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Jiangsu Bide Technology Co., Ltd. Report for the Third Quarter of 2024
Jiangsu Bide Technology Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Jiangsu Bide Technology Co., Ltd.
Mustard Technology (605298.SH): The net income in the first half of the year was 9.0978 million yuan, a decrease of 47.44% year-on-year.
Bide Technology (605298.SH) announced its semi-annual report for 2024, with revenue of 0.182 billion yuan, a year-on-year increase of 30.96%; net income attributable to shareholders of the listed company was 9.0978 million yuan, a year-on-year decrease of 47.44%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 8.5535 million yuan, a year-on-year decrease of 24.58%; and basic earnings per share was 0.05 yuan.
The implementation of equipment update subsidy policy is expected to boost the explosion of demand for transportation equipment.
① The Ministry of Finance and 4 other departments have issued a notice to implement equipment update loans and financial discount policies. For loans issued by banks to operating entities that meet the reimbursement for refinancing conditions, the central finance will provide a 1 percentage point interest subsidy on the principal of the bank loans to the operating entities. ② According to the research report of China Galaxy, promoting digital and modern production through equipment updates is conducive to promoting new productive forces and helping to open a new cycle of Zhu Gelra.