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.

Zhitong FinanceNov 18 02:50 ET

Yuhuan CNC Machine ToolLtd's (SZSE:002903) Problems Go Beyond Weak Profit

Simply Wall StNov 5 19:01 ET

Yuhuan CNC: Report for the third quarter of 2024

SZSIOct 29 12:00 ET · Announcements

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.

Gelonghui FinanceOct 29 05:20 ET

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...

Zhitong FinanceOct 20 14:30 ET

Yuhuan CNC Machine Tool (002903.SZ): In the processing of sapphires, gallium antimonide and other semiconductor materials, the company has already obtained customer approval for some equipment and achieved sales.

Yuhuan CNC Machine Tool (002903.SZ) stated at an investor relations event on October 18 that the semiconductor sector is one of the key focus areas for the company. The company's strategic development in the semiconductor sector involves processing a variety of materials, including silicon carbide, ceramics, sapphires, and gallium antimonide. Regarding silicon carbide material processing equipment, our company's equipment is mainly used for grinding crystal ingot end faces, grinding crystal ingot outer circles, grinding reference edges, and grinding silicon carbide wafers. Some prototypes have been introduced for customer acceptance. In addition, in sapphires, gallium antimonide, and other semiconductor material processing, some of the company's equipment has been approved by customers.

Gelonghui FinanceOct 18 03:27 ET