Gelonghui October 14th | Qifeng New Material (002521.SZ) once hit the limit during the trading day, now trading at 10.38 yuan, with a narrowed decline of 5.4%, total market value of 5.13 billion yuan. The company announced last Friday after the market closed that the net income attributable to the mother in the first three quarters of 2024 was 0.106 billion yuan, a year-on-year decrease of 32.38%; of which the net income attributable to the mother in the third quarter was -0.003 billion yuan, turning from profit to loss both quarter-on-quarter and year-on-year. Operating cash flow decreased by 50.31% year-on-year. It is worth noting that the net income attributable to the mother in the first half of the year has already reached 0.109 billion yuan, with a year-on-year increase of 127.35%, showing a significant profit recovery. However, entering the traditional peak season of Q3, the market suddenly turned sharply downward, with a loss of about 2.61 million yuan for the quarter, severely dragging down the company's performance in the third quarter. (Gelonghui)