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The high-speed rail transit concept was boosted, and many stocks such as Tongye Technology, Jie'an Hi-Tech, Xianghe Industrial, Baota Industrial, Coney Mechatronics, and Xinzhu Co., Ltd. rose and stopped.
The high-speed rail transit concept was boosted, and many stocks such as Tongye Technology, Jie'an Hi-Tech, Xianghe Industrial, Baota Industrial, Coney Mechatronics, and Xinzhu Co., Ltd. rose and stopped.
Baota Industrial (000595.SZ) announced its 2023 annual results with a net loss of 163 million yuan
Baota Industrial (000595.SZ) released its 2023 annual report. During the reporting period, the company achieved revenue of 298 million yuan, an increase of 18.98% over the previous year. The net loss attributable to shareholders of the listed company was 163 million yuan, and the net loss attributable to shareholders of the listed company after deducting non-recurring profit and loss was 171 million yuan, with a basic loss of 0.14 yuan per share.
Baota Industrial (000595.SZ): The holding subsidiary was suspended by the customer from participating in procurement activities
Gelonghui, April 17 | Baota Industrial (000595.SZ) announced that the holding subsidiary Guilin Haiwei Marine Electric Co., Ltd. (“Guilin Haiwei”) was suspended from participating in procurement activities from January 27, 2024 to October 26, 2024 by the Contract Supervision Bureau of the Equipment Development Department of the Central Military Commission. On February 28, 2024, Guilin Haiwei learned that a certain qualification may be suspended for a period of time, but no specific notice has been received, and no relevant documents have been received after inquiry, so it is impossible to determine whether the matter is true or not. Since then, Guilin Haiwei has communicated with customers several times without receiving this notice. 20
Baota Industry Bags 50.6 Million Yuan China Railway Materials Contract
Baota Industry (SHE:000595), a Chinese manufacturer of ball and roller bearings, won China Railway Materials' (SHE:000927) procurement bid for freight rolling bearings after placing 50.6 million yuan,
Express News | Baota Industrial: won the bid for the 50,6411 million yuan railway truck rolling bearing joint procurement project
Baota Industrial (000595.SZ): No plans for robotics or artificial intelligence
Gelonghui March 7 | Baota Industrial (000595.SZ) said on the investor interactive platform that the company has no plans for robots or artificial intelligence yet.
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