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Chongqing Mas Sci.&Tech.: 2024 Interim Performance Forecast
Chongqing MAS Sci.&Tech. (300275.SZ) released a profit growth forecast, with a net income of 300-350 million yuan expected for the first half of the year, a year-on-year increase of 5.84%-23.48%.
Chongqing Mas Sci.&Tech. (300275.SZ) announced its performance forecast for the first half of 2024. The company is expected to have a net profit of ... belonging to the listed company's shares...
Chongqing MAS Sci.&Tech. (300275.SZ) intends to terminate some of its fundraising projects and use the remaining funds to permanently supplement working capital.
On July 5th, Gelunhui reported that Chongqing Mas Sci. & Tech. (300275.SZ) announced that it held the 27th meeting of the fifth board of directors and the 21st meeting of the fifth supervisory board on July 5, 2024, and approved the Proposal on Terminating Some Fundraising Investment Projects and Permanently Supplementing the Remaining Fundraising Funds with Working Capital. This proposal still needs to be submitted to the company's shareholders' meeting for approval. The fundraising investment project proposed to be terminated this time is the "Big Data Management and Control Platform for Smart City Management based on 5G + AI Technology". The project intends to invest a total of 38 million yuan of fundraising funds, and the project will be implemented by the company.
Chongqing MAS Sci.&Tech. (300275.SZ): Has repurchased 0.75% of its shares.
Chongqing Mas Sci.&Tech. (300275.SZ) announced on July 1 that as of June 30, 2024, the company had repurchased 2,286,500 shares of the company's stock through a dedicated securities account using centralized bidding trading, accounting for 0.7513% of the company's current total share capital. The highest fill price was 10.01 yuan/share, the lowest fill price was 9.04 yuan/share, and the total fill amount was RMB 21.32 million (excluding transaction fees).
Chongqing MAS Sci.&Tech. (300275.SZ) has developed precision positioning system related products with independent intellectual property rights based on UWB technology.
Chongqing Mas Sci.&Tech. (300275.SZ) stated on the investor interaction platform on June 26th that UWB is widely used in positioning, identification and communication, which is in line with the development trend of integrated sensing in 5.5G and future 6G. At the company level, based on UWB technology, precision positioning system products with independent intellectual property rights have been developed and widely used in many fields, such as personnel positioning in underground mines, intelligent driving of vehicles, approaching dangerous areas (electronic fences), etc. It has also been well promoted and applied in ground chemical parks, indoor smart device driving navigation, etc.
Chongqing MAS Sci.&Tech. (300275.SZ): Zhoyuxing Company has developed a fusion product that integrates satellite communication, 4G/5G base stations, and some sensing capabilities.
On June 26, Guolonghui platform, an investor asked a question to Chongqing Mas Sci.&Tech. (300275.SZ) on the investor exchange platform, "Please provide details about Mas Sci.&Tech.'s participation in its subsidiary companies: What outstanding capabilities does Chongqing Mas Sci.&Tech. bring to the communication infrastructure construction for vehicles and roads, considering that CarCloud cannot exist without them?" The company responded that its subsidiary company, Zhiyuxing, has been granted the value-added telecommunications qualification for satellite communication by the Ministry of Industry and Information Technology, and has developed satellite communication, 4G, 5G base stations, and integrated fusion products of some sensors. At this stage, it is mainly focused on providing satellite communication terminal products and services for relevant application scenarios, as well as promoting related business.
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