china haisum engineering (002116.SZ): there is no business in the engineering sector in both Russia and Ukraine.
Gelonghui November 7th | China Haisum Engineering (002116.SZ) stated on the investor interaction platform that overseas business is an important part of the company's business development, with the company's overseas engineering projects covering more than 60 countries and regions globally including Asia, Africa, Europe, and the Americas. The company focuses on developing overseas business in countries with good growth potential, using advantageous industries as breakthrough points, focusing on Belt and Road Initiative concept projects, while also ensuring risk control for overseas projects and steadily expanding overseas markets. Currently, the company does not have any engineering business in Russia or Ukraine.
Express News | China Haisum Engineering: Vice President Zhou Yuan retires due to age.
Express News | china haisum engineering Changsha company signed a general contracting project for seawater desalination in Nador, Morocco.
Express News | China Haisum Engineering Changsha Company signed the general contracting of the first phase of Guangxi Jianhui Paper Industry Forest Pulp and Paper Integration Project.
China Haisum Engineering (002116): Profitability has improved, with rapidly increasing new overseas orders.
Event: The company releases the third quarter report of 2024. In the first three quarters of 2024, the company achieved revenue of 4.292 billion yuan, a year-on-year increase of 2.05%; achieved net income attributable to the parent company of 0.213 billion yuan, a year-on-year increase of 8.12.
China Haicheng: Report for the third quarter of 2024
Express News | China Haisum Engineering: net income of 0.213 billion yuan in the first three quarters, a year-on-year increase of 8.12%.
China Haisum Engineering (002116.SZ): The Shanghai Stock Exchange terminates the review of Zhongqing Changtai's participation in the Star Market IPO.
China Haisum Engineering (002116.SZ) announced that the company holds shares in Zhongqing Changtai (Changsha) Asia Vets Technology Co., Ltd.
china haisum engineering (002116.SZ): does not produce lithium batteries
Grain Securities on September 24th, China Haisum Engineering (002116.SZ) stated on the investor interaction platform that as an engineering service company, it does not produce lithium batteries. The company has advanced full industry chain engineering service capabilities in the fields of lithium and other new energy new materials, and has accumulated hundreds of engineering design and general contracting project management experience, continuously promoting traditional industries towards digitalization, intelligence, and green transformation and upgrading, able to provide owners with high-quality full-process comprehensive engineering services.
China Haisum Engineering (002116.SZ): The total contracted business revenue in the first half of the year was 1.919 billion yuan, accounting for 70.41% of the company's revenue.
China Haisum Engineering (002116.SZ) stated in its investor relations that in the first half of 2024, the company's total engineering contracting business revenue was 1.919 billion yuan, accounting for 70.41% of the company's operating revenue. The company's total contracting business operating revenue is showing a stable and upward trend. The company will continue to do its main business well, actively explore the second curve, serve the development of new industries for the country's strategic goals, operate steadily and prudently, and strive to repay society and investors.
China Haisum Engineering (002116): Significantly higher growth in overseas orders, gross margin has improved significantly.
In the first half of the year, the revenue increased by +0.6% year-on-year, and the net income attributable to the parent company increased by 10.1% year-on-year. In the first half of 2024, the company achieved revenue of 2.73 billion yuan, up 0.6% year-on-year, and achieved net income attributable to the parent company of 0.14 billion yuan, up 1% year-on-year.
China Haisum Engineering (002116.SZ): The impact of new infrastructure projects on the company's performance is relatively small.
China Haisum Engineering (002116.SZ) stated on the investor interaction platform on September 12 that the company's main business areas are concentrated in the industrial engineering industry. The major segments with a large proportion of revenue are: papermaking, food fermentation, daily chemical, new energy and new materials. Infrastructure projects have a relatively low proportion in the company's revenue. Therefore, the impact of new infrastructure projects on the company's performance is relatively small.
China Haisum Engineering (002116.SZ): The cumulative dividend ratio since its listing is 44.70%.
Gelonghui, September 4th, China Haisum Engineering (002116.SZ) stated on the investor interaction platform that, in the current market situation, the company achieved double growth in revenue and profit in the first half of the year. In recent years, the company has also promoted the use of restricted stock incentives, private placement of stocks, and other market cap management tools. The cumulative dividend payout ratio has reached 44.70% since its listing, and is currently ongoing. However, the company's market cap is influenced by various factors, especially the significant impact of the external macro environment. The company will continue to operate steadily, in order to provide better performance returns to investors.
China Haisum Engineering (002116): Steady performance improvement, accelerating the layout of new energy funds, new materials, and pharmaceuticals.
Event: The company has released its semi-annual report for 2024. In the first half of 2024, the company achieved revenue of 2.727 billion yuan, a year-on-year increase of 0.62%; and achieved a net income attributable to the parent company of 0.14 billion yuan, a year-on-year increase of 10.13%.
China Haicheng: 2024 Semi-Annual Report
China Haicheng: 2024 Semi-Annual Report Summary
Express News | China Haisum Engineering: The service areas cover civil construction and public construction business, and are currently implementing the transformation of "three old" into "three new" projects.
Guosen Securities: New orders in the construction industry are sluggish and the advantages of central state-owned enterprises are enhanced.
In July, the newly signed contract amount for infrastructure construction was 1,817.3 billion yuan, a year-on-year decrease of 13.9%, but an increase of 164.5% compared to the previous month. It is expected that both the new infrastructure construction and investment completion amounts for the year will face great pressure, and traditional state-owned enterprises and local construction companies in infrastructure construction are expected to generally face revenue and profit pressures.
Express News | China Haisum Engineering: We will explore market cap management in the second half of the year and make good use of various market cap management tools.
China Haisum Engineering: 2024 Half-Year Performance Bulletin
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