Industry dynamics! Bailong Chuangyuan, Keyuan Pharmaceutical, Foton Motor and other companies released important news
Paragon Chuangyuan results update: net profit in 2023 increased by 27% year-on-year97%】。
Barong Chuangyuan released the 2023 annual performance report, and the company achieved a total operating income of 86.8 billion yuan, an increase of 20 over the previous year28%；Net profit 19.3 billion yuan, an increase of 27 over the previous year97%。The main reason is that the growth of domestic and foreign customer demand has led to the increase in the sales of the company's products; April 2023, the company"Annual output of 20,000 tons of functional sugar drying project"Production was put into operation, freeing up production capacity to drive sales and revenue.
Hengrui Pharmaceutical: Subsidiary Receives Notice of Approval for Clinical Drug Trial].
Hengrui Pharmaceutical announced that its subsidiaries, Shanghai Shengdi Pharmaceutical*** and Suzhou Shengdia Biopharmaceutical***, have received approval notices for clinical trials of adebenoxab for injection and SHR-A1811 for injection.
Keyuan Pharmaceutical: Investment 7200 million yuan of intelligent manufacturing project of high-quality specialty drug intermediates and active pharmaceutical ingredients
Keyuan Pharmaceutical announced that it plans to invest in the construction of a high-quality API and special intermediates intelligent manufacturing project (Phase II project). After the second phase of the project is put into operation, the planned production capacity is metformin hydrochloride API 240,000 tons per year, the total investment of the project is expected to be about 7200 million yuan.
Foton Motor: Won 10.4 billion yuan of state subsidies to promote new energy vehicles
Foton Motor announced that the company recently received 10.4 billion yuan, which is the subsidy fund for the promotion and application of new energy vehicles in 2021-2022. The new energy vehicle promotion subsidy received this time will not affect the current profit, and will directly reduce the company's new energy subsidy receivable, which will have a positive impact on the company's cash flow and reduce capital occupation.
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