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Are Strong Financial Prospects The Force That Is Driving The Momentum In Zhejiang Yinlun Machinery Co.,Ltd.'s SZSE:002126) Stock?
Zhejiang Yinlun Machinery (002126.SZ): Intends to increase capital to Shanghai Yinlun by 0.12 billion yuan for the establishment of a wholly-owned subsidiary overseas.
Gelonghui, November 14th丨zhejiang yinlun machinery (002126.SZ) announced that to expand the ASEAN market and meet customers' global localized supply requirements, the company intends to use its own funds to increase investment in shanghai yinlun by 120 million yuan, primarily for the establishment of a wholly-owned subsidiary overseas. The company will use its own funds to increase investment in shanghai yinlun by 120 million yuan, mainly for the construction of the production base of the wholly-owned subsidiary MewahThermatek(M)Sdn.Bhd planned to be established in Malaysia. This investment is part of the first phase of the investment project, mainly for
Silver Wheel Co., Ltd.: Report for the third quarter of 2024
Zhejiang Yinlun Machinery (002126.SZ): net income of 0.604 billion yuan in the first three quarters, a year-on-year increase of 36.20%.
Gelonghui October 29th | Zhejiang Yinlun Machinery (002126.SZ) released the third quarter report for the year 2024, with the company achieving revenue of 9.205 billion yuan in the first three quarters, a 15.18% year-on-year increase; net income attributable to shareholders of the listed company was 0.604 billion yuan, a 36.20% year-on-year increase; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.549 billion yuan, a 32.78% year-on-year increase; basic earnings per share were 0.74 yuan.
A Look At The Fair Value Of Zhejiang Yinlun Machinery Co.,Ltd. (SZSE:002126)
zhejiang yinlun machinery (002126.SZ): Completed repurchase, accumulated repurchased 6.0742 million shares.
On October 18th, Zhejiang Yinlun Machinery (002126.SZ) announced that, as of the disclosure date, the company has repurchased a total of 6.074252 million shares through the share repurchase special securities account in a centralized bidding manner, accounting for 0.7293% of the company's current total share capital. The highest fill price was 19.90 yuan/share, the lowest fill price was 13.95 yuan/share, with a total amount used of 99,998,893.76 yuan (including transaction fees). The repurchase has been completed.
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