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Shan Xi Hua Yang Group New Energy (600348.SH): is promoting the deployment of sodium electricity emergency power for high gas mines, and sodium electricity production is organized at full load.
On April 2nd, Gelonghui reported that Shan Xi Hua Yang Group New Energy (600348.SH) stated on the investor interaction platform that the company's sodium battery project currently has a production capacity of 1 GW, and is laying out an emergency power supply promotion for high gas content coal mines, with sodium battery production organized at full capacity. The photovoltaic module project is progressing in an orderly manner, successfully winning the bid for the Huaneng Group's framework agreement procurement project, becoming one of the winning bidders.
Shan Xi Hua Yang Group New Energy (600348.SH): plans to acquire 6.9% equity in Yangmei Financial Company held by Sanwei Huabang.
On April 1, Gelonghui reported that Shan Xi Hua Yang Group New Energy (600348.SH) announced that Sanwei Huabang intends to transfer its 6.9% stake in Yangmei Financial Company. As a former Shareholder of Yangmei Financial Company, Shan Xi Hua Yang Group New Energy plans to exercise its right of first refusal. The transferring party is Sanwei Huabang, the acquiring party is Shan Xi Hua Yang Group New Energy, and the symbol of the Trade is the 6.9% stake in Yangmei Financial Company. This Trade will involve the transferring party Sanwei Huabang hiring an evaluation company to assess the symbol equity, and the transfer price will be determined based on the results of the evaluation report filed with the provincial state-owned asset operation company; Sanwei Huabang will also appoint an accounting firm to assess the profits and losses during the transition period of the symbol equity.
Shan Xi Hua Yang Group New Energy (600348.SH): The company’s Sodium-ion Batteries production line is operating at full capacity.
On March 31, Gelonghui reported that Shan Xi Hua Yang Group New Energy (600348.SH) stated on the investor interaction platform that the production line for Sodium-ion Batteries is operating at full capacity, ensuring the deployment of emergency power supply products. The production of tens of thousands of tons of positive and negative materials will begin in 2025, and relevant updates will be announced by the company.
Shan Xi Hua Yang Group New Energy (600348.SH): This year, there is a plan to produce 2GW of photovoltaic products.
Ge Long Hui reported on February 13 that Shan Xi Hua Yang Group New Energy (600348.SH) stated on the investor interaction platform that the company's photovoltaic products did not incur losses in 2024, achieving a break-even point. According to the company's unified plan, the production goal for photovoltaic products this year is 2GW.
Shanxi Huayang Group Xinneng Co., Ltd. 2024 annual results forecast
Shan Xi Hua Yang Group New Energy (600348.SH): Expected net profit decrease of 58.83% to 51.49% in 2024.
On January 17, Glonghui announced that Shan Xi Hua Yang Group New Energy (600348.SH) released its annual performance forecast for 2024, expecting a Net income attributable to shareholders of the listed company to be between 2.133 billion yuan to 2.513 billion yuan, representing a year-on-year decline of 58.83% to 51.49%. It is anticipated that the Net income attributable to shareholders of the listed company, after excluding non-recurring gains and losses, will be between 2.043 billion yuan to 2.423 billion yuan, which is a year-on-year decline of 59.82% to 52.34%. During the reporting period, the company’s main Coal products production and sales were affected by safety production supervision in coal mines and a slowdown in market demand for Coal.