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2024 ANNUAL REPORT
2024 Annual Report Summary
Zhejiang Tengen Electrics (605066.SH): Net income for 2024 is 0.121 billion yuan, a year-on-year decrease of 24.94%.
On March 28, Gelonghui announced that Zhejiang Tengen Electrics (605066.SH) released its annual report for 2024, achieving a revenue of 2.919 billion yuan during the reporting period, an increase of 1.38% year-on-year; the net income attributable to shareholders of the listed company was 0.121 billion yuan, a decrease of 24.94% year-on-year; basic EPS was 0.24 yuan. The company plans to distribute a cash dividend of 2.5 yuan (inclusive of tax) for every 10 shares to all shareholders.
Express News | Zhejiang Tengen Electrics: Independent Director Zhu Lihong resigned due to personal work reasons.
Express News | Zhejiang Tengen Electrics: There are no significant matters that should have been disclosed but were not.
Zhejiang Tengen Electrics (605066.SH): The actual sales of products in the Siasun Robot&Automation Industry generate less than 2 million yuan in revenue, accounting for a very small proportion.
Gelonghui reported on March 5 that Zhejiang Tengen Electrics (605066.SH) announced that recently, the company's stock price had a significant cumulative increase. From February 27, 2025, to March 5, 2025, the cumulative increase reached 61.26%, exceeding the stock price increases of most peers in the Industry and the SSE Composite Index. There may be risks of stock price speculation. Investors are particularly concerned about the application of the company's products in the Siasun Robot&Automation Industry, but the actual sales revenue of the company's products in the Siasun Robot&Automation Industry is less than 2 million yuan, representing a very small share, with negligible impact on the company's performance.