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Sailun Group (601058.SH): Currently cooperating with some Douyin auto bloggers.
On September 26, Sailun Group (601058.SH) stated on the interactive platform that the company has currently collaborated with some automotive influencers on Douyin, in addition to collaborating with non-automotive influencers. Currently, the company is conducting a "crowd testing" task activity on the Douyin platform ("1 Minute Sailun Teaches You How to Choose Good Tires" topic page), for activity details please refer to the news released on September 23 by the Sailun Group WeChat official account. In the future, the company will continue to cooperate with mainstream new media platforms and platform influencers such as Douyin, Xiaohongshu, Bilibili, and Dongchedi.
Sailun Group (601058.SH): Sailun Dongjiakou plans to absorb and merge Sailun new materials.
Sailun Group (601058.SH) issued an announcement that on September 23, 2024, the company held the sixth session of the board of directors...
Express News | Sailun Group: Absorption and merger between wholly-owned subsidiaries
Sailun Group (601058): Outstanding performance continues, global layout helps future growth.
Key investment events: Sailun Group released its 2024 interim report, achieving revenue of 15.154 billion yuan in 1H 2024, a year-on-year increase of 30.29%; net income attributable to shareholders was 2.151 billion yuan, a year-on-year increase of 105.77%; non-GAAP adjusted net income...
Tire semi-annual report inventory: strong demand, outstanding performance, continue to expand overseas market.
① Among the 9 listed companies in the tire industry, 8 companies have achieved growth in net income in the first half of this year due to strong market demand; ② Top companies in the industry, such as Sailun Group, Linglong Tyre, and Jiangsu General Science Technology, will continue to expand overseas production capacity in 2024 to meet the high overseas demand.
West Securities: The recovery of downstream auto industry sales drives tire demand, with the production capacity of semi-steel tires at a high level.
The sales of the downstream automotive industry rebounded, driving demand for tires; the prices of upstream raw materials fluctuated and rose, and marine transportation costs remained high, putting pressure on tire manufacturers' cost side; the operating rate of semi-steel tires remained high, while the operating rate of all-steel tires declined slightly.
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