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Jiangsu Yinhe Electronics (002519.SZ): Adjusting the project of military equipment support vehicles.
Jiangsu Yinhe Electronics (002519.SZ) announced on October 7 that the company held the 15th meeting of the eighth board of directors on September 30, 2024. The meeting approved the proposal on adjusting the military equipment support vehicle project. Due to the slow progress of this project, considering the lengthy construction period and large capital investment in Hanshan for the project, in order to reduce fixed asset investment and control project investment risks, after re-evaluating the market environment and combining with its own actual situation, the company decided to fully utilize the existing plant and facilities. On the basis of the original plant of Tongzhi Electromechanical, it will be renovated and lease some other plant.
Jiangsu Yinhe Electronics Co.,Ltd. (SZSE:002519) Could Be Riskier Than It Looks
Jiangsu Yinhe Electronics (002519.SZ): Military industry equipment's main customers are military units and military research institutes.
Jiangsu Yinhe Electronics (002519.SZ) stated on the investor interaction platform on August 12th that the main customers of the company's military equipment are military units and military research institutes.
Jiangsu Yinhe Electronics: Half-year report for the year 2024.
Jiangsu Yinhe Electronics: Summary of Half-Year Report in 2024.
Jiangsu Yinhe Electronics (002519.SZ): net income of 0.136 billion yuan in the first half of the year, an increase of 32.94% year-on-year.
On August 9th, Gelunhui has released the semi-annual report for the year 2024 of Jiangsu Yinhe Electronics (002519.SZ), showcasing the steady operation of the company. For the first half of the year, the company achieved a revenue of 0.511 billion yuan, a decrease of 10.24% YoY. The net income attributable to shareholders of the listed company increased by 32.94% YoY, reaching 0.136 billion yuan. The net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 55.5589 million yuan, a decrease of 36.33% YoY. The basic earnings per share are 0.1206 yuan. As of the end of the reporting period, the financial condition of the company is sound, with total assets of 420,114.04.
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