Express News | China Aerospace Times Electronics: Increase capital by 0.177 billion yuan for the holding subsidiary China Aerospace Changzheng Rocket Technology Co., Ltd.
Increase equipment production capacity, China Aerospace Times Electronics plans to invest over 100 million yuan in the Drone project under construction. | Quick read announcement.
① China Aerospace Times Electronics intends to enhance the equipment production capacity for the Yanqing Drone project; ② This planned increase is over 100 million yuan.
China Aerospace Times Electronics (600879.SH): The Aerospace Feihong Company intends to adjust the investment scale for the first phase of the construction project of the Yanqing Drone Equipment Industrial Base.
On December 13th, 2023, China Aerospace Times Electronics (600879.SH) announced that the company will hold its fourteenth Board of Directors meeting and the seventh Supervisory Board meeting for 2024 on December 13th, 2024. They reviewed and approved the "Proposal on Adjusting the Investment Scale of Phase I Construction Project of the Yanqing Drone Equipment Industrial Base of Aerospace Times Feihong Technology Co., Ltd.", agreeing to optimize and adjust the content of the Yanqing base construction project implemented by Aerospace Feihong Company in the fundraising project of the A-shares issued to specific objects in 2021.
China Aerospace Times Electronics (600879.SH): Plans to increase the capital of 100% equity in a laser navigation company and 100% equity in Xinghua Technology Company to Shidai Optoelectronics Company.
According to Gelonghui on December 13, China Aerospace Times Electronics (600879.SH) announced that the company plans to increase the capital of its 100% equity in the laser navigation company and 100% equity in Xinghua Technology to Times Optical Company. Times Optical Company's other shareholder, China Aerospace Investment Holding Co., Ltd., has promised to waive proportional capital increase. The value of the assets for this capital increase and the price will be determined based on the net asset assessment value of Times Optical Company, the laser navigation company, and Xinghua Technology Company as of March 31, 2024, with the capital increase price set at 3.4771 yuan (corresponding to each one yuan registered capital) for the 100% equity of the laser navigation company.
Express News | China Aerospace Times Electronics: Director Tang Lei resigned due to changes in work.
Shenzhen jt automation equipment (300400.SZ): The terminal application fields of electronic assembly equipment include communication electronics, consumer electronics, auto electronics, home appliance electronics, and aviation aerospace electronics.
On December 5, Glonghui reported that shenzhen jt automation equipment (300400.SZ) stated in its investor relations that the company's electronic assembly equipment terminal application fields include communication electronics, consumer electronics, auto electronics, home appliance electronics, and aviation electronics, with clients including well-known terminal brand manufacturers and large manufacturing enterprises, as well as publicly listed companies in these sectors. According to historical data, the company has cumulatively served about 6,000 clients to date, with rich client resource reserves and good customer stickiness, having established long-term stable cooperative relationships with major clients such as fujifilm holdings corporation unsponsored adr, Huawei, and BYD.
Express News | Shaanxi Aerospace Power Hi-Tech released the "Inquiry Results of Institutions for the Audit Service of Asset Injection and Capital Increase Projects for Subsidiaries Selection".
China Aerospace Times Electronics (600879.SH): Intends to increase its capital by 0.14 billion yuan for the investment projects constructed by Shanghai Aerospace.
On November 29, Gelonghui reported that china aerospace times electronics (600879.SH) announced that its subsidiary, shanghai china aerospace times electronics Co., Ltd. (referred to as "shanghai aerospace"), is responsible for implementing the "Integrated Measurement and Control Communication Terminal and New Generation Antenna Product Industrialization Project" from the asset purchase project by issuing shares and raising supporting funds in 2017, with a total investment of 140.25 million yuan, which has been completed and accepted. The funds for this raised capital project implemented by shanghai aerospace are recorded as inter-company loans. To resolve the outstanding balance issue between the company and shanghai aerospace, and strengthen the closing of financing projects.
With a bottom price of 51.11 million, PingPong's domestic licensed entity's 49% equity is back on the shelf. Who will take over this time?
① The third-party payment institution Zhejiang Xinhang Payment Co., Ltd. has listed 49% of its equity on the Guangdong United Property Rights Exchange Center. ② The base price for this equity transfer is 51.11 million yuan, which implies that the current valuation of Xinhang Payment is approximately 0.104 billion yuan. ③ Some market perspectives suggest that PingPong and related companies may participate in this trade to acquire the equity, but PingPong has not made any statement yet.
China Aerospace Times Electronics (600879.SH): The company's unmanned systems have already been mass-produced and delivered.
Gelonghui, November 21st. China Aerospace Times Electronics (600879.SH) stated on the interactive platform that they are responsible for the total research and development of aerospace launch model missions at China Aerospace Hi-Tech Holding Group. The company will participate in supporting tasks, and depending on the research and development time and cycle of each launch mission, related settlements may be reflected in different fiscal years. The company's unmanned systems have already been mass-produced and delivered.
Express News | 98 stocks received buy ratings from institutions, with kweichow moutai garnering the highest attention.
Research reports: swhy: china aerospace times electronics future performance is expected to maintain rapid growth, first time rated as "buy".
Gelonghui November 11th | Swhy Research pointed out that China Aerospace Times Electronics (600879.SH) is one of the few domestic enterprises with the qualifications and capabilities to undertake various aerospace and model product supporting production tasks, core benefiting from the downstream demand release of the aerospace electronics information industry. The company deeply cultivates the aerospace electronics main business, always maintains a leading position in the related industry field in China, and actively expands unmanned system equipment, multi-domain in-depth development. It is expected that the company's net income attributable to the parent company in 2024-2026E will be 0.62, 0.75, 0.93 billion yuan respectively, corresponding to the current stock price PE of 56/ in 2024-2026E.
China Aerospace Times Electronics (600879) Starlight National Defense Satellite Series Report 8: China Aerospace Times Electronics flagship platform, aerospace and unmanned systems driving long-term growth.
China Aerospace Ninth Academy's core listed platform, in the aerospace electronics information business field, is in a dominant position. The company's predecessor was Wuhan Cable (Group) Co., Ltd., and in 2016, the company acquired the technology transformation assets of China Aerospace Times Electronics and aerospace electronics.
China Aerospace Times Electronics (600879): Fluctuations in aerospace defense demand, profit potential awaits release.
Event description: The company released the third quarter report for 2024, in which the company achieved revenue of 1.522 billion yuan, a year-on-year decrease of 54.14%, and achieved a Net income of 0.312 billion yuan, a year-on-year increase of 149.41%.
China Aerospace Times Electronics (600879): Focus on the aerospace & defense core business, long-term development prospects are promising.
China Aerospace Times Electronics released its third quarter report: Q3 achieved revenue of 1.522 billion yuan (yoy-54.14%, qoq-60.95%), net profit attributable to the parent company was 0.312 billion yuan (yoy+149.41%, qoq+193%).
China Aerospace Times Electronics (600879) 2024 third-quarter report review: Asset slimming improves profitability, benefiting from the low-altitude economic development of satellites.
Event: On October 29, the company released the third-quarter report for 2024, with a revenue of 9.23 billion yuan in the first three quarters of 2024, YoY -28.7%; net income attributable to the parent company was 0.56 billion yuan, YoY +9.4%; after deducting
China Aerospace Times Electronics' Q3 Profit Soars 149%
China Aerospace Times Electronics (600879): Net profit in the third quarter of 2024 increased by 149%, and the initial results of divesting the cable business are beginning to show.
The company announced its performance for the first three quarters of 2024, meeting market expectations. The revenue was 9.234 billion yuan, a year-on-year decrease of -28.74%; achieving a net income attributable to the mother of 0.562 billion yuan, a year-on-year increase of +9.39%.
Aerospace Times Electronics Technology Co., Ltd. Report for the Third Quarter of 2024
Express News | China Aerospace Times Electronics: Net income in the third quarter increased by 149.41% year-on-year.