SHE:300763

4 stories mentioning SHE:300763Updated 5h ago

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Ginlong Technologies to Sell Two Project Subsidiaries for Over 7 Million Yuan

Ginlong Technologies (SHE:300763) subsidiaries Ginlong Smart and Zhejiang Haisu will transfer all the equity of Julu Chengyang and Julu Yirui to Shijiazhuang Zhenggang for a combined 7.2 million yuan.The two target companies operate rooftop distributed photovoltaic projects with a combined capacity of about 2.6 megawatts, according to a weekend filing with the Shenzhen bourse.The transaction is expected to generate pre-tax profit of about 334,500 yuan.Shares of the PV string inverter specialist closed 2% lower Monday.

SHE:300763

Asia75d ago

Ginlong Expects H1 Profit to Drop Up to 24%

Ginlong Technologies (SHE:300763) forecasted that its net profit attributable to shareholders in the first half would drop by between 32% and 24% year on year to a range of 410 million yuan to 460 million yuan, according to a Shenzhen bourse filing on Wednesday.The attributable profit a year earlier was 602.2 million yuan.The drop was attributed to seasonal fluctuations in the company's new energy power generation and residential photovoltaic power generation system due to weather changes.The Chinese PV string inverter specialist's shares fell 7% at the close.

SHE:300763

Asia147d ago

Ginlong Technologies' Q1 Profit Plunges 69% on Lower Revenue; Shares Slump 16%

Ginlong Technologies' (SHE:300763) net profit attributable to shareholders in the first quarter of 2026 plummeted 69% year on year to 61.2 million yuan from 194.7 million yuan, according to a Shenzhen bourse filing on Monday.Earnings per share edged down to 0.15 yuan from 0.49 yuan.The Chinese PV string inverter specialist's revenue fell 6.5% to 1.42 billion yuan from 1.52 billion yuan a year earlier.Ginlong's shares slumped 16% in late-afternoon trade on Monday.

SHE:300763

Asia147d ago

Ginlong Technologies' 2025 Profit Rises 7.5%; Shares Slump 16%

Ginlong Technologies' (SHE:300763) net profit attributable to shareholders in 2025 jumped 7.5% year on year to 743.2 million yuan from 691.2 million yuan, according to a Shenzhen bourse filing on Monday.Earnings per share edged up to 1.88 yuan from 1.75 yuan.The Chinese PV string inverter company's revenue rose 6.3% to 6.95 billion yuan from 6.54 billion yuan a year earlier.Shares of Ginlong plunged 16% in late-afternoon trade on Monday.

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