Research Reports Gold Mining | Founder Securities: Assign a "recommended" rating to Willfar Information Technology, with abundant orders on hand.

On March 6, Glorious Holdings cited a Research Report from Founder Securities stating that Willfar Information Technology (688100.SH) is expected to achieve a Net income of 0.631 billion yuan in 2024, an increase of 20.07% year-on-year. In 2024, the company has Orders amounting to 4.017 billion yuan, a year-on-year growth of 15.35%. New products generated revenue of 1.338 billion yuan, accounting for 40%, with new AI vertical applications generating over 0.4 billion yuan, accounting for 30% of new products. The company is pursuing international development, and its Global Strategy is becoming a new Xiong'an New Power Technology for business growth. The company expects to continue increasing its investment in R&D and sales for overseas markets, seizing development opportunities in Energy Infrastructure in Emerging Markets such as Latin America, the Middle East, and Africa.

Gelonghui FinanceMar 6 15:49 · Ratings

Willfar Information Technology Wins Bid for Elecricty Metering System

MT NewswiresMar 6 15:26

Hong Kong stocks movement | WASION HOLDINGS (03393) rose over 4% during trading, with its subsidiary Willfar Information Technology expected to achieve a net profit of approximately 0.631 billion yuan in 2024, a year-on-year growth of 20.07%.

WASHION HOLDINGS (03393) rose more than 4% during the day. As of publication, it increased by 4.68%, trading at 8.06 Hong Kong dollars, with a transaction volume of 9.3577 million Hong Kong dollars.

Zhitong FinanceMar 6 11:14

Willfar Information Technology (688100.SH): Won the public bidding procurement project for State Grid electrical utilities materials.

On March 5, Gelonghui reported that Willfar Information Technology (688100.SH) announced that the company won the bid for the project in February 2025: the winning bid amount for the State Grid Hunan Electrical Utilities Co., Ltd.'s first material public tender procurement project in 2025 is 27.8417 million yuan.

Gelonghui FinanceMar 5 16:18

Express News | Willfar Information Technology: Won the bid for the project of 27.8417 million yuan with State Grid Hunan Electric Utilities Company.

BreakingsMar 5 16:11

Willfar Information Technology (688100): The backlog of orders is abundant, and the Global Strategy has become a new driving force for Business growth.

Event: The company released its 2024 annual report, achieving revenue of 2.745 billion yuan in 2024, a year-on-year increase of 23.35%; net income attributable to the parent company of 0.631 billion yuan, a year-on-year increase of 20.07%; net income after deducting non-recurring items of 0.61 billion yuan.

Founders SecuritiesMar 5 00:00