Everbright Securities: Coking coal prices have bottomed out and rebounded, focusing on the investment value of undervalued coking coal stocks.
Everbright stated that after experiencing a downward resonance in coking coal prices and stock prices, the PB of some coking coal enterprises has now fallen below 1.0 times, making them currently possess a cost-effectiveness suitable for allocation.
Hong Kong Stock Concept Tracking | Domestic sales are recovering + export data has exploded again, the Construction Machinery Sector is experiencing a rebound in prosperity (with concept stocks attached).
Excavator sales have stopped declining and are on the rise, the Industry development environment is expected to continue improving.
Zhengzhou Coal Mining Machinery Group (00564.HK): Fu Zugang resigns from the position of Executive Director.
Gelonghui, January 9th丨Zhengzhou Coal Mining Machinery Group (00564.HK) announced that the Board of Directors received resignation letters from executive director Fu Zuguang and non-executive director Yue Taiyu on January 9, 2025. Fu Zuguang applied to resign from the position of executive director of the sixth Board of Directors and the position of member of the Board of Directors' Global Strategy and Sustainability Committee due to work adjustment reasons, and will continue to hold other positions in the company after resigning. Yue Taiyu applied to resign from the position of non-executive director of the sixth Board of Directors and the position of member of the Board of Directors' Global Strategy and Sustainability Committee to focus on other work affairs, and will not hold any positions in the company after resigning.
Zhengzhou Coal Mining Machinery Group to Acquire Further 16.61% Stake in Subsidiary for 699 Million Yuan
Zhengzhou Coal Mining Machinery Group (00564.HK) spent 0.699 billion yuan to acquire the remaining 16.6% stake in Yaxinke Nanjing.
Zhengzhou Coal Mining Machinery Group (00564.HK) announced a related Trade, acquiring the remaining 16.6081% equity of Yaxin Technology Nanjing to achieve full ownership, aiming to enhance resource allocation efficiency and accelerate Yaxin Technology Nanjing's transition to the New energy Fund Auto Parts Business, with a total cash consideration of 0.699 billion RMB.
Hong Kong Stock Announcement Gold Mining | In the first 11 months, Ping An Insurance's premium income from original insurance contracts totaled approximately 796.3966 billion yuan, a year-on-year increase of 7.86%.
GRANDPHARMA (00512): The Phase II clinical study of the global innovative product STC3141 in China has completed the enrollment of all patients.
Zhengzhou Coal Mining Machinery Group: plans to acquire a total of 16.6081% equity in Yaxin Technology Nanjing.
On December 13, Gelonghui reported that Zhengzhou Coal Mining Machinery Group (601717.SH) announced that on December 13, 2024, the company would hold the tenth meeting of the sixth Board of Directors and the ninth meeting of the sixth Supervisory Board. They reviewed and approved the proposal regarding the acquisition of part of the equity of the controlling subsidiary Yaxinke Industrial Technology (Nanjing) Co., Ltd. and the related party transaction, agreeing to use the company's own funds of 698,985,650.96 yuan (including tax) to acquire a total of 16.6081% of the equity of Yaxinke Nanjing held by other shareholders (corresponding to the registered capital of Yaxinke Nanjing is 238,989.
Hong Kong stock concept tracking | Domestic excavator sales are better than cme expectations. Under the background of domestic demand expansion, the valuation of the construction machinery sector is undergoing a repair (with related concept stocks attache
In November 2024, the domestic sales of excavators increased by 20.5% year-on-year, continuing to grow, better than cme expectations.
JPMorgan Expands Energy-Transition Efforts to Add Coal Deals
Research Reports Prospecting | Zheshang Securities: Maintain a 'shareholding' rating for Zhengzhou Coal Mining Machinery Group, auto parts sector performance expected to turn a corner.
Gelonghui November 22nd | Zheshang research reports pointed out that Zhengzhou Coal Mining Machinery Group (601717.SH) showed a year-on-year increase in profitability in Q3 2024, with significant cost reduction and efficiency improvement results. The profit margin in the first three quarters increased year-on-year, mainly due to the optimization of revenue structure in the coal machinery sector, decrease in material costs, and overall revenue growth from Asia Vets leading to profit growth. The company's leading position in the industry with intelligent products, and Hengda Zhikong's performance is rapidly growing. In addition, the subsidiary's quality improvement and efficiency enhancement are progressing smoothly, and the performance of the auto parts sector is expected to reach a turning point. The company's "shareholding" rating is maintained.
Zhengzhou Coal Mining Machinery Group (601717): The company's performance maintains steady growth, and the auto parts sector is expected to turn the corner.
Key points of investment in coal machinery: The coal machinery industry has multiple drivers, and the company's asia vets business continues to grow. 1) The coal machinery industry has multiple drivers, and the industry leader is expected to benefit. 2) The company's asia vets products are industry-leading, and Hengda Zhikong's performance is growing rapidly. Auto parts:
The major shareholder of zhengzhou coal mining machinery group (00564.HK) has conducted a concentrated auction to reduce its shareholding by nearly 13.21 million A shares.
Zhengzhou Coal Mining Machinery Group (00564.HK)(601717.SH) announced that as of November 18, 2024, one of the major shareholders, Hongyi Investment, reduced its shareholding during the shareholding reduction period from August 19 to November 18 through centralized bidding trades, decreasing its holdings by 13.2097 million A-shares at prices ranging from 11.41 to 15.47 CNY, involving 0.173 billion CNY, without reducing shares through block trades. After this reduction, Hongyi Investment's holdings in the company's A-shares dropped to 0.264 billion shares, with the shareholding percentage falling from 15.52% to 14.79%.
Announcement Highlights: Xiaopeng Motors reduced losses by over 50% year-on-year in the third quarter; alibaba plans to issue $2.65 billion and 17 billion RMB bonds.
Sino biopharm signed a private equity and global strategy cooperation agreement with Lixin Pharmaceuticals; zto express's revenue in the third quarter increased by 18% year-on-year to 10.68 billion yuan.
Zhengzhou coal mining machinery group (601717.SH): Hongyi Investment has reduced its shareholding by 0.74%.
Gelonghui on November 19 reports that zhengzhou coal mining machinery group (601717.SH) announced that as of November 18, 2024, the shareholding plan of Hongyi Investment will reach its end. During the shareholding period, Hongyi Investment reduced its A-share holdings by 13,209,700 shares through centralized bidding trade, representing a reduction of 0.74%, and did not reduce shares through block trades.
Hong Kong stock concept tracking | In October, sales of various types of excavators increased by 15.1% year-on-year, and the sales of construction machinery stabilized (with concept stocks).
China Construction Machinery Industry Association: in October, the sales of all types of excavators reached 16,791 units, a year-on-year increase of 15.1%.
Hong Kong stock market anomaly | Zhengzhou Coal Mining Machinery Group (00564) rose more than 4%, with a 14% year-on-year increase in net profit in the third quarter. The transformation of auto parts continues.
zhengzhou coal mining machinery group (00564) rose more than 4%, as of the deadline, rose 4.22%, at 10.38 Hong Kong dollars, with a turnover of 31.864 million Hong Kong dollars.
Zhengzhou Coal Mining Machinery Group (601717): Optimizing coal machine revenue structure, stable growth in automotive zero business.
1-3Q24 performance meets our expectations The company announced the 1-3Q24 performance: revenue of 27.856 billion yuan for the first three quarters of 2024, a year-on-year increase of 2.2%, with a single quarterly revenue of 8.903 billion yuan, a year-on-year decrease.
Zhengzhou Coal Mining Machinery Group (601717): Dual-wheel drive of coal machine and automotive zero business, rapid growth in net income in the third quarter.
Event: In the first three quarters, the company achieved revenue of 27.857 billion yuan, a year-on-year increase of 2.19%; achieved a net income attributable to shareholders of 3.059 billion yuan, a year-on-year increase of 23.97%; achieved a non-recurring net income attributable to shareholders of 2.773 billion yuan,
Zhengzhou Coal Mining Machinery Group (601717) 2024 Q3 Review: 24Q3 performance increased by 14%, profit margin improved.
Core point in Q3 of 2024, the revenue slightly decreased, while the net income attributable to the parent increased by 14%. The company achieved revenue of 27.856 billion yuan in Q1-Q3 of 2024, a growth of 2.2%, and achieved a net income attributable to the parent of 3.059 billion yuan, an increase of 24.0%. Its
Zhengzhou Coal Mining Machinery's Q3 Profit Rises 14%, Operating Income Slips 2%