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Zhejiang Yueling (002725.SZ): Termination of the planned major asset restructuring.
On July 29, Gelonhui reported that Zhejiang Yueling (002725.SZ) announced on March 30, 2024 that it released a "Notice of Planning a Major Asset Restructuring and Signing an Equity Transfer Intent Agreement" (announcement No.: 2024-008) and plans to acquire 51% of the equity of Shanghai Yuanyue Automotive Electronics Co., Ltd. (hereinafter referred to as "Yuanyue Automotive" or "the target company") held by shareholders Zhang Pengcheng and Xu Wei in cash. The company has decided to terminate the planning of this major asset restructuring. Since the release of the notice on the planning of the major asset restructuring, the company has acted in accordance with relevant laws and regulations.
Zhejiang Yueling: 2024 Interim Performance Forecast
Zhejiang Yueling (002725.SZ): Expected net income for the first half of the year is 2.6-3.9 million yuan.
On July 12th, Gelun Hui reported that Zhejiang Yueling (002725.SZ) is expected to have a net income of 2.6 to 3.9 million yuan in the first half of the year, with a non-GAAP net income of 0.5 to 1.8 million yuan. The operating performance in the first half of 2024 turned losses into gains compared with the same period last year, mainly due to the increase in export orders during the reporting period, which increased the company's operating income. On the other hand, the company's business scale has increased year-on-year, the product structure has been optimized, relevant fixed cost expenses have been amortized, and the gross margin has recovered and increased compared with the same period last year.
Yueling Co., Ltd. (002725.SZ) announced first-quarter results, with a net profit of 2.02 million yuan, turning a loss into a profit
Yueling Co., Ltd. (002725.SZ) released its report for the first quarter of 2024. The company's revenue was 157 million yuan...
Yueling Co., Ltd. (002725.SZ): Proposed to acquire 51% of Yuanyue Auto's shares
Gelonghui, March 29, 丨 Yueling Co., Ltd. (002725.SZ) announced that on March 29, 2024, the company signed a “Share Transfer Intent Agreement” with Zhang Pengcheng and Xu Wei, the current shareholders of Shanghai Yuanyue Auto Electronics Co., Ltd. (“Yuanyue Auto”, the “Target Company”). The company plans to acquire 51% of the shares of Shanghai Yuanyue Auto Electronics Co., Ltd. held by shareholders of the target company in cash. This transaction does not constitute a related transaction. According to preliminary research and estimates, this transaction constitutes a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”.
Yueling Co., Ltd. (002725.SZ): Currently, the company does not produce wheels for flying cars
Gelonghui March 29 | Yueling Co., Ltd. (002725.SZ) said on the investor interactive platform that currently the company does not produce wheels for use in flying cars.
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