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Zhuzhou Huarui Precision Cutting Tools Invests in German Unit to Boost Competitiveness
Huarui Precision (688059.SH): plans to establish a wholly-owned subsidiary and a grandchild company.
Gelonghui November 20th | Huari Precision (688059.SH) announced that, based on its own development plan and operational needs, the company has invested in Hong Kong to establish a wholly-owned subsidiary through its own funds, with a registered capital of 0.01 million Hong Kong dollars. The subsidiary will mainly engage in investment business. At the same time, the Hong Kong subsidiary has invested in establishing a wholly-owned subsidiary in Germany, with a registered capital of 0.025 million euros. The German subsidiary will mainly engage in the trade and sales of cutting tools, tool systems, machinery and machine spare parts, and other technical products; research and development of cutting tools and various tools; research and development of processing technology and technical consulting in the field of cutting technology.
Huarui Precision: Report for the third quarter of 2024
Third Quarter Report 2024
Huarui Precision (688059.SH) released its performance for the first three quarters, with a net income of 77.06 million yuan, a year-on-year decrease of 27.06%.
Huarui Precision (688059.SH) disclosed the third quarter report of 2024, achieving revenue of 5....
Is Now An Opportune Moment To Examine Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. (SHSE:688059)?
Take Care Before Jumping Onto Zhuzhou Huarui Precision Cutting Tools Co.,Ltd. (SHSE:688059) Even Though It's 29% CheaperNo Data
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