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Zhejiang Jiecang Linear Motion Technology (603583): Overseas production capacity release + expected return to high growth channel with reduced losses.
Event: The company released the third quarter report of 2024, with revenue of 2.568 billion yuan in the first three quarters, an increase of 22.2% year-on-year; achieving a net income attributable to the parent company of 0.293 billion yuan, a net income growth of 55.6% year-on-year, net profit after deducting non-recurring gains and losses.
Jiechang Drive: 2024 Third Quarter Report
Third Quarter Report 2024
Zhejiang Jiecang Linear Motion Technology (603583.SH): The net income in the first three quarters is approximately 0.293 billion yuan, a year-on-year increase of 55.6%.
Gelonghui October 28th丨zhejiang jiecang linear motion technology (603583.SH) announced that the revenue in the first three quarters of 2024 was approximately 2.568 billion yuan, an increase of 22.2% year-on-year; the net income attributable to shareholders of the listed company was approximately 0.293 billion yuan, an increase of 55.6% year-on-year; basic earnings per share was 0.76 yuan.
Zhejiang Jiecang Linear Motion Technology (603583.SH) released its performance for the first three quarters, with a net income of 0.293 billion yuan, a year-on-year increase of 55.60%.
Zhejiang Jiecang Linear Motion Technology (603583.SH) released the third quarter report for the year 2024, during the reporting period the company achieved revenue...
Zhejiang Jiecang Linear Motion Technology (603583.SH): The preliminary production of related large, medium, and small linear actuator joint samples has been completed.
Jiecang Linear Motion Technology (603583.SH) stated on the investor interaction platform on September 27th that the company has actively laid out in the robotics field: 1. The company is leading the key technology research on high-thrust density electric linear actuators in the Zhejiang Province 2024 'Lingyan' research and development project, mainly focusing on the development and industrialization of linear actuator joints for humanoid robots. At present, the project is progressing smoothly, and the production of large, medium, and small linear actuator joint prototypes has been preliminarily completed for sample testing and process improvement. 2. The company jointly invested with Zhejiang Smart Intelligent Technology Co., Ltd. to establish Zhejiang Lingjie Robots.
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