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Beijing Jingcheng’s Subsidiary Secures Government Grant

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Beijing Jingcheng’s Subsidiary Secures Government Grant

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Beijing Jingcheng Machinery Electric Co Ltd Class H ( (HK:0187) ) has shared an update.

Beijing Jingcheng Machinery Electric Co Ltd announced that its subsidiary, Beijing Tianhai Hydrogen Energy Equipment Co., Ltd., received a government grant of RMB3.78 million. This grant, related to revenue, represents approximately 16.77% of the company’s audited net profit for the latest period and is expected to positively impact the company’s operating results for 2025.

More about Beijing Jingcheng Machinery Electric Co Ltd Class H

Beijing Jingcheng Machinery Electric Co Ltd is a joint stock company incorporated in China, operating in the machinery and electric industry. The company focuses on producing hydrogen energy equipment through its wholly-owned subsidiary, Beijing Tianhai Hydrogen Energy Equipment Co., Ltd.

Average Trading Volume: 12,850,338

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$6.15B

For an in-depth examination of 0187 stock, go to TipRanks’ Overview page.

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