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Hunan Yujing Machinery Co Ltd Class A

Hunan Yujing Machinery Co., Ltd researches, develops, designs, produces, and sells CNC equipment for cutting, grinding, and polishing in China and internationally. Its products include multi-wire saws, single- and double-side lapping and polishing machines, CNC polishing machines, diamond wire, and carbon/carbon composites, as well as precision-forming CNC and other machines for processing hard and fragile materials. These products are mainly used for precision processing of materials such as mobile phone cover glass, solar photovoltaic silicon wafers, magnetic materials, sapphire, silicon carbide, window glass, LED semiconductor lighting, piezoelectric crystals, and ceramics. The company serves the consumer electronics, semiconductor, instrument, and automotive industries, and was founded in 1998 with headquarters in Yiyang, China.

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002943.CS

Yujing Shares posts net loss of 72.3424 million yuan in 2026 interim report, swinging from profit to loss

Yujing Shares released its 2026 interim report, showing total operating revenue of 157 million yuan, down 67.44 percent year on year, and net profit attributable to the parent company of negative 72.3424 million yuan, swinging from profit to loss and down 713.25 percent year on year. Net cash inflow from operating activities was 50.3704 million yuan, down 38.39 percent year on year. The company's asset-liability ratio was 69.79 percent, gross margin was 15.47 percent, return on equity was negative 8.90 percent, and diluted earnings per share was negative 0.35 yuan. The number of shareholders was 28,700, and the top ten shareholders held 52.07 percent of total share capital.
Jiemian·23dRead more →
Energy Transition & Power Demand3

Yujing Shares Plans 176 Million Yuan Private Placement to Expand Photovoltaic Cutting, Grinding, and Polishing Equipment

Yujing Shares has disclosed its 2026 simplified procedure private placement plan, aiming to raise no more than 176 million yuan for three major projects. Among them, the research and industrialization project for 8-inch to 12-inch large-size silicon wafer and silicon carbide cutting, grinding, and polishing equipment will receive 100 million yuan, making it the core project of this placement. The company stated that cutting, grinding, and polishing equipment, as core process equipment in photovoltaic manufacturing, relies on high-precision cutting, grinding, and polishing technologies to achieve fine processing of key materials such as silicon wafers, glass, and sapphire. Currently, the company's 8-inch silicon carbide substrate cutting, grinding, and polishing equipment has only achieved small-batch sales, its 12-inch silicon carbide equipment has completed development and secured a small number of orders, and its 12-inch silicon wafer equipment is in the customer testing and verification stage. The company admitted that the cyclical downturn in the photovoltaic industry has led to shrinking demand for new equipment. In 2024, it made total impairment provisions of 388 million yuan, and in the first half of 2026, it expects a net loss attributable to the parent company of 65 million to 85 million yuan.
读创财经·51dRead more →
Electrification & Mobility

Multiple Shenzhen- and Shanghai-listed companies release positive announcements: Chifeng Gold doubles gold-copper resources at Laos mine, Eastroc Beverage posts 20% half-year net profit growth

On the evening of July 30, a number of Shenzhen- and Shanghai-listed companies released positive announcements. Chifeng Gold disclosed that its controlled subsidiary Vientiane Mining has updated the mineral resource estimate for the SND gold-copper project at the Sepon mine in Laos, with gold-equivalent metal resources increasing from 107 tonnes to 260 tonnes, a rise of about 143%. Eastroc Beverage released its half-year report, with first-half 2026 operating revenue reaching 12.443 billion yuan, up 15.89% year-on-year, and net profit attributable to shareholders of the listed company of 2.867 billion yuan, up 20.72% year-on-year, and plans to distribute a cash dividend of 30 yuan per 10 shares. Rongbai Technology plans to invest about 4.723 billion yuan to build a 300,000-tonne-per-year integrated sodium-ion battery cathode material project in Xiantao, to be advanced in three phases. Youyan New Materials plans to invest 486 million yuan in the second-phase expansion of high-purity sputtering targets for integrated circuits, to boost high-end target production capacity. A subsidiary of Soling Industrial has signed a supply contract worth about 883 million yuan with Mitsubishi Heavy Industries, accounting for 120% of the company's 2025 annual operating revenue. In addition, Three-Circle Group plans to repurchase shares for 500 million to 1 billion yuan, the actual controller of Forehope Electronic proposes a repurchase of 100 million to 150 million yuan, Hairong Technology plans to acquire a 55% stake in Tanghe Food for 130 million yuan and has signed a long-term strategic cooperation agreement with Freshhema, Tianwei Electronics plans to acquire a 60% controlling stake in Xiuwei Technology for 90 million yuan, and Yujing Machinery plans a private placement to raise 176 million yuan for cutting, grinding and polishing equipment and other projects.
Eastmoney·51dRead more →