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Express News | China Shipbuilding Industry Group Power Sees Q1 Net Profit up 240.5-410.7% Y/Y
China Shipbuilding Industry Group Power Co., Ltd.'s (SHSE:600482) Stock Price Dropped 9.8% Last Week; Public Companies Would Not Be Happy
China Shipbuilding Industry Group Power Co., Ltd. Performance pre-increase announcement for the first quarter of 2025
China Shipbuilding Industry Group Power (600482.SH): Chairman Li Yong is acting in the role of the company's Board of Directors Secretary.
As of April 3, 2023, China Shipbuilding Industry Group Power (600482.SH) announced that Mr. Shi Jun will have acted as the Secretary of the Board of Directors for 3 months. According to the regulations of the Shanghai Exchange and other relevant laws and regulations, starting from April 8, 2025, the Secretary of the Board of Directors duties will be assumed by the company's Chairman, Mr. Li Yong.
China Shipbuilding Industry Group Power (600482.SH): The Generator product of diesel engine is mainly used in Ships and nuclear emergency applications.
On March 21, Gelonghui reported that China Shipbuilding Industry Group Power (600482.SH) stated on the investor interactive platform that its diesel generator sets are currently mainly used in Ships and nuclear emergency situations, and can also be utilized in Datacenter applications. The company is actively working on obtaining certifications and will focus on developing relevant markets.
China Shipbuilding Industry Group Power (600482.SH): The company's low-speed diesel engines are currently at full production capacity.
Gelonghui reported on March 21 that China Shipbuilding Industry Group Power (600482.SH) stated on the investor interaction platform that the company's low-speed diesel engines are currently operating at full production capacity and are being delivered on schedule according to the production plan. With the upward cycle of Ship in recent years, engine prices have also increased, leading to a rise in gross margin, with the gross margin of the company's diesel engines expected to be around 17% in the first three quarters of 2024.