Swancor Advanced Materials (SH:688585) Zhong Guo Ji Jin Bao·2025-07-15 05:19Market Overview - The A-share market showed mixed performance on July 15, with the Shanghai Composite Index declining by 0.93% to 3486.88 points, while the ChiNext Index rose by 0.64% [2] - The total market turnover reached 1.1 trillion yuan, indicating a significant increase compared to the previous day [5] Sector Performance - The coal and power sectors experienced notable declines, with major companies like Dayou Energy and Shaanxi Black Cat seeing significant drops of 8.61% and 7.08% respectively [8][9] - The power sector also faced losses, with Huayin Power and Huaneng International dropping by 9.60% and 9.58% respectively [9] Notable Stocks - On the contrary, Upwind New Materials achieved a 20.01% increase, marking its fifth consecutive trading day of gains, closing at 19.37 yuan per share [19][22] - The stock has been highlighted as one of the "doubling stocks" for the month, following an announcement of a significant share acquisition by Zhiyuan Robotics [22] Earnings Forecasts - Several companies reported poor earnings forecasts, leading to multiple stocks hitting their daily limit down. For instance, Ando麦A projected a net loss of 108 million to 54 million yuan for the first half of 2025 [11] - Other companies like Tongding Interconnection and Xingmin Zhitong also faced significant losses, with expected net losses of 80 million to 100 million yuan and 170 million to 250 million yuan respectively [14][17] Regulatory and Industry Insights - The China Coal Transportation and Marketing Association emphasized the need for coal companies to recognize the severe imbalance in supply and demand, urging adherence to long-term contracts and improved management practices [11]