Shanghai Stock Exchange

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Wednesday, April 10, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

Sinopec Shanghai Petrochemical Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934

Retrieved on: 
Wednesday, April 10, 2024

Sinopec Shanghai Petrochemical Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934

Key Points: 
  • Sinopec Shanghai Petrochemical Company Limited Intends to Deregister and Terminate Its Reporting Obligations Under the U.S. Securities Exchange Act of 1934
    SHANGHAI, CHINA / EQS NEWSWIRE / March 15, 2024 – Sinopec Shanghai Petrochemical Company Limited (the “Company”) (HKEX:00338)(SSE:600688) announced today that the Company intends to deregister with the United States Securities and Exchange Commission (the “SEC”) and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).
  • Thereafter, all of the Company’s reporting obligations under the Exchange Act will be suspended unless the Form 15F is withdrawn or denied.
  • Deregistration and termination of the Company’s reporting obligations under the Exchange Act are expected to become effective 90 days after its filing of Form 15F.
  • This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

DeepGlint Igniting AI Aspirations amongst Malaysian New Generation

Retrieved on: 
Monday, March 25, 2024

DeepGlint, a frontrunner in AI, computer vision, and big data analysis, showcased the Group's innovative solutions across various domains, including the metaverse, intelligent sports, and traffic management.

Key Points: 
  • DeepGlint, a frontrunner in AI, computer vision, and big data analysis, showcased the Group's innovative solutions across various domains, including the metaverse, intelligent sports, and traffic management.
  • The event marked a significant step towards strengthening Malaysia's foothold in the global AI landscape, aligning with Malaysia's vision for greater talent exchange with China.
  • In a pivotal move, DeepGlint also announced the cooperation with a Malaysian AI company, DeepCore Sdn.
  • Mr. Zhao Yong, Founder and Chief Executive Officer of DeepGlint said, "We are pleased to see so many talents in Malaysia.

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Friday, March 29, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

SolaX Power Becomes Partner of Borussia Dortmund

Retrieved on: 
Thursday, March 21, 2024

HANGZHOU, China, March 21, 2024 /PRNewswire/ -- On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany.

Key Points: 
  • HANGZHOU, China, March 21, 2024 /PRNewswire/ -- On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany.
  • Borussia Dortmund, renowned as one of Germany and Europe's premier football clubs, boasts a rich history and an extensive fan base.
  • In Germany particularly, SolaX Power enjoys a stellar reputation and holds a prominent position in the industry.
  • Through the partnership with Borussia Dortmund, SolaX Power aims to leverage the universal appeal of football to amplify its brand's international presence and promote the ethos of green and sustainable living.

SolaX Power Becomes Partner of Borussia Dortmund

Retrieved on: 
Thursday, March 21, 2024

HANGZHOU, China, March 21, 2024 /PRNewswire/ -- On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany.

Key Points: 
  • HANGZHOU, China, March 21, 2024 /PRNewswire/ -- On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany.
  • Borussia Dortmund, renowned as one of Germany and Europe's premier football clubs, boasts a rich history and an extensive fan base.
  • In Germany particularly, SolaX Power enjoys a stellar reputation and holds a prominent position in the industry.
  • Through the partnership with Borussia Dortmund, SolaX Power aims to leverage the universal appeal of football to amplify its brand's international presence and promote the ethos of green and sustainable living.

SolaX Power Becomes Partner of Borussia Dortmund

Retrieved on: 
Tuesday, March 19, 2024

HANGZHOU, China, March 19, 2024 /PRNewswire/ -- On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany.

Key Points: 
  • HANGZHOU, China, March 19, 2024 /PRNewswire/ -- On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany.
  • Borussia Dortmund, renowned as one of Germany and Europe's premier football clubs, boasts a rich history and an extensive fan base.
  • Through the partnership with Borussia Dortmund, SolaX Power aims to leverage the universal appeal of football to amplify its brand's international presence and promote the ethos of green and sustainable living.
  • SolaX Power eagerly anticipates the opportunity to collaborate with Borussia Dortmund, embarking on a new chapter of progress in both sustainable development and sports.

GoodWe Officially Announces Opening of Manufacturing Facility in Vietnam

Retrieved on: 
Thursday, March 14, 2024

HAI PHONG, Vietnam, March 14, 2024 /PRNewswire/ -- GoodWe, a leading player in the solar energy industry, has officially commenced operations at its manufacturing plant in Vietnam.

Key Points: 
  • HAI PHONG, Vietnam, March 14, 2024 /PRNewswire/ -- GoodWe, a leading player in the solar energy industry, has officially commenced operations at its manufacturing plant in Vietnam.
  • Representing a global milestone, the new facility marks the third in the company's manufacturing network.
  • Michael Mendik, Country Manager of GoodWe USA & Canada, expressed his enthusiasm for the factory's readiness.
  • The factory, drawing upon over a decade of GoodWe's inverter manufacturing expertise, has fully integrated advanced inverter manufacturing technology and implemented rigorous quality control systems.

ACM Research Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Total shipments in the fourth quarter of 2023 were $140 million, versus $197 million in the fourth quarter of 2022.

Key Points: 
  • Total shipments in the fourth quarter of 2023 were $140 million, versus $197 million in the fourth quarter of 2022.
  • ACM announced that its SAPS cleaning tool has been qualified for revenue from a large US manufacturer in the fourth quarter of 2023.
  • Unless otherwise noted, the following figures refer to the fourth quarter of 2023 and comparisons are with the fourth quarter of 2022.
  • ACM also believes it is in the best interests of investors for ACM to provide this non-GAAP information.

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

Revenue for the fourth quarter of 2023 was $20.4 million, compared with $17.4 million in the third quarter of 2023 and $26.8 million for the fourth quarter of 2022.

Key Points: 
  • Revenue for the fourth quarter of 2023 was $20.4 million, compared with $17.4 million in the third quarter of 2023 and $26.8 million for the fourth quarter of 2022.
  • GAAP gross margin was 22.6 percent of revenue for the fourth quarter of 2023, compared with 10.7 percent of revenue in the third quarter of 2023 and 32.1 percent for the fourth quarter of 2022.
  • This compares with $8.6 million in the third quarter of 2023 and $9.6 million for the fourth quarter of 2022.
  • Fiscal Year 2023 Results (January 1 to December 31, 2023)
    Revenue for fiscal year 2023 was $75.8 million, compared with $141.1 million in fiscal year 2022.