Leader Harmonious Drive Systems (688017.SH): plans to invest 75.8456 million yuan of the excess raised funds into the "next generation precision transmission device Intelligent Manufacturing project."

On February 28, Gelonghui reported that Leader Harmonious Drive Systems (688017.SH) held the fifth meeting of the third Board of Directors and the fourth meeting of the third Board of Supervisors on February 28, 2025. They reviewed and approved the proposal regarding using the remaining oversubscribed funds for the 'Next Generation Precision Transmission Device Intelligent Manufacturing Project', agreeing to allocate part of the excess raised funds amounting to 75.8456 million yuan to the 'Next Generation Precision Transmission Device Intelligent Manufacturing Project'.

Gelonghui FinanceFeb 28 05:31 ET

Leader Harmonious Drive Systems (688017.SH): The net income for 2024 is 56.97 million yuan, a decrease of 32.29% year-on-year.

Glory Finance reported on February 27 that Leader Harmonious Drive Systems (688017.SH) announced its performance summary for 2024. In 2024, the company achieved revenue of 385.87 million yuan, an increase of 8.34% compared to the previous year; the total profit was 60.53 million yuan, a decrease of 33.89% year-on-year; the net income attributable to the parent company was 56.97 million yuan, a decrease of 32.29% compared to last year; the basic EPS was 0.3369 yuan, a decrease of 32.51% compared to the previous year. In 2024, the company's revenue achieved steady growth, reaching 385.87 million yuan, a year-on-year increase of 8.34%.

Gelonghui FinanceFeb 27 06:07 ET

Insider Purchase: Director at $HLIT Buys 1,000 Shares

Quiver QuantitativeFeb 24 20:46 ET

Companies Like Third Harmonic Bio (NASDAQ:THRD) Are In A Position To Invest In Growth

Yahoo FinanceFeb 23 08:12 ET

We Think You Can Look Beyond Harmonic's (NASDAQ:HLIT) Lackluster Earnings

Yahoo FinanceFeb 22 09:42 ET

Citic Pacific Special Steel Group (000708.SZ): Products have already been applied to two of the five largest Harmonic reducer manufacturers in the Global market.

On February 21, Gelonghui reported that Citic Pacific Special Steel Group (000708.SZ) stated on the investor interaction platform that the company always focuses on cutting-edge Technology. In the field of Siasun Robot&Automation manufacturing, the steel produced for Harmonic reducers has successfully replaced imports, overcoming the production challenges of key components for robots. The products have already been applied by two of the top five Global Harmonic reducer manufacturers.

Gelonghui FinanceFeb 21 04:00 ET