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Why Investors Shouldn't Be Surprised By Shanghai W-Ibeda High Tech.Group Co.,Ltd.'s (SHSE:688071) 32% Share Price Surge
Huayi Technology: High-precision inertial navigation products are being delivered in large quantities, and the IMU business in the flying car field is being actively developed. | Direct hit on the earnings conference
① In recent years, HuaYi Technology's net income has been continuously declining with a significant fluctuation. From the fourth quarter of 2023 to the second quarter of this year, it has experienced three consecutive quarters of losses. ② Chairman and CEO of HuaYi Technology, Li Yin, stated at the performance briefing that the high-precision inertial navigation products for smart automobiles are already being delivered in large quantities, and the company is also expanding its IMU business in the flying automobile field.
Huayi Technology (688071.SH): Did not repurchase shares in August.
On August 2, 2024, Hua Yi Technology (688071.SH) announced that the company did not repurchase shares through the Shanghai Stock Exchange trading system in August 2024 using the centralized bidding trading method. As of August 31, 2024, the company has repurchased a total of 306,893 shares of the company through the Shanghai Stock Exchange trading system using the centralized bidding trading method, accounting for 0.36% of the company's total share capital of 84,789,724 shares. The highest price of repurchase transaction was 49.08 yuan/share, the lowest price was 23.38 yuan/share, and the total amount of funds paid was RMB 10,599,050.2.
Shanghai Huayi Technology Group Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Shanghai Huayi Technology Group Co., Ltd.
Huayi Technology (688071.SH): a net loss of 31.73 million yuan in the first half of the year.
On August 30, Gleng definitely disclosed its semi-annual report for 2024, with the company's report period achieving revenue of 0.175 billion yuan, a year-on-year growth of 13.34%. The net profit attributable to the parent company was a loss of 31.73 million yuan, a year-on-year expansion; the non-recurring net profit was a loss of 33.74 million yuan, a year-on-year expansion; and the basic earnings per share was -0.38 yuan.
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