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Benign Growth For Jiangling Motors Corporation, Ltd. (SZSE:000550) Underpins Its Share Price
Gelonghui Announcement Highlights: Zhejiang Dibay Electric: Annual net profit for 2024 is expected to increase by about 70.20% year-on-year; Jiangling Motors Corporation: Total sales for 2024 are expected to reach 341,200 vehicles, a year-on-year increase
【Sales Data】Harbin Dongan Auto Engine (600178.SH): In December, total engine sales reached 41,093 units, a year-on-year decrease of 2.27%. *ST Hanma (600375.SH): In December, sales of medium and heavy trucks were 624 units, a year-on-year decrease of 32.25%. Jiangling Motors Corporation (000550.SZ) total sales for 2024 will be 0.3412 million units, a year-on-year increase of 10.06%. 【Project Investment】Shenzhen Das Intellitech (002421.SZ): Signed a 0.1 billion yuan photovoltaic new energy industry park project. Suzhou Hailu Heavy Industry (002255.SZ): Plans to invest 0.4 billion yuan to implement the construction of the fourth-generation Nuclear Power equipment project.
Jiangling Motors' Car Sales Rise 4%, Output Climbs 2% in December 2024
In November, the sales of light passenger vehicles in China were 0.0356 million units, a year-on-year decrease of 8%.
On December 25, the latest news from the First Commercial Vehicle Network, based on data from the China Automobile Manufacturers Association (measured by company invoices, not terminal actual sales), in November 2024, China's bus market (including chassis) sold 46,000 units, a month-on-month increase of 7%, a year-on-year decrease of 3%, and the year-on-year growth rate has turned negative again (the bus market grew by 1% year-on-year in October).
Jiangling Motors Corporation (SZSE:000550) Seems To Use Debt Quite Sensibly
Jiangling Motors Corporation (000550.SZ): The company maintains close technical exchanges and relevant testing research with mainstream Solid State Battery manufacturers.
Gelonghui, December 16丨Jiangling Motors Corporation (000550.SZ) stated on the investor interaction platform that there are still technical issues to be overcome with Solid State Battery, and the company maintains close technical exchanges and related testing research with mainstream Solid State Battery manufacturers.
When Should You Buy Jiangling Motors Corporation, Ltd. (SZSE:000550)?
