Shaoyang Hydraulic (301079.SZ) released an unusual movement announcement. The company signed a "Product Purchase and Sale Contract" with Shanghai Aoshui Automation Equipment Co., Ltd. on March 1, 2017. The SCM (Deep Water Control Module) intelligent testing system designed and manufactured by the company is a deep-sea monitoring hydraulic system used in the field of petroleum extraction, capable of collecting underwater data and feeding it back to the surface operations platform for fault diagnosis. The contract amount for this project is 2.45 million yuan, which is a very small proportion of the company's revenue for that year. This product is a customized product and has not been utilized in other projects. The company's hydraulic plunger pumps, hydraulic cylinders, and Control System products have a relatively small sales proportion in the deep-sea field, and they do not have a significant impact on the company's performance. The future business development situation of the company in this field still has uncertainties.
Shaoyang Hydraulic: The sales in the deep-sea field are relatively small.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Market Insights
Discussing
The Sino-US talks are back! How to seize investment opportunities recently?
On June 9 to 10 local time, the first meeting of the China-U.S. economic and trade consultation mechanism was held in London, United Kingdom
Food流油
Apr 14 15:43
"Leaving the Group - Raising Taxes - Tweeting: The 'Money Making Strategy' of the Most Wild Gemini in Contemporary Times"
Investment Course
Choose stocks based on financial reports
Quickly master financial season learning guidelines
When the financial season comes, company stock prices are the most likely to rise and fall, and many excellent investors will see the financial season as a good
[2025.2] How should NVIDIA's performance be viewed? The key indicator to watch for short-term stock prices is this.
NVIDIA has been one of the best-performing Technology giants in the US stock market over the past two years, and since 2024, its stock price has experienced sig
How to view Tesla's performance in January 2025? Pay attention to these four key points.
It's earnings season for US stocks again. The performance of giant companies not only affects their own stock prices but also influences the overall trend of th