HXTL (01085.HK) warns of profit decline: the expected interim surplus is expected to decrease by about 40% to 50%.
On August 14th, Grong Hui reported that the expected unaudited equity attributable to shareholders of the company for the six months ending June 30th, 2024 will be between RMB 25,067,000 and RMB 30,080,000, a decrease of about 40% to 50% compared to the same period last year. However, the group's operating profit during this reporting period increased by 15% to 25% compared to the same period last year, to approximately RMB 63,817,000 to RMB 69,366,000. The Board of Directors believes that the decrease in unaudited equity attributable to shareholders of the company is mainly due to
Hxtl (01085) issued a profit warning, expecting that the equity shareholders' attributable surplus for the first half of the year will be approximately 25.067 million-30.08 million yuan, a decrease of about 40%-50% year-on-year.
Hxtl (01085) announced that the company expects the shareholders' equity to account for the surplus in the first half of 2024 to be in RMB...
Express News | Hengxin Technology - Expected Result Due to Increase in Interest Expense and Profit Sharing to Non-Controlling Interests in Hy
Express News | Hengxin Technology Sees Decrease in Unaudited Net Profit Attributable by 40% to 50% for Six Months
HXTL: PROFIT WARNING
hxtl (01085.HK) will hold a board of directors meeting on August 23 to approve mid-year performance.
Hxtl (01085.HK) announced on August 9th that the board of directors will hold a meeting on August 23, 2024 to consider and approve the mid-term performance announcement of the company and its subsidiaries for the six months ending on June 30, 2024 (including this).
HXTL: NOTIFICATION OF BOARD MEETING
HXTL subsidiary entered into a framework agreement with Hengtong Logistics.
HXTL (01085) announced that, due to the operational needs of Jiangsu Hengxin (the company's wholly-owned subsidiary) in general and daily business processes, on August 1, 2024, Jiangsu Hengxin and Hengtong Logistics have entered into a framework agreement, which replaces the 2023 service agreement and regulates the logistics service procurement for Jiangsu Hengxin from Hengtong Logistics for three years until December 31, 2026, subject to approval by independent shareholders. The announcement stated that in the general and daily business processes of Jiangsu Hengxin, Jiangsu Hengxin occasionally needs to be responsible for the transportation of raw materials purchased from suppliers and products sold to customers.
Hxtl (01085) has signed a framework agreement with Hengtong Logistics.
HXTL (01085) announced that due to the general and day-to-day business of Jiangsu Hengxin (a wholly-owned subsidiary of the company)...
Hengxin Technology Subscribes for 68 Million Yuan of Wealth Management Products From Huaan Securities
Hxtl (01085.HK) further subscribed to 68 million yuan of wealth management products.
On July 29th, Gelunhui announced that the board of directors of hxtl (01085.HK) declared indirect non-wholly-owned subsidiary Zhejiang Zhongguang further subscribed to Huaan Securities' provided and managed No.2, No.3, and No.4 products on July 24th, July 25th, and July 29th, 2024. The principal amount of the relevant products subscribed by Zhejiang Zhongguang totals 68 million yuan.
Express News | Hengxin Technology - From 24 to 29 July Unit Further Subscribed Wealth Management Products With Aggregate Principal Amount of RMB68 Mln
Hengxin Technology Unit Buys 30 Million Yuan Wealth Management Product From Huaan Securities
HXTL: Zhejiang Zhongguang subscribes to a wealth management product with a total principal amount of 45 million yuan.
Hxtl (01085) announced that on July 17, 18 and 22, 2024, its indirect non-wholly owned subsidiary Zhejiang Zhongguang subscribed for and managed huaan's second, third and fourth products. The total amount of principal for the related products is RMB 15 million. And (ii) on July 23, 2024, Zhejiang Zhongguang further subscribed to huaan's first product provided and managed by huaan, with a principal amount of RMB 30 million.
HXTL (01085): Zhejiang Zhongguang subscribed a total principal amount of 45 million yuan of financial products.
Hxtl (01085) announced that on July 17, 18 and 22, 2024, the company will publicly issue convertible bonds of RMB 1 billion, RMB 1.5 billion and RMB 1.5 billion respectively. The funds raised will be used for repayment of bank loans, supplement of working capital, and other corporate purposes.
Express News | Hengxin Technology Ltd - on 23 July Unit Subscribed Wealth Management Product by Huaan Securities in Principal Amount of RMB30 Mln
China Communications Industry Association Releases Standards Drafted by Hengxin Technology's Directors
HXTL (01085): Peng Yinai and Li Juanru respectively participated in the drafting of two group standards released by the China Communications Industry Association.
Hxtl (01085) announced that its executive director, Peng Yinan, and technical director, Li Juanru, were the drafters...
Hengxin Technology's Unit Complete Acquisition of Nanjing Zhangyu, Shanghai Zhangyu
Hxtl (01085) has completed the acquisition of the remaining 49% equity of Nanjing Zhangyu and Shanghai Zhangyu.
Hxtl (01085) announced that all the prerequisites for the equity acquisition agreement have been met and the transaction has been completed in 2024...
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