Another change? It is reported that Trump is about to take action to adjust Autos tariffs to alleviate the impact.
According to media reports citing informed sources, President Trump of the USA is expected to take action on Tuesday to mitigate the impact of his Autos tariff policy.
USPACE TECH: 2024 ANNUAL REPORT
How high are the current tariffs in the USA? Economists driven nearly insane by Trump have done the calculations.
According to recent estimates from industry insiders, the effective tariff rate imposed by the Trump administration on all imports into the USA has now reached between 22% and 27%; The top end of this range (27%) would push the USA's effective tariff rate beyond the level seen in 1903. Even at the lower end (22%), tariffs would reach the highest level since 1910.
USPACE TECH: SUPPLEMENTAL ANNOUNCEMENT OFANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
In its performance report, USPACE TECH (01725.HK) reported an annual loss narrowed to 0.198 billion yuan.
USPACE TECH (01725.HK) announced its annual results for the year ending last December, with continuing Operation Business revenue of 0.316 billion yuan (RMB), a decrease of 32.7% year-on-year. Losses narrowed to 0.198 billion yuan, compared to a loss of 0.211 billion yuan in the same period last year; the loss per share was 51.94 cents. No dividend is declared.
USPACE TECH: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
USPACE TECH (01725.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Glory Union reported on March 19 that USPACE TECH (01725.HK) announced that the Board of Directors will hold a meeting on March 31, 2025, to approve (including) the annual results of the company and its subsidiaries for the year ending December 31, 2024, and to propose the distribution of a final dividend (if any).
USPACE TECH: NOTICE OF BOARD MEETING
USPACE Technology Sees 2024 -Loss CNY250.0M>1725.HK
USPACE Technology: Increase in Loss Due Impairment Loss >1725.HK
USPACE TECH (01725) issues a profit warning, expecting a net loss of no less than 0.25 billion yuan for the fiscal year 2024.
USPACE TECH (01725) announced that the group expects for the fiscal year ending December 31, 2024...
USPACE TECH: PROFIT WARNING
USPACE to Supply 600 Satellites to UAE Firm for $21 Million
USPACE TECH (01725.HK) signed a satellite supply agreement worth a total of 21 million USD.
USPACE TECH (01725.HK) announced a procurement contract with TREEFAM, according to which the company will supply 600 remote sensing Satellites with a spatial resolution of 5 meters (model A-OS15-6U) to TREEFAM. The total contract price is 21 million USD, and the Satellites will be delivered within three years from the effective date. TREEFAM is a company formed and existing under the laws of the UAE, headquartered in Dubai, UAE.
USPACE TECH (01725.HK) has signed a procurement contract with TREEFAM.
On February 17, Glonghui reported that USPACE TECH (01725.HK) announced that on February 17, 2025, the company entered into a procurement contract with TREEFAM Holdings L.L.C-FZ (TREEFAM), under which the company will supply and TREEFAM will purchase 600 remote sensing Satellites with a spatial resolution of 5 meters (model A-OS15-6U). The total contract value is 21 million USD, and the Satellites will be delivered within three years from the effective date. The signing of the contract indicates that the company produces 5-meter spatial resolution images using an industrialized, scaled, and mass-production model.
USPACE TECH (01725) intends to supply TREEFAM with 600 Remote Sensing Satellites with 5-meter spatial resolution.
USPACE TECH (01725) announced that on February 17, 2025, the company has entered into an agreement with TREEFAM...
USPACE Technology to Cooperate With Bahrain's National Space Science Agency
Announcement highlights | SUNNY OPTICAL expects a net profit increase of 140%-150% in 2024; CHINA POWER anticipates a more than 20% increase in electricity sales in 2024.
AIA: Completed the company's $12 billion share buyback plan; MGM CHINA: The net income for the entire year of 2024 is $4 billion, a year-on-year increase of 28%.
USPACE TECH (01725.HK) signed a memorandum of understanding with the Bahrain National Space Agency.
USPACE TECH (01725.HK) announced that it has signed a memorandum of understanding with the National Space Science Agency of Bahrain (NSSA) to propose collaboration in areas such as Satellite manufacturing, Satellite testing and control, and data application activities. This includes making the group's advanced Satellite manufacturing center, testing and control center, and data application center available for NSSA's use; providing ground station services for NSSA's testing and control needs; and exploring the possibility of conducting a Satellite exhibition in Bahrain.
USPACE TECH (01725.HK) may attract investment from a third party, Jiutian International, holding no less than 30%.
USPACE TECH (01725.HK) announced that on February 3, it entered into a memorandum of understanding with independent third party Jiutian International, under which Jiutian International may subscribe for no less than 30% of the company's expanded share capital. Jiutian International is wholly owned by Zhao Wei, who is a Director and President of Peking Jiutian Weixing, as well as an executive managing partner of the Guozhi Intellectual Property Equity Fund.