Last year, electromagnetic wire contributed over 40% of the profits. Gold cup Electric Apparatus: it is expected that the new capacity of 6,000 tons for the flat electromagnetic wire Phase III will be added in Q2 | Interpretations.

① The demand for electromagnetic wire is strong, and the company's revenue in 2024 is expected to grow by 15.54% year-on-year; the Net income attributable to the parent company is expected to grow by 8.78% year-on-year. ② The expansion of production capacity for the special flat electromagnetic wire for New energy Fund Electric Machine by Jinbei is progressing, with the first batch of 6000 tons of capacity expected to be gradually released in Q2 of this year.

cls.cnMar 28 10:44 ET

Shanghai Electric Group: The 2024 annual report shows a surge in Orders but a decline in profits, and the risk of accounts receivable remains a concern.

Shanghai Electric Group 2024 Annual Report: A surge in orders cannot hide the decline in profits, and the risk of accounts receivable remains a concern. Key points summarizing financial performance: In 2024, total operating income reached 116.186 billion yuan, a slight increase of 1.2% year-on-year; Net income attributable to shareholders was 0.752 billion yuan, down 6.3% from the restated profit of 0.803 billion yuan in 2023; Basic EPS was 0.048 yuan, lower than the restated 0.052 yuan from the previous year. Gross margin was 18.6%, showing slight improvement. The Board of Directors recommends not to distribute a final dividend for the fiscal year 2024. Progress in core business: Revenue from Energy equipment.

wallstreetcnMar 28 08:58 ET

Ningbo Joyson Electronic Corp. announces the long-term plan for Siasun Robot&Automation development, addressing the strategic considerations behind the adjustment of overseas business | Insights from the Earnings Conference.

① The company has for the first time classified robots as Global Strategy Business and proposed a long-term development plan; ② The company's overseas Business restructuring and adjustment will impact short-term performance in 2024; ③ The company responded to the subsequent effects of the overseas restructuring, stating that capacity transfer is an inevitable trend.

cls.cnMar 28 07:26 ET

Last year's revenue was nearly 70 billion yuan. Lens Technology plans to accelerate its Global layout this year | Interpretations.

① In 2024, Lens Technology's revenue increased by 28.27% year-on-year, and net income grew by 19.94% year-on-year. ② This year, the company will continue to improve its global production capacity layout, including Southeast Asia and North America.

cls.cnMar 27 21:02 ET

Are Hong Kong stock Autos stocks on the same page? After BYD and Xiaomi, NIO is also going to allocate shares!

Nio announced the launch of a "lightning" placement in Hong Kong, planning to issue up to 0.11879 billion Class A common shares at a price of HK$29.46 per share, which represents a discount of approximately 9.5% compared to its latest closing price in Hong Kong. Previously, BYD announced a lightning placement of H shares to raise HK$43.383 billion, the largest scale in the history of the Global Autos Industry. Xiaomi also announced a fundraising of up to US$5.3 billion through a method of issuing existing shares before new ones.

wallstreetcnMar 27 08:13 ET

Under the warming of emotions, the concept of price increases continues to ferment, pay attention to the continuity of Siasun Robot&Automation and deep-sea Technology repairs.

Track the entire lifecycle of the main Sector.

cls.cnMar 26 21:24 ET