Is baosheng science and technology innovation 'painfulletting go'? yangtze optical fibre and cable joint stock takes over multiple 'national champions' in domestic submarine cable assets | quick announcement

① Baosheng Submarine Cable will transfer 30% of its equity to Yangtze Optical Fibre and Cable, becoming a subsidiary and controlling shareholder of Yangtze Optical Fibre and Cable, with a transaction amount of 0.583 billion yuan; ② As an important subsidiary of Baosheng Science and Technology Innovation, Baosheng Submarine Cable has high standards and a total investment of 5 billion yuan, with multiple 'domestic best' project assets; ③ This year, the profit performance of many companies' submarine cable business has been under pressure due to factors such as the delay in the start of domestic offshore wind projects.

cls.cnSep 20 11:49 ET

Affected by the intensified competition in the rail transit market, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first half of the year. It will still take time for the low-altitude business to contribute

①Regarding the decrease in revenue, China Railway Signal & Communication Corporation stated that the company is focusing on the development of its main tasks, promoting the transformation and upgrading of traditional industries, preventing operational risks, and the income from engineering projects has decreased. ②In the first half of 2024, the company's total newly signed contract amount accumulated to 21.023 billion yuan, a year-on-year decrease of 33.62%.

cls.cnAug 28 20:55 ET

Huawei Everest Super Charging Station is about to be released, and the charging infrastructure market is expected to continue to grow in volume.

According to Huawei's official WeChat account, the Mount Everest charging station launch event and the commercial ceremony of the Ultra Charge Alliance will begin on September 3. The Ministry of Transportation vigorously promotes the use of high-power charging facilities in highway service areas, and high-quality charging infrastructure represented by Huawei Ultra Charge continues to participate in the construction of a comprehensive charging network.

cls.cnAug 28 19:25 ET

times electric's net profit in the first half of the year increased by 30.56% year on year. Some of the investment projects are delayed.

Times Electric stated that in the first half of 2024, the increase in revenue was due to the growth of railroad investments and the recovery of passenger traffic, resulting in a year-on-year increase in the acceptance and delivery volume of rail transit products.

cls.cnAug 23 22:43 ET

Net income in the first half decreased by nearly 40%, Inner Mongolia First Machinery Group: Some significant contracts will be delivered in the second half of the year. | Interpretations

①Inner Mongolia First Machinery Group's performance in the first half of the year slowed down, with a nearly 40% year-on-year decrease in net income for H1; ②Company officials stated: "Some significant contracts will be delivered in the second half of the year, involving both military and civilian products".

cls.cnAug 21 08:32 ET

China's most profitable airline splurges 100 billion.

To create a world-class airline.

wallstreetcnAug 8 00:44 ET