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Baota Industry (000595.SZ): Planning to acquire significant restructuring related to new energy fund of China Guodian Corporation. Trading will be suspended starting from July 19th.
Baota Industry (000595.SZ) announced that the company is planning to acquire through significant asset restructuring and share issuance...
Baota Industry (000595.SZ): Director Li Changsheng resigns.
On July 17th, Ge Long Hui reported that Baota Industry (000595.SZ) announced that its board of directors received the written resignation reports from Mr. Li Changsheng, the non-independent director and chairman of the board, and Mr. Li Xiuyong, the non-independent director, on July 17, 2024. Due to work adjustments, Mr. Li Changsheng applied to resign from the 10th board of directors, chairman of the board, and convener of the Strategic Committee and Nomination Committee of the company. Mr. Li Xiuyong also applied to resign as a director of the 10th board of directors. After their resignation, Mr. Li Changsheng and Mr. Li Xiuyong will no longer hold any positions in the company.
Baota Industry: 2024 Interim Performance Forecast
Baota Industry (000595.SZ): expects a pre-tax loss of 26 million to 33 million yuan in the first half of the year.
Baota Industry (000595.SZ) announced its performance forecast for the first half of 2024. The net income attributable to shareholders of the listed company is expected to be a loss of 26-33 million yuan, compared with a loss of 30.9046 million yuan in the same period last year. The net income after deducting non-recurring gains and losses is expected to be a loss of 29-36 million yuan, compared with a loss of 33.1496 million yuan in the same period last year. The basic earnings per share are expected to be a loss of 0.02-0.03 yuan/share. The revenue is expected to be 118-125 million yuan, and the revenue after deduction is expected to be 112 million yuan–1.
Despite Shrinking by CN¥581m in the Past Week, Baota Industry (SZSE:000595) Shareholders Are Still up 50% Over 3 Years
While Baota Industry Co., Ltd. (SZSE:000595) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 19% in the last quarter. Bu
Baota Industrial (000595.SZ): Main business revenue mainly comes from bearing business
Gelonghui, May 17 | Baota Industrial (000595.SZ) said on the investor interactive platform that the company's main business is the production and sale of bearings and marine electrical appliances. The main business revenue mainly comes from the bearing business. The products are mainly used in petroleum machinery, metallurgical rolling mills, heavy-duty vehicles, rail transit, railway trucks, etc. Marine electrical products are mainly used on large ships.
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