Yongzhen Co., Ltd.: Report for the third quarter of 2024
Third Quarter Report 2024
Eternal Jie Corporation (603381): The solar frame business is growing rapidly and is stable in cooperation with the leading components.
A leading domestic manufacturer of aluminum alloy photovoltaic glass, with impressive revenue performance in the first half of the year. The company is one of the leading domestic manufacturers of aluminum alloy photovoltaic structural components, with main products including photovoltaic frame products, photovoltaic building integrated products (BIPV), photovoltaic support.
Eternal Group(603381): Adhere to implementing the big customer global strategy, achieving high growth in the border business.
Event: On August 21, 2024, the company released the performance report for the first half of 2024. During the reporting period, the company achieved a revenue of 3.53 billion yuan, +41.4% year-on-year; net income attributable to the parent company was 0.18 billion yuan, +3.
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Yongzhen Corporation (603381.SH): Revenue for the first half of the year reached 3.533 billion yuan, representing a year-on-year increase of 41.36%.
On August 20th, Golonghui announced its semi-annual report, achieving a revenue of 3.533 billion yuan and a year-on-year growth of 41.36% during January to June 2024. Its net income attributable to shareholders of the listed company was 0.177 billion yuan, an increase of 3.89% compared to the same period last year. During the reporting period, the company adhered to the management concept of 'creating value for customers' and always put customer interests and needs in an important position. It continuously deepened its strategic cooperation with core customers, continuously pursued scientific methods of lean production to create the core competitiveness of the enterprise, and achieved business excellence through continuous management optimization.
Yongzhen Corporation's IPO is not so successful due to poor performance from its major photovoltaic customers.
Yongzhen shares have been listed for a month and a half, and the stock price has approached the lowest point since its peak.
Yongzhen Corporation (603381.SH) currently does not engage in the design of photovoltaic power inverters.
On July 24th, Gelon Hui reported that Yongzhen shares (603381.SH) stated on the investor interactive platform that the company's main products include photovoltaic frame products, photovoltaic building integration products (BIPV), and photovoltaic bracket structural components. Currently, the company has not carried out any work related to the design of power inverters.
As of July 19, Yongzhen Co., Ltd. (603381.SH) had 44,174 shareholders.
YongZhen shares (603381.SH) stated on the investor interaction platform on July 24 that as of July 19, 2024, the number of shareholders in the company was 44,174, according to the data provided by China Securities Depository and Clearing Co., Ltd.
Yongzhen Corporation (603381.SH): use part of the raised funds to provide interest-free loans to wholly-owned subsidiaries to implement the fundraising projects.
On July 16th, GeLongHui reported that YongZhen Technology (603381.SH) held the first seventeenth board of directors meeting and the ninth supervisory board meeting on July 15th, 2024, and passed the proposal on "using part of the raised funds to provide interest-free loans to wholly-owned subsidiaries to implement investment projects," agreeing to use raised funds to provide interest-free loans of 1.03 billion yuan to its wholly-owned subsidiary, YongZhen Science and Technology (Wuhu) Co., Ltd., (referred to as "YongZhen Wuhu") specifically for the phase one of the aluminum alloy photovoltaic bracket and energy storage battery tray project, photovoltaic bracket engineering.
Yongzhen Corporation (603381.SH): Good number of backlogged orders, stable cooperation with top photovoltaic component customers.
On July 8th, Gelun Hui reported that Yongzhen shares (603381.SH) stated on its investor platform that the company's outstanding order quantity is good and its cooperation with its top photovoltaic module customers is stable. Currently, the company's Changzhou, Chuzhou, and Yingkou bases have maintained full production capacity utilization, while the capacity of its Wuhu base is gradually releasing and its Vietnam base is in the commissioning phase.
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A-share IPO Dynamics: Aidite and Yongzhen Today Listed.
On June 26, Gelunhui reported that Adet (301580.SZ) and Yongzhen Holdings (603381.SH) went public, while Jianbang Group (603285.SH) is in the subscription period.
Yongzhen Corporation (603381.SH) will be listed on the main board of the Shanghai Stock Exchange on June 26th.
Yong Zhen Stock (603381.SH) announced that the company's stocks will be traded on the Shanghai Stock Exchange on June 26th, 2024...
Yonz Technology Targets 1.4 Billion Yuan From Shanghai IPO
Express News | Yongzhen Corporation's lottery numbers have been announced, totaling 85,400.
The final online subscription winning rate of Yongzhen Shares (603381.SH) after the callback is about 0.05%.
Yongzhen Corporation (603381.SH) has released an announcement that after the callback mechanism is initiated, the final number of offline issuances will be 1,06...
A-share IPO News: Adition and Yongzhen Stock have applied for subscription today.
On June 17th, Gelinhui reported that there were no new listings, but there was subscription for AEDIT (301580.SZ) and Yongzhen Shares (603381.SH).
Yongzhen Shares: Major structural component manufacturer enters the capital markets, sets sail for the photovoltaic industry in 2024.
The photovoltaic industry is one of the most representative industries in China's global strategy. Its system is particularly durable and the maintenance cost is low. It has been applied in the aerospace field since the early 1950s and is now widely deployed in commercial and residential areas. Photovoltaic technology has made significant progress and cost-effectiveness improvements. With the continuous maturation of technology and large-scale production, manufacturing costs have decreased significantly, making photovoltaic power generation an increasingly affordable solution for renewable energy. Globally, with the increasing demand for renewable energy and the focus on environmental sustainability, the photovoltaic industry has seen rapid development. Governments have implemented various measures to promote the
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