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Express News | The groundbreaking ceremony for the Jiaocheng Ultrasonic Headquarters Base and the Advanced Ultrasonic Equipment Industrialization Project was held.
Jiao Cheng Ultrasonic (688392.SH): Subsidiary Jiao Cheng Development has obtained land use rights.
On November 21, Gelonghui reported that Jiao Cheng Ultrasonics (688392.SH) announced that, recently, its subsidiary participated in the public auction for state-owned land use rights issued by the Planning and Natural Resources Bureau of Minhang District in shanghai in accordance with legal procedures. It successfully bid for the state-owned construction land use rights at a price of 102.24 million yuan (Land Plot Number: 202412593568007754) and signed the "State-Owned Construction Land Use Rights Transfer Contract" in shanghai. After acquiring this land use right, the company will continue to promote the construction work of this project while focusing on its main business, strengthening research and development investment, and actively expanding.
Express News | Jiaocheng ultrasound and other medical technology companies established in Wuxi.
Jiao Cheng Ultrasonic (688392): Performance meets expectations, bulk shipments of semiconductor equipment.
The performance in 1-3Q24 basically meets our expectations. The company reported the performance for 1-3Q24: revenue of 0.408 billion yuan in the first three quarters of 2024, a 10.37% year-on-year decrease. The revenue for the single third quarter was 0.165 billion yuan, year-on-year.
Pride Cheng SuperSound (688392): The turning point in performance has come, exploring new tracks, opening up growth space.
Investment highlights Q3 performance meets market expectations. The company's 24Q1-3 revenue is 0.41 billion yuan, down 10% year-on-year, net income attributable to mother is 0.02 billion yuan, down 73%, gross margin is 51.4%, down 3.2 percentage points, net income attributable to mother
Third Quarter Report 2024