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CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
Ipe group's subsidiary, Wuhu Yinnuo Hydraulic Technology, was granted a 20 million yuan working capital loan financing.
On June 19, 2024, IPE Group (00929.HK) announced that its indirect non-wholly-owned subsidiary, Wuhu Winnov Hydraulic Technology Co., Ltd. (as the borrower), had entered into a loan agreement with the Guangzhou branch of Nanyang Commercial Bank (China) Co., Ltd. (as the lender), and the lender has agreed to provide the borrower with a maximum of RMB 20 million in working capital loan financing.
Express News | IPE Group - on 19 June, Nanyang Commercial Bank (China) Guangzhou Branch Made Available Working Capital Loan Facility of RMB20 Mln to Unit
IPE GROUP: 2023 Annual Report
International Precision (00929) announced annual results, with annual profit of HK$15.6 million, a year-on-year decrease of 43.6%
International Precision (00929) announced results for the year ended December 31, 2023. Revenue decreased 6.6 year on year...
International Precision (00929.HK): Profit attributable to equity shareholders decreased by 34.8% to HK$5.667 million in 2022
On March 22, GLONGHUI International Precision (00929.HK) announced that for the year ended December 31, 2023, revenue for the year ended 31 December 2023 decreased by 6.6% to HK$899 million; gross margin for the year was 24.8% (2022:28.5%); the company's equity shareholders should account for 34.8% of profit for the year to HK$5.667 million, with a basic profit of HK 0.54 cents per share.
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