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Does The Market Have A Low Tolerance For SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD's (SHSE:601399) Mixed Fundamentals?
Sinomach Heavy Equipment Group (601399.SH): The company's new order volume has increased year by year, reaching a historical high.
On June 18th, Guolonghui reported that Sinomach Heavy Equipment Group (601399.SH) stated on the investor platform that the company's operations are normal. The company's business development trend continues to improve, achieving double growth in operating income and net income for four consecutive years. In 2023, operating income exceeded 10 billion yuan for the first time. In the first quarter of 2024, operating income increased by 11.58% year-on-year, and net income attributable to shareholders of the listed company increased by 33.76% year-on-year. The company's new orders have increased year by year, reaching a historical high, and the proportion of high value-added projects has significantly increased. The order structure and quality continue to be optimized.
Subdued Growth No Barrier To SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD's (SHSE:601399) Price
Sinomach Heavy Equipment CFO Retires
China Machinery Heavy Equipment (601399.SH): Chief Financial Officer Lu Deheng Resigns
Zhitong Finance App News, China Machinery Heavy Equipment (601399.SH) issued an announcement. The company's board of directors recently received a written resignation report submitted by the company's financial director Lu Deheng. Lu Deheng resigned as the company's financial director due to his retirement age.
China Machinery Heavy Equipment (601399.SH): successfully developed the first domestic FB2 medium voltage rotor for the 660MW ultra-supercritical unit
Gelonghui, May 10, 丨 China Machinery Heavy Equipment (601399.SH) said on the investor interactive platform that the company successfully developed the FB2 high-pressure rotor for the first localized 1000MW ultra-supercritical unit in November 2022. In April of this year, the first domestically produced FB2 medium voltage rotor for the 660MW ultra-supercritical unit was successfully developed. All inspection indicators have reached the international advanced level, filling the domestic gap. The company is currently the only domestic enterprise with the ability to manufacture FB2 rotors, and has developed a stable and mass production capacity. The current product market is in high demand, and the development prospects are good.
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