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Wuxi Best Precision Machinery Co Ltd

Wuxi Best Precision Machinery Co., Ltd. researches, develops, produces, and sells precision parts, intelligent equipment, and tooling products in China and internationally. Its products include turbocharger precision bearings, impellers, intermediate housings, gas seal plates, sealing rings, gear shafts, and compressor housings, as well as intake manifolds, vacuum pumps, oil pumps, high-pressure common rail fuel pump bodies, and engine cylinder blocks. The company also supplies components for pure electric vehicles, hydrogen fuel cell vehicles, natural gas fuel vehicles, and hybrid electric vehicles, along with fixtures, aircraft fuselage automated drilling and riveting systems, production automation systems, and linear motion components. Incorporated in 1997, it is headquartered in Wuxi, China.

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Best Precision's 2026 interim net profit reaches 146 million yuan, down 1.53% year-on-year

Best Precision released its 2026 interim report, with net profit attributable to the parent company of 146 million yuan, a decrease of 1.53% compared with the same period last year. The company's total operating revenue was 792 million yuan, up 10.57% year-on-year, achieving growth for four consecutive years. Net cash inflow from operating activities was 96.745 million yuan, up 113.97% year-on-year. The company's latest asset-liability ratio was 14.22%, gross margin was 32.96%, ROE was 4.37%, and diluted earnings per share was 0.29 yuan.
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Best Precision: General Manager Guo Junxin Assumes Acting CFO Duties; Former CFO Chen Bin Remains Deputy GM and Board Secretary

Wuxi Best Precision Machinery Co., Ltd. announced that former CFO Chen Bin will no longer hold that concurrent role but will continue serving as deputy general manager and board secretary. Before a new CFO is appointed, general manager Guo Junxin will assume the acting CFO duties. The decision was approved at the fifth board of directors' second meeting, aiming to ensure the smooth operation of financial work. Chen Bin indirectly holds 297,675 shares of the company through a partnership enterprise, while Guo Junxin indirectly holds 429,975 shares through a partnership enterprise. The company stated it will complete the selection and appointment of a new CFO as soon as possible and fulfill its information disclosure obligations in a timely manner.
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Jiemian·38dRead more →
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Best CFO Chen Bin Steps Down, General Manager Guo Junxin Takes Over Temporarily

Best announced that Board Secretary Chen Bin will no longer concurrently serve as Chief Financial Officer, but will remain as Deputy General Manager and Board Secretary. Chen Bin indirectly holds 300,000 company shares through Wuxi Xinshi Investment Partnership. Until a new CFO is appointed, General Manager Guo Junxin will assume the CFO duties. In the first quarter of 2026, Best achieved revenue of 386 million yuan and net profit attributable to the parent of 73.03 million yuan.
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