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Shandong Hongyu Precision Machinery (002890.SZ): Re-evaluation and modification of the fundraising investment project.
On December 6, GELONGHUI reported that Shandong Hongyu Precision Machinery (002890.SZ) announced that after re-evaluating the "High-Power Tractor Hydraulic Lifting Device Fine Production Construction Project," it was agreed to change the project to the "Asia Vets Casting Workshop Construction and Renovation Project." The original fundraising project was intended to use a net amount of 172.4506 million yuan, while the new project is expected to use 173.427 million yuan (including the net fundraising amount and part of the generated interest). The interest generated from the remaining net fundraising amount and cash management income (after deducting bank fees) is to be used.
Earnings Troubles May Signal Larger Issues for Shandong Hongyu Precision Machinery (SZSE:002890) Shareholders
Hongyu Co., Ltd.: Report for the third quarter of 2024
Shandong Hongyu Precision Machinery: Half-year report for the year 2024.
Shandong Hongyu Precision Machinery: Summary of Half-Year Report in 2024.
Shandong Hongyu Precision Machinery (002890.SZ): net income of 92.2398 million yuan in the first half of the year, a year-on-year decrease of 13.48%
Shandong Hongyu Precision Machinery (002890.SZ) released its semi-annual report for 2024, with revenue of 0.186 billion yuan, a decrease of 12.54% year-on-year; net income attributable to shareholders of the listed company was 9.22398 million yuan, a decrease of 13.48% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 6.6386 million yuan, a decrease of 14.77% year-on-year; basic earnings per share was 0.0543 yuan.
Shandong Hongyu Precision Machinery Co., Ltd. (SZSE:002890) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely