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Seijin Electric (688280.SH): Currently, the main electric drive system projects in mass production include FAW's pure electric and hybrid models
Gelonghui, May 23丨Jingjin Electric (688280.SH) said on the investor interactive platform that the company's main electric drive system projects are currently mass-produced by FAW's pure electric and hybrid models, SAIC's hybrid models, Chery's hybrid model platforms, and BAIC off-road range extendable model platforms (including silicon carbide controllers). Overseas, there are two Strantis Group projects, one supporting a hybrid model platform and the other supporting a pure electric platform.
Jingjin Electric (688280.SH) does not plan to distribute profits in 2023
According to Zhitong Finance App News, Jingjin Electric (688280.SH) issued an announcement. Since the company achieved negative net profit attributable to the owner of the parent company in 2023, and the company's cumulative undistributed profit as of December 31, 2023, it has not yet met the relevant provisions of the “Jingjin Electric Technology Co., Ltd. Constitution” profit distribution conditions. After comprehensively considering factors such as the company's operation, returns to all shareholders and future development, the company plans not to distribute profits in 2023.
Precision Electric (688280.SH): The silicon carbide controller exported to Europe has now reached the final inspection and testing stage
Gelonghui, May 14 | Jingjin Electric (688280.SH) said on the investor interactive platform that the company currently supplies a platform product for Chery. For Jingjin, the product has only two specification types (2 motors, 1 drive motor, 1 generator), corresponding to multiple models of Chery's hybrid platform, involving brands such as Arrizo, Tiggo, Fengyun, Starway, and export products. Please understand that due to customer requirements, the company cannot disclose specific models. Customers have been releasing these models one by one since Q4 '23. Regarding silicon carbide controllers exported to Europe, they have now arrived
Jingjin Electric (688280.SH) announced first-quarter results with a net loss of 120 million yuan
According to the Zhitong Finance App, Jingjin Electric (688280.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 275 million yuan, an increase of 54.42% over the previous year; a net profit loss of 120 million yuan to mother; and a loss of 137 million yuan in non-net profit. Basic earnings per share -0.2 yuan.
Jingjin Electric (688280.SH): 2023 net profit - $577 million
On April 25, Ge Longhui Electric (688280.SH) released its 2023 annual report, achieving operating income of 866 million yuan, a year-on-year decrease of 15.13%; net profit attributable to shareholders of listed companies - 577 million yuan, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 611 million yuan, and basic earnings per share - 0.98 yuan.
Seijin Electric (688280.SH): No projects involving flying cars
Gelonghui March 19 丨 Jingjin Electric (688280.SH) said on the investor interactive platform that the company has no flying car projects.
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