Zhi Tong Cai Jing·2025-08-20 07:56Core Viewpoint - Zhongchuang Zhiling (601717) shares rose over 6% at the close, currently up 5.86% at HKD 16.79, with a trading volume of HKD 63.67 million [1] Group 1: Company Developments - Zhongchuang Zhiling plans to hold a board meeting on August 28 to approve its mid-term performance [1] - Zhengzhou Coal Mining Machinery Group announced a name change for its H-shares on the Hong Kong Stock Exchange from "Zheng Coal Machine" to "Zhongchuang Zhiling," effective from August 13, while the English name and stock code remain unchanged [1] Group 2: Financial Performance - According to Northeast Securities, the coal machinery segment faced temporary profit pressure in Q1 2025, but the long-term growth foundation remains solid [1] - In Q1 2025, the automotive parts segment generated revenue of CNY 5.079 billion, a year-on-year increase of 4.86%, with a net profit attributable to shareholders of CNY 177 million, up 397.85% year-on-year [1] - Specifically, Yaxin Technology achieved revenue of CNY 1.794 billion in Q1, a year-on-year growth of 16.58%, driven by the growth in passenger vehicle business such as vibration reduction and sealing [1] - Future profitability of the automotive parts segment is expected to improve as Yaxin Technology scales up its business and SEG's profits recover [1]