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Addsino Co Ltd

13.68+76.7%1Y · CNY

Addsino Co., Ltd. provides electronic information technology products to military and civilian industries in China, along with its subsidiaries. Its offerings include digital and semi-physical simulation systems, simulation equipment, target platforms, marine and power equipment, and space information applications. The company also supplies military network communication products such as vehicle/shipborne and UAV communication node equipment, IP switches, microwave relays, and network management software, as well as big data, cybersecurity, data backup and recovery, and disaster recovery cloud products. It serves government departments, military arms, research institutes, universities, and various industries. Formerly ChinaScholars Group Co., Ltd., it changed its name to Addsino Co., Ltd. in August 2015 and is based in Fuzhou, China.

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China
000547.CS

Aerospace Development Announces Investee Rui'an Technology Faces Business Stagnation Risk

Aerospace Development announced on September 29 that it recently received a report from the management team of its investee company, Beijing Rui'an Technology Co., Ltd., stating that Rui'an Technology's operating conditions continue to deteriorate and it faces the risk of business stagnation. Aerospace Development stated that Rui'an Technology is an investee company, and its operational risks do not affect the company's normal production, operations, or business development, nor will they impact the company's ongoing operations. As of June 30, 2026, the book value of the company's long-term equity investment in Rui'an Technology is already zero yuan. The company also stated that Rui'an Technology's operational risks will not have a negative impact on the company's performance in the second half of 2026.
Addsino Co Ltd
Beijing Ruian Technology Co., Ltd. · Capital · Negative Rui'an Technology's operating conditions continue to deteriorate and it faces the risk of business stagnation.
000547.CS · Capital · Neutral Investee Rui'an Technology faces business stagnation risk, but Aerospace Development says its long-term equity investment is already written down to zero and operations/performance are unaffected.
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000547.CS▼

Aerospace Development posts net loss of 224 million yuan in 2026 interim report, narrowing year-on-year

Aerospace Development released its 2026 interim report, with net profit attributable to the parent company at negative 224 million yuan, an improvement of 155 million yuan compared with the same period last year, narrowing the loss year-on-year. The company's total operating revenue was 1.084 billion yuan, up 57.23 percent year-on-year. Net cash outflow from operating activities was 219 million yuan, an increase of 9.6381 million yuan compared with the same period last year, marking a second consecutive year of improvement. The company's latest asset-liability ratio was 47.07 percent, gross margin was 12.01 percent, and return on equity was negative 6.11 percent.
Addsino Co Ltd ▼
000547.CS · Capital · Negative Net loss of 224 million yuan in interim report, though narrowed year-on-year.
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