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Yuhuan CNC Machine Tool (002903.SZ): plans to increase investment in subsidiary Southern Machine Tool by 20 million yuan.
Gelonghui, December 24丨Yuhuan CNC Machine Tool (002903.SZ) announced that according to the company's Global Strategy, in order to meet the operational development needs of its subsidiary, South Machine Tool, the company intends to increase its investment in South Machine Tool by 20 million yuan using its own funds, of which 6.6667 million yuan will be counted as registered capital and 13.3333 million yuan as capital reserve. The remaining sixteen shareholders of South Machine Tool will waive proportional capital increase; after the capital increase is completed, the company's shareholding in South Machine Tool will increase from the original 33.33% to 60.00%.
Shanxi: In the first half of the year, the new orders for machinery equipment showed marginal improvement, and the overall industry is expected to recover positively in Q4.
Looking forward to Q4, under the favorable policies and downstream transformation trends, initiatives such as going global, high-end transformation, and expansion into new sectors have become new drivers of development. The demand for machine tools and equipment is expected to continue to be released, coupled with the marginal improvement of new orders in the first half of the year, the whole industry can anticipate a positive recovery.
Yuhuan CNC Machine ToolLtd's (SZSE:002903) Problems Go Beyond Weak Profit
Yuhuan CNC: Report for the third quarter of 2024
Yuhuan CNC Machine Tool (002903.SZ): The net income for the first three quarters was 13.356 million yuan, a decrease of 64.87% year-on-year.
On October 29, Gelonhui announced its third-quarter report for 2024. In the first three quarters of 2024, the company achieved revenue of 0.323 billion yuan, a year-on-year increase of 7.62%; net income attributable to shareholders of the listed company was 13.356 million yuan, a year-on-year decrease of 64.87%; net income after deducting non-recurring gains and losses was 5.533 million yuan, a year-on-year decrease of 81.39%; basic earnings per share were 0.09 yuan per share.
yuhuan cnc machine tool (002903.SZ): The general manager plans to reduce the company's shareholding by no more than 0.9944%.
yuhuan cnc machine tool (002903.SZ) announcement, shareholders holding more than 5%, director and general manager Xu Yanming plans...
Optimistic Investors Push Yuhuan CNC Machine Tool Co.,Ltd. (SZSE:002903) Shares Up 30% But Growth Is Lacking
