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We Think That There Are Issues Underlying YanTai LongYuan Power Technology's (SZSE:300105) Earnings
Longyuan Technology: Report for the third quarter of 2024
Yantai Longyuan Power Technology (300105.SZ) released its performance for the first three quarters, with a net income of 23.3166 million yuan, an increase of 37.24%.
yantai longyuan power technology (300105.SZ) released the third quarter report of 2024, with the company's revenue in the first three quarters reaching 1...
Yantai Longyuan Power Technology (300105.SZ): Change in controlling shareholder
On October 15, Yantai Longyuan Power Technology (300105.SZ) announced that it recently received the "Confirmation of Securities Transfer Registration" issued by China Securities Depository and Clearing Corporation Limited. It was learned that the controlling shareholder of the company, State Power Technology Eco-Environmental Group Limited (referred to as "Sino Electric Environmental Group"), has completed the transfer registration procedures of the company's shares through non-trading transfer. Sino Electric Technology Eco-Environmental Group Limited has transferred all the company's 119,322,720 ordinary shares through non-trading transfer to State Energy Technology Eco-Environmental Limited. Sino Electric Technology Eco-Environmental Group Limited will no longer hold any shares of the company.
With YanTai LongYuan Power Technology Co., Ltd. (SZSE:300105) It Looks Like You'll Get What You Pay For
Yantai Longyuan Power Technology (300105.SZ): The company's flexible transformation related order signing volume continued to grow in 23 and 24.
Yantai Longyuan Power Technology (300105.SZ) stated at an investor relations event on September 23 that the volume of orders related to flexible transformation in 23 and 24 continues to grow, with some orders already converted into revenue, driving the company's operational performance growth. As the flexibility of thermal power units running deepens, the units face new challenges, namely, ensuring the operational safety and stability of the entire unit system while meeting flexibility, reducing coal consumption, and lowering emissions, which requires systematic technical upgrades to address comprehensively. These new challenges will bring about ongoing transformation demands.
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