Kyushu Rail (688485.SH) announced its 2023 annual results, with net profit of 1.277,200 yuan, a year-on-year decrease of 98%
Kyushu First Track (688485.SH) released the 2023 annual performance report. The company achieved operating income of 2 during the reporting period...
Kyushu Rail (688485.SH): A total of 1.0366% of shares have been repurchased
Gelonghui, March 25 | Kyushu Rail (688485.SH) announced that as of March 25, 2024, the company had repurchased 1,558 million shares through the Shanghai Stock Exchange system, accounting for 1.0366% of the company's total share capital. The highest purchase price was 10.27 yuan/share, the lowest price was 8.89 yuan/share, and the total amount paid was 149.666 million yuan (excluding transaction fees such as stamp duty and transaction commissions).
Kyushu Rail (688485.SH): Plans to establish a wholly-owned subsidiary in Hebei to build a production base in Hebei
Gelonghui March 21丨Kyushu Rail (688485.SH) announced that in order to match the company's current sharp increase in supply demand and meet the actual need to expand production capacity, Beijing Jiuzhou First Rail Environmental Technology Co., Ltd. set up a wholly-owned subsidiary Hebei Jiuzhou Railway Environmental Technology Co., Ltd. in Bazhou, Hebei with its own capital of 10 million yuan to comprehensively advance preparations for the production base in Bazhou, Hebei.
Kyushu One Track (688485.SH): initial repurchase of 83,800 shares
Gelonghui, Feb. 21, 丨 Kyushu Rail (688485.SH) announced that on February 21, 2024, the company repurchased 83,845 shares of the company's shares for the first time through centralized bidding transactions, accounting for 0.055788% of the company's total share capital of 150,292,062 shares. The highest price of the repurchase transaction was 9.18 yuan/share, the lowest price was 8.89 yuan/share, and the total amount of capital paid was RMB 755,202.30 (excluding transaction fees such as stamp duty and transaction fees).
Kyushu Rail (688485.SH): Guangzhou intelligent production R&D base enters trial production stage
Gelonghui, Feb. 2: Kyushu Rail (688485.SH) announced that in March 2023, the construction of the Kyushu Rail Guangzhou Intelligent Production R&D Base will officially commence. In January 2024, the internal decoration of the base was completed, and all production equipment has been installed, commissioned, and trial production conditions are in place. On February 1, 2024, the base production line was officially put into trial production, and the project began trial production.
Kyushu First Track (688485.SH): 2023 net profit pre-reduced by 87.50% to 98.44%
Gelonghui, January 29丨Kyushu First Track (688485.SH) announced that net profit attributable to shareholders of listed companies is expected to be 1 million yuan to 8 million yuan in 2023. Compared with the same period last year (statutory disclosure data), it will decrease by 55.9914 million yuan to 62.9914 million yuan, a year-on-year decrease of 87.50% to 98.44%. The company expects to achieve net profit of -8 million yuan to -1 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies in 2023, a decrease of 6,221.19 compared with the same period last year (statutory disclosure data)
Kyushu First Track (688485.SH): 49.4918 million restricted shares listed and in circulation on January 18
Gelonghui, January 10 | Kyushu Rail (688485.SH) announced that the number of shareholders with restricted shares listed and in circulation is 29. The number of shares that have been lifted is 49.4418 million shares, accounting for 33.2298% of the company's total share capital. It will be listed and distributed from January 18, 2024.
Kyushu First Rail (688485.SH): Preparation for Guangzhou production base has begun
On December 7, GLONGHUI (688485.SH) recently stated in receiving research from institutional investors that the company has built an intelligent manufacturing center in Fangshan District, Beijing, equipped with highly automated and high-precision production equipment such as robots and CNC laser cutting machines. In 2023, in order to reduce comprehensive manufacturing costs, the company withdrew most of the outsourced processing processes. On the basis of ensuring production safety and quality, closed-loop production efficiency was greatly improved, and the goal of cost reduction and efficiency was achieved. At the same time, the company has begun preparations to build a production base in Guangzhou, mainly developing and producing polyurethane damping pads for rail and construction applications. Public
Kyushu First Rail (688485.SH) plans to invest 28 million yuan in core industries related to new infrastructure such as rail transit
The Kyushu First Rail (688485.SH) announced that the company plans to participate in the investment of Beijing Cornerstone Zhiying Venture Capital with its own capital...
Kyushu First Rail (688485.SH): Currently, the company's products have not been used in the automotive industry
On December 4, Gelonghui (688485.SH) stated on the investor interactive platform that our company is committed to developing vibration reduction and noise reduction technology and products in the fields of rail transit, construction engineering, and industrial production. Currently, the company's products have not been used in the automotive industry.
Kyushu First Rail (688485.SH) released the first three quarter results, with a net loss of 6.33 million yuan
Kyushu First Rail (688485.SH) disclosed its report for the third quarter of 2023. The company achieved revenue of 1 in the first three quarters...
Kyushu Rail (688485.SH) appoints Lee Soo-ching as head of finance
Kyushu Rail (688485.SH) issued an announcement, and the company's board of directors deliberated and approved the “On Appointing the Company's Financial Responsibility...
Kyushu Rail (688485.SH): The company has completed the development of software and hardware for the “Online Wheel Track Condition Monitoring System”, and the technology and products have been formed
GLONGHUI, Oct. 16 | Kyushu Rail (688485.SH) said in response to research from specific subjects that the company has completed the development of software and hardware for the “Wheel Track Status Online Monitoring System”, and that the technology and products have been developed. The system has been applied to multiple lines in cities such as Beijing, Zhengzhou, and Lanzhou, and has deployed nearly 40 track monitoring sections. In order to improve the evaluation and analysis system of the “Wheel Track Condition Online Monitoring System”, the company has completed the research and development of the “Vehicle Vibration Intelligent Detector”. This detector can continue to provide special inspection and analysis services for uneven urban rail track dynamics. As of the end of June 2023, the company was already in Beijing,
Kyushu Rail (688485.SH): Guangzhou production base is expected to be officially put into operation in the fourth quarter of 2023
GLONGHUI, Oct. 16, 丨 Kyushu Rail (688485.SH) said in response to research from specific subjects that the company began preparing a production base in Guangzhou in March 2023, is currently in the commissioning stage of production equipment, and is expected to be officially put into operation in the fourth quarter of 2023. The Guangzhou production base mainly produces polyurethane damping pads for rail and construction applications.
Kyushu Rail (688485.SH): Approved to build the National Environmental Protection Urban Rail Transit Vibration and Noise Control Engineering Technology Center
Gelonghui, September 6: Kyushu Rail (688485.SH) announced that according to the “Letter on Agreeing to Build a National Environmental Protection Urban Rail Transit Vibration and Noise Control Engineering Technology Center” (Environmental Science Financial Letter (2023) No. 74) issued by the Ministry of Ecology and Environment of the People's Republic of China, the Ministry of Ecology and Environment of the People's Republic of China agreed to rely on the company to build a national environmental protection urban rail transit vibration and noise control engineering technology center.
Kyushu Rail (688485.SH) released the first half of the year results, with a net loss of 8.9187 million yuan, narrowing the year-on-year loss
According to Zhitong Financial App, Kyushu Railway (688485.SH) released the 2023 semi-annual report. The company's operating income was 108 million yuan, up 135.40% year on year; net loss attributable to shareholders of listed companies was 8.9187 million yuan, narrowing the year-on-year loss; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was 11.228 million yuan, narrowing the year-on-year loss; basic loss per share was 0.06 yuan/share. Revenue increased by 135.40% during the reporting period, mainly due to the construction progress of various projects. This was due to an increase in construction projects during the reporting period; net attributable to shareholders of listed companies
Kyushu First Track (688485.SH): The ban on 14459.94 million restricted shares will be lifted on July 18
On July 9, | Kyushu Track (688485.SH) issued an initial public offering of offline restricted shares for listing and circulation. The number of shares that have been lifted from the listing restrictions is 14459.94 million shares. The sales limit period is 6 months from the date of listing of the company's shares; the current listing and circulation date is July 18, 2023.
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