000581 Weifu High-Technology Group
- 18.09
- -0.03-0.17%
Weifu High-Technology Group News
Weifu Hi-Tech (000581.SZ) plans to establish a joint venture with Voith Group to expand the company's hydrogen energy industry layout
Zhitong Finance App News, Weifu Hi-Tech (000581.SZ) announced that the company signed a “Memorandum of Cooperation” with Voith GmbH & Co.KGAA (hereinafter referred to as “Voith Group”) on February 22, 2024. The two sides will give full play to their respective advantages and carry out in-depth strategic cooperation in R&D and industrialization of type IV high-pressure (70MPa) hydrogen storage system products. The two sides plan to jointly carry out investment activities at home and abroad. Among them, overseas (German) investment activities mainly cover the European and American markets, and domestic (Wuxi, China) investment activities mainly cover the Chinese market. Based on the above
Weifu Hi-Tech (000581.SZ): Plans to invest no more than 48 million yuan in Auto Connect World through capital increases and share acquisitions
Gelonghui, May 14, 丨 Weifu Hi-Tech (000581.SZ) announced that Wuxi Auto Link Hi-Tech Information Technology Co., Ltd. (hereinafter referred to as “Auto Link World”) is a participating company of Wuxi Weifu Hi-Tech Group Co., Ltd. (hereinafter referred to as the “Company” or “Weifu Hi-Tech”). In order to further consolidate the company's strategic layout in the intelligent connectivity business, promote business collaboration with Auto Connect World, and help achieve the company's strategic goals, the company plans to invest no more than 48 million yuan in capital increase and share acquisition. Owns a car federation About 9.64% of the world's shares
Express News | Weifu Hi-Tech: Plans to invest in the establishment of a joint venture for the intelligent sensing business
Weifu Hi-Tech (000581): The company's operations are improving, high dividends focus on shareholder returns
Key investment events: The company recently released its 2023 annual report and 24Q1 quarterly report. In 2023/2024Q1, the company achieved revenue of 11.093/2.03 billion yuan, respectively, -12.
Weifu Hi-Tech (000581): Net profit before and after deducting 24Q1 +32.4% and +54.3% year-on-year, respectively
Core view: The company's 24Q1 revenue and net profit before and after deduction were -7.7%, +32.4%, and +54.3%, respectively. The company released its 2024 quarterly report and achieved revenue of 2.90 billion yuan, -7.7 billion yuan year on year
Express News | Weifu Hi-Tech: Net profit of 549 million yuan in the first quarter increased 32.39% year-on-year
Weifu Hi-Tech (000581.SZ): Net profit of 549 million yuan in the first quarter increased 32.39% year-on-year
On April 24, Ge Longhui (000581.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 2.03 billion yuan, down 7.66% year on year; net profit attributable to shareholders of listed companies was 549 million yuan, up 32.39% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 549 million yuan, up 54.35% year on year; basic earnings per share were 0.56 yuan.
Weifu Hi-Tech (000581): The company released 2024Q1 results and the profit growth rate slightly exceeded expectations
Incident: The company released its 2024 quarterly report. In 24Q1, it achieved operating income of 2.9 billion yuan, -7.7% year on year; net profit to mother of 549 million yuan, +32.4% year on year; net cash flow from operating activities of 458.7 million yuan
Weifu Hi-Tech (000581): Steady operation of the company and significant increase in cash dividends
The company's net profit before and after deduction in '23 was +1446.3% and +1231.5%, respectively. The company released its 2023 annual report due to the macroeconomic environment, increased competition in the automotive industry, falling precious metals prices, heavy natural gas trucks and
Express News | Weifu Hi-Tech and others invested in the establishment of a new company including the sales business of electronic special materials
Weifu Hi-Tech (000581.SZ): Net profit for 2023 increased by 1446.28% to 1,837 billion yuan, plans to distribute 10 yuan
On April 15, Ge Longhui (000581.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 11.093 billion yuan, a year-on-year decrease of 12.86%; net profit attributable to shareholders of listed companies was 1,837 billion yuan, up 1,446.28% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,597 billion yuan, an increase of 1,231.47% year on year; basic income per share was 1.88 yuan; it plans to distribute a cash dividend of 10.00 yuan (tax included) to all shareholders for every 10 shares.
Weifu High-Technology Ties Up With Voith to Invest 120 Million Euros for Hydrogen Storage Systems Production
Weifu High-Technology (SHE:000581, SHE:200581) agreed with German technology firm Voith Group to invest 120 million euros for the development of hydrogen storage systems. Both parties signed a memoran
Express News | Weifu Hi-Tech: Signed a Memorandum of Cooperation with Voith Group to advance the development of hydrogen energy business
Weifu Hi-Tech (000581.SZ): Plans to develop in-depth strategic cooperation with Voight Group in R&D and industrialization of IV high-pressure (70MPa) hydrogen storage system products
Gelonghui, Feb. 22 | Weifu Hi-Tech (000581.SZ) announced that in order to meet global energy changes and low carbon development trends and jointly promote the development of hydrogen energy business, Wuxi Weifu Hi-Tech Group Co., Ltd. signed a “Memorandum of Cooperation” with Voith GmbH & Co.KGAA (hereinafter referred to as “Voith Group”) on February 22, 2024. The two sides will give full play to their respective advantages and carry out in-depth strategic cooperation in the development and industrialization of IV high-pressure (70MPa) hydrogen storage system products. Among them, the two sides plan to jointly carry out investment actions at home and abroad, including overseas (
A-share changes | Weifu Hi-Tech's investment volume increased by more than 6%, and annual net profit surged more than 14 times
GLONGHUI, January 26 | Weifu Hi-Tech (000581.SZ) is now up more than 6%, rising 15% on the 4th to break out of the reversal market, to 16.3 yuan. The turnover has increased to 526 million yuan, with a total market value of 16.3 billion yuan. The company expects to achieve net profit of 1,797 billion yuan to 2,047 billion yuan in 2023, with a year-on-year increase of 1413% to 1623%. In the same period last year, the company recorded a special impact of 164,0683 million yuan in credit impairment losses due to the “platform trade” fraud, which led to a sharp drop in net profit in 2022.
Weifu Hi-Tech (000581.SZ): 2023 net profit pre-increased by 1413%-1623%
Gelonghui, January 25 | Weifu Hi-Tech (000581.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 1,797.17 million yuan - 2047.17 million yuan, an increase of 1413%-1623% over the same period last year; net profit profit after deducting non-recurring profit and loss was 1,592.99 million yuan - 1842.99 million yuan, an increase of 1228% to 1436% over the same period last year; basic earnings per share were 1.64 yuan/share - 1.90 yuan/share. In the same period last year, the company accrued 16 credit impairment losses due to “platform trade” fraud
Weifu Hi-Tech (000581): The new and old business dual-engine drive development company has undervaluation and high investment value
The company is a double leader in the domestic “high pressure common rail+exhaust aftertreatment” market, and is optimistic about the “dual engine drive” development of the company's core genetic business and strategic emerging business. In the short term, the company has investment value with undervaluation and high dividends; in the medium term, it benefits from many products
Weifu Hi-Tech (000581.SZ): The holding subsidiary plans to establish a joint venture company, Wuxi Zhuowei Hi-Tech
Gelonghui, December 28 | Weifu Hi-Tech (000581.SZ) announced that in order to extend the post-processing business value chain, the holding subsidiary of Wuxi Weifu Hi-Tech Group Co., Ltd. (“Weifu Hi-Tech” or the “Company”), Wuxi Weifulida Catalytic Purifier Co., Ltd. (“Weifu Lida” for short), Shanghai Weiyi Enterprise Management Co., Ltd. (“Shanghai Weiyi”) and Wuxi Weiyi Enterprise Management Partnership (Limited Partnership) (“Wuxi Weiyi”) signed a “Joint Venture Agreement” on December 27, 2023. The establishment of Wuxi Zhuo was funded by monetary means Weigao Technology Co., Ltd. (temporary
Weifu Hi-Tech (000581.SZ): Holds 20% of the shares of Zhonglian Automotive Electronics Co., Ltd.
On December 6, Gelonghui (000581.SZ) stated on the investor interactive platform that the company holds 20% of the shares of Zhonglian Automobile Electronics Co., Ltd., and Zhonglian Automobile Electronics Co., Ltd. holds 49% of the shares of United Automobile Electronics Co., Ltd.
Weifu Hi-Tech (000581) 2023 Third Quarter Report Commentary: Q3 Performance Meets Expectations, Steady Operation
Weifu Hi-Tech achieved revenue of 8.342 billion yuan (-14.39% year-on-year) and net profit of 1,322 billion yuan (+4.37% year-on-year) in the 1st to 3Q of 2023. Of these, 2023Q3 revenue was 2,213 billion yuan
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