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Wuxi Zhenhua: Announcement on the 2024 pre-increase in performance
Announcement on the advance increase in 2024 results
Wuxi Zhenhua (605319.SH): It is expected that the net income for the fiscal year 2024 will grow by 37.07% to 50.05% year-on-year.
Gelonghui January 19丨Wuxi Zhenhua (605319.SH) announced that, according to preliminary calculations by the finance department, it is expected that in 2024 the net income attributable to shareholders of the listed company will be between 380 million yuan and 416 million yuan, representing an increase of 37.07% to 50.05% compared to the same period last year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 375 million yuan and 400 million yuan, representing an increase of 41.00% to 50.40% compared to the same period last year. The announcement stated that as new projects gradually go into production, market Orders are sufficient.
Wuxi Zhenhua (605319.SH): The wholly-owned subsidiary in Wuhan has obtained the "Project Filing Certificate."
On January 7, Glory Online reported that Wuxi Zhenhua (605319.SH) announced that its wholly-owned subsidiary, Wuhan Zhenhua Hengshengxiang Auto Parts Co., Ltd. (referred to as "Wuhan Hengshengxiang"), recently obtained the "Project Filing Certificate" issued by the Development and Reform Bureau of Wuhan Economic and Technological Development Zone (Hannan District) (registered project code: 2501-420113-04-01-809534). This external investment is a careful decision made by the company based on long-term development, and the source of funds for the investment in the new energy auto parts project by Wuhan Hengshengxiang will be its own or self-raised funds, which will not affect the company's financial and operational situation.
Zhenhua Auto Parts to Build New Energy Auto Factory for 250 Million Yuan
Wuxi Zhenhua (605319.SH): Subsidiary plans to invest in the construction of a New energy Fund Auto Parts project.
On January 3, Glonghui reported that Wuxi Zhenhua (605319.SH) announced it will invest in a New energy Fund project to obtain more Orders, break through its own capacity bottleneck, enhance customer loyalty, and strengthen market development and Business expansion capabilities. Wuxi Zhenhua Auto Parts Co., Ltd.'s wholly-owned subsidiary Wuhan Hengshengxiang will invest a total of 250 million yuan in the project. By renovating (expanding) the existing factory of Wuhan Hengshengxiang, it will increase Automation Equipment such as stamping and welding for the production of steel and Aluminum auto body components and assemblies for new energy vehicles.
