Jinxi Axle's 2024 interim performance forecast.

Sensex a shareJul 10 12:00 ET · Announcements

Jinxi Axle (600495.SH): expected loss of 19 to 23 million yuan in the first half of the year.

On July 10th, Gelunhui reported that Jinxi Axle (600495.SH) announced its 2024 half-yearly performance forecast. According to preliminary calculations by the finance department, it is expected to achieve a net loss attributable to shareholders of the listed company of -19 to -23 million yuan during the first half of 2024 and will experience losses. The expected net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses during the first half of 2024 is -50 million yuan to -54 million yuan. The company's main product sales and corresponding sales revenue were impacted by factors such as market demand and order delivery during the first half of 2024.

Gelonghui FinanceJul 10 04:44 ET

Jinxi Axle (600495.SH): The tracking of axles used in self-owned electric multiple units with a speed of 350 kilometers per hour is proceeding as planned.

Jinxi Axle (600495.SH) stated on their investor interaction platform on July 8 that the tracking of the axles used in the 350km/h autonomous train sets is progressing as planned and they are currently running smoothly.

Gelonghui FinanceJul 8 03:33 ET

Jinxi Axle (600495.SH): Received government subsidies of 2.0389 million yuan.

Jinxi Axle (600495.SH) announced on June 28th that from March 27th, 2024 to June 28th, 2024, Jinxi Axle Co., Ltd. and its wholly-owned subsidiary Jinxi Railway Vehicles Co., Ltd. received a total of RMB 2,038,900.00 in government subsidies related to revenue, accounting for 10.02% of the net income of the audited consolidated financial statements for the year 2023.

Gelonghui FinanceJun 28 09:03 ET

Jinxi Axle (600495.SH): Currently, the longest running mileage of the small batch of EMU axles that the company has installed and used has reached 500,000 kilometers.

Jinxi Axle (600495.SH) stated on the investor platform on June 17th that the small batch of EMU axles currently in use by the company have a maximum running distance of 500,000 kilometers, and their operating status is good with no abnormalities. The company will continue to do a good job of tracking the use according to relevant requirements. It is understood that at present, there are only two enterprises in China, including our company, that fully have the production qualification of domestically produced EMU axles. The subsequent scale will depend on the specific market conditions, and the company will focus on expanding the market for EMU axles with the firm growth in the purchase of domestic high-speed EMUs this year.

Gelonghui FinanceJun 17 06:48 ET

Jinxi Axle (600495.SH) plans to distribute a dividend of 0.012 yuan per share in 2023. The ex-rights and ex-dividend date is June 12th.

Jinxi Axle (600495.SH) announcement, the company plans to distribute cash dividends of 0.012 yuan per share for the fiscal year 2023.

Zhitong FinanceJun 3 07:07 ET