Today's focus

[Ningde Era: 2023 net profit forecast to increase 38% — 48% year on year]

Ningde Times released a performance forecast. The net profit for 2023 is expected to be 42.5 billion yuan to 45.5 billion yuan, an increase of 38.31% to 48.07% over the previous year. The new energy industry at home and abroad has maintained a relatively rapid growth rate, the power battery and energy storage industry market continues to grow, and the trend towards clean energy under the “dual carbon” target is clear. During the reporting period, the company's new technologies and products were launched one after another, overseas market expansion accelerated, customer partnerships were further deepened, and while production and sales grew rapidly, it also achieved good economic benefits. Small financial note: Q3 net profit of 10.428 billion yuan. Based on this calculation, Q4 net profit is expected to be 11.355 billion yuan to 14.355 billion yuan, an increase of 9%-38% over the previous month.

[Tianqi Lithium: Net profit pre-fell 62.9%-72.56% year on year in 2023]

Tianqi Lithium released a performance forecast. The net profit due to mother is expected to be 6.62 billion yuan to 8.95 billion yuan in 2023, a year-on-year decrease of 62.9%-72.56%. In 2023, due to fluctuations in the lithium chemical product market, the sales price of the company's lithium chemical products fell compared to the previous year, and the gross profit of lithium chemical products decreased; the increase in the sales price of lithium concentrate compared to the previous year led to an increase in the net profit of the company's holding subsidiary Windfield Holdings Pty Ltd., an increase in income tax expenses, and an increase in profit and loss for minority shareholders. Small financial note: Q3 net profit of 1,646 billion yuan. Based on this calculation, Q4 net profit is expected to be -1,478 million yuan - 852 million yuan.

[Muyuan Co., Ltd.: Net profit pre-loss of 3.9 billion yuan to 4.7 billion yuan in 2023]

Muyuan Co., Ltd. announced a performance forecast. It expects a net profit loss of 3.9 billion yuan to 4.7 billion yuan in 2023, and a profit of 13.266 billion yuan for the same period last year. There was a loss in the company's operating performance in 2023, mainly due to a sharp drop in pig prices during the reporting period compared to last year. At the same time, after performing impairment tests on expendable biological assets in accordance with the requirements of accounting standards, the company plans to calculate impairment preparations for some expendable biological assets. The specific data is subject to the audit results. Small financial note: Q3 net profit of 937 million yuan. Based on this calculation, Q4 is expected to have a net loss of 2,058 billion yuan to 2,858 billion yuan.

[Shenzhen China A: Expected net profit of 12 million yuan to 18 million yuan in 2023]

Shenzhen China A announced that it expects net profit of 12 million yuan to 18 million yuan in 2023, which will turn a loss into a profit. The main reasons for the change in performance were: in the fourth quarter of 2022, the company completed work related to the non-public offering of shares, raised capital of RMB 294 million to supplement working capital to develop operating business, and the increase in the company's revenue in 2023 compared to the previous year. Small financial note: Q3 net profit is 191,600 yuan. Based on this calculation, Q4 net profit is expected to be 6.9461 million yuan to 129.461 million yuan, an increase of 3525% to 6657% over the previous month.

[Haitong Securities: Plans to repurchase shares for 300 million yuan to 600 million yuan]

Haitong Securities announced that the company plans to repurchase shares to protect the company's value and shareholders' rights. The minimum limit of the total proposed repurchase capital is 300 million yuan, the upper limit is 600 million yuan, and the repurchase price is no more than 12.78 yuan/share. The company released a performance forecast on the same day. It is expected to achieve net profit of 918 million yuan to 1.01 billion yuan in 2023, a year-on-year decrease of 84.57% to 85.97%. Small financial note: Q3 net profit of $532 million. Based on this calculation, Q4 is expected to have a net loss of 3.444 billion yuan - 3.352 billion yuan.

[Trina Solar: Net profit is expected to increase by 43% to 58% year on year in 2023]

Tianhe Solar announced that net profit is expected to be 5.27 billion yuan to 5.83 billion yuan in 2023, an increase of 43.27% to 58.36% over the previous year; benefiting from the sharp increase in N-type advanced production capacity, the sales share of the company's TopCon module products has increased significantly, and sales of the company's high-power 210 series photovoltaic products have increased dramatically and been recognized by the market. Small financial note: Q3 net profit of 1,537 billion yuan. Based on this calculation, Q4 net profit is expected to be 193 million yuan to 753 million yuan, a decrease of 51%-87% over the previous month.

[Lansi Technology: Net profit forecast to increase 20% to 25% year-on-year in 2023]

Lansi Technology released a performance forecast. The net profit to be returned to the mother is expected to be 2,938 billion yuan to 3.06 billion yuan in 2023, an increase of 20% to 25% over the previous year. During the reporting period, while steadily carrying out forward-looking and basic research, the company accelerated the development of new technologies, new processes, and new materials, actively explored new fields, achieved a steady increase in the share of structural components, and achieved significant growth and mutual promotion in the smart terminal machine and components business. Small financial note: Q3 net profit of 1,095 million yuan. Based on this calculation, Q4 net profit is expected to be 1,289 million yuan to 1,411 billion yuan, an increase of 18%-29% over the previous month.

[Wanan Technology: Received a fixed-site development notice from a well-known domestic flying car company]

Wanan Technology announced that Anhui Wanan, a holding subsidiary, received a “Designated Development Notice” from a well-known domestic flying car company. Anhui Wanan was selected by the customer as a supplier of front subframe assembly products for a certain model, requiring Anhui Wanan to connect with its technical and quality departments to confirm drawings and data and sign a contract.

[Huaxia Happiness: Expected net loss of 6.1 billion yuan to 9 billion yuan in 2023]

Huaxia Happiness announced that it expects a net loss of 6.1 billion yuan to 9 billion yuan in 2023; since the fourth quarter of 2020, the company's liquidity has faced phased risks, the financing business has been greatly affected, and the normal development of the company's business has also been affected to a certain extent, leading to a loss in the company's performance.

[Ganfeng Lithium: Net profit is expected to drop 70%-80% year-on-year in 2023]

Ganfeng Lithium announced that net profit is expected to be 4.2 billion yuan to 6.2 billion yuan in 2023, a year-on-year decrease of 69.76%-79.52%; due to the cyclical impact of the lithium industry, the growth rate of terminal demand has slowed down, and the price of lithium salt products has dropped sharply. The decline in the price of lithium ore raw materials is less than that of lithium salt and downstream products, leading to a decline in the company's gross margin.

Investments & Contracts

[Daikin Heavy Industries: Plans to invest 1.2 billion yuan to build a 250MW photovoltaic project in Caofeidian, Tangshan, Hebei]

Daikin Heavy Industries announced that it plans to invest in the construction of a 250MW photovoltaic project in Caofeidian, Tangshan, Hebei, with a total investment of no more than RMB 1.2 billion.

[Guiguan Electric Power: Plans to invest in the construction of the Binyang Litang Project]

Guiguan Electric Power announced that the company plans to invest in the Binyang Litang project, with an installed capacity of 200 MW and a total project investment of about 1,306 million yuan; it plans to invest in the first phase of the Yanting project, with an installed capacity of 2.885 MW, and a total project investment of about 12 million yuan. The total investment of the project is about 1,318 billion yuan.

[Julun Intelligence: Signed a major contract of 574 million yuan]

Julun Intelligence announced that the company recently signed hydraulic vulcanizer sales contracts with 10 tire manufacturers, with a total contract amount of 574 million yuan. The contract amount signed this time accounted for 60.15% of the company's audited main business revenue in 2022. If the above contract is executed normally, it is expected to have a positive impact on the company's 2024 performance.

Changes in equity

[Overclocking 3: Proposed acquisition of 73% shares in the three-ton lithium industry for 11 million yuan]

Overclocking 3 announced that it is intended to acquire 73% of the shares of Jiangxi Santon Lithium Co., Ltd. held by related parties for a total of 11 million yuan. After the transaction is completed, Santon Lithium will become the company's holding subsidiary and included in the scope of the company's consolidated statements.

Increase/decrease holdings & repurchases

[Kangenbei: The controlling shareholder plans to increase the company's shares by 2%-4%]

Kangenbei announced that the controlling shareholder of the company, Zhejiang Traditional Chinese Medicine and Health Industry Group Co., Ltd. (hereinafter referred to as “Provincial Traditional Chinese Medicine and Health Industry Group”) plans to increase its holdings of the Company's shares through centralized bidding transactions at the Shanghai Stock Exchange. It plans to increase its holdings by no less than 2% or 4% of the company's current total share capital. The current increase plan does not set a price range.

[Xinquan Co., Ltd. plans to buy back shares for 80 million yuan to 120 million yuan]

Xinquan Co., Ltd. announced that it plans to repurchase shares for 80 million yuan to 120 million yuan. The share repurchase price is no more than 55 yuan/share.

[Aofei data: shares to be repurchased at 50 million yuan to 100 million yuan]

Aofei Data announced that the company plans to use centralized bidding transactions to repurchase the company's shares for equity incentive plans or employee stock ownership plans. The total capital for the repurchase of shares is not less than 50 million yuan and no more than 100 million yuan, and the share repurchase price is no more than 15.09 yuan/share.

[Haineng Industrial: Plans to repurchase shares for 80 million yuan to 100 million yuan]

Haineng Industrial announced that the company plans to repurchase shares for 80 million yuan to 100 million yuan and will sell them within the specified period. The repurchase price of the shares will not exceed 23 yuan/share.

Operation & Performance

[Wanxing Technology: 2023 net profit forecast to increase 81.8% — 142.39% year on year]

Wanxing Technology released a performance forecast. It expects net profit of 75 million yuan to 100 million yuan in 2023, an increase of 81.8% to 142.39% over the previous year. During the reporting period, the company achieved a rapid year-on-year increase in main business revenue, and net profit after deducting non-recurring profit and loss increased 636.06%-890.86% year-on-year.

[Maxvision Technology: Net profit forecast to increase 76.27% to 128.11% year-on-year in 2023]

Maxvision Technology released a performance forecast. It expects net profit of 170 million yuan to 220 million yuan in 2023, an increase of 76.27% to 128.11% over the previous year. In 2023, the company's project acceptance and revenue recognition gradually returned to a normal pace, and the repayment situation was greatly improved. At the same time, the company fully grasps the development opportunities of the industry, actively expands various businesses, and promotes the rapid growth of the company's business.

[Hi-tech Development: 2023 net profit forecast to increase 65.77% — 105.96% year on year]

Hi-Tech Development released a performance forecast. The net profit to be returned to the mother is expected to be 330 million yuan to 410 million yuan in 2023, an increase of 65.77% to 105.96% over the previous year.

[Shandong Gold: Net profit is expected to increase 60.53% to 100.66% year on year in 2023]

According to Shandong Gold's announcement, net profit is expected to be 2 billion yuan to 2.5 billion yuan in 2023, an increase of 60.53% to 100.66% over the same period last year. Gold sales prices are superior to the same period last year.

Contract & Project Bid Winning

[Tianshun Wind Energy: Subsidiary won 145 million yuan offshore wind farm project]

Tianshun Wind Energy announced that its wholly-owned subsidiary, Nantong Changfeng New Energy Equipment Technology Co., Ltd., won the bid for the Huaneng Lingao Offshore Wind Farm Project fan foundation and fan installation project (section 2) steel pipe pile processing contract project, with a total bid amount of 145 million yuan.

other

[Shenghua New Materials: The 100,000 tons/year liquid lithium salt project invested by Shenghua New Energy has entered the trial production stage]

Shenghua New Materials announced that recently, the 100,000 tons/year liquid lithium salt project equipment invested and built by Shenghua New Energy has been installed. It has passed the completion inspection and completed pre-trial production procedures and on-site confirmation work. The conditions for trial production are in place, and it has entered the trial production stage.

[China Resources Shuanghe: Wholly-owned subsidiary China Resources Secco Pharmaceutical Co., Ltd., received approval notice for sildenafil citrate tablets]

China Resources Shuanghe announced that its wholly-owned subsidiary China Resources Secco Pharmaceutical Co., Ltd. has obtained a notice of approval for sildenafil citrate tablets.

[Sinopharm Hyundai: The holding company obtained a veterinary drug business license]

Sinopharm Hyundai announced that the holding company Qinghai Biopharmaceutical Factory Co., Ltd. (hereinafter referred to as Sinopharm Qinghai Biology) received a “Veterinary Drug Business License” issued by the Qinghai Provincial Department of Agriculture and Rural Affairs. Sinopharm Qinghai Biotech is an enterprise specializing in the production of veterinary biological products and biotoxins. In 2022, it achieved operating income of 49.01 million yuan and net profit of 8.119 million yuan (audited).