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Chuangyuan Technology: First Quarter Report 2025
Create Technology & Science (000551.SZ): The controlling subsidiary Suzhou Bearing has not established cooperative relationships with downstream humanoid robot related enterprises, and there is no related revenue.
On April 8th, Gelonghui reported that Create Technology & Science (000551.SZ) stated on the investor interaction platform that the company's controlling subsidiary in Suzhou primarily produces radial needle bearings (including solid ring radial needle bearings, stamped outer ring radial needle bearings and radial needle and cage assemblies), which are used in New energy Fund electric drive, industrial automation, construction machinery, aerospace, national defense, and industrial robots: thrust needle bearings and cylindrical roller bearings are used in automotive gearboxes, New energy Fund electric drives, torque managers, couplings, Air Conditioner compressors, steering, electric construction machinery, national defense, agriculture and construction equipment, etc.
Create Technology & Science (000551.SZ): The current round of tariff adjustments has limited and controllable direct effects on the company.
On April 8th, Gelonghui reported that Create Technology & Science (000551.SZ) stated on the investor interaction platform that the company's main products are exported to several countries and regions including Germany, South Korea, Thailand, and Vietnam, with a relatively small proportion of exports to the United States. The diversified customer base and sales regions have enhanced the company's ability to withstand international risks. The company will closely monitor the developments in international trade disputes and continue communication with customers to jointly negotiate solutions. The impact of the current tariff adjustments on the company is limited and controllable.
Create Technology & ScienceLtd's (SZSE:000551) Earnings Growth Rate Lags the 9.8% CAGR Delivered to Shareholders
Chuangyuan Technology: 2024 Annual Report Summary
Chuangyuan Technology: 2024 Annual Report