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sijin intelligent forming machinery (003025.SZ): Multi-station intelligent precision warm upset forming equipment has entered the substantial research and development stage.
Gelonghui November 5th | Sijin Intelligent (003025.SZ) stated in investor relations that the company's multi-station intelligent precision warm/hot forging equipment has entered a substantial development stage: one prototype (SJHBF-502L) has been completed (currently in the trial sample stage: using the machine to trial-produce samples, the sample is a high-strength external hexagon bolt, model M42×420, with a diameter of 42mm, a length of 420mm, and a weight of about 5.5Kg), with another prototype (SJHF-804) currently in trial production. High-speed precision hot forming technology, similar to cold forming technology, is based on plasticity.
sijin intelligent forming machinery (003025.SZ): has successfully developed a series of eight models including SJBP-88S complex part cold forming machine
Gelonghui November 5th │ sijin intelligent forming machinery (003025.SZ) stated in investor relations that in 2023, the company has successfully developed eight station series models such as SJBP-88S complex parts cold forming machine, SJBP-108S multi-link precision parts cold forming machine, SJBP-138L, SJBP(H)-168S, and SJBP(H)-208L precision asia vets cold heading forming equipment. In 2024, according to the customized needs of downstream customers' products, the degree of product serialization will be further improved. In addition, the company has also completed the SJBL-108R lengthening and flattening process.
Sijin Intelligent Forming Machinery (003025.SZ): In 2023, overseas sales mainly focused on countries such as India, Thailand, Turkey, Egypt, Brazil, and Argentina.
In November 5th, Gelonhui reported that sijin intelligent (003025.SZ) stated in investor relations that in 2023, the company's overseas sales are mainly concentrated in countries such as India, Thailand, Turkey, Egypt, Brazil, and Argentina. The company usually receives payments for export business through telegraphic transfer and irrevocable sight letter of credit; the company generally requires overseas customers to pay a deposit after signing the contract, and the remaining amount to be paid before shipment. The company's overseas order delivery usually adopts FOB terms, and the marine transportation costs are borne by the customers.
Sijin Intelligence: Report for the third quarter of 2024
sijin intelligent forming machinery (003025.SZ) net income was 0.153 billion yuan in the first three quarters, a year-on-year increase of 133.71%.
Grainy October 29th, Sijin Intelligent (003025.SZ) released the third quarter report of 2024, achieving revenue of 0.466 billion yuan in the first three quarters, a year-on-year increase of 46.81%; net income of 0.153 billion yuan, a year-on-year increase of 133.71%. In the third quarter alone, revenue reached 0.154 billion yuan, a year-on-year increase of 47.58%; net income was 32.2049 million yuan, a year-on-year increase of 59.96%.
Sijin Intelligence: Earnings Forecast for the First Three Quarters of 2024
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