According to the Intelligence Finance App, Flat Glass (06865) rose more than 5%, and as of press time, it rose by 5.15%, reporting HKD 14.02, with a turnover of HKD 39.5615 million.

On the news front, Flat Glass announced the repurchase of 869,500 shares of A shares with a value of RMB 19.866 million on June 18, 2024.

According to Haitong Securities' research report, Flat Glass' performance in Q4 2023 and Q1 2024 has been good, and operating cash flow continues to improve. The rapid growth of photovoltaic installations, the proportion of double-glass components has increased, and the demand for photovoltaic glass has been guaranteed. In addition, the company's production capacity is expanding in an orderly manner, and the large kiln furnace and self-supply of raw materials bring sustained competitive advantages. It is believed that in the fierce competition in the photovoltaic glass industry, Flat Glass' cost advantage is still the first key to future success.