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Jiangsu Changbao Steeltube (002478.SZ): Currently, the company has a factory in Oman.
On December 11, Gelonghui reported that Jiangsu Changbao Steeltube (002478.SZ) recently indicated during investor relations activities that the company currently has a factory in Oman and possesses certain foundations and experience in establishing overseas factories. The company adheres to a Global Strategy, and overseas markets have always been a key focus. The company has been paying attention to related overseas markets and opportunities. In view of the current complex international situation, and with favorable conditions in various aspects, the company does not rule out actively seeking opportunities to expand internationally, further enhancing its competitiveness and brand strength in overseas markets.
Jiangsu Changbao Steeltube (002478.SZ): It is expected that the boiler tube market will still maintain relatively prosperous market demand in 2025.
On December 11, Gelonghui reported that Jiangsu Changbao Steeltube (002478.SZ) recently stated in their investor relations activities that the boiler tube market currently maintains a favorable market demand, with the company's boiler tube production capacity running at full capacity. It is expected that the boiler tube market will continue to have relatively strong demand in 2025. The company will continuously increase the internal capacity exploration of boiler tubes and upgrade the product structure.
Jiangsu Changbao Steeltube (002478.SZ): Some production lines of the special materials project are expected to be tested and running in early 2025.
On December 11, Gelonghui reported that Jiangsu Changbao Steeltube (002478.SZ) recently stated in an investor relations event that the special materials project is a key high-end upgrade project for the company in 2024. Currently, the construction of the project is progressing as planned, and some production lines are expected to undergo trial runs at the beginning of 2025, with overall construction and trial production expected to be completed in the third quarter of 2025. At present, the company's project team is preparing for production organization, system and product certification, tackling key technologies, new product development, collaborative development of upstream raw materials, downstream market development, and customer visits while ensuring the project construction proceeds smoothly.
Jiangsu Changbao Steeltube (002478.SZ): Cumulatively repurchased 0.66% of shares.
Gelonghui November 1st | Jiangsu Changbao Steeltube (002478.SZ) announced that, as of October 31, 2024, the company repurchased 5,970,900 shares of the company through centralized competitive bidding, accounting for 0.66% of the company's current total share capital. The highest fill price was 5.29 yuan/share, the lowest fill price was 4.35 yuan/share, and the total amount paid was 28,500,965.58 yuan (including transaction fees). The implementation of the repurchase complies with the company's share repurchase plan and relevant laws and regulations.
Changbao Co., Ltd.: Report for the third quarter of 2024
Jiangsu Changbao Steeltube (002478.SZ): The net income in the first three quarters was 0.411 billion yuan, a year-on-year decrease of 33.82%.
October 24th, Jiangsu Changbao SteelTube (002478.SZ) released the third-quarter report. The revenue for the first three quarters was 4.22 billion yuan, a decrease of 17.41% year-on-year, net income was 0.411 billion yuan, a decrease of 33.82% year-on-year, non-net income was 0.35 billion yuan, a decrease of 39.19% year-on-year, and basic earnings per share was 0.46 yuan.
Jiangsu Changbao SteeltubeLtd (SZSE:002478) Is Doing The Right Things To Multiply Its Share Price