Jiangxi Guoke Defence Group Co Ltd
SSE:688543
Jiangxi Guoke Defence Group Co Ltd's latest stock split occurred on Jun 7, 2024
The company executed a 1-for-1 stock split, meaning that for every share held, investors received 1 new share.
Before the split, Jiangxi Guoke Defence Group Co Ltd traded at 55.2 per share. Afterward, the share price was about 43.65.
The adjusted shares began trading on Jun 7, 2024. This was the only stock split in Jiangxi Guoke Defence Group Co Ltd's history.
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Jiangxi Guoke Defence Group Co Ltd
Glance View
In the bustling landscape of China's defense and aerospace industry, Jiangxi Guoke Defence Group Co Ltd emerges as a formidable player, weaving together innovation and tradition. Based in the Jiangxi province, this company is strategically positioned within an ever-evolving sector that demands both cutting-edge technology and stringent compliance with national regulations. Founded with a mission to fortify China's defense capabilities, Jiangxi Guoke specializes in the research, development, and manufacturing of military equipment and advanced aerospace technologies. Their product portfolio ranges from sophisticated communication systems to precision-guided munitions, catering primarily to military and governmental clients. The company's strategic investments in R&D have positioned it at the forefront of technological advancements, bolstering its capability to deliver high-performance defense solutions. Jiangxi Guoke's business model thrives on its deep-rooted relationships with government entities, ensuring a steady flow of contracts and funding. By capitalizing on these governmental ties, the company effectively offsets the substantial initial investments required for advanced R&D. Its revenue streams are largely anchored in long-term contracts with the Chinese military, reflecting a predictable cash flow, essential for sustaining innovation and development capabilities. Additionally, the company's involvement in civil-military integration initiatives opens avenues for diversification, leveraging defense technologies for commercial applications. As global tensions shape defense spending priorities, Jiangxi Guoke nimbly navigates these dynamics, maintaining strategic foresight and adaptability to market needs. Through this blend of strategic partnerships, targeted innovation, and an unwavering commitment to national priorities, Jiangxi Guoke Defence Group Co Ltd crafts a formidable narrative within the defense sector.
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