603997 Ningbo Jifeng Auto Parts
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Ningbo Jifeng Auto Parts News
CTP Signs Deal With Grammer Jifeng Automotive Seating CZ for New 21,000 Sqm Industrial Facility in Czech Republic
Ningbo Jifeng Auto Parts (SHSE:603997) May Have Issues Allocating Its Capital
Research Report Gold Digging丨China Merchants: Maintain Ningbo Jifeng Auto Parts "Shareholding" rating, with clear long-term and short-term development logic.
China Merchants Research Reports point out that Ningbo Jifeng Auto Parts (603997.SH) has a clear short-term and long-term development logic. The short-term performance relies on the improvement of Grammer's performance. With the continued mass production of passenger vehicle seat projects, the exploration of new projects, the gradual expansion of various new businesses of the headquarters, and the improvement of profitability in Grammer's overseas regions, the company's leading and growth attributes remain bullish. Expected net income attributable to the parent company from 2024 to 2026 is -0.45/0.78/1.11 billion yuan, maintaining a "Shareholding" investment rating. Since 2024, the company has been reorganizing internally, and Grammer will systematically implement measures to improve efficiency and reduce costs.
Jifeng Auto Parts Secures Front Seat Assembly Supply Deal; Shares Up 4%
Ningbo Jifeng Auto Parts (603997.SH): has been designated for the Passenger Vehicle seat assembly project.
On December 10th, Gelonghui reported that Ningbo Jifeng Auto Parts (603997.SH) announced that its wholly-owned subsidiary Ningbo Jifeng Seats (Hefei) recently received a "Notice of Designation" from a customer. Ningbo Jifeng Seats (Hefei) has been selected for the seat assembly project of a leading OEM (name cannot be disclosed due to confidentiality agreement) and will develop and produce front seat assembly products for the customer. According to the customer’s plans, mass production of this project is expected to start in August 2025, with a project lifecycle of 5 years and an estimated total lifecycle amount of 0.74 billion yuan. This newly awarded project is for the customer’s new vehicle model being designated to the company once again.
It's A Story Of Risk Vs Reward With Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997)
Jifeng Auto Parts Holds Talks to Determine Final Selling Price for US Unit
ningbo jifeng auto parts (603997.SH): intends to use the raised funds to increase the capital of shanghai seat by 0.21 billion yuan to implement the investment fundraising project
Gelonghui, November 25丨Ningbo Jifeng Auto Parts (603997.SH) announced that to promote the smooth implementation of the "Ningbo Beilun annual production of 10 million sets of auto air outlet R&D and manufacturing project," the company plans to use the raised funds to increase investment in the project implementation entity Shanghai Seats by 210 million yuan, for the implementation of the fundraising project. The aforementioned raised funds must not be used for other purposes. If the raised funds for the above project are insufficient to pay the increase amount this time, the company will invest its own funds.
Ningbo Jifeng Auto Parts (SHSE:603997) Delivers Shareholders Favorable 13% CAGR Over 5 Years, Surging 14% in the Last Week Alone
Jifeng Co., Ltd.: Report of Jifeng Co., Ltd. for the third quarter of 2024
Jifeng Co., Ltd. 2024 Third Quarter Report
ningbo jifeng auto parts (603997.SH) released the performance for the first three quarters, with a net loss of 0.532 billion yuan
ningbo jifeng auto parts (603997.SH) released the third quarter report for 2024, during the reporting period the company achieved revenue...
ningbo jifeng auto parts (603997.SH): a net loss of 0.532 billion yuan in the first three quarters.
Gelonghui, October 30th | Ningbo Jifeng Auto Parts (603997.SH) announced that in the first three quarters of 2024, it achieved a total operating income of 16.906 billion yuan, a year-on-year increase of 6.07%; net income attributable to shareholders of the parent company was -0.532 billion yuan; basic earnings per share was -0.45 yuan.
Ningbo Jifeng Auto Parts Co., Ltd.'s (SHSE:603997) Market Cap Dropped CN¥783m Last Week; Private Companies Bore the Brunt
Ningbo Jifeng Auto Parts (603997.SH): It is planned to use the raised funds to increase capital to fully-owned subsidiaries to implement the investment projects.
GruntNet October 15 丨 Ningbo Jifeng Auto Parts (603997.SH) announced that in order to promote the smooth implementation of the project to build a production base for 0.8 million sets of passenger vehicle seat assemblies annually, the company plans to first use the funds raised to increase the capital of its first-tier wholly-owned subsidiary, Shanghai Jifeng Seat Co., Ltd. (referred to as "Shanghai Seat"), by 100 million yuan. After Shanghai Seat receives this capital increase, it will then increase the capital of the company's second-tier wholly-owned subsidiaries, the main implementers of the fundraising project, Jifeng Seat (Hefei) and Jifeng Seat (Changzhou), with a total capital increase of 100 million yuan to be used for the implementation of the fundraising project. In order to further ensure the smooth progress of the fundraising project and enhance
Ningbo Jifeng Auto Parts (603997.SH): 0.1 billion shares of restricted shares will be lifted on October 21.
Gelonghui on October 14th Ningbo Jifeng Auto Parts (603997.SH) announced that the total number of shares listed this time is 0.1 billion shares. The date of the stocks listing is October 21, 2024.
Ningbo Jifeng Auto Parts (603997.SH): The company's passenger vehicle products are not limited to vehicle energy sources.
Gelonghui October 14 | Ningbo Jifeng Auto Parts (603997.SH) stated on the investor interaction platform that the company's passenger vehicle products are not limited to vehicle energy sources, both electric vehicles and traditional rbob gasoline vehicles can be supported. In recent years, with the rapid increase in the penetration rate of electric vehicles, the company has also closely followed the industry trend, actively exploring more new energy fund customers. In the future, the company will continue to strengthen cooperation with different car manufacturers, actively supporting the development of autos.
Ningbo Jifeng Auto Parts (SHSE:603997) Has A Somewhat Strained Balance Sheet
Chinese Stocks Rise on Surprise Repo Rate Cut; Darbond Technology Soars 14%
Jifeng Auto Parts to Sell US Unit for $40 Million; Shares Up 3%
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