Silicone product price increase


Xin'an annual net profit doubled


Xinan Shares (600586) issued a pre-announcement announcement. The company expects net profit of 1.22 billion yuan to 1.3 billion yuan in 2018, an increase of 129% to 144% year-on-year; net profit after deduction is 1.219 billion yuan to 1.299 billion yuan, an increase of 522% to 563%. In the first three quarters of 2018, the price of silicones, the company's leading products, increased significantly compared with the same period of the previous year. The price of products in the fourth quarter tended to stabilize.


In fact, after six to seven years of overcapacity and low prices in the industry, the silicone industry finally ushered in a new boom in 2017. During this period, some excess capacity gradually withdrew, and the number of silicone monomer producers decreased from 15 in 2011 to only 12. As a result, the performance of Xin'an shares, which accounted for 84% of the silicone business, also experienced explosive growth. The net profit of the returning mothers in 2017 and the third quarter of 2018 increased by 586.87% and 403.19% respectively, an impressive increase. The data shows that the third quarter of 2018 has reached the peak of earnings in the past eight years. However, it is worth noting that in the fourth quarter of 2018, the price of silicones began to drop from the highest point.


Guotai Junan intends to dispose of Jia Yueting pledge shares


Or lead to its passive reduction of LeTV's over 30 million shares


LeTV (300104) issued another announcement, there are not many accidents, this time is not good news. Yesterday evening, it announced that on September 19, 2018, the company disclosed that Guotai Junan had a centralized bidding transaction through the judicial saleable frozen secondary market within 90 natural days from September 13, 2018, and disposed of Jiayueting's pledge of the underlying securities shares. As of the close of December 26, 2018, Guotai Junan had a total of 6,611,100 shares of LeTV.com due to the breach of contract by Jia Yueting.


On January 14, 2019, LeTV.com received a letter of notification from Guotai Junan. Guotai Junan intends to use the judicial saleable frozen secondary market centralized bidding transaction within 90 natural days from December 27, 2018 to dispose of the target securities pledged by Jia Yueting. Shares, the number of shares disposed of shall be subject to the final disposal result. Guotai Junan’s possible default disposal may result in Jia Yueting’s passive reduction of the company’s stock of 33,378,900 shares and its shareholding ratio decreased by 0.8367%.


Jia Yueting still holds a lot of LeTV shares in the hands? Statistics show that as of January 14, 2019, LeTV's controlling shareholder Jia Yueting holds 9625.90555 million shares of the company, accounting for 24.1285% of the total share capital, of which 8655.577 million shares Has been pledged, accounting for 21.6962% of the company's total share capital; 96,255,545,500 shares were frozen by the Beijing Third Intermediate People's Court and other judicial organs, the freezing time is three years from the date of freezing; the company shares held by them are all waiting for the freeze The waiting period for the freeze is 36 months. In addition, according to the information of the company, LeTV Holdings currently has more than 200 legal proceedings.


Yuanzu shares are going to be listed for sale in Taipei Real Estate


Buy 9-year evaluation value only increased by 10%