ZheJiang KangLongDa Special Protection Technology Plans Subsidiary Sale for $61 Million
Express News | Zhejiang kanglongda special protection technology: sold its controlling subsidiary usa GGS for 61 million dollars.
Kanglongda: Kanglongda Report for the Third Quarter of 2024
Kanglongda Report for the Third Quarter of 2024
zhejiang kanglongda special protection technology (603665.SH): a net loss of 63.98 million yuan in the first three quarters.
On October 30th, Zhejiang Kanglongda Special Protection Technology (603665.SH) released its third-quarter report, with revenue of 0.986 billion yuan for the first three quarters, down 25.02% year-on-year. It incurred a net loss of 63.98 million yuan, a non-recurring net loss of 43.237 million yuan, and basic earnings per share of -0.39 yuan.
zhejiang kanglongda special protection technology (603665.SH): Controlling shareholder Dongda Knitting intends to transfer 11.9% of the shares by agreement.
On September 23, Kanglongda (603665.SH) disclosed that the company's controlling shareholder Dongda Knitting intends to transfer its holdings of 9.65 million shares of the listed company to Helin Fund through agreement transfer, accounting for 5.95% of the total share capital of the company. It also intends to transfer its holdings of 9.65 million shares of the listed company to Juyin Fund, accounting for 5.95% of the total share capital of the company. The transfer price for both is 13.50 yuan per share, with a total transfer amount of 2.61 billion yuan. This equity change does not involve a tender offer. Upon completion, it will result in a change of the company's controlling shareholder from Dongda Knitting to Mr. Zhang Jianfang, but will not affect the company's operations.
Express News | Zhejiang Kanglongda Special Protection Technology: The controlling shareholder transferred 19.3 million shares, and the transfer price was 13.50 yuan per share.
Zhejiang Kanglongda Special Protection Technology (603665.SH): There is currently no relevant cooperation with tesla.
As of now, Zhejiang Kanglongda Special Protection Technology (603665.SH) stated on the investor interaction platform that there is no current cooperation with Tesla. However, the company's hand labor protection business products are widely used in industries such as autos, electrical utilities, industrial machinery, metallurgy, petrochemicals, mining, construction, and electronics.
Express News | zhejiang kanglongda special protection technology: The company's Vietnam production base has 12 production lines for disposable nitrile gloves, with a designed capacity of 3.5 million boxes per year.
Kanglongda 2024 Semi-Annual Report
Summary of Kanglongda\'s 2024 Semi-Annual Report
Zhejiang Kanglongda Special Protection Technology (603665.SH) released its performance for the first half of the year, with a net loss of 50.1296 million yuan, and the loss expanded.
Zhejiang Kanglongda Special Protection Technology (603665.SH) released its semi-annual report for 2024, with a revenue of 0.688 billion yuan...
Zhejiang Kanglongda Special Protection Technology (603665.SH): Net loss of 50.13 million yuan in the first half of the year.
Kanglongda (603665.SH) announced on August 30th that its revenue for the first half of 2024 was approximately 688 million yuan, a year-on-year increase of 0.26%; the net income attributable to the company's shareholders was a loss of approximately 50.13 million yuan; the basic earnings per share was a loss of 0.31 yuan.
Express News | Zhejiang Kanglongda Special Protection Technology: net loss of 50.1296 million yuan in the first half of the year.
Zhejiang Kanglongda Special Protection Technology (603665.SH): 20 special protective glove production lines have been built in the Vietnam base, with a designed annual capacity of 8 million boxes.
On August 15, Gelonhui reported that Zhejiang Kanglongda Special Protection Technology (stock code: 603665.SH) stated on the investor interaction platform that the company's Vietnam base has built 20 production lines for special protective gloves, with a designed capacity of 8 million cases per year; and 12 production lines for disposable nitrile gloves, with a designed capacity of 3.5 million boxes per year. Currently, all production lines are gradually being put into operation, and it is expected to reach the designed capacity by the end of 2024.
Express News | Zhejiang Kanglongda Special Protection Technology: Some of the management intends to increase shareholding by 1-1.6 million yuan.
Express News | Zhejiang Kanglongda Special Protection Technology: Some supervisors and senior management plan to increase their shareholding in the company.
Zhejiang Kanglongda Special Protection Technology (603665.SH): Currently, products exported to the European Union are not subject to tariffs, and exports to the USA are not subject to additional tariffs.
On August 6, Gelunhui reported that Zhejiang Kanglongda Special Protection Technology (Stock Code: 603665.SH) stated on an investor interaction platform that the Vietnamese base has the following advantages: 1. Location advantages: Vietnamese base products mainly exported to European, American, and Japanese countries and regions, which conforms to the needs of European and American customer supply chain optimization. 2. Cost and efficiency advantages: Energy and labor costs in Vietnam are lower than in China; the production line automation level at the Vietnamese base is higher, and production efficiency and product quality are more reliable. 3. Tax incentives: Imported raw materials into Vietnamese production bases are exempt from tariffs and value-added tax, and exported goods are not subject to value-added tax. Corporate income tax currently enjoys two exemptions and four deductions.
Shenzhen-Hong Kong Stock Connect has recently invested nearly 600 million yuan to buy Dongshan Precision Manufacturing, while funds are frantically flowing out of Qiming Information Technology and Shenzhen Woer Heat-Shrinkable Material.
The top three net buy-ins on the Longhu list are Suzhou Dongshan Precision Manufacturing, Shenyu Communication Technology Inc., and Fuchun Technology.
Express News | Zhejiang Kanglongda Special Protection Technology: Currently, daily operation is normal and there has been no significant changes in the external operating environment.
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