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Jiangsu Canlon Building Materials (300715): The first year of transformation for testing equipment. Bullish on the company's performance and valuation growth potential.
On January 7, 2025, Jiangsu Canlon Building Materials announced that it signed a framework agreement with Suzhou Silicolor Optoelectronics, Suzhou Huacai, Suzhou Yuancai, and Mr. Chen Xianfeng, where Jiangsu Canlon Building Materials will purchase no more than 51% equity of the target company in cash.
Express News | Jiangsu Canlon Building Materials: Lu Lijun plans to reduce his shareholding by no more than 2.43% of the company's shares.
Jiangsu Canlon Building Materials (300715): Significant impairment affects performance, external mergers and acquisitions expand new growth points.
Investment highlights: The company released the 2024 annual report and the Q1 report for 2025. In 2024, the company achieved revenue of 2.38 billion yuan, down 15.02% year-on-year; net income attributable to shareholders was -0.539 billion yuan; 2025 Q1.
Jiangsu Canlon Building Materials (300715) 2024 annual report and 2025 first quarter report commentary: Q1 Operation bottom Cash / Money Market significantly improved.
Event: Jiangsu Canlon Building Materials released the annual report for 2024 and the first quarterly report for 2025. In 2024, the company achieved revenue/Net income/non-recurring Net income of 2.38/-0.54/-0.57 billion yuan, with a year-on-year decline of 15.0% and a loss.
Karen Shares: Report for the first quarter of 2025
Karen Shares: 2024 Annual Report