Wuxi Zhenhua (605319): Q4 performance exceeded expectations. In 2025, Xiaomi, Li Xiang, and SAIC are expected to drive further rapid growth for the company.

Investment highlights: The company has released its performance forecast for 2024, expecting a net income attributable to shareholders of 3.80~0.416 billion yuan, representing a year-on-year growth of 37%~50%; an adjusted net income attributable to shareholders of 3.75~0.4 billion yuan.

SWHY ResearchJan 22 11:32

Wuxi Zhenhua (605319): Annual performance exceeded expectations, Bullish on the dual driving force of traditional stamping + electroplating Business.

The company's performance forecast for 2024 has been disclosed: it is expected that the net income attributable to the parent company in 2024 will increase by 37.07%-50.05% year-on-year to 0.38-0.416 billion yuan (vs. our original prediction of annual net income of 3.

EverbrightJan 20 20:47

Wuxi Zhenhua: Announcement on the 2024 pre-increase in performance

SZSIJan 20 00:00 · Announcements

Announcement on the advance increase in 2024 results

SZSIJan 20 00:00 · Announcements

Wuxi Zhenhua (605319): Annual profits exceeded expectations due to scale effects and contributions from raw materials.

Introduction to this report: The company has released its performance forecast for 2024, with annual profits exceeding expectations, primarily due to enhanced scale effects and a decrease in raw material prices. As new projects continue to be pinpointed, the company's future performance is expected to strengthen continuously. Investment highlights: Upgrade target.

GTJAJan 19 18:57

Express News | Wuxi Zhenhua: It is expected that the net income in 2024 will increase by 37.07% to 50.05% year-on-year.

BreakingsJan 19 15:33

Wuxi Zhenhua (605319.SH): The wholly-owned subsidiary in Wuhan has obtained the "Project Filing Certificate."

On January 7, Gelonghui reported that Wuxi Zhenhua (605319.SH) announced that its wholly-owned subsidiary, Wuhan Zhenhua Hengshengxiang Auto Parts Co., Ltd. (referred to as "Wuhan Hengshengxiang"), has obtained the "Project Filing Certificate" issued by the Development and Reform Bureau of Wuhan Economic and Technological Development Zone (Hannan District) (registered filing project code: 2501-420113-04-01-809534). This external investment is a cautious decision made by the company based on long-term development. The funding source for Wuhan Hengshengxiang's proposed investment in the New energy Fund auto parts project will be self-owned or raised funds, which will not adversely affect the company's finances and operations.

Gelonghui FinanceJan 7 15:45

Wuxi Zhenhua (605319): Plans to invest in a parts project in Wuhan to enhance customer loyalty.

Report overview: The company plans to invest in the construction of an Auto Parts project in Wuhan, which is beneficial for breaking through its own capacity bottlenecks and enhancing customer loyalty. With the continuous launch of new projects, the company's future performance is expected to continue to grow. Investment highlights: Maintain Target Price.

国泰君安Jan 7 07:57

Zhenhua Auto Parts to Build New Energy Auto Factory for 250 Million Yuan

MT NewswiresJan 6 17:56

Express News | Wuxi Zhenhua: A wholly-owned subsidiary plans to invest 0.25 billion yuan to build a New energy Fund Auto Parts project.

BreakingsJan 3 17:18

Wuxi Zhenhua (605319): The customer structure for automotive parts is continuously being optimized, and the electroplating business is opening up new growth opportunities.

The company has been deeply involved in the Autos零 welding Business for over 30 years and started to enter the electroplating business in 2022 to develop a new growth curve. The company was established in 1989 (Hudai Instrument Factory) and renamed in 1995 to Zhenhua Accessories Factory, mainly engaged in the Business of automotive stamping parts, with a scale of revenue.

ZhongtaiDec 11, 2024 18:12

Express News | Summary of shareholding reductions for listed companies on December 9.

BreakingsDec 9, 2024 22:26

Express News | Wuxi Zhenhua: Shareholder Wuxi Jinfengyu plans to reduce its shareholding by 3%.

BreakingsDec 9, 2024 18:22

Third Quarter Report 2024

SZSIOct 30, 2024 00:00 · Announcements

Wuxi Zhenhua (605319): Intends to issue convertible bonds to enhance customer stickiness with high growth potential.

Introduction to this report: The company plans to issue convertible bonds, which will help improve the stickiness of high-growth customers. With the continuous commissioning of new projects and the continuous improvement of scale effects, the company's future performance is expected to continue to grow. Investment highlights: Maintain a target price of 28.25 yuan.

gtjaOct 28, 2024 13:47

Wuxi Zhenhua (605319): The performance in the third quarter of 2024 is expected to achieve steady growth, with scale effects boosting profitability.

The performance in Q3 of 2024 is expected to maintain steady growth, with economies of scale boosting the company's profitability. The company has released a forecast for the third quarter of 2024, expecting a net income attributable to the parent company of 237 million to 250 million yuan in the first three quarters of 2024, a year-on-year increase.

tianfeng securitiesOct 11, 2024 07:56

Cinda Securities: With a triple attribute of 'manufacturing-consumer-technology', auto stocks perform prominently in a bull market.

In previous bull markets in the A-share market, the autos sector, driven by factors such as macroeconomic recovery, industrial or consumption upgrades, and policy support, can generally outperform the large cap.

Zhitong FinanceOct 10, 2024 11:51

Wuxi Zhenhua (605319): Performance meets expectations, scale effect and raw material improvement.

Executive Summary: The company issued an announcement of increased performance for Q3 2024, meeting expectations. With continuous production of new projects and the increasing scale effect, the company's future performance is expected to continue growing. Investment Highlights: Maintaining the target price of 28.25.

gtjaOct 10, 2024 00:00

Announcement on the pre-increase in results for the first three quarters of 2024

SZSIOct 10, 2024 00:00 · Announcements

Express News | Wuxi Zhenhua: Net income is expected to increase by 42.23% to 50.04% in the first three quarters.

BreakingsOct 9, 2024 16:50