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VT Industrial Technology Co Ltd

VT Industrial Technology Co., Ltd. researches, develops, designs, produces, and sells automobile stamping dies, as well as stamping and welding parts, in China and internationally. It also offers automotive tools, metal parts fixtures, automotive metal parts, battery pack housings, and industrial automation equipment and services. The company was founded in 2008 and is headquartered in Wuxi, China.

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300707.CS

Weitang Industrial books 10.39 million yuan long-term equity investment impairment loss in Q2

Weitang Industrial announced that, based on the principle of prudence, the company made a single asset impairment loss provision of 10.39 million yuan on long-term equity investments in the second quarter of 2026, which will reduce total profit for the same period by 10.39 million yuan. This amount is close to the company's first-quarter net loss attributable to the parent of 11.57 million yuan, and accounts for 35.53% of last year's full-year net profit attributable to the parent of 29.25 million yuan. The company's main business is automotive stamping dies and stamping and welding components, with customers including international automakers such as BMW and Mercedes-Benz. This provision has not been audited, and the company's semi-annual report is scheduled to be disclosed on August 29.
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300707.CS

Weitang Industrial Has Repurchased 1.79 Million Shares for 20 Million Yuan

Weitang Industrial announced that as of the disclosure date, the company has repurchased 1.79 million shares, accounting for 1.03% of total share capital, with a total repurchase amount of 20 million yuan and a repurchase price range of 10.35 yuan to 11.94 yuan per share. In the first quarter of 2026, the company achieved revenue of 192 million yuan, with a net loss attributable to the parent company of 11.57 million yuan.
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