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Jiangsu Transimage Technology Co., Ltd. (SZSE:002866) Shares Fly 25% But Investors Aren't Buying For Growth
Transimage Technology to Set Up Singapore, Vietnamese Units for $5 Million
Jiangsu Transimage Technology (002866.SZ): plans to establish a wholly-owned subsidiary in Singapore and a grandchild company in Vietnam.
On February 19, Gronghui reported that Jiangsu Transimage Technology (002866.SZ) announced that it would hold the sixth meeting of the fourth Board of Directors on February 19, 2025, to review and approve the proposal to establish a wholly-owned subsidiary in Singapore and a subsidiary in Vietnam. Based on the company's own development strategy and business expansion needs, in order to actively expand the layout of overseas production bases, achieve substantial development in the international market, and enhance the company's core competitiveness, the company intends to establish a wholly-owned subsidiary, Transimage Overseas Limited, with its own funds, with an investment amount not exceeding 5 million USD, and the actual investment amount will depend on the approval amount from China and local authorities.
Chuanyi Technology: 2024 Annual Results Forecast
Jiangsu Transimage Technology (002866.SZ): Expected loss of 65 million to -90 million yuan for the year 2024.
On January 22, Gelonghui announced that Jiangsu Transimage Technology (002866.SZ) released its performance forecast for 2024, with a net loss attributable to shareholders of the listed company expected to be between 65 million yuan to -90 million yuan, compared to a profit of 41.7459 million yuan in the same period last year; the net loss after deducting non-recurring gains and losses is expected to be between 69 million yuan to -94 million yuan, compared to a profit of 33.4443 million yuan in the same period last year; the basic EPS is expected to be a loss between 0.22 yuan/share to 0.31 yuan/share. During the reporting period, the company has continuously promoted sodium ion technology in various aspects including technological research and development, process improvement, product upgrades, and market expansion.
Jiangsu Transimage Technology (SZSE:002866) Might Be Having Difficulty Using Its Capital Effectively
There's Reason For Concern Over Jiangsu Transimage Technology Co., Ltd.'s (SZSE:002866) Massive 31% Price Jump
