Express News | The domestic Drone market is expected to see a positive change in military trade situation next year.
China Drone (688297.SH): The 16.2 million shares held by shareholder Chengdu Jianguo have been judicially frozen.
On November 28, Gelonghui announced that recently, through the system inquiry of the Shanghai branch of China Securities Depository and Clearing Corporation, it was found that a shareholder holding more than 5% of the shares of the company, Chengdu Jianguo, had 16.2 million shares of the company frozen by judicial actions.
China Drone (688297.SH) has appointed Wang Fei as Chief Accountant.
China's drone manufacturer (688297.SH) announced that the board of directors recently received the resignation report from the company's chief accountant, Xu Junfang...
AVIC (688297.SH): The Jiu Tian drone was developed by a subsidiary of the company's controlling shareholder, Aviation Industry Corporation of China.
Glory Capital reported on November 18 that the drone (688297.SH) stated on the investor interaction platform that the Jiutian drone was developed by a subsidiary of the company's controlling shareholder, China Aviation Industry Corporation.
Defense stocks in A-shares continue to decline, avic shenyang aircraft falls more than 9%.
Geelong 7th November | AVIC Shenyang Aircraft Industry Group fell more than 9%, multiple stocks including AVIC, Aerospace CH UAV, Jiangxi Hongdu Aviation Industry, Jiangxi Xinyu Guoke Technology, Chengdu Leejun Industrial, AVIC Xi'an Aircraft Industry Group, Guangdong Ganhua Science & Industry, etc. fell more than 5%.
DJI (688297): Performance continued to be under pressure in Q3 24, inventory continued to increase, actively stocking to prepare for production.
The company released the '2024 Third Quarter Report', achieving a revenue of 0.369 billion in the first three quarters, a year-on-year decrease of -71.98%; net income attributable to shareholders was a loss of 0.083 billion, a year-on-year decrease of -134.07%. Q3 24 achieved revenue in a single quarter.
China Drone: China Drone Report for the Third Quarter of 2024
China Drone Report for the Third Quarter of 2024
Zhong drone (688297.SH): the net loss in the first three quarters was 82.75 million yuan
On October 30, China's Drone (688297.SH) announced that the company's revenue for the first three quarters was 0.369 billion yuan, a year-on-year decrease of 72.0%; net income attributable to the parent company was -82.75 million yuan; non-net income attributable to the parent company was -96.3 million yuan.
Market demand leads to reduced product deliveries, with the drone's Q3 net profit hitting a new low for a single quarter in nearly two years.
①Due to the decrease in market demand and increased research and development investment, the company has been operating at a loss for three consecutive quarters, with net income hitting a nearly two-year low in the third quarter of this year; ②In the third quarter of this year, its total research and development investment amounted to 63.534 million yuan, an increase of 163.72% year-on-year.
Express News | October 23rd Dragon Tiger List: 0.419 billion grab Shanghai Belling Corp.,Ltd., institutions net purchase 18 stocks
Express News | Drone: The company does not have any significant matters that should be disclosed but have not been disclosed.
Express News | Star Market closing review: Photovoltaic, aerospace and aviation concept stocks strengthened, while the semiconductor sector retreated.
Defense stocks in A-share market are rising, kuang-chi technologies surge more than 9%.
Kuang-Chi Technologies rose by over 9% on October 23, with Chinese drones and China Marine Information Electronics both rising nearly 6%, as well as Tongyi Aerospace, Asian Star Anchor Chain, and others rising by over 4%, while Liangshi Aviation, Weihai Guangtai Airport Equipment, and others followed the uptrend.
China Drone (688297.SH): The company has completed the identification of multiple small and medium-sized drones below 1 ton that are currently under development.
On October 14, Guolonghui reported that Zhong drone (688297.SH) stated during a specific target survey that the company has completed the identification of several small and medium-sized drones below 1 ton currently under research, further enhancing the company's product line. Compared to large drones, the competition in the market for this level of drones will be more intense. The company's advantages will be more reflected in aspects such as aircraft performance, controllability, and reliability. In addition, the company has accumulated rich experience in the practical application of drones in military and civilian fields, providing a solid foundation and valuable insights for the company's research in combat scenarios, low-altitude economic applications, and other areas.
China's drone (688297.SH): The Wing Loong-3 drone system is currently in the research phase, and the project development is proceeding in an orderly manner.
Gelonghui October 14th | Zhong drone (688297.SH) stated during a specific research conducted, that the Wing Loong-3 drone system is currently in the research stage, with the project development progressing orderly. We will achieve the maiden flight as soon as possible, actively promote the military trade export appraisal process, and prepare for the quick market launch of subsequent products once maturity is achieved. Furthermore, they mentioned that the Wing Loong-3 drone system is a long-endurance, heavy-load, multi-purpose medium-to-high-altitude long-endurance drone system with enhanced combat capabilities. In addition to comprehensive improvements in performance such as range, payload, and flight altitude, it can also be applied in scenarios like electronic warfare, providing more
Zhonglian drone (688297.SH): The company has conducted multiple rounds of communication with existing and potential customers, and the current expansion situation is good.
On October 14th, Zhongguo drone (688297.SH) stated during a specific target survey that there is some pressure in the military trade market this year. On one hand, it is because the competition in the military trade market is becoming increasingly intense and is subject to multiple factors such as geopolitics, leading to high uncertainty. On the other hand, the company's products have been previously deployed in many overseas locations, sold to more than ten countries and are currently in a period of flat demand after large-scale equipment installation. Meanwhile, customer demands are constantly changing, with a continuous pursuit of equipment modernization and performance upgrades, which will require improvements in the company's existing product performance and the launch of new products in the future.
China Drone (688297.SH): Chengdu Investment completes the shareholding reduction of 0.83%.
Zhongguo drone (688297.SH) announced that Chengdu Industrial Investment Group Co., Ltd., a shareholder with more than 5% holding...
China Drone (688297): Multiple indicators improved in the second quarter, actively stocking to support annual performance.
Event: The company released the 2024 interim report, achieving revenue of 0.272 billion yuan in the first half of 2024, a year-on-year decrease of 77.22%, mainly due to market fluctuations, resulting in a decrease in the quantity of products delivered in the period; net profit attributable
Summary of China Drone\'s 2024 Semi-Annual Report