Jingjin Equipment Inc.: Main product prices decline, resulting in a 16% reduction in net income for 2024 | Interpretations
① Jingjin Equipment Inc.'s main products saw a price decrease of about 10% last year, affecting revenue and gross profit, resulting in a significant year-on-year decline in Net income; ② The company stated that in 2024, due to a slowdown in equipment demand from NENGYUANHANGYE clients, Other industries also lack substantial order increments, intensifying competition in the filter press market, leading the company to proactively lower sales prices. Currently, the turning point in the industry remains unclear.
The market continues to rebound with reduced volume, continuously monitoring the rotational opportunities between the CSI Consumer 360 index and self-control.
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Brokerage morning meeting highlights: Countermeasures against tariffs boost Shenzhen Agricultural Products Group prices, the planting chain directly benefits.
At today's Brokerage morning meeting, CITIC SEC believes that countermeasures against tariffs boost the prices of Shenzhen Agricultural Products Group, which directly benefits the planting chain; HAITONG SEC proposed a bullish view on the relative yields of the Banks Sector in April; Galaxy Securities stated that it focuses on Gold and countermeasures against rare earths.
After a continuous reduction in volume, short-term sentiment has reached a freezing point. Can the recovery of AI computing power lead to a market rebound?
Although the market experienced some degree of recovery yesterday afternoon, the rebound strength remains relatively weak, and the short-term trend continues to show a weak adjustment structure.
[Market Data] The trading volume of multiple GFNZ100 has surged as leading capital speculates on Hang Zhou Iron & Steel.
① The trading volume of multiple GFNZ100 has surged, among which the Chinaamc NASDAQ 100 ETF(QDII) saw a 387% increase compared to the previous trading day. ② The limit-up computing concept stock Hang Zhou Iron & Steel was purchased by a leading speculative fund seat while also facing sells from two leading speculative fund seats.
China National Chemical Engineering and Physical Power Supply Industry Association: From January to February, China's lithium-ion Battery export value reached 9.722 billion USD, an increase of 11.4% year-on-year.
In January and February 2025, the number of lithium-ion Battery exports from China was 0.635 billion units, a year-on-year increase of 12.9%; in the same period, the export value of lithium-ion Batteries was 9.722 billion dollars, a year-on-year increase of 11.4%, indicating a good overall export situation.