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Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Has A Rock Solid Balance Sheet
Changshu Tianyin Electromechanical (300342.SZ): Dissolves and cancels its equity interest in GDLX
Changshu Tianyin Electromechanical (300342.SZ) announced on September 20th that the company held the 14th meeting of the fifth term of the board of directors on September 20, 2024. The meeting reviewed and approved the Proposal on Dissolving and Liquidating the Participation in Harbin Institute of Technology Leixin Technology Co., Ltd. (hereinafter referred to as "Leixin"). The company agreed to dissolve and liquidate the participation in Harbin Institute of Technology Leixin Technology Co., Ltd., and authorized the company's management to handle related liquidation, cancellation, and other matters in accordance with the law. This cancellation does not involve related transactions and does not constitute a major asset restructuring. The main business of Leixin has been affected by various factors, leading to slow progress.
Despite Lower Earnings Than Five Years Ago, Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Investors Are up 27% Since Then
Changshu Tianyin Electromechanical (300342.SZ): The Star Sensor is mainly used in various satellites, drones, airships and other aerospace facilities.
On August 15th, Gelonhui reported that Tianyin Electromechanical (stock code: 300342.SZ) stated on the investor interaction platform that the listed company mainly includes two major business sectors: "refrigerator compressor spare parts" and "radar and aerospace electronics". The listed company's holding subsidiary, Tianyin Aerospace, is a domestic manufacturer of stellar sensors in commercial operation. Stellar sensors are an important component of spacecraft and aircraft navigation systems, providing high-precision measurement data for spacecraft attitude control and astronomical navigation, mainly used in various satellites, drones, airships and other space facilities.
Changshu Tianyin Electromechanical (300342.SZ): Its subsidiary, Huqing Ruida Business includes radar target simulators and radar RF simulation arrays.
On August 15th, Gelonhui reported that Changshu Tianyin Electromechanical (300342.SZ) stated on the investor interaction platform that the business of its wholly-owned subsidiary Huaqing Ruida includes radar target simulators and radar RF simulation arrays. Huaqing Ruida has undertaken projects related to automotive radar simulation testing and currently has relevant technical reserves.
Changshu Tianyin Electromechanical: Summary of Half-Year Report in 2024.
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