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Luoyang Xinqianglian Slewing Bearing (300850.SZ): has laid out in the field of high-end precision Bearings.
Gelonghui reported on March 18 that Luoyang Xinqianglian Slewing Bearing (300850.SZ) stated on the investor interaction platform that the company's current stage is influenced by the prosperity of the downstream wind power Industry, and it currently has sufficient Orders; the company has laid out the high-end precision Bearing product field, such as wind power Gearbox Bearings, and has already delivered prototypes to potential cooperative clients. The company will introduce new products at the appropriate time based on future customer development, enriching the product structure.
Luoyang Xinqianglian Slewing Bearing (SZSE:300850) Is Reinvesting At Lower Rates Of Return
Luoyang Xinqianglian Slewing Bearing (300850.SZ): Currently, the capacity utilization rate is high, and there are sufficient orders for production.
According to a recent investor relations event on February 20, Luoyang Xinqianglian Slewing Bearing (300850.SZ) stated that the company's current capacity utilization is high, with sufficient production orders. The company is maximizing its capacity and improving production efficiency by adjusting imported equipment, purchasing processing equipment, optimizing processes, and modifying production lines, in order to meet customer delivery requirements.
Individual Investors Among Luoyang Xinqianglian Slewing Bearing Co., Ltd.'s (SZSE:300850) Largest Stockholders and Were Hit After Last Week's 5.0% Price Drop
Intensified competition puts pressure on gross margin, Luoyang Xinqianglian Slewing Bearing expects a significant decline in performance for the 2024 fiscal year | Interpretations
① In 2024, the competition pressure in the wind power industry is being passed upstream, leading to performance pressure for wind power component companies. Luoyang Xinqianglian Slewing Bearing expects a significant decline in the company's performance year-on-year in 2024; ② Some industry insiders have indicated to reporters from Cai Lian She that there are signs of easing in the internal competition of the wind power industry.
Luoyang Xinqianglian Slewing Bearing (300850.SZ) issued a profit warning, expecting an annual Net income of 55 million yuan – 80 million yuan, a year-on-year decline of 78.66%-85.33%.
Luoyang Xinqianglian Slewing Bearing (300850.SZ) disclosed its performance forecast for 2024, with the company estimating profits attributable to shareholders of the listed company...