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Yunnan Jinggu Forestry Resumes Production at Huiyin Wood Industry Subsidiary
Jinggu Forestry (600265.SH): The production lines for particleboard and fiberboard at Huiyin Wood Industry have both resumed production.
On February 24, Ge Long Hui reported that Jinggu Forestry (600265.SH) announced that, according to the actual production operation needs and arrangements, Huayin Wood's particle board and fiber board production lines have both resumed production. Among them: the particle board production line resumed production on February 16, 2025; the fiber board production line has completed the transformation of air compression equipment and resumed production on February 23, 2025.
2024 Annual Results Forecast
Jinggu Forestry (600265.SH): Expected loss of 55 million to 75 million yuan in 2024.
On January 24, Gelonghui announced that Jinggu Forestry (600265.SH) released the performance forecast for the year 2024. The finance department's preliminary estimate indicates that the net income attributable to the owners of the parent company is expected to be between -75 million yuan and -55 million yuan, showing a loss compared to the same period last year. It is anticipated that the net income attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be between -153 million yuan and -119 million yuan.
Yunnan Jinggu Forestry Suspends Operations of Tangxian Huiyin Wood Subsidiary
Jinggu Forestry (600265.SH): A subsidiary has temporarily suspended production.
Gelonghui December 31丨 Jinggu Forestry (600265.SH) announced that, considering recent customer demand, sufficient inventory, equipment maintenance arrangements, and the 2025 Spring Festival holiday, along with Industry practices, the company's holding subsidiary Tangxian Huayin Wood Industry Co., Ltd. (referred to as "Huayin Wood Industry") has planned the following temporary production stoppages: 1. The particle board production line is planned to temporarily stop production soon, with equipment maintenance expected to take 14 days, and the overall temporary stoppage is expected to not exceed 51 days. 2. The fiberboard production line is planned to temporarily stop production soon, with the overall temporary stoppage expected to not exceed 23 days.