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CHINA ORIENTAL: ANNUAL REPORT 2024
CHINA ORIENTAL (00581): Qingdao Huijintong Power Equipment's net income for the first quarter was 14.9536 million yuan, an increase of 2.32% year-on-year.
CHINA ORIENTAL (00581) announced that its subsidiary Qingdao Huijintong Power Equipment has...
CHINA ORIENTAL: UNAUDITED CONSOLIDATED FINANCIAL RESULTS OF QINGDAO HUIJINTONG POWER EQUIPMENT CO., LTD.* FOR THETHREE MONTHS ENDED 31 MARCH 2025
[Brokerage Focus] CITIC SEC expects 2025 to be a turning point year for China's Steel Industry, maintaining the industry's "outperforming the market" rating.
Jinwu Financial News | CITIC SEC estimates that 2025 will be a turning point year for the Steel Industry in China. The first quarter of 2025 is expected to become a long-term performance turning point for the Steel Industry. The bank states that supply-side reform is an important policy guarantee after the Steel Industry enters a reduction phase. The Steel Industry is a typical overcapacity industry, and due to the large scale of steel production in China, the difficulty of further integration has increased after ten years of consolidation following 2015. 'Promoting integration and restructuring, and pushing the exit of backward and inefficient capacity' is a pressing task for the Steel Industry. To achieve such results, supply-side reform is imperative. The Steel Industry is expected to enter
China Galaxy Securities: Medium to long-term conflicts in Steel supply and demand are intensifying, accelerating the supply-side reform in the Steel Industry.
Short-term imported iron ore may run weakly, potentially leading to a reduction in raw material costs, which is Bullish for domestic Steel companies. In the medium to long term, mainstream mines may also adjust their supply strategy under the changing landscape, increasing uncertainty in iron ore prices.
Latest assessment from Citigroup on the Steel Industry: Under the "pressure test" of tariffs, why have these two steel companies become the "first choice"?
Citi released the latest assessment report on the Steel Industry.
