Changjiang & Jinggong Steel Structure Bags Saudi Arabian Stadium Project for $117 Million
Changjiang & Jinggong Steel Structure (SHA:600496) won the project in undertaking the steel structure professional contracting works for Saudi Arabia's Dammam Stadium after placing a bid of $117 milli
Seiko Steel (600496.SH): won the bid for the US$117 million professional steel structure contract business for the Saudi Dammam Stadium project
Gelonghui, May 21丨Precision Steel Structure (600496.SH) announced. Recently, the company successfully won the bid for the steel structure specialty contracting business for the Saudi DAMMAMSTADIUM project (“Saudi Dammam Stadium” for short). The winning bid amount was US$117 million (equivalent to about RMB 844 million), accounting for about 5% of the company's most recent audited revenue. This project is another major landmark project that the company won the bid for in Saudi Arabia after participating in the construction of landmarks such as the Saudi Imperial Tower, Saudi Jeddah International Airport, and Mecca Railway Station in the Middle East. It is also the company is actively responding to the “Belt and Road” initiative.
Seiko Steel Structure (600496.SH): Successfully undertook the steel structure project for the Fengshu Guangzhou International Food Intelligent Production Base and South China Supply Chain Procurement and Distribution Center project
Gelonghui, May 8, 丨 Precision Steel (600496.SH) announced that recently, the company successfully undertook steel structure projects for Fengshu Guangzhou International Food Intelligent Production Base and South China Supply Chain Procurement and Distribution Center projects, with a total amount of 307 million yuan. This project is another project cooperation between the company after participating in the construction of Fengshu's logistics industrial park projects in Henan, Guangxi, Hubei and other places. The undertaking of this project fully demonstrates that in the field of industrial construction business, the company increases customer stickiness by providing high-quality construction services, creates a “leading customer group circle of friends”, and continuously implements the business undertaking strategy. The project's legacy
Seiko Steel (600496.SH) undertakes 307 million yuan steel structure project
Seiko Steel (600496.SH) announced that recently, the company successfully undertook Fengshu Guangzhou International Food Intelligent Production Base...
Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Shareholders Have More To Worry About Than Only Soft Earnings
A lackluster earnings announcement from Changjiang & Jinggong Steel Building (Group) Co., Ltd (SHSE:600496) last week didn't sink the stock price. However, we believe that investors should be aware o
Seiko Steel (600496.SH) announced first-quarter results, net profit of 97.4877 million yuan, a year-on-year decrease of 45.93%
Seiko Steel (600496.SH) released its report for the first quarter of 2024. The company achieved operating income of 3 during the reporting period...
Seiko Steel Structure (600496.SH): No aircraft related business
Gelonghui, April 22丨Seiko Steel (600496.SH) said on an interactive platform that the company has no aircraft related business yet.
Caitong Securities: Which companies benefit from the implementation or acceleration of infrastructure projects?
Q2 Infrastructure funding is in place or accelerated, and improvements in physical workload are worth looking forward to.
Seiko Steel Structure (600496.SH): It is planned to establish about 10 joint venture steel structure companies focusing on the field of industrial construction for no more than 250 million yuan
On April 17, Gelonghui Steel (600496.SH) announced that in 2024, the company or its wholly-owned subsidiaries plan to invest no more than 250 million yuan (inclusive) in the form of registered capital to establish about 10 joint venture steel structure companies focusing on the field of industrial construction (the company is the controlling party).
Seiko Steel (600496.SH): Net profit in 2023 fell 21.59% year on year, and plans to split 10 to 0.6 yuan
On April 17, Ge Longhui Steel (600496.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 16.506 billion yuan, up 5.04% year on year; net profit attributable to shareholders of listed companies was 548 million yuan, down 21.59% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 488 million yuan, down 27.02% year on year; and basic earnings per share were 0.2756 yuan. It is proposed to distribute a cash dividend of $0.60 (tax included) for every 10 shares.
Seiko Steel (600496.SH): A total of 129 new contracts were signed in January-March, with a cumulative contract amount of 6.10 billion yuan
Gelonghui, April 8, 丨 Precision Steel (600496.SH) announced that from January to March 2024, the company (including holding subsidiaries) signed a total of 129 new contracts, with a cumulative contract amount of 6.10 billion yuan, an increase of 10.8% over the previous year. From January to March 2024, the company sold 293,000 tons of steel structures, an increase of 16.3% over the previous year. During the reporting period, the overall growth of the company's orders was steady, the emerging business sector continued to maintain a rapid growth trend, and the integrated professional subcontracting business grew steadily.
Seiko Steel (600496.SH): Subsidiary Seiko Shanghai plans to subscribe for 50 million yuan of investment fund shares
Gelonghui, Feb. 28, 丨 Jinggong Steel (600496.SH) announced that in order to use the Shaoxing local government to speed up implementation and cultivate first-class enterprises, introduce promising high-end project plans, reserve and cultivate related industrial projects for the company, and further enhance the company's investment capacity, the company has a wholly-owned subsidiary Seiko Shanghai as the main body, and has signed a partnership with Hangzhou Puhua Tianji Equity Investment Management Co., Ltd. (referred to as “General Partner”), Shaoxing Jinlong Machinery Manufacturing Co., Ltd., and Zhejiang Guannan Knitting and Dyeing Co., Ltd. “Agreement” (referred to as “partnership agreement”
Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' It's only natural to co
Changjiang & Jinggong Steel Structure Books 8% Climb in New Contract Value in 2023
Changjiang & Jinggong Steel Structure (SHA:600496) signed 446 new contracts with 20.27 billion yuan in 2023, with the amount climbing 8% from the preceding year. The value of newly signed contracts in
Seiko Steel Structure (600496.SH): The cumulative contract amount in 2023 was 20.27 billion yuan, an increase of 8% year-on-year
Seiko Steel (600496.SH) issued an announcement. From January to December 2023, the company (including holding subsidiaries...
Seiko Steel (600496.SH) and its subsidiaries obtained high-tech enterprise certificates
Gelonghui, January 11, 丨 Precision Steel (600496.SH) announced that the company and its subsidiaries Zhejiang Jinggong Steel Structure Group Co., Ltd., Zhejiang Luzhu Integrated Technology Co., Ltd., Zhejiang Nuopai Construction Systems Co., Ltd., and Anhui Changjiang Fasteners Co., Ltd. recently received the “High-tech Enterprise Certificate”. The certificate numbers are: GR202334001735, GR202333010084, GR202333006154, GR202333004236, and GR202334003285, respectively. It is valid for three years. This time high tech
Changjiang & Jinggong Steel Structure Bags $218 Million Philippine Building Project
Changjiang & Jinggong Steel Structure (SHA:600496) has landed a $218 million contract for the steel structure of the BDO Corporate Center Makati project in the Philippines, according to a filing on Tu
Seiko Steel Structure (600496.SH): Plans to increase the capital of its subsidiary Seiko Kogyo by US$20 million
On December 25, Gelonghui Steel (600496.SH) announced that Seiko Industrial is an important subsidiary of the company to develop the industrial construction sector business, mainly constructing industrial construction projects such as industrial plants and logistics centers. The registered capital of a construction company is an important indicator of the company's strength, and it also has a certain reference in undertaking bidding business. In order to further enhance Seiko's ability to undertake business and seize the development opportunities of the industrial construction market, the company plans to increase the capital of Seiko Industry with its own capital, for a total amount of 20 million US dollars. Among them: The company increased its capital by 1,500 as a shareholder of Seiko Industries
Seiko Steel (600496.SH) won a bid of about 1,551 billion yuan for a major project in the Philippines
Seiko Steel (600496.SH) announced that recently, the company successfully won the bid for BDO Corpora in the Philippines...
Changjiang & Jinggong Steel Bags 425 Million Yuan Shenzhen Port Project
Changjiang & Jinggong Steel Structure (SHA:600496) has secured a contract worth 424.8 million yuan to design and install the steel structure of a building at the Shenzhen Port. The company will be res
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