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Dongwei Technology (688700): Performance under pressure in 2024, waiting for the turning point in performance.
The company announced the 2024 annual report and the Q1 report for 2025. In 2024, the company achieved revenue of 0.75 billion yuan, a year-on-year decrease of 17.51%, and realized a Net income of 0.069 billion yuan, a year-on-year decrease of 54.25%; 20
Express News | BOC International has downgraded the rating of KunShan Dongwei Technology Co., Ltd. to Shareholding.
Express News | Summary of Shareholding changes on May 5.
Dongwei Technology (688700): PCB Business has bottomed out and is expected to see an increase in the volume of New energy Fund equipment.
Event description: Dongwei Technology released the annual report for 2024 and the quarterly report for the first quarter of 2025. In 2024, the company achieved a revenue of 0.75 billion yuan, a year-on-year decrease of 17.51%; the net income attributable to the parent company was 0.069 billion yuan, a year-on-year decrease of 54.
Dongwei Technology (688700): Short-term performance under pressure, Bullish on PCB equipment & composite Copper foil equipment ramping up.
The PCB plating Business has shown significant growth, with an improvement in revenue in Q1 of 2025: In 2024, the company achieved revenue of 0.75 billion yuan, down 17.5% year-on-year, with performance decline mainly due to the drag from New energy Fund plating equipment. Among them, PCB plating Business revenue is 4.
Express News | Dongwei Technology: Directors and specific Shareholders plan to collectively reduce their Shareholding in the company by 0.86%.