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Guangzhou Pearl River Piano Group (002678.SZ): The processing and assembly technology is mainly applied in the manufacturing of pianos and digital instruments.
On February 27, Gelonghui reported that the Guangzhou Pearl River Piano Group (002678.SZ) stated on the investor interaction platform that the company's processing and assembly technology is mainly applied in the manufacturing of pianos and digital musical instruments.
Pearl River Piano Ties Up With Lehai Musical Instruments to Set Up New Enterprise
Guangzhou Pearl River Piano Group (002678.SZ) has signed a Global Strategy cooperation agreement with Lehai Instruments.
Guangzhou Pearl River Piano Group (002678.SZ) announced that on February 18, 2025, the company will cooperate with Lehai Musical Instruments Co., Ltd. (...)
Pearl River Piano: 2024 Annual Performance Forecast
Guangzhou Pearl River Piano Group (002678.SZ): Expected loss in 2024 is between 0.193 billion yuan and 0.25 billion yuan.
On January 23, Gelonghui reported that Guangzhou Pearl River Piano Group (002678.SZ) expects a loss of 193 million to 250 million yuan in 2024, with a non-recurring loss of 192 million to -249 million yuan. Due to severe deficiencies in domestic and international market demand for pianos, as well as multiple factors such as the Industry entering a deep adjustment period, the company's piano sales and revenue have significantly declined compared to the same period last year; additionally, the profit before tax has decreased sharply compared to the same period last year, impacted by significantly increased unit manufacturing costs due to a decline in production volume, increased expenditure on personnel optimization during the reporting period, and factors such as asset impairment provisions.
Some Guangzhou Pearl River Piano Group Co.,Ltd (SZSE:002678) Shareholders Look For Exit As Shares Take 26% Pounding