688280 Jing-Jin Electric Technologies
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Jing-Jin Electric Technologies News
Jingjin Electric (688280.SH): The product has not been applied to self-driving cars on the Running Carrots platform.
Jingjin Electric (688280.SH) stated on the investor interactive platform on July 22 that its products have not been applied to self-driving cars such as the Robo-Taxi.
Seijin Electric (688280.SH): Currently, the main electric drive system projects in mass production include FAW's pure electric and hybrid models
Gelonghui, May 23丨Jingjin Electric (688280.SH) said on the investor interactive platform that the company's main electric drive system projects are currently mass-produced by FAW's pure electric and hybrid models, SAIC's hybrid models, Chery's hybrid model platforms, and BAIC off-road range extendable model platforms (including silicon carbide controllers). Overseas, there are two Strantis Group projects, one supporting a hybrid model platform and the other supporting a pure electric platform.
Jingjin Electric (688280.SH) does not plan to distribute profits in 2023
According to Zhitong Finance App News, Jingjin Electric (688280.SH) issued an announcement. Since the company achieved negative net profit attributable to the owner of the parent company in 2023, and the company's cumulative undistributed profit as of December 31, 2023, it has not yet met the relevant provisions of the “Jingjin Electric Technology Co., Ltd. Constitution” profit distribution conditions. After comprehensively considering factors such as the company's operation, returns to all shareholders and future development, the company plans not to distribute profits in 2023.
Precision Electric (688280.SH): The silicon carbide controller exported to Europe has now reached the final inspection and testing stage
Gelonghui, May 14 | Jingjin Electric (688280.SH) said on the investor interactive platform that the company currently supplies a platform product for Chery. For Jingjin, the product has only two specification types (2 motors, 1 drive motor, 1 generator), corresponding to multiple models of Chery's hybrid platform, involving brands such as Arrizo, Tiggo, Fengyun, Starway, and export products. Please understand that due to customer requirements, the company cannot disclose specific models. Customers have been releasing these models one by one since Q4 '23. Regarding silicon carbide controllers exported to Europe, they have now arrived
Jingjin Electric (688280.SH) announced first-quarter results with a net loss of 120 million yuan
According to the Zhitong Finance App, Jingjin Electric (688280.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 275 million yuan, an increase of 54.42% over the previous year; a net profit loss of 120 million yuan to mother; and a loss of 137 million yuan in non-net profit. Basic earnings per share -0.2 yuan.
Jingjin Electric (688280.SH): 2023 net profit - $577 million
On April 25, Ge Longhui Electric (688280.SH) released its 2023 annual report, achieving operating income of 866 million yuan, a year-on-year decrease of 15.13%; net profit attributable to shareholders of listed companies - 577 million yuan, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 611 million yuan, and basic earnings per share - 0.98 yuan.
Seijin Electric (688280.SH): No projects involving flying cars
Gelonghui March 19 丨 Jingjin Electric (688280.SH) said on the investor interactive platform that the company has no flying car projects.
Jing-jin Electric Technologies Co.,Ltd.'s (SHSE:688280) 28% Price Boost Is Out Of Tune With Revenues
Jingjin Electric (688280.SH): Currently supplied to FAW, mainly some electric and hybrid models in the Hongqi series
Gelonghui March 6 | Jingjin Electric (688280.SH) said on the investor interactive platform that the company currently supplies FAW, mainly some electric and hybrid models in the Hongqi series.
Seijin Electric (688280.SH): Plans to start mass production of silicon carbide controllers exported to Europe in 2024
Gelonghui March 6 丨 Jingjin Electric (688280.SH) said on the investor interactive platform that in 2024, the company plans to begin mass production of silicon carbide controllers exported to Europe and a controller product for commercial vehicles produced by a North American company. The domestic project mainly involves mass production of a hybrid assembly to support BAIC passenger car products. Also, since the North American company mass-produced a 3-in-1 assembly in 2023, and in the fourth quarter of 2023, the company mass-produced domestic Chery and SAIC projects, 2024 will be the year of climbing and releasing these products.
Precision Electric (688280.SH): The electric drive system can be used with hydrogen energy vehicles and has been supplied to hydrogen energy vehicles
Gelonghui March 4 | Jingjin Electric (688280.SH) said on the investor interactive platform that the company's electric drive system can be used with hydrogen energy vehicles and has already been supplied to hydrogen energy vehicles.
Seijin Electric (688280.SH): Electric motorcycles have been mass-produced
Gelonghui, Feb. 29丨Jingjin Electric (688280.SH) said on the investor interactive platform that electric motorcycles have already been mass-produced.
Chinese Stocks Rebound Over Positive Sentiment on AI Industry; Jing-Jin Electric Technologies Jumps 6%
Jing-Jin Electric Technologies to Supply Automotive Equipment for International Client
Jingjin Electric (688280.SH): Secured the target for a three-in-one electric drive assembly project in the European market from a leading global automaker
Gelonghui, Feb. 23 | Jingjin Electric (688280.SH) announced that the company recently obtained a target for a leading global vehicle customer to supply a 3-in-1 electric drive assembly project for the European market through bidding and signed a related supply contract with it. The company was selected for a three-in-one electric drive assembly project in the European market by one of the world's leading automotive customers. The company will supply three-in-one electric drive assemblies in batches to the vehicle customer's European vehicle assembly plant to support its pure electric passenger vehicle platform. The development cycle is 3 years, the expected official batch production time is 2027, and the project product life cycle is 6 years.
Jingjin Electric (688280.SH) Performance Report: Net loss of 552 million yuan in 2023
Gelonghui, Feb. 23 | Jingjin Electric (688280.SH) announced its 2023 annual performance report. During the reporting period, the company's total operating revenue was 841 million yuan, a year-on-year decrease of 17.61%; net profit attributable to owners of the parent company was 552 million yuan, a year-on-year decrease of 42.25%; net profit attributable to owners of the parent company after deducting non-recurring gains and losses - 624 million yuan, a year-on-year decrease of 37.96%; basic earnings per share -0.94 yuan, a year-on-year decrease of 42.25%.
Jingjin Electric (688280.SH): Manufactured in Beijing to support Volkswagen Commercial Vehicle Group MAN and Scania silicon carbide controllers
Gelonghui, Feb. 22丨Jingjin Electric (688280.SH) said on the investor interactive platform that the company is supplying silicon carbide controllers from Volkswagen Commercial Vehicle Group Mann and Scania in Beijing.
Jingjin Electric (688280.SH): No business cooperation with Xiaomi
Gelonghui, Feb. 22丨Jingjin Electric (688280.SH) said on the investor interactive platform that the company has no business cooperation with Xiaomi.
Risks Still Elevated At These Prices As Jing-jin Electric Technologies Co.,Ltd. (SHSE:688280) Shares Dive 29%
Jingjin Electric (688280.SH): Expected net loss of 450 million yuan to 601 million yuan in 2023
On January 29, Gelonghui Electric (688280.SH) announced that according to preliminary estimates by the finance department, it is expected to achieve operating income of 769 million yuan to 90 million yuan in 2023, a decrease of 126.6829 million yuan to 251.6829 million yuan compared with the same period last year, and a decrease of 11.82% to 24.66% compared with the same period last year. There will be a loss in net profit attributable to the owner of the parent company. Net profit attributable to the owner of the parent company is expected to be between RMB 601 million and RMB 450 million, a decrease of 6,164.65 compared with the same period last year
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