trio ind elec (01710.HK) plans to collaborate to build and operate ultra-fast charging stations for super flexible optical storage.
Trio Ind Elec (01710.HK) announced that its subsidiary, Deltrix Limited, has signed a strategic partnership agreement with Shenzhen Hailiang Technology. It is reported that the two parties will collaborate on solar storage, direct flexible supercharging stations, and comprehensive solutions in the new energy and new energy automobiles product innovation fields to jointly promote the development of global new energy business. Trio Ind Elec disclosed that the initial focus of the collaboration includes the construction and operation of solar storage direct flexible charging stations in Central Asia, the construction and operation of charging stations for electric taxis in Hong Kong, and the construction of solar storage model rooms domestically, among other projects. In addition, both parties
Toyu Industries (01710.HK) opens its new Central Asia headquarters in Kazakhstan.
CMF Group (01710.HK) announced that its self-developed electric vehicle charging solution, Deltrix, in collaboration with partners, has recently established a new office in Almaty, Kazakhstan, becoming the group's headquarters in Central Asia, marking a milestone in CMF's new energy business development. At the same time, the group has also launched the Sinooil charging station in Almaty, announcing plans to introduce more new energy business such as electric vehicle charging, smart car washing services, and advertising business to each charging station. CMF Group CEO Zhang Jingjing stated that the establishment of the Central Asia headquarters reflects the group's firm commitment to the development of the Central Asia new energy market, expecting to
TRIO IND ELEC: INTERIM REPORT 2024
Performance: Trio Ind Elec (01710.HK) turned from a half-year profit to a loss of 26.88 million yuan.
Trio Industrial Electronics (01710.HK) announced its interim financial performance for the period ending in June this year, with revenue of 0.389 billion yuan, a year-on-year decline of 31.2%. It went from a profit of 19.813 million yuan in the same period last year to a loss of 26.884 million yuan; loss per share was 2.59 cents. No dividend will be distributed.
Huaxi Securities: Leading light industry export enterprises' overseas business growth is promising in the future.
On August 29th, Guolonghui|Huaxi Securities research report pointed out that China's light industry outbound enterprises rely on their global integrated industrial chain layout, perfect supply chain, and efficient organizational management capabilities.
trio ind elec (01710): Huang Guoquan appointed as independent non-executive director.
Trio Industrial Electronics (01710) has announced the following changes, effective from August 28, 2024: Mr. Hou Zhaolan has...
Trio Ind Elec (01710) released its interim results, with a net loss attributable to shareholders of HKD 25.852 million, a year-on-year change from profit to loss.
Trio Industrial Electronics (01710) released its performance for the 6 months ended June 30, 2024, and the group achieved...
TRIO IND ELEC: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
In July, the industry developed rapidly according to Northeast Securities. The weak recovery trend of the general sector continued, and equipment updates are expected to accelerate.
In July, the national industrial value-added of scale enterprises increased by 5.1%, a decrease of 0.2 percentage points compared to the previous period.
Trio Ind Elec (01710.HK) will hold a board of directors meeting on August 28 to approve the mid-term performance.
Trio Ind Elec (01710.HK) announced on August 16th that the board of directors meeting will be held on August 28th, 2024 to consider and approve the mid-term performance of the company and its subsidiaries for the six months ending June 30th, 2024, and to consider the distribution of interim dividends (if any).
TRIO IND ELEC: DATE OF BOARD MEETING
CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
Trio Ind Elec (01710.HK) signed a regional cooperation agreement with alibaba's B2B trading platform.
Trio Ind Elec (01710.HK) announced that its wholly-owned subsidiary, Deltrix, successfully completed a high-level meeting with Alibaba-SW (09988.HK) (BABA.US)'s B2B trading platform, 1688.com, and has recently signed a regional cooperation agreement. Alibaba will join Deltrix to jointly promote the e-commerce business of new energy automobiles, auto parts, and car ecosystem in Central Asia. The cooperation will focus on supply chain integration, market expansion, technology and service export, and localization operation, centering around the new energy auto industry.
The expected loss for Trio Ind Elec (01710.HK) in the first half of the year is at least 25 million yuan according to the profit warning.
Trio Ind Elec (01710.HK) issued a profit warning, with an expected loss of between 25 million and 35 million yuan for the six months ending in June, compared to a profit of 21.7 million yuan in the same period last year. This is mainly due to the overall slowdown in economic growth in Europe and North America, which has led to persistent low demand for the group's main products, as well as an increase in administrative expenses.
Trio Industrial Electronics Group Expects to Widen Losses in Six Months Ended June 30
Trio Ind Elec (01710.HK) Profit Warning: Expected Mid-Term Loss of HKD 25 million to HKD 35 million.
Trio Ind Elec (01710.HK) announced on July 12th that the company expects to record a loss attributable to equity holders of approximately HKD 25 million to HKD 35 million for the six months ended June 30, 2024, while the same period last year recorded a profit attributable to equity holders of approximately HKD 21.7 million. The expected loss is mainly due to: (i) the overall slowdown of economic growth in Europe and North America, leading to sustained weak demand for the group's main products in the European and North American markets; and (ii) increased administrative expenses, due to (a) the departure of former directors.
TRIO IND ELEC: PROFIT WARNING
Trio Ind Elec (01710.HK) appointed Zhang Jingjing as the executive president.
Trio Ind Elec (01710.HK) announced that Mr. Guan Canguang resigned as the company's CEO due to his reduced involvement after retirement. The board of directors is pleased to announce that Ms. Zhang Jingjing will be appointed as the company's CEO, effective from July 2, 2024.
Trio Ind Elec (01710.HK) subsidiary has reached a strategic cooperation with an advertising company in Kazakhstan.
Trio Ind Elec (01710.HK) announced that its wholly-owned subsidiary DELTRIX (Kazakhstan) LIMITED has reached a strategic partnership agreement with Star Media on the 24th of this month. It is reported that DELTRIX (Kazakhstan) LIMITED will enter the offline electric vehicle charging station advertising business in Kazakhstan through Star Media, and the first batch of advertising business will be launched in 46 petrol stations under China Petroleum (00857.HK) brand. Trio Ind Elec states that this cooperation is beneficial for Trio Ind Elec.
Deltrix of Chilwee Industrial Limited (01710.HK) and Sinooil cooperate on charging piles and electric vehicle charging stations in Kazakhstan.
Fufeng Industry (01710.HK) announced that its wholly-owned subsidiary Deltrix (Kazakhstan) has recently signed a comprehensive cooperation agreement with Sinooil, a finished oil terminal sales company established by PetroChina and local enterprises in Kazakhstan, and will deploy charging stations, establish electric vehicle charging stations, and related supporting facilities at 143 self-operated gas stations nationwide in Kazakhstan managed by Sinooil.