600704 Wuchan Zhongda Group
- 4.36
- -0.05-1.13%
Wuchan Zhongda Group News
Wuchan Zhongda Group Probing Subsidiary Over Missing Copper Shipment
Wuchan Zhongda Group (SHA:600704) is looking into the copper trading activities of 78.18%-owned Wuchan Zhongda International Trade Group following media reports of a missing shipment of copper from Ru
Express News | A share buyback overview (June 17th): 6 companies disclose progress on buybacks.
Billions of copper from Russia went missing, and Wuchan Zhongda Group has a history of lost goods.
The lost 2000 tons of copper products have pushed Wuchan Zhongda Group into the public eye.
Wuchan Zhongda Group responds to reports of lost copper products: it will not have a significant impact on the company's subsequent operation.
On June 14th, GeLongHui reported that Wuchan Zhongda Group announced that it has recently been scrutinized by the media for its copper product trading business. The company has made preliminary verification of the relevant situation. The incident involves an amount of approximately RMB 110 million, which accounts for a small portion of the company's net income attributable to shareholders and will not have a significant impact on the company's subsequent operations. The company will closely monitor the progress of this event.
Express News | Wuchan Zhongda Group issued an announcement regarding media reports, stating that recently, the media has paid attention to the company's copper product trade business, and the company is further verifying the situation with its subsidiary, Wuchan Zhongda
Li'an Technology (300784.SZ): Its main customers include Logitech International, Hikvision Group, Minth Group, Prudential Junsheng, Wuchan Zhongda Group, etc.
Lian Technology (300784.SZ) stated on the investor interaction platform on June 12 that the company's products are widely used in fields such as consumer electronics, toys, daily necessities, auto parts, and medical instruments. The main customers include Logitech International, Hikvision Group, Minth Group, Praj Industries, and Wuchan Zhongda Group.
Bussan Zhongda (600704.SH): The company's business does not currently involve drone transportation logistics
Gelonghui, May 17 | Bussan Zhongda (600704.SH) said on an interactive platform that the company's business currently does not involve drone transportation logistics.
Bussan Zhongda (600704.SH): By the end of 2023, the number of operating beds had reached 5042
Gelonghui, May 11 | Bussan Zhongda (600704.SH) said at the performance briefing that since starting the pension business, the company's subsidiary Bussan Zhongda Jinshi Company has systematically created the “Long” series of “Yihe Garden” product lines, including high-end pension institutions with integrated medical care - Langhe International Medical Care Center, a community-embedded institution - Zhongdalang Home Care Service Center, and a large-scale CCRC pension community - Zhongda Langyuan. Currently, it has 8 major international medical care centers, 20 home care service centers, and 5 CCRC model continuous care communities. Number of operating beds as of the end of 2023
Bussan Zhongda (600704.SH): The fundamentals of iron ore supply and demand may gradually improve in the second quarter, but it is expected that it will continue to be dominated by accumulation
Gelonghui, May 11 | Bussan Zhongda (600704.SH) said at the performance briefing that it is expected that commodity prices will still diverge in the second quarter. The detailed analysis is as follows: Iron ore: The fundamentals of iron ore supply and demand may gradually improve in the second quarter, but it is expected that it will continue to be dominated by accumulation. In terms of prices, the average value may be lower than in the first quarter. Iron ore prices may show a rebound trend due to effects such as falling port inventories and a rebound in mineral prices. Steel: Industrial chain conflicts still exist in the second quarter, but there are marginal improvements. Steel futures prices are likely to bottom out. The key point is the recovery in demand. The market is expected to fluctuate as demand fluctuates
Bussan Zhongda (600704.SH): The import and export business has covered about 90 countries around the world and has more than 200 key foreign trade customers
Gelonghui, May 11丨Bussan Zhongda (600704.SH) said at the performance briefing that at present, the company's import and export business has covered about 90 countries around the world and has more than 200 key foreign trade customers. Among them, the “Belt and Road” countries account for about 60% of the company's total foreign trade business. Since the company's total import and export volume exceeded 10 billion US dollars in 2020, the total import and export volume has stabilized at more than 15 billion US dollars in recent years. It has always maintained the top position among enterprises in Zhejiang Province. The overall foreign trade business is developing steadily. The total import and export volume (including re-export) completed by the company in 2023 is 167.9
The futures concept picked up in the afternoon. Langyuan shares rose nearly 13%, Zhuochuang Resources rose nearly 10%, Yuanda Environmental Protection, Guangdong Electric Power A, Fangzheng Securities, and Bussan Zhongda all rose 3%, and Xinhuangpu and ot
The futures concept picked up in the afternoon. Langyuan shares rose nearly 13%, Zhuochuang Resources rose nearly 10%, Yuanda Environmental Protection, Guangdong Electric Power A, Fangzheng Securities, and Bussan Zhongda all rose 3%, and Xinhuangpu and others followed suit.
Express News | “Shenzhen Stock Exchange · Chuangxiang Club” held a special event on mergers, acquisitions and restructuring to help cultivate and develop new quality productivity
Bussan Zhongda (600704): “One, Two Wings” Results Reveal the Acquisition of Qixin to Co-create a Better Future for “Magnesium”
Event: Bussan CUHK released its 2023 annual report. In 2023, the company achieved revenue of 580.16 billion yuan, up 0.6% year on year; net profit to mother was 3.62 billion yuan, down 7.9% year on year; deducted non-net profit of 3.03 billion yuan
Bussan Zhongda (600704.SH) reported 2023 results, with net profit of 3,617 billion yuan, a year-on-year decrease of 7.85%
Bussan CUHK (600704.SH) released its 2023 annual report. The company achieved operating income of 58 during the reporting period...
Express News | Bussan Zhongda: Net profit from mother in the first quarter was 828 million yuan, down 14.5% year on year
Express News | Bussan Zhongda and others set up an equity investment partnership for 300 million yuan
Express News | Bussan Zhongda invests in the establishment of a new automobile company in Hangzhou
Express News | Bussan Zhongda Group and the Kunming Municipal Government jointly unveiled the Yunnan International Commodity (Rubber) Settlement Center
Bussan Zhongda (600704.SH): The subsidiary is a qualified enterprise for recycling and dismantling of end-of-life motor vehicles certified by the Zhejiang Provincial Department of Commerce
Gelonghui, March 25 | Bussan Zhongda (600704.SH) said on the interactive platform that Zhejiang Yuantong Material Recycling and Dismantling Co., Ltd., a subsidiary of the company, is a qualified enterprise for recycling and dismantling of end-of-life motor vehicles (including new energy motor vehicles), and the use of recycled automobile parts. Currently, the business is still in the cultivation stage, with a relatively small overall impact on the company.
The Returns At Wuchan Zhongda GroupLtd (SHSE:600704) Aren't Growing
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'd want to identify a growing return on capital employed (ROCE) and th
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