Foresight Signs Multi-Phase Strategic Cooperation Agreement With China Design Group Co. Ltd. To Commercialize Advanced Solutions For Smart Transportation
Affected by the intensified competition in the rail transit market, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first half of the year. It will still take time for the low-altitude business to contribute
①Regarding the decrease in revenue, China Railway Signal & Communication Corporation stated that the company is focusing on the development of its main tasks, promoting the transformation and upgrading of traditional industries, preventing operational risks, and the income from engineering projects has decreased. ②In the first half of 2024, the company's total newly signed contract amount accumulated to 21.023 billion yuan, a year-on-year decrease of 33.62%.
times electric's net profit in the first half of the year increased by 30.56% year on year. Some of the investment projects are delayed.
Times Electric stated that in the first half of 2024, the increase in revenue was due to the growth of railroad investments and the recovery of passenger traffic, resulting in a year-on-year increase in the acceptance and delivery volume of rail transit products.
Net income in the first half decreased by nearly 40%, Inner Mongolia First Machinery Group: Some significant contracts will be delivered in the second half of the year. | Interpretations
①Inner Mongolia First Machinery Group's performance in the first half of the year slowed down, with a nearly 40% year-on-year decrease in net income for H1; ②Company officials stated: "Some significant contracts will be delivered in the second half of the year, involving both military and civilian products".
In 2019, the head brokerage's secretary was appointed as the "older insurance agent".
China Securities Co., Ltd., a leading brokerage firm, recently announced an important personnel change. The company's board of directors has approved the appointment of Liu Naisheng as the company's board secretary, and Wang Guangxue will no longer hold this position. Liu Naisheng is a veteran investment banker and the first generation of securities salespeople in China. He has led successful underwriting projects for numerous companies and is best known for overseeing the IPO projects for Contemporary Amperex Technology and the representative Beijing-Shanghai High Speed Railway. As a seasoned securities industry veteran, Liu Naisheng's appointment as board secretary after seven years of serving as a senior executive (executive committee member) at China Securities Co., Ltd. is certainly worth following in terms of his future contributions. According to publicly available information about skilled post-70s workers, Liu Naisheng belongs to the post-70s generation of securities professionals.
China's infrastructure investment accelerates amid policy support