The Returns On Capital At Anhui Sinonet & Xinlong Science & Technology (SZSE:002298) Don't Inspire Confidence

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop up? Businesses in decline often have two underlying trends, firstly, a declining r

Simply Wall StApr 26 18:25 ET

CLP Xingfa (002298.SZ): Net profit of 31.9846 million yuan for the first quarter reversed year-on-year losses

Gelonghui, April 25 | CLP Xingfa (002298.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 493 million yuan, down 0.13% year on year; net profit attributable to shareholders of listed companies was 31.9846 million yuan, turning a year-on-year loss into a profit; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 307.307 million yuan; basic earnings per share were 0.0446 yuan.

Gelonghui FinanceApr 25 11:46 ET

CLP Xingfa (002298.SZ): Anhui Meineng Energy Storage System Co., Ltd. does not produce solid state batteries

Gelonghui, April 12 | CLP Xingfa (002298.SZ) said on the investor interactive platform that according to information, Anhui Meineng Energy Storage System Co., Ltd. does not produce solid state batteries.

Gelonghui FinanceApr 12 04:42 ET

CLP Xingfa (002298.SZ): The company currently has no solid state battery-related business

Gelonghui, April 11 | CLP Xingfa (002298.SZ) said on the investor interactive platform that the company currently has no solid-state battery-related business.

Gelonghui FinanceApr 11 04:55 ET

CLP Xingfa (002298.SZ): Independently developed a core algorithm for correcting and deleting codes and a special file system for storing

Gelonghui, April 10 | CLP Xingfa (002298.SZ) said on the investor interactive platform that the company has independently developed a core algorithm and a special file system for storing erasure codes, and has achieved domestic autonomous control of software and hardware based on domestic processors and operating systems. In terms of video data storage applications, storage products have advantages such as high storage density, low energy consumption, and low data risk, and some storage products have been successfully applied in actual projects.

Gelonghui FinanceApr 10 06:18 ET

CLP Xingfa (002298.SZ): There is no connection with 6G and quantum communication in developing new communication services

Gelonghui, April 10 | CLP Xingfa (002298.SZ) said on the investor interactive platform that the company's existing technology patents cannot be applied to flying cars, and there are no product application reserves. The company has not connected with 6G and quantum communication in developing new communication services.

Gelonghui FinanceApr 10 05:11 ET