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Wiyang Automation (300420.SZ): Products in the robot field include automation production line equipment and AGV Asia Vets.
On February 24, Guolonghui reported that Wuyang Self-Control (300420.SZ) stated on the investor interaction platform that the company's products in the Siasun Robot&Automation field include automated production line equipment and AGVs. AGVs are mainly used for the handling of vehicles in smart garages; automated production line equipment integrates multiple industrial robots based on the needs of the production process on the automated production line, and the Control System of the production line controls the industrial robots through signal and data exchange to achieve intelligent and automated production.
Wuyou Automatic Control (300420.SZ): A total of 1.48% of shares repurchased. The repurchase plan has been completed.
On February 19, Gelonghui reported that Wuyang Automation (300420.SZ) announced that as of the date of this announcement, the company has repurchased a total of 16,499,956 shares through the stock trading system of the Shenzhen Exchange via centralized bidding, accounting for 1.48% of the company's total share capital. The highest Fill Price was 3.05 yuan/share, the lowest Fill Price was 2.04 yuan/share, and the total amount of the transaction was 40,039,319.64 yuan (excluding stamp tax, transaction commission, and other transaction fees). The actual repurchase time Range for this share buyback is from February 23, 2024, to February 18, 2025.
Wuyang Controls: 2024 Annual Performance Forecast
Wuyang Automation (300420.SZ): A projected loss of 0.085 billion to -0.11 billion yuan for the year 2024.
Gelonghui January 24丨Woyang Automatic Control (300420.SZ) announced the earnings forecast for 2024, with a net loss attributable to shareholders of the listed company expected to be between 110 million yuan and 85 million yuan, a turnaround from profit to loss compared to the previous year; the net income after deducting non-recurring gains and losses is expected to be a loss of 130 million yuan to 105 million yuan. During the reporting period, due to a decrease in customer order volume for the automated parking business, two stations, and mechanism sand equipment business, the company's revenue declined. According to the company's accounting policies and customer credit conditions, specific provisions for bad debts were made for some receivables from customers in the parking business.
Wuyou Automation (300420.SZ): Termination of the change of control issue.
On January 17, 2025, Glonghui reported that Woyang Automation (300420.SZ) announced that it received a "Notice Letter" from its controlling shareholder and actual controller, Mr. Hou Youfu and Ms. Cai Min, as Mr. Hou Youfu and Ms. Cai Min received a "Termination Notice" from Mr. Cai Jidong and his actually controlled Shanghai Hehongyou Enterprise Management Partnership (Limited Partnership) (referred to as "Hehongyou") on January 16, 2025. After negotiation, both parties reached an agreement and signed the "Termination Agreement" on January 16, 2025, deciding to terminate the "Agreement regarding Jiangsu Woyang" effective from January 16, 2025.
Some Jiangsu Wuyang Automation Control Technology Co., Ltd. (SZSE:300420) Shareholders Look For Exit As Shares Take 32% Pounding