SHE:000400

2 stories mentioning SHE:000400Updated 16d ago

Every FINWIRES story that references SHE:000400, newest first.

XJ Electric Wins 1.25 Billion Yuan in Electrical Equipment Bids for China's State Grid; Shares Rise 6%

XJ Electric (SHE:000400) won bids to supply electrical equipment to the State Grid Corp. of China for about 1.25 billion yuan, according to a Thursday disclosure to the Shenzhen Stock Exchange.The company won a 1.13-billion-yuan bid for converter valves, measuring devices, switchgear, secondary equipment, and other products for an ultra-high-voltage project.It also won a measuring device bid for 96.1 million yuan and secondary equipment for 2.5 million yuan.Subsidiary Henan XJ Electric Switchgear won switchgear bids for 18.8 million yuan.Shares rose 6% during afternoon trading on Thursday.

SHE:000400

Asia117d ago

XJ Electric's 2025 Profit Rises 5%, Revenue Drops 12%; Shares Dip 10%

XJ Electric's (SHE:000400) net profit attributable to shareholders in 2025 rose 4.5% to 1.17 billion yuan from 1.12 billion yuan a year earlier, according to a Shenzhen bourse filing on Saturday.The Chinese electrical equipment manufacturer's shares slumped 10% during Monday's morning trade.Earnings per share climbed 4.6% year on year to 1.15 yuan from 1.10 yuan.Operating revenue fell 12% to nearly 15 billion yuan from 17.1 billion yuan in the previous year.

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