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CITIC Heavy Industries Report for the Third Quarter of 2024
citic (00267): citic heavy industries plans to make a total provision for impairment of 45.2823 million yuan
Citic (00267) announced that in the third quarter of 2024, Citic Heavy Industries Machinery Co., Ltd. (hereinafter...
Does CITIC Heavy Industries (SHSE:601608) Deserve A Spot On Your Watchlist?
CITIC Heavy Industries Gets Government Grants Worth 45 Million Yuan
citic heavy industries (601608.SH): received government subsidies of 44.8019 million yuan
Gelonghui September 30th | Citic Heavy Industries (601608.SH) announced that the company, as well as its wholly-owned subsidiaries and controlling subsidiaries, received a total of 44.8019 million yuan in government subsidies from November 29, 2023 to September 29, 2024, of which 38.9719 million yuan is related to revenue-related government subsidies, and 5.83 million yuan is related to assets-related government subsidies.
citic heavy industries (601608.SH): has provided escape cabin special high-strength steel cast forgings for the shenzhou spacecraft series for 18 consecutive times.
CITIC Heavy Industries (601608.SH) stated on the interactive platform on September 13th that the company has provided special high-strength steel cast and forgings for the escape cabins of the Shenzhou series spacecraft for 18 consecutive times. It has also provided binding support forgings for connecting the rocket boosters and the main body of the "Long March 5" launch vehicle, and has been awarded special contribution certificates by the China Manned Space Agency multiple times. As a domestic high-end large-scale casting and forging research and development base, CITIC Heavy Industries has widely applied its high-end casting and forging products in aviation, aerospace, nuclear power, hydropower, petrochemical, and metallurgical industries.
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