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Jiangsu Linyang Energy (601222): Asia Vets + Energy Storage + New Energy Fund three-pronged drive, Global market expansion accelerates.
The company's gross margin is steadily increasing, and its financial capacity remains robust. According to the company's third quarterly report, the revenue for the first three quarters is 5.166 billion yuan, an increase of 8.76% year-on-year, and the net income attributable to the parent company is 0.91 billion yuan, which is a year-on-year increase of 6.95%.
Jiangsu Linyang Energy Nabs 211 Million Yuan in Bids to Supply Smart Energy Meters
Jiangsu Linyang Energy (601222.SH): Anticipated to win the bid for a 0.21 billion yuan State Grid project.
On November 27, Gelunhui announced that jiangsu linyang energy (601222.SH) disclosed that State Grid Corporation of China announced the "Announcement of the Recommended Bidder Candidates for the Eighty-first Batch of Procurement (Third Metering Equipment Tender Procurement for Marketing Projects) in 2024" on the State Grid Corporation of China's e-commerce platform (ECP) on November 26, 2024. Jiangsu Linyang Energy Co., Ltd. was recommended by the evaluation committee of State Grid Corporation of China as the recommended bidder candidate. Based on the estimated quantity of pre-winning bids and the quotation calculation, the total amount of this bid is expected to be approximately 210.8806 million yuan.
Express News | Jiangsu Linyang Energy and other companies have established an energy company in Jiangsu with a registered capital of 20 million yuan.
Jiangsu Linyang Energy (601222): Increase dividend frequency, with a cash dividend ratio of 60% for the first three quarters.
Recent Developments of the Company On November 11th after market close, the company announced the profit distribution plan for the first three quarters of 2024, intending to distribute a cash dividend of 0.268 yuan (including tax) per share to all shareholders, with a total planned cash dividend of 5.47.
Express News | Today, 9 stocks have their equity registered, with bestore co., ltd., china life insurance, and fujian apex software offering the most generous dividends.