Weiao shares (605001.SH): net loss of 124.798 million yuan in the first quarter

On April 26, Ge Longhui Co., Ltd. (605001.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 316 million yuan, an increase of 155.94% over the previous year; net profit attributable to shareholders of listed companies - 124.798 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 17.225 million yuan; and basic earnings per share - 0.03 yuan.

Gelonghui FinanceApr 26 04:15 ET

We Think That There Are Issues Underlying Qingdao Victall Railway's (SHSE:605001) Earnings

Qingdao Victall Railway Co., Ltd.'s (SHSE:605001) stock was strong after they recently reported robust earnings. However, we think that shareholders may be missing some concerning details in the numb

Simply Wall StApr 24 19:32 ET

Weiao Co., Ltd. (605001.SH): Ningbo Jiuying plans to reduce its holdings by no more than 1%

Gelonghui, April 23丨Weiao Co., Ltd. (605001.SH) announced that Ningbo Jiuying plans to reduce its holdings of all of its companies' shares by no more than 3,928,900 shares through centralized bidding transactions within 3 months (April 29, 2024 to July 28, 2024) from the date of this announcement (if during the reduction period, the number of shares reduced will be adjusted accordingly).

Gelonghui FinanceApr 23 04:53 ET

Qingdao Victall Railway Co., Ltd.'s (SHSE:605001) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Qingdao Victall Railway's (SHSE:605001) stock is up by a considerable 32% over the past week. But the company's key financial indicators appear to be differing across the board and that makes us que

Simply Wall StApr 22 20:25 ET

Weiao Co., Ltd. (605001.SH): Capable of producing carbon fiber composites for flying cars

Gelonghui, April 22丨Weiao Co., Ltd. (605001.SH) said on an interactive platform that the company has the ability to produce carbon fiber composites for flying cars, but the technology crosses the border between flying cars and the company's current products. The company will conduct market research and preliminary discussions on process molding in due course to carefully decide whether to develop into this field.

Gelonghui FinanceApr 22 04:40 ET

Weiao Co., Ltd. (605001.SH): Participated in the design and manufacture of CR450 prototype products

Gelonghui, April 19 | Weiao Co., Ltd. (605001.SH) said on the interactive platform that the company participated in the design and manufacture of CR450 prototype products. Currently, some products have entered the detailed design stage and have begun manufacturing, testing and verification of product prototypes simultaneously. The application of carbon fiber composites is jointly developed by the company's R&D center and Romevio, a wholly-owned subsidiary that produces rail transit composite parts. The subsidiary Weiao Automotive Technology (Tangshan) Co., Ltd.'s main business area is automotive composite-related business, and it has not participated in the CR450 technology innovation project.

Gelonghui FinanceApr 19 04:30 ET