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Is Tongyu Heavy Industry Co., Ltd.'s (SZSE:300185) Recent Price Movement Underpinned By Its Weak Fundamentals?
Tongyu Heavy Industry (300185.SZ): Wind power main shaft is one of the company's main products.
Tongyu Heavy Industry (stock code 300185.SZ) stated on the investor interaction platform on July 26 that wind power main shaft is one of the company's main products. The company's products sold domestically are mainly transported by land, while export products are mainly transported by marine transportation, and they are mainly loaded at Qingdao Port International.
Tongyu Heavy Industry (300185.SZ): Currently, the casting steel business unit has one sand mold 3d printing machine that has the ability to print with chromite sand.
On July 12th, Guolong News reported that an investor asked Tongyu Heavy Industry (stock code: 300185.SZ) on the investor Q&A platform, "Is the company currently building a digital production line with 3d printing? How many 3d printers and supporting facilities does the company have?" The company replied that the steel casting division currently has a sand 3d printer with chromium ore sand printing capability. In the future, the company will actively enhance its technology and equipment capabilities, continuously promote the digital management of production processes, and improve its core competitiveness.
Tongyu Heavy Industry (300185.SZ) plans to distribute 0.25 yuan per 10 shares on June 20th ex-rights and ex-dividends.
In the announcement of Tongyu Heavy Industry (300185.SZ), the company intends to distribute annual equity dividends in 2023: 0.10 yuan (tax included) will be distributed to all shareholders for every 10 shares held.
Tongyu Heavy Industries (300185.SZ): Currently, nuclear power business revenue does not account for much of the company's revenue
Gelonghui May 15 丨 Tongyu Heavy Industries (300185.SZ) held a performance briefing on May 13, 2024 to discuss “How is the company's nuclear power business and what are the prospects?” The company replied that the current nuclear power business revenue does not account for much of the company's revenue. We are optimistic about the future development prospects of the nuclear power business, and have set up a nuclear equipment division to be responsible for R&D and market development of products related to nuclear power.
Tongyu Heavy Industries (300185.SZ): Using the Qingdao Baojian Offshore Wind Power Structural Parts Project to trial manufacture offshore wind power structural parts products for an overseas customer
Gelonghui May 15 丨 Tongyu Heavy Industries (300185.SZ) held a performance briefing on May 13, 2024 to discuss “How far has the Jimo project progressed?” The company replied that it is using the Qingdao Baojian offshore wind power structural parts project to test manufacture offshore wind power structural parts products for an overseas customer, and is actively seeking to pass the customer's product certification as soon as possible.
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