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Ningbo Donly's Unit Renews Leasing Deal With Parent's Subsidiary for 8.8 Million Yuan
Ningbo Donly (002164.SZ): Renewing the factory rental contract.
On December 18, Glonghui reported that Ningbo Donly (002164.SZ) announced that due to the needs of production and operation, its wholly-owned subsidiary Ningbo Donly Transmission Equipment Co., Ltd. plans to sign a "Factory Lease Contract" with Ningbo Donly Heavy Machinery Co., Ltd. (referred to as "Heavy Machinery"). The associated trade symbol is the factories and office building of Heavy Machinery located at No. 188 Binhai Fourth Road, Ningbo Hangzhou Bay New Area. This associated trade is based on the company's business development and production operation needs, and the rental of Heavy Machinery's factory in 2024 will meet the company's production operation requirements.
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ningbo donly(002164.SZ): Planetary gear reducers can be widely used in the industrial automation field, including automated assembly lines and conveyor systems.
On September 24, Gelonghui reported that ningbo donly (002164.SZ) stated on the investor interaction platform that the company's planetary decelerators can be widely used in the industrial automation field, including automated assembly lines and conveyor systems, etc.
Ningbo Donly Co.,Ltd's (SZSE:002164) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
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