Zhejiang Founder Motor (002196.SZ): Plans to increase capital by 0.1 billion yuan for its wholly-owned subsidiary Deqing Founder.
On December 23, Gelonghui reported that Zhejiang Founder Motor (002196.SZ) announced that the eighth Board of Directors will hold its twentieth meeting on December 23, 2024, to review and approve the proposal regarding the increase of capital for its wholly-owned subsidiary, Zhejiang Founder Motor (Deqing) Co., Ltd. In order to meet the funding needs for the expansion of the wholly-owned subsidiary’s production operations, the company will increase the capital of Zhejiang Founder Motor (Deqing) Co., Ltd. (hereinafter referred to as "Deqing Founder") by 100 million yuan. The current registered capital of Deqing Founder is 50 million yuan, and after the increase, the registered capital will rise to 150 million yuan.
Zhejiang Founder Motor (002196.SZ): received government subsidies of 24 million yuan.
Gelonghui, December 19 - Zhejiang Founder Motor (002196.SZ) announced that the "Future Factory" project at Lishui Power Valley has received a government subsidy of 24 million yuan from the Lishui Economic and Technological Development Zone, of which 12 million yuan has been disbursed recently. The government subsidy obtained this time is related to income and is associated with the company's regular Operation activities; it does not have sustainability.
Galaxy Today Announcement Highlights: zhejiang founder motor: became the supplier of the stator assembly parts for two projects of leapmotor; Huahong Company: net income in the first three quarters was 0.578 billion yuan, a year-on-year decrease of 65.69%
[Company Business Data] Beiqi Foton Motor (600166.SH): Total sales of autos in October reached 56,053 units. Fujian Sunner Development (002299.SZ): Achieved sales revenue of 1.583 billion yuan in October. Poly Developments and Holdings Group (600048.SH): Contracted amount in October was 42.337 billion yuan, an increase of 27.85% year-on-year. Huahong Company (688347.SH): Net income in the first three quarters was 0.578 billion yuan, a decrease of 65.69% year-on-year. Guangzhou Automobile Group (601238.SH): Auto sales in October were 185,785 units, a decrease of 17.23% year-on-year. Zhengbang Technology (0
Zhejiang Founder Motor (002196.SZ): become a supplier of rotor components for two projects of leapmotor's drive motor.
Gelonghui November 7th | zhejiang founder motor (002196.SZ) announced that the company received a customer notification stating that the company has become a supplier of the stator assembly components for two projects of leapmotor (referred to as "leapmotor"). The two projects are expected to start mass production and supply in the second quarter and fourth quarter of 2025, respectively.
Zhejiang Founder Motor's (SZSE:002196) Earnings Are Weaker Than They Seem
Fangzheng Motor: Report for the third quarter of 2024
Zhejiang Founder Motor (002196.SZ) released its performance for the first three quarters, with a net income of 8978.29 yuan, a year-on-year decrease of 99.99%.
Zhejiang Founder Motor (002196.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue...
Zhejiang Founder Motor (002196.SZ): Achieved revenue of 1.822 billion yuan in the first three quarters, a year-on-year increase of 11.98%.
zhejiang founder motor (002196.SZ) announced its third quarter report for 2024 on October 29th. The company achieved revenue of 1.822 billion yuan in the first three quarters of the year, an 11.98% year-on-year increase; the net income attributable to shareholders of the listed company was 8,978.29 yuan, a 99.99% year-on-year decrease; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -2.6144 million yuan; the basic earnings per share were 0.0000 yuan.
Zhejiang Founder Motor (002196.SZ): The robotic joint project is currently under development, and samples have been sent for some customer projects.
Gelonghui October 24th | zhejiang founder motor (002196.SZ) stated on the investor interactive platform that the company's siasun robot&automation joint project is currently under development. Some customer projects have been sampled, and the company is cooperating with customers in the overall machine development. Due to customer confidentiality requirements, the customer's name and more detailed progress information cannot be disclosed at the moment.
Zhejiang Founder Motor (002196.SZ): The company's business includes micro specialty electric machines.
On October 24, Gelunhui reported that zhejiang founder motor (002196.SZ) stated on the investor interaction platform that the business of the company includes micro special electric machines.
Zhejiang Founder Motor Gets Orders to Produce Drive Motor Parts to Volkswagen
zhejiang founder motor (002196.SZ) has been designated as a supplier for SAIC Volkswagen project.
Zhejiang Founder Motor (002196.SZ) announced that the company recently received a notification from a client, becoming a supplier of SAIC Volkswagen autos...
Zhejiang Founder Motor (002196.SZ): Subsidiary Deqing Founder became a supplier of auto parts for Volkswagen.
On October 21, Gelunhui announced that its subsidiary, Zhejiang Founder Motor (002196.SZ), recently received a notification from a customer. Deqing Founder Electric Machine Co., Ltd. (hereinafter referred to as 'Deqing Founder'), a subsidiary of the company, has become a supplier of certain components such as the drive motor stator assembly for Volkswagen Automatic Transmission (Tianjin) Co., Ltd. (referred to as 'Volkswagen (Tianjin)'). The project is expected to start mass production supply in the third quarter of 2025, with a total estimated demand of approximately 1.2 million units throughout its lifecycle.
Even After Rising 19% This Past Week, Zhejiang Founder Motor (SZSE:002196) Shareholders Are Still Down 46% Over the Past Three Years
Zhejiang Founder Motor (002196.SZ): Shareholders renew the "Voting Rights Proxy and Share Lock-up Commitment Letter".
On September 5th, Founder Motor (002196.SZ) announced that its shareholder, Zhejiang Founder Motor Co., Ltd. ("Founder Motor"), recently renewed the letter of commitment on voting rights delegation and share lock-up regarding Zhejiang Founder Motor Co., Ltd., which will not result in any changes to the controlling shareholder or actual controller.
Zhejiang Founder Motor: Summary of Half-Year Report in 2024.
Zhejiang Founder Motor: Half-year report for the year 2024.
Zhejiang Founder Motor (002196.SZ): net income of 0.84469 million yuan in the first half of the year, a year-on-year decrease of 96.83%.
On August 21, Gelunhui announced the semi-annual report for 2024, with a revenue of 1.166 billion yuan, a year-on-year increase of 14.76%; the net income attributable to shareholders of the listed company was 0.84469 million yuan, a year-on-year decrease of 96.83%; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -2.7765 million yuan; and the basic earnings per share was 0.0017 yuan. In the first half of 2024, the company invested 62.43 million yuan in research and development, a 12% increase from the same period last year. During the reporting period, the company's electric tool motor business has entered TTI and Parkside.
Zhejiang Founder Motor Responds to Unusual Stock Movement; Shares Jump 5%
These Return Metrics Don't Make Zhejiang Founder Motor (SZSE:002196) Look Too Strong