Benign Growth For Shenzhen Deren Electronic Co., Ltd. (SZSE:002055) Underpins Its Share Price

Simply Wall StJul 23 19:17 ET

In the first half of 2024, Shenzhen Deren Electronic (002055.SZ) further expanded the scale of their connector business, with related business revenue increasing by more than 20% year-on-year.

On July 12th, Glorun Hui reported that during the first half of 2024, Shenzhen Deren Electronic (002055.SZ) will further expand its connector business, with related business revenues increasing by more than 20% year-on-year while maintaining a good level of profitability. The company's high-speed connector products are mainly used in fields such as computers and servers, providing product support services to many well-known domestic and foreign customers. In recent years, the scale of business revenue has achieved considerable growth, demonstrating excellent growth and profitability capabilities.

Gelonghui FinanceJul 12 07:22 ET

Shenzhen Deren Electronic (002055.SZ) products cover the consumer electronics and automotive fields.

On July 12th, GeLonghui reported that Shenzhen Deren Electronics (002055.SZ) expressed on the investor interactive platform that the company's main business is research, development, manufacturing, and sales of electronic connectors and precision components. The company's products cover the consumer electronics sector (mainly including home appliance connectors and wire harnesses, computer connectors, led and optoelectronics connectors, communication connectors, etc.) and the automotive sector (mainly including automotive connectors and wire harnesses, new energy vehicle car power management modules, automotive electronics, and so on). According to the company's 2023 annual report, the company's three major business sectors are home appliances and consumer electronics business, automotive electrical system business, and automotive electronics and new energy vehicle business.

Gelonghui FinanceJul 12 07:18 ET

Shenzhen Deren Electronic: 2024 Interim Performance Forecast

Sensex a shareJul 9 12:00 ET · Announcements

Shenzhen Deren Electronic (002055.SZ) is currently focused on developing high-speed transmission connectors and other business.

On July 8th, Gelonhui reports that an investor asked Deren Electronics (002055.SZ) on an interactive platform whether the company has related technologies for road cloud for cars. The company responded that the current focus is on developing high-speed transmission connectors and other related businesses, and the company will closely monitor market demand and technological development trends, and actively promote the application of company products in relevant fields.

Gelonghui FinanceJul 8 05:53 ET

Shenzhen Deren Electronic (002055.SZ): Currently no risk of delisting has been reached.

On July 8th, Gelonhui reported that Shenzhen Deren Electronic (002055.SZ) stated on the investor interactive platform that the company has not yet reached the risk of delisting. The company's operating performance in 2023 has improved, and the overall gross profit level has been improved, and the loss has narrowed compared with the previous year. The company will continue to focus on the development of key business modules, while strengthening internal management, continuously integrating and optimizing the company's assets, and further promoting the improvement of the company's operating performance.

Gelonghui FinanceJul 8 05:46 ET