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Risks To Shareholder Returns Are Elevated At These Prices For Shanghai Tianyong Engineering Co., Ltd. (SHSE:603895)
Shanghai Tianyong Engineering (603895.SH): Shareholder Chen Lihong has reduced their shareholding by a total of 0.9228 million shares of the company.
On February 18, Gelonghui reported that Shanghai Tianyong Engineering (603895.SH) announced that on February 18, 2025, it received a notification letter from Shareholder Chen Lihong regarding the Shareholding reaching an integer multiple of 1%. From January 22, 2025, to February 18, 2025, Chen Lihong reduced her Shareholding by a total of 0.9228 million shares through centralized auction Trade, accounting for 0.85% of the company's total shares.
Tianyong Engineering Bags Assembly Line Project for 52 Million Yuan
Shanghai Tianyong Engineering (603895.SH): Awarded the contract for the 2024 Jintan H4J15 assembly line capacity upgrade project of 0.54 million units per year (Phase I and Phase II).
On February 12, Glonghui reported that Shanghai Tianyong Engineering (603895.SH) announced that it had recently received the bid notice from Jiangsu Jiafeng Engineering Consulting Co., Ltd. regarding the 2024 Jintan H4J15 assembly line capacity upgrade project of 0.54 million units per year (Phase I and Phase II). Shanghai Tianyong Engineering Equipment Co., Ltd. has been confirmed as the winning bidder for the "2024 Jintan H4J15 assembly line capacity upgrade project of 0.54 million units per year (Phase I and Phase II)." The bid amounts are: Phase I 31 million yuan, Phase II 21 million yuan.
2024 Annual Results Advance Loss Announcement
Shanghai Tianyong Engineering (603895.SH): Projected loss for 2024 is between 0.15 billion yuan and 0.19 billion yuan.
Gelonghui January 24丨Shanghai Tianyong Engineering (603895.SH) announced the performance forecast for 2024, expecting a net income attributable to shareholders of the listed company to be between -190 million yuan to -150 million yuan. The company expects the net income attributable to the listed company, excluding non-recurring gains and losses, to be between -196 million yuan to -156 million yuan.
Unpleasant Surprises Could Be In Store For Shanghai Tianyong Engineering Co., Ltd.'s (SHSE:603895) Shares