (600522): Short-term fluctuations in performance, sufficient on-hand orders for the marine business
Announcement summary: The company released its 2023 annual report and 2024 quarterly report. The full year of 2023 achieved revenue of 45.065 billion yuan, an increase of 11.91% over the previous year, and achieved net profit of 3.117 billion yuan to mother, a year-on-year decrease
Zhongtian Technology (600522): Optical Communications gross margin improvement focuses on ocean wind recovery and overseas opportunities
Description of the incident Recently, the company announced its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 45.07 billion yuan, an increase of 11.9% year on year; net profit to mother was 31.2, down 3% year on year; after deducting non-net profit
Guosheng Securities: Multiple favorable factors resonate, and the fiber optic cable industry is expected to break out of the current industry trough in 24 years
Since entering 2024, domestic ocean wind construction has gradually recovered, overseas cable demand has begun, and high-end optical fiber is expected to break out of the “cycle product” attribute under AI demand. The fiber optic cable industry is expected to break out of this industry trough and move towards recovery.
Huachuang Securities: The wind power boom has clearly rebounded, and the profit resilience of the 24Q1 Haifeng sector is obvious
The Zhitong Finance App learned that Huachuang Securities released a research report saying that the wind power boom will recover in 2023, and it is expected to add 83 GW of installed capacity in 2024, of which the sea breeze is +46.4% compared to the same period last year. The wind power boom rebounded markedly in 2023, adding 75.9 GW of installed capacity throughout the year, +101.7%. Among them, sea/land added 6.8/69.1 GW respectively, +167.8%/+197.3%. Since 2024, several seabreeze projects in Guangdong, Zhejiang, Fujian and other places have been approved, and bids for fans/submarine cables have accelerated markedly since March. Approaching the end of the “14th Five-Year Plan”, domestic seabreeze projects are expected
Zhongtian Technology (600522): Steady revenue growth, sufficient on-hand orders
Incident: Zhongtian Technology Releases 2023 Annual Report and 2024 Quarterly Report: The company achieved revenue of 45.065 billion yuan (+11.91% year-on-year) and net profit of 3.117 billion yuan to mother (year-on-year -3.03 billion yuan)
Zhongtian Technology (600522): The pace of submarine cable delivery affects short-term performance and sufficient orders in hand
Key investment results were under pressure in the short term. Delivery of the Haifeng project was delayed in 2023. The company achieved revenue of 45.07 billion yuan, +11.9% year over year; net profit to mother was 3.12 billion yuan, -3.0% year over year. Among them, the optical communication sector
Zhongtian Technology (600522): Marine business with plenty of orders in hand or an inflection point
The core point is that the company's net profit declined in 2023 due to the slowdown in the start-up pace of the Haifeng project and losses in copper foil/photovoltaic materials and other businesses. As of 2024Q1, the company's marine business has orders of 11.5 billion yuan, and reserves such as offshore vessels
Zhongtian Technology (600522.SH) has repurchased a total of 9.268,900 shares at a cost of 113 million yuan
Zhongtian Technology (600522.SH) announced that as of April 30, 2024, the company will implement the fourth phase to concentrate...
Zhongtian Technology (600522): Abundant orders in hand support improving performance and improving energy network trends
Incident: The company released the “2023 Annual Report” and the “2024 First Quarter Report” on the evening of April 25. In 2023, the company achieved revenue of 45.065 billion yuan, an increase of 11.91% over the previous year;
Jiangsu Zhongtian Technology's (SHSE:600522) Earnings Seem To Be Promising
Investors signalled that they were pleased with Jiangsu Zhongtian Technology Co., Ltd.'s (SHSE:600522) most recent earnings report. This reaction by the market reaction is understandable when looking
Zhongtian Technology (600522): First quarter results achieved more strength throughout the year
Event: The company released its 2024 quarterly report, achieving total operating revenue of 8.242 billion yuan, -0.40% year over year; realized net profit to mother of 636 million yuan, -17.20% year over year; achieved gross sales margin of 18.03%
Zhongtian Technology (600522): Short-term fluctuations in performance, continued expansion of orders
Event: The company released its 2023 annual report, achieving total operating revenue of 45.065 billion yuan, +11.91% year on year; realized net profit to mother of 3.117 billion yuan, -3.03% year over year; gross profit margin of 16.22%, year over year-
League of Nations Securities: With delivery and bidding, the wind power industry's boom is expected to reverse
Guolian Securities released a research report saying that previously, the wind power sector was at a phased relative bottom, and with deliveries and tenders starting, the industry's boom was in a phase of reversal.
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