Zhengzhou Coal Mining Machinery Group (00564) rose more than 7%, as of the time of publication, rose 7.36%, to HKD 9.19, with a turnover of HKD 16.014 million.
According to the Futu Securities News APP, Zhengzhou Coal Mining Machinery Group (00564) rose more than 7%, as of the time of publication, rose 7.36%, to HKD 9.19, with a turnover of HKD 16.014 million.
In terms of news, Zhengzhou Coal Mining Machinery Group announced its mid-term performance for 2024, with operating income of approximately CNY 18.943 billion, a year-on-year increase of 4.02%; net income attributable to shareholders of the listed company of approximately CNY 2.1615 billion, a year-on-year increase of 28.56%; and non-recurring net income of approximately CNY 1.937 billion, a year-on-year increase of 29.25%. In terms of business segments, the coal mining equipment sector achieved revenue of CNY 9.8 billion in the first half of the year, a year-on-year increase of 4.4%, and achieved a net profit attributable to the parent company of CNY 2.07 billion, a year-on-year increase of 27.6%. The auto parts business achieved revenue of CNY 9.15 billion, a year-on-year increase of 3.58%, and a net profit of CNY 0.176 billion, a year-on-year increase of 72%.
In the first half of 2024, Yaxin Automotive achieved record high revenue and net profit. Yaxin Automotive's damping seal business in the passenger vehicle and new energy sectors saw a year-on-year growth of 34%, and its main components of air suspension systems, battery cooling plates, and chassis rods successfully obtained customer designations, achieving a breakthrough from scratch. Sungetic accelerated the expansion of its new energy drive motor business, accumulating and breakthroughs in key process technology areas, helping to acquire new projects, and has obtained multiple leading customers for its rotor project.