The 8th China-Russia Expo is being held today, and there is great potential for growth in trade between China and Russia
① A relevant Ministry of Commerce official said that the 8th China-Russia Expo will be held from May 16 to 21 in Harbin, Heilongjiang Province. Up to now, more than 1,400 enterprises from 44 countries and regions and 21 domestic provinces, regions and cities have signed up to participate in the exhibition. ② In the first quarter of this year, bilateral trade volume between China and Russia reached 56.68 billion US dollars, an increase of 5.2% over the previous year, and continued to maintain a good development trend.
Lifan Technology (Group) Co., Ltd. April 2024 Production and Sales Report Announcement
Order volume and shipment volume shrunk by nearly half, Xinlong Health's net profit dropped by more than 80% | Financial Report Interpretation
① Xinlong Health's net profit was pre-reduced by more than 85%. The company said that due to the inventory digestion of major dealers and retailers in the industry falling short of expectations, the company's order volume and shipment volume decreased by nearly 50% compared to the previous year. ② In terms of performance, the “highlight moment” of 2021 was not renewed; in fact, Xinlong Health began to experience a decline in orders in 2022.
The investment value of the pension industry in promoting the cultivation of leading enterprises in the banking economy is highlighted by the State Administration
① The General Office of the State Council issued “Opinions on Developing the Yinfa Economy to Improve the Welfare of the Elderly”, which mentions promoting brand development and cultivating leading enterprises in the Yinfa economy. ② According to the “Report on the Development of China's Aging Industry”, by 2050, the consumption potential of China's elderly population will grow to about 106 trillion yuan, and its share of GDP will increase to 33%, making it the country with the greatest potential in the global aging industry market.
Electric scooters are going overseas rapidly, are there any domestic dramas? |Insights on going out to sea
The market prospects for electric scooters are getting wider.
Peak season performance falls short of expectations Chunfeng Motivation: there is some pressure on channel inventories in the US market|Direct performance will
① Thanks to strong overseas sales, Chunfeng Dynamics's performance continued to grow rapidly in the first half of this year, but the situation in the second half of the year took a sharp turn — this was the third quarter of the industry's peak season, but the company's performance fell short of expectations; ② The company said that international motorcycle revenue fluctuations were mainly affected by normal order cycle fluctuations. Four-wheel products were affected by fluctuations in the global economy, and there were some short-term fluctuations or declines. Medium- to long-term companies are still optimistic about the development of the power sports industry.