Harbin Electric's Subsidiary, Jiamusi Electric and Power Equipment, Receives Capital Injection Amid Valuation Insights

Reuters

Jul 10

<a href="https://laohu8.com/S/01133">Harbin Electric</a>'s Subsidiary, Jiamusi Electric and Power Equipment, Receives Capital Injection Amid Valuation Insights

Harbin Electric Company Limited has entered into a Capital Injection Agreement with its subsidiary, Jiamusi Electric and Power Equipment Company. The agreement aims to bolster the subsidiary's operations and financial standing. The evaluation of Power Equipment Company indicates a consistent cash flow without seasonality and a continued certification as a high-tech enterprise, allowing it to benefit from a favorable 15% income tax rate. As of the Valuation Benchmark Date on 31 December 2024, there is a noted difference between the book value and appraised value of the company. The agreement underscores the company's commitment to maintaining stable operations and leveraging its high-tech status for future growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harbin Electric Company Limited published the original content used to generate this news brief on July 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Harbin Electric Company Limited published the original content used to generate this news brief on July 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1205","symbol_name":"重型电气设备","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250710:nNDL2WLrrn:1","article_id":"2550042644","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550042644","pubTimestamp":1752146254,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Harbin Electric Company Limited has entered into a Capital Injection Agreement with its subsidiary, Jiamusi Electric and Power Equipment Company. 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