King Crown Electric (688517.SH): Technical verification of large models such as DeepSeek has been conducted in the testing environment.
On March 17, Glorious Exchange reported that Jin Guan Electric (688517.SH) stated on the investor interaction platform that the company is currently conducting technical verification of large models such as DeepSeek in a testing environment. The application of AI technology is a very important trend, and the company always pays attention to the development of cutting-edge technologies, actively exploring the application scenarios of new technologies such as AI in the manufacturing sector. In the future, the company will continuously promote the intelligentization of AI technology in daily office and other areas, deeply integrate it into core processes such as sales, design, and research and development manufacturing, initiate AI-powered technological innovation, enhance the level of Intelligent Manufacturing, and support the company's better development in the future.
Jin Guan Electric (688517.SH): Won the bid for 23.4724 million yuan lightning arrester products.
Gelonghui, March 5th丨Jinguang Electric (688517.SH) announced that recently, the State Grid Corporation of China has publicly announced the candidates for winning bids for the eighth batch of procurement in 2025 (the first bidding procurement of substation equipment for transmission and transformation projects, including cables). The company won the bid for lightning arrester products, with a bid amount of 23.4724 million yuan. The disclosed bid project by the company is only for projects with a bid amount of 20 million yuan (inclusive) or above. This winning bid amount accounts for approximately 3.16% of the company's revenue for 2024 (the revenue data for 2024 has not been audited). The performance of the winning contract will have a positive impact on the company's future operational results.
Jinguan Electric: 2024 Annual Results Express Announcement
2024 Annual Results Express Announcement
Jinguan Electric (688517.SH): Net income in 2024 is 90.4119 million yuan, an increase of 11.86% year-on-year.
On February 25, Gelonghui reported that Jinguang Electric (688517.SH) announced its 2024 performance report. In 2024, the company achieved a total operating income of 657.2072 million yuan, an increase of 15.02% compared to the same period last year; the net income attributable to the parent company owners was 90.4119 million yuan, an increase of 11.86% compared to the same period last year; the net income attributable to the parent company owners, excluding non-recurring gains and losses, was 82.5236 million yuan, an increase of 9.11% compared to the same period last year. During the reporting period, the company's sales orders for the lightning protection device business continued to grow, and profitability further improved.
Jin Guan Electric (688517.SH): Zhong Rui Bo Yuan plans to reduce its Shareholding by no more than 3%.
On February 12, Gelonghui reported that Kinguan Electric (688517.SH) announced it has recently received a notice from Zhongrui Boyuan regarding the Shareholding reduction of Kinguan Electric Co., Ltd. Due to its own funding needs, Zhongrui Boyuan plans to reduce its holdings of some company shares through centralized bidding and bulk trading methods within three months after the disclosure of this announcement, with a total quantity not exceeding 4,098,300 shares, accounting for no more than 3% of the company's total equity.
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Jin Guan Electric (688517.SH) won the bid for the lightning arrester product project related to State Grid Corporation of China.
Jinguang Electric (688517.SH) announced that recently, State Grid Corporation of China has issued the sixty-first batch of tenders for the year 2024...
Third Quarter Report 2024
Jin Guan Electric (688517.SH): The net income in the first three quarters was 66.2289 million yuan, a year-on-year increase of 37.05%.
Golden Eagle reported on October 24th that Jin Guan Electric (688517.SH) disclosed, the company's revenue for the first three quarters was 0.469 billion yuan, a year-on-year increase of 30.71%; the net income attributable to the shareholders of the listed company was 66.2289 million yuan, a year-on-year increase of 37.05%; the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 60.1399 million yuan, a year-on-year increase of 31.83%; with a basic earnings per share of 0.49 yuan.
Jinguang Electric (688517.SH) released its performance for the first three quarters, with a net income of 66.2289 million yuan, a year-on-year increase of 37.05%.
Jinguang Electric (688517.SH) released the third quarter report for the first three quarters of 2024, during the reporting period the company achieved revenue...
Jinguang Electric (688517.SH): The company is further developing advanced ceramics in the wide semiconductors field.
Gelonghui October 22nd | Jinguan Electric (688517.SH) stated on the investor interactive platform that ceramic substrates and copper-clad ceramic substrates are mainly used in the packaging of high-power semiconductors such as IGBTs for new energy and electric locomotives. The company's core product, the key component resistor slice of the arrester, is manufactured using advanced electronic ceramic technology, with outstanding performance, features such as low residual pressure, high energy absorption, and excellent aging performance. On this basis, the company further develops advanced ceramics in the field of wide semiconductors.
Even With A 42% Surge, Cautious Investors Are Not Rewarding JinGuan Electric Co., Ltd.'s (SHSE:688517) Performance Completely
Jilin Jinguan Electric Bags 216 Million Yuan Worth of Projects
JILIN JINGUAN ELECTRIC Co.,Ltd (SZSE:300510) Stocks Shoot Up 36% But Its P/S Still Looks Reasonable
Jinguang Electric (688517.SH): Repurchased 1.18% of shares.
On September 2nd, Glony announced that as of August 30, 2024, the company has repurchased a total of 1,609,275 shares of the company through the Shanghai Stock Exchange trading system through centralized bidding trading, accounting for 1.18% of the total share capital of 136,613,184 shares. The highest price for the repurchase was 13.60 yuan/share, the lowest price was 11.05 yuan/share, and the total amount of funds paid was RMB 20,015,433.07 (excluding stamp duty, transaction fees, and other transaction costs).
Concerns Surrounding JinGuan Electric's (SHSE:688517) Performance
Half-year report for the year 2024.