Zhejiang Shibao Company Limited Goes Ex Dividend Monday

Seeking Alpha00:03

Cui Dongshu: In the first half of the year, imports of autos decreased by 4% year-on-year to 0.332 million units.

Cui Dongshu, Secretary-General of the China Association of Automobile Manufacturers, stated that the import volume of cars to China has continued to decrease at an average annual rate of about 8% since 2017, with only 0.8 million units expected to be imported by 2023.

Zhitong FinanceJul 26 13:42

Double-edged sword! In the first half of the year, domestic photovoltaic installations increased by 30%, but the amount increased while the price decreased and it continues.

In the first half of the year, domestic photovoltaic installations increased by 30%, but the oversold price has put pressure on manufacturing companies' operations; Industry adjustments should be timely and robust. Experts suggest promoting the elimination of backward production capacity, and encouraging corporate mergers and restructuring.

cls.cnJul 25 20:31

LG Energy's second-quarter profits plummeted 58%, and the forecast for electric car demand for the entire year will soften.

①South Korean battery giant LG Energy Solutions (LGES) announced a 58% year-on-year drop in profits for the second quarter; ②It is predicted that the growth of the global electric vehicle market this year will slow down from last year's 36% to slightly higher than 20%, especially in the United States and Europe; ③Based on this, LG Energy expects its sales in 2024 to decline by more than 20% year-on-year, and will also slow down capacity expansion in the second half of the year.

cls.cnJul 25 11:20

The trend of integrated photovoltaic energy storage is certain, and the proportion of newly added installed capacity in the commercial and industrial distributed sector is expected to continue to increase. | Industry observation

The new energy industry has become a popular investment field, with various capital competing to enter the distributed comprehensive energy development sector. Baobee new energy has accumulated about 1.5 billion yuan in financing. Industry insiders predict that in the next six to seven years, distributed photovoltaics for industrial and commercial use are expected to achieve an average annual growth of 50 to 70 GW. It is believed that nearby consumption is the best way out for distributed energy, and currently, the under-construction projects of industrial and commercial photovoltaics have basically achieved matching storage.

cls.cnJul 24 09:32

Cui Dongshu: In the first half of the year, the penetration rate of new energy commercial vehicles reached 16% in the commercial vehicle market. In June, new energy light commercial vehicles showed relatively strong market performance.

Cui Dongshu, Secretary-General of the China Passenger Car Association, stated in a post that according to insurance data from the National Financial Supervisory Authority, the export market for commercial vehicles has seen explosive growth in recent years, while the domestic commercial vehicle market has experienced strong growth before 2021 and has recently entered a low-growth phase.

Zhitong FinanceJul 23 21:40