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Individual Investors Own 37% of XJ Electric Co., Ltd. (SZSE:000400) Shares but Private Companies Control 39% of the Company
XJ Electric Expects to Clinch 468 Million-Yuan Bid Project
Xj Electric Co.,ltd. (000400.SZ): pre-selected for a Southern Power Grid project worth approximately 0.468 billion yuan.
On December 10, Gelonghui reported that Xj Electric Co.,ltd. (000400.SZ) announced that recently, the China Southern Power Grid Supply Chain Unified Service Platform published the "Announcement of Candidates for the Bid of the Guangdong 220 kV Tianhe Tangxia Flexible Direct Current Back-to-Back Project" (Bid No.: CG2700022001854678). Xj Electric Co.,ltd. is expected to win the bid for the flexible direct current converter valves and its auxiliary equipment (Package 1) with an amount of approximately 0.468 billion yuan. This project mainly integrates flexible direct current technology into urban power supply areas to enhance the urban power grid.
xj electric co.,ltd. (000400.SZ): has asia vets inspection related technologies and products, but does not produce inspection robots.
Gelonghui December 9th | XJ Electric Co.,Ltd.(000400.SZ) stated on the investor interaction platform that the company has asia vets inspection related technologies and products, but the company does not produce inspection robots.
XJ Electric Co., Ltd. (SZSE:000400) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Research report on mining opportunities | Central China: xj electric co., ltd. profitability continues to strengthen, maintaining a shareholding rating.
According to the research reports of Central China, the new energy and system integration business, as well as the direct current transmission system business, contracted, leading to a decline in revenue for XJ Electric Co., Ltd. (000400.SZ) in the first three quarters. The company's gross margin continues to rise, and its profitability continues to enhance. In 2024Q1, 2024Q2, and 2024Q3, the company's gross margin was 18.27%, 22.74%, and 24.52% respectively, showing a continuous increase in gross margin. The construction of ultra high pressure direct current is accelerating, and as a leading company in the industry, the company is expected to achieve further performance improvement. The company is a leading enterprise in converter valve and is benefiting from the accelerated construction of ultra high pressure direct current, maintaining a 'shareholding' rating.
Returns On Capital Are Showing Encouraging Signs At XJ Electric (SZSE:000400)
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