The Five-year Decline in Earnings for Jiangsu LiXing General Steel BallLtd SZSE:300421) Isn't Encouraging, but Shareholders Are Still up 90% Over That Period
Jiangsu LiXing General Steel Ball (300421.SZ): Independent Director Chen Hailong has resigned.
On December 24, Gelonghui reported that Jiangsu LiXing General Steel Ball (300421.SZ) announced that the Board of Directors received the resignation letter from independent director Mr. Chen Hailong on December 24, 2024. Mr. Chen Hailong applied to resign from his position as an independent director of the company's fifth Board of Directors due to the expiration of his term, and also resigned from his positions on the Board's Strategic Committee, Audit Committee, and Compensation and Assessment Committee. After resigning, Mr. Chen Hailong will no longer hold any other position within the company. As of the date of this announcement, Mr. Chen Hailong does not hold any shares in the company.
Google collaborates with leading companies to develop a new generation of humanoid robots, and the robot sector is expected to remain vibrant.
① According to media reports, Google DeepMind announced a collaboration with Siasun Robot&Automation and Apptronik to develop a new generation of humanoid robots to tackle complex operational challenges in dynamic real-world environments. ② Wang Haiyang from Minsheng Securities believes that 2025 will mark the first year of mass production for humanoid robots, serving as the starting point for the leap in their general capabilities, with thousands of humanoid robots entering factory scenarios for training globally.
Jiangsu Lixing General Steel Ball (300421.SZ): Currently, ceramic ball products are still in the small-scale production and sample certification stage.
Gelonghui November 11th, jiangsu lixing general steel ball (300421.SZ) stated on the investor interaction platform that the company's ceramic ball products are currently in the small-scale production and sample certification stage.
Returns On Capital At Jiangsu LiXing General Steel BallLtd (SZSE:300421) Have Hit The Brakes
LIXING CORPORATION: 2024 THIRD QUARTER REPORT
Jiangsu Lixing General Steel Ball (300421.SZ): Net income for the first three quarters was 50.719 million yuan, a year-on-year decrease of 11.09%.
Gelonghui October 24th | Jiangsu Lixing General Steel Ball (300421.SZ) announced its third quarter report for 2024, with the company achieving revenue of 0.777 billion yuan in the first three quarters, a year-on-year increase of 3.56%; net income attributable to shareholders of the listed company was 50.719 million yuan, a year-on-year decrease of 11.09%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 49.341 million yuan, a year-on-year decrease of 11.51%; basic earnings per share was 0.1725 yuan.
Are Poor Financial Prospects Dragging Down Jiangsu LiXing General Steel Ball Co.,Ltd. (SZSE:300421 Stock?
Jiangsu Lixing General Steel Ball (300421.SZ): Has worked hard to develop roller samples for high-speed rail bearings.
Jiangsu Lixing General Steel Ball (300421.SZ) stated on the investor interaction platform on August 21 that the company has focused on developing roller samples for high-speed rail bearings. When the high-speed rail rollers are mass-produced in the future, they will become a point of profit growth for the company.
Yang Yunfeng, the chairman of the supervisory board of Jiangsu Lixing General Steel Ball (300421.SZ), received a warning letter from the Jiangsu Securities Regulatory Bureau.
Jiangsu Lixing General Steel Ball (300421.SZ) announced that Mr. Yang Yunfeng, Chairman of the company's Supervisory Committee, recently received a notice of investigation from the China Securities Regulatory Commission...
Jiangsu Lixing General Steel Ball (300421.SZ): The profit distribution for the first half of 2024 is 10 dividends of 1.2 yuan per share, with a registration date of August 22.
On August 16th, Gelunhui reported that Jiangsu Lixing General Steel Ball (stock code 300421.SZ) announced the profit distribution plan for the first half of 2024: based on a total of 294,030,484 existing shares, the company will distribute RMB 1.20 in cash (tax inclusive) for every 10 shares to all shareholders. The equity distribution record date for this distribution is August 22, 2024, and the ex-rights and ex-dividend date is August 23, 2024.
Jiangsu LiXing General Steel BallLtd's (SZSE:300421) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jiangsu LiXing General Steel Ball: Half-year report for the year 2024.
Jiangsu LiXing General Steel Ball: Summary of Half-Year Report in 2024.
Jiangsu Lixing General Steel Ball (300421.SZ) plans to liquidate and cancel its wholly-owned subsidiary, Shanghai Zhigao Trading Co., Ltd.
On July 29th, Gelonhui reported that Jiangsu Lixing General Steel Ball (300421.SZ) plans to liquidate and cancel its wholly-owned subsidiary Shanghai Zhigao Trading Co., Ltd. (referred to as 'Zhigao Trading') and authorize the company's management to handle relevant liquidation and cancellation matters in accordance with the law.
Jiangsu Lixing General Steel Ball (300421.SZ): Net income in the first half of the year was 35.4529 million yuan, a year-on-year increase of 0.44%.
Jiangsu Lixing General Steel Ball (300421.SZ) announced the summary of its 2024 interim report. The total operating revenue during the reporting period was 512 million yuan, an increase of 2.86% year-on-year. The net income attributable to shareholders of the listed company was 35.4529 million yuan, an increase of 0.44% year-on-year. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 34.5671 million yuan, an increase of 1.27% year-on-year. The basic earnings per share is 0.1206 yuan.
Jiangsu Lixing General Steel Ball (300421.SZ) plans to establish Lixing Trading in Shanghai Pudong New Area with an investment of 5 million yuan.
On July 22, Gelunhui reported that Jiangsu Lixing General Steel Ball Co., Ltd. plans to invest RMB 5 million from its own funds to establish a wholly-owned subsidiary Lixing (Shanghai) Trading Co., Ltd. (tentative name, actual name subject to business registration approval) in Pudong New District, Shanghai, in accordance with the development strategy and business expansion needs of the company. The establishment of a wholly-owned subsidiary in Pudong New District of Shanghai is conducive to further opening up the company's overseas market share, providing timely product services and technical support, and enhancing the company's comprehensive competitiveness and profitability.
Jiangsu Lixing General Steel Ball (300421.SZ): The JGBR USA South Carolina factory is currently resuming production in an orderly manner according to plan, and is expected to operate at full capacity in the third quarter.
On July 18th, Gelunhui reported that an investor on the investor interaction platform asked Jiangsu Lixing General Steel Ball (300421.SZ), "What are the tax incentives for the company's factory in the USA? What is the monthly output value and profit of the factory in the periphery?" The company replied that the JGBR factory in South Carolina, USA is currently resuming work in an orderly manner according to plan and is expected to operate at full capacity in the third quarter.
As of July 10th, 2024, the number of shareholders of Jiangsu Lixing General Steel Ball (300421.SZ) was 18,766.
Jiangsu Lixing General Steel Ball (300421.SZ) stated on the investor interaction platform on July 18 that as of July 10, 2024, the number of shareholders of the company was 18,766.
Jiangsu Lixing General Steel Ball (300421.SZ): Precision ceramic balls have excellent characteristics such as lightweight, small density, high hardness, low friction, high heat resistance, electrical insulation, and long service life.
Jiangsu Lixing General Steel Ball (300421.SZ) stated on the investor interaction platform that precision ceramic balls have excellent characteristics such as lightweight, small density, high hardness, low friction, high heat resistance, electrical insulation, and long service life, and can be used in special working conditions, high-speed bearings for high-end equipment, high-temperature bearings, bearings for vacuum environments, and bearings for corrosive environments.