Securities Daily｜Leading SSE-listed Companies Show Positive Signals and Demonstrate Strong Momentum in Their Outlook for the New Year

Edited and Translated from Securities Daily

At the beginning of the New Year, listed companies are actively bidding farewell to the old year and welcoming the new on their respective platforms, with several leading SSE-listed companies unveiling their latest plans.

New milestones and projects continue to emerge. Metallurgical Corporation of China Ltd. has achieved new milestones on several projects. The Jieshou Futong Homeland project undertaken by Shanghai Baoye has been successfully delivered, and the Huaizhou New City Education Industrial Park project by China MCC22 Group Corporation Ltd. has been completed. Shanghai Rongtai Health Technology Corporation Limited has commenced the construction of its Thailand Intelligent Industrial Park. Meanwhile, Sichuan Road & Bridge Group Co., Ltd.'s railway construction subsidiary, along with other companies, has secured the contract for the dedicated railway line project at the Logistics Industrial Park in Dazhou Puguang Economic Development Zone. China Duty Free Group Co., Ltd. hosted a year-end gala in Hainan province from November 21, 2024, to January 6, 2025. During the peak period from December 27 to 31, 2024, the sales revenue in the Hainan region reached 1.14 billion yuan, marking a 15% increase year-on-year, with over 80,000 purchasers involved. Driven by the "three-wheel drive" system of "industry, capital, and technology," Tianneng Battery Group Co., Ltd. has strategically fortified and enhanced the power battery industry chain. Micro-Tech (Nanjing) Co., Ltd. has been actively recruiting top talent. A leader from the company stated their plan to increase investment in breakthrough innovations and engage in in-depth collaborations with leading experts.

New technologies and production lines have been upgraded. On January 3, Whirlpool China Co., Ltd. completed the upgrade of its Phase II refrigerator production lines, enhancing its automation and production capacity. Wanhua Chemical Group Co., Ltd. has launched the Wanhua Intelligent Material Assistant, an intelligent Q&A system powered by large material models. Galaxycore Inc. is deeply engaged in the fields of CMOS image sensors and display driver chips, pioneering high-resolution single-chip integration techniques. Focusing on groundbreaking innovations in the immunity and metabolism sectors, Xiamen Amoytop Biotech Co., Ltd. has successfully launched five biological products. Ninebot Limited enhances its product portfolio through technological innovation. Huaqin Technology Co., Ltd. has inaugurated its R&D headquarters in Shanghai, establishing a well-structured global presence with a 1+5+5 strategic layout.

The outlook for the New Year shows positive signals. CMOC Group Limited is projected to achieve its best-ever operational performance in 2024. The company is also embarking on an expansion plan to reach its 2028 copper production capacity target in the upcoming year. Shanying International Holdings Co., Ltd. plans to lower its asset-liability ratio, enhance operational efficiency, and fulfill its social responsibilities in 2025. SDIC Power Holdings Co., Ltd. has unveiled a "Corporate Value and Return Enhancement" Action Plan, pledging a minimal cash dividend ratio of 55% during the period from 2024 to 2026. Baimtec Material Co., Ltd. has entered into the 2025-2030 framework agreement with international clients, with an estimated contract value of approximately 2.1 billion yuan. The company is launching new material development projects.

Excerpted from Securities Daily on January 4, 2025

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