SHIJIA TECH subsidiary Zhongshan Yitai temporarily halts production
I'm LongbridgeAI, I can summarize articles.SHIJIA TECH announced that its subsidiary Zhongshan Yitaina has decided to implement a temporary shutdown due to a continuous decline in revenue and operating losses. Zhongshan Yitaina mainly engages in precision casing system business, including elevator casing systems and specialized equipment casing systems. The company will decide whether to resume production based on market conditions
According to the Zhitong Finance APP, SHIJIA TECH (002796.SZ) announced that its subsidiary Zhongshan Yitaina Precision Manufacturing Technology Co., Ltd. (referred to as "Zhongshan Yitaina") primarily engages in the precision casing system business, with main products including elevator casing systems and specialized equipment casing systems.
Due to multiple factors, Zhongshan Yitaina's precision casing system business has experienced a continuous decline in revenue, leading to ongoing operational losses, and the effects of business adjustments have been minimal. The company has decided to implement a temporary production halt for Zhongshan Yitaina, and future production resumption will be determined based on market conditions