Two consecutive declines in performance! Last year's total profit completion rate was less than 50%. China Northern Rare Earth's operational goals continue to be adjusted downward this year | Interpretations
①Due to the continued decline in rare earth product prices, China Northern Rare Earth's revenue and net profit are expected to further decrease in 2024; ② Last year, China Northern Rare Earth and its subsidiaries collectively recorded an asset impairment provision of 0.44 billion yuan, including a provision for inventory decline of 0.291 billion yuan; ③ The production and operation target for China Northern Rare Earth in 2025 is to achieve revenue of over 37.217 billion yuan and total profit of over 2.82 billion yuan.
Zhongnongfa Seed Industry Group: Last year's net profit decreased by more than 60% year-on-year. Can increased focus on the Transgenic sector lead to a turnaround? | Interpretations
① The net income of the agricultural seed industry has declined for two consecutive years, with an increasing trend in the decline; ② The company's operating expenses have risen to varying degrees in 2024; ③ The company recently stated, "We are accelerating the research and development of transgenic corn and soybean varieties, currently the corn variety Pan Yu 298D is expected to pass the preliminary review stage of the national examination."
Hangzhou Hikvision Digital Technology's Q1 revenue grew by 4.01% year-on-year, and net income increased by 6.41% | Earnings Reports insights.
In Q1, Hangzhou Hikvision Digital Technology achieved a revenue of 18.532 billion yuan, an increase of 4.01% year-on-year; the net income attributable to the parent company was 2.039 billion yuan, a year-on-year increase of 6.41%. The company's operating cash flow has significantly improved, with a net outflow of 1.737 billion yuan, a year-on-year contraction of 56.19%.
AVIC Industry-Finance Holdings officially announced that it has been "entrusted" under management, with CCB and Guotou Taikang entering the scene. AVIC Industry-Finance has just initiated the active (Delisted) process.
① Sources revealed to reporters that personnel from the custodial unit are now in place, but the specific division of responsibilities is not yet clear. ② Previously, on April 14, AVIC Industry-Finance Holdings (600705.SH) announced that the voluntary delisting matter was approved by the shareholders' meeting.
Exciting events continue! The eighth session of the Shanghai Lujiazui Finance & Trade Zone Development Financial Salon focuses on Gold investment and pricing under the Global landscape.
① The Shanghai Lujiazui Finance Salon series of events is guided by the Financial Office of the Shanghai Municipal Committee and the People's Government of Pudong New Area, and hosted by the Shanghai Lujiazui Finance Salon Secretariat. ② This event will discuss: how to optimize the layout of Gold investment products? How to improve the domestic Gold market investment ecology and enhance the pricing power of the RMB in Gold?
Six departments issued a document to promote the cross-border flow of data in the financial industry, which may lead to improvements in data security demand.
① The central bank and five other departments jointly issued the "Guidelines for Promoting and Regulating the Compliance of Cross-Border Data Flow in the Financial Industry," requiring Financial Institutions to take necessary data security protection management and technical measures to effectively ensure data security. ② CITIC SEC pointed out that the importance of data security will continue to grow, leading to an improvement in the demand for the cybersecurity industry.