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Express News | AVIC Heavy Machinery: intends to acquire 7.81% equity of Anji Precision Casting for 0.13 billion yuan.
Avic Heavy Machinery (600765): Acquires partial equity of Anji Precision Casting to initiate an important step in industry chain integration.
On the evening of October 30, avic heavy machinery announced that it plans to use its own funds of no more than 0.13 billion to acquire 7.81% equity of Anji Precision Casting held by the aviation investment company through a non-public agreement. Upon completion of the acquisition, the company will hold Anji.
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Avic Heavy Machinery (600765.SH): The net income for the first three quarters was 1 billion yuan, a year-on-year decrease of 1.42%.
Gelonghui October 28th | Avic Heavy Machinery (600765.SH) released its third quarter report, with a revenue of 7.524 billion yuan in the first three quarters, a year-on-year decrease of 5.56%. The net income was 1 billion yuan, a year-on-year decrease of 1.42%, and the non-GAAP net income was 0.96 billion yuan, a year-on-year decrease of 6.1%, with a basic earnings per share of 0.68 yuan.
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