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kuang-chi technologies (002625.SZ): Phase one of Base 905 is expected to complete production construction work by mid-2025
Gelonghui November 6th | kuang-chi technologies (002625.SZ) held a performance briefing on November 5, 2024, regarding 'What are the construction and production arrangements for Zhuzhou 905 base?' The company stated that the first phase of the 905 base covers an area of approximately 226 acres. The first phase of the 905 base is expected to complete production construction work by mid-2025 and officially start production in October 2025.
Kuang-chi Technologies (002625.SZ): The current production base is operating at full capacity.
Gelonghui November 6th | kuang-chi technologies (002625.SZ) held a performance briefing on November 5, 2024, answering the question "How is the current capacity utilization rate of the company?" The company stated that the current production base is operating at full capacity, and the capacity shortage situation has not been completely relieved. The company is accelerating the construction of a new base, and it is expected that by the second half of 2025, the issue of capacity shortage will be initially resolved.
kuang-chi technologies (002625.SZ): In the third quarter, the revenue of the super-materials business is mainly contributed by batch business.
Kuang-chi Technologies (002625.SZ) held a performance briefing on November 5, 2024, regarding the composition of the third quarter's advanced materials business, asking about the proportion of production and research income. The company stated that the third quarter's advanced materials business revenue is mainly contributed by production business. However, the actual production situation does not necessarily correspond directly to the revenue recognition, and there are differences in the income recognition cycles between research and development business and production business. Therefore, inferring the production situation based on the composition of quarterly advanced materials business revenue is inaccurate.
kuang-chi technologies (002625.SZ): At the Zhuhai Airshow, the company will launch a complete aircraft product for the low-altitude economy sector.
Gelonghui on November 6th. Kuang-chi Technologies (002625.SZ) held a performance briefing on November 5, 2024, addressing the question, "Regarding the low-altitude economic products released by the company at the Zhuhai Air Show, what exactly are they, whole aircraft or structural components?" The company stated that at the Zhuhai Air Show, they will unveil a complete aircraft product in the low-altitude economic sector, rather than individual components. The aircraft unveiled this time combines metamaterial technology, featuring unique lightweight design and electromagnetic modulation performance, marking a new breakthrough for the company in the full chain development of low-altitude aircraft.
kuang-chi technologies (002625.SZ): has cooperated with HW in multiple areas, including testing and technical exchanges in the early stages of product development.
Gelonghui November 6th | kuang-chi technologies (002625.SZ) held a performance briefing on November 5, 2024, regarding "whether there is cooperation with HW in the direction of mobile phones?" The company stated that it has collaborated with HW in multiple areas, including testing and technical exchanges in the early stages of product development. However, for specific details regarding cooperation in the field of mobile phones, please pay attention to the company's subsequent announcements.
Hong Kong stocks anomaly | Kuangchi (00439) surged more than 15% during trading hours. Kuang-chi technologies stated that they will release integrated products for the low-altitude economy sector.
kuangchi (00439) surged over 15% intraday, as of the time of writing, up 10.5% to HK$2.21, with a turnover of 10.5372 million Hong Kong dollars.
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