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The wholly-owned subsidiary of Weili Transmission (300904.SZ) has received project approval and approval.
On April 28, Gelonghui reported that Weili Transmission (300904.SZ) announced that to promote the development of the New energy Fund, Yinchuan Weili Transmission Technology Co., Ltd. (hereinafter referred to as "the company") actively connected with relevant government departments after learning about the notice from the Ningxia Hui Autonomous Region Development and Reform Commission (hereinafter referred to as "the Regional Development and Reform Commission") and the Ningxia Hui Autonomous Region Agriculture and Rural Affairs Department regarding the issuance of the 'Overall Plan for the Ningxia Hui Autonomous Region "Thousand Towns and Ten Thousand Villages Wind Action"' (Ningfa Gai Neng (Development) [2024] No. 450) and participated in project applications.
Power Transmission: first quarter report 2025
Power Transmission: 2024 Annual Report Summary
Power Transmission: 2024 Annual Report
Power Transmission (300904.SZ): A net loss of 29.5497 million yuan is expected in 2024.
On April 25, Gelonghui announced that Weili Transmission (300904.SZ) released its annual report for 2024, reporting revenue of 0.345 billion yuan, a decrease of 37.60% year-on-year; the net income attributable to shareholders of the listed company was -29.5497 million yuan, and the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -0.116 billion yuan, with an EPS of -0.41 yuan. In 2025, the company will continue to enhance product quality and cost reduction capabilities by integrating the supply chain, upgrading technology, and optimizing internal management, further maintaining cooperative relationships with customers and continually strengthening.
Some Confidence Is Lacking In Yinchuan Weili Transmission Technology Co., Ltd. (SZSE:300904) As Shares Slide 27%
Yinchuan Weili Transmission Technology Co., Ltd.'s (SZSE:300904) Shares Climb 46% But Its Business Is Yet to Catch Up
