Zhiyang Innovation Technology's (SHSE:688191) Earnings Are Of Questionable Quality
Shareholder Zhixiao Investment reduced its shareholding in Zhiyang Innovation (688191.SH) to less than 5%.
Zhiyang Innovation (688191.SH) announced that the company recently received a notice from shareholder Zhiyang Investment and a simplified voting rights authorization form, ...
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
In the first half of the year, the net income of Zhiiyang Innovation (688191.SH) was 25.3408 million yuan, a year-on-year increase of 7.33%.
On August 16th, Gelunhui announced its half-year report. During the reporting period, the company maintained steady growth, achieving a revenue of 434.1504 million yuan and a 15.32% increase compared to the same period last year. While continuing to maintain high R&D investment, the main profit indicators achieved growth during the reporting period: operating profit of 26.8246 million yuan, an 11.35% increase compared to the same period last year; total profit of 26.9113 million yuan, a 12.23% increase compared to the same period last year; and a net income belonging to the owner of the parent company of 25.3408 million yuan, a 7% increase compared to the same period last year.
Zhongtai Securities: Construction of new electrical utilities systems speeds up again, focusing on smart scheduling and virtual power plants.
In July 2024, the National Development and Reform Commission, the National Energy Administration, and the National Bureau of Statistics jointly issued the "Action Plan for Accelerating the Construction of a New Power System (2024-2027)". Among them, nine key special actions were deployed to support the construction of a new power system from the aspects of source, grid, load, storage, and demand-side management.
Zhiyang Innovation (688191.SH) will distribute RMB 2 per 10 shares for the year 2023, with record date on June 17th.
Zhitoon Finance app reports that Zhiyang Innovation (688191.SH) has released an announcement that the company will distribute equity dividends in 2023, with a cash dividend of 2 yuan (tax included) for every 10 shares, with the registration date on June 17th.
Zhiyang Innovation (688191.SH) announced first-quarter results with a net loss of 2.51 million yuan
Zhitong Finance App News, Zhiyang Innovation (688191.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 108 million yuan, an increase of 20.43% over the previous year; a net profit loss of 2.51 million yuan to mother; and a loss of 3.82 million yuan in non-net profit. Basic earnings per share - $0.02.
Zhiyang Innovation Technology Co., Ltd.'s (SHSE:688191) Largest Shareholders Are Private Companies Who Were Rewarded as Market Cap Surged CN¥407m Last Week
Zhiyang Innovation (688191.SH): Controlling shareholders and actual controllers voluntarily promise not to reduce their holdings in the company
Gelonghui, April 11, 丨 Zhiyang Innovation (688191.SH) announced that on April 11, 2024, the company received the “Notice Letter on Voluntary Pledges Not to Reduce the Company's Shares” issued by the controlling shareholder Zibo Zhiyang Holdings Co., Ltd. (hereinafter referred to as “Zhiyang Holdings”), the actual controllers Mr. Liu Guoyong, Mr. Nie Shugang, and Mr. Zhao Yanqing. The relevant information is now announced as follows: Based on confidence in the company's future development prospects and recognition of the company's long-term value, the company holds shares in order to enhance investor confidence and effectively maintain investors' rights and capital market stability. Shareholder Zibo Zhiyang Holdings Co., Ltd.
Zhiyang Innovation (688191.SH): Completed repurchases and repurchased a total of 0.93% of the company's shares
Gelonghui, April 11 | Zhiyang Innovation (688191.SH) announced that as of the disclosure date of this announcement, the company has completed this share repurchase. Through the Shanghai Stock Exchange trading system, the company has repurchased a total of 1,435,000 shares of the company's shares through centralized bidding transactions, accounting for 0.93% of the company's total share capital. The lowest price for the repurchase transaction was 13.37 yuan/share, the highest price was 14.75 yuan/share, and the total amount of capital paid was RMB 2.0297 million (excluding transaction fees such as stamp duty and transaction commissions).
Zhiyang Innovation (688191.SH): A total cost of 2.0297 million yuan to buy back 0.93% of shares
Gelonghui, April 2, 丨 Zhiyang Innovation (688191.SH) announced that as of March 31, 2024, the company had repurchased a total of 1,435,000 shares of the company's shares through the Shanghai Stock Exchange trading system, accounting for 0.93% of the company's total share capital. The lowest price for the repurchase transaction was 13.37 yuan/share, the highest price was 14.75 yuan/share, and the total capital paid was RMB 20,029,730.06 (excluding transaction fees such as stamp duty and transaction fees).
Zhiyang Innovation (688191.SH) announced its 2023 annual results, with net profit of 41.53 million yuan, an increase of 48.37% over the previous year. It plans to pay 2 yuan for 10
Zhiyang Innovation (688191.SH) disclosed its 2023 annual report, and the company achieved revenue of 7 in 2023...
Zhiyang Innovation (688191.SH) will list and circulate 803.48 million restricted shares starting April 8
According to Zhitong Finance App News, Zhiyang Innovation (688191.SH) announced that the restricted shares listed and distributed this time are all limited shares in the initial public offering. The limited sale period is 36 months from the date of listing of the company's shares. A total of 6 shareholders are involved. The corresponding number of shares is 803.48 million shares, accounting for 52.34% of the company's total current share capital, and will be listed and distributed from April 8, 2024.
Zhiyang Innovation Technology Co., Ltd.'s (SHSE:688191) 38% Share Price Surge Not Quite Adding Up
Zhiyang Innovation (688191.SH): First repurchase of 298,400 shares
Gelonghui, Feb. 26 | Zhiyang Innovation (688191.SH) announced that on February 26, 2024, the company repurchased 298,388 shares of the company's shares for the first time through centralized bidding trading, accounting for 0.19% of the company's total share capital. The highest price of the repurchase transaction was 13.80 yuan/share, the lowest price was 13.60 yuan/share, and the total capital paid was RMB 4,094,393.58 (excluding stamp duty, transaction commissions, etc.).
Zhiyang Innovation (688191.SH) Performance Report: 2023 net profit of 42.5979 million yuan increased 52.17% year-on-year
Gelonghui, Feb. 23 | Zhiyang Innovation (688191.SH) announced the 2023 Annual Results Report. During the reporting period, the company achieved operating income of 798.1283 million yuan, an increase of 18.90% over the same period of the previous year; operating profit of 45.2883 million yuan, an increase of 71.96% over the same period of the previous year; total profit of 44.926 million yuan, an increase of 77.93% over the same period last year; net profit attributable to owners of the parent company was 42.17% higher than the same period last year; deductions attributable to the owner of the parent company were not recurring Net profit from profit and loss2,59
Zhiyang Innovation (688191.SH): Plans to spend 20 million yuan to 40 million yuan to buy back shares
Gelonghui, February 22丨Zhiyang Innovation (688191.SH) announced that all of the shares repurchased by the company will be used for employee stock ownership plans or equity incentives at an appropriate time in the future. The total repurchase capital will not be less than RMB 20 million (inclusive) and not more than RMB 40 million (inclusive); the repurchase price will not exceed RMB 20 yuan/share (inclusive).
Weak Financial Prospects Seem To Be Dragging Down Zhiyang Innovation Technology Co., Ltd. (SHSE:688191) Stock
Zhiyang Innovation (688191.SH): The company is an early manufacturer that applied artificial intelligence technology in the transmission and substation industry
Gelonghui, December 29丨Zhiyang Innovation (688191.SH) Investor Relations Activity Record Sheet shows that the company is an early manufacturer that applied artificial intelligence technology in the transmission and transformation industry, and has a first-mover advantage in the industry. The company has rich industry experience, accumulated a large amount of industry data, and has a deep understanding of customer needs. The company has deep technical accumulation and innovation capabilities, and has a professional R&D team with extensive experience in the industry. The company will focus on the continuous upgrading of customer needs and the continuous expansion of the scope, develop more high-quality products and solutions that meet the actual needs of customers to solve customers
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