Core Viewpoint - 中船应急 is actively participating in large-scale hydropower projects, which has led to a significant increase in its stock price and positive financial outlook for 2024 [1][2]. Group 1: Company Developments - 中船应急's stock price surged over 10% following news of its involvement in major hydropower projects, including the potential participation in the Yarlung Tsangpo River downstream hydropower base construction [1]. - The company has established a leadership group for the development of the Yarlung Tsangpo downstream hydropower station and is planning to build mobile storage facilities for explosives in the Tibet region [1]. - 中船应急 has a long-term stable partnership with infrastructure companies like 中铁 and 中交, which is expected to strengthen further [1]. Group 2: Financial Performance - 中船应急's total revenue is projected to increase from 603 million yuan in 2023 to 1.161 billion yuan in 2024, while the net profit is expected to improve from a loss of 217 million yuan to a profit of 8.6413 million yuan [2]. - The company is focusing on its core business and aims to enhance market share by developing better solutions and products for disaster rescue and emergency response [2]. Group 3: Convertible Bonds - 中船应急's board approved the early redemption of its convertible bonds due to the stock price meeting the conditions for redemption, with a redemption price of 100.77 yuan per bond [3]. - The company issued 8.19 billion yuan worth of convertible bonds in April 2020, which are set to mature in 2026 [3].
超级工程订单预期升温,中船应急提前赎回可转债