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Not Many Are Piling Into Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) Just Yet
Shanxi Meijin Energy (000723.SZ): has not yet entered or planned to enter the field of hydrogen energy passenger vehicles.
On November 28, Gelonghui reported that Shanxi Meijin Energy (000723.SZ) stated on the investor interaction platform that its vehicle manufacturing company has the qualification to produce new energy commercial vehicles and has not yet entered or planned to enter the hydrogen energy passenger vehicle sector. Analyzing the characteristics of fuel cell vehicles and the direction encouraged by the notification jointly issued by five ministries and commissions regarding the demonstration application of fuel cell vehicles, it is concluded that fuel cells are currently more suitable for the commercial vehicle sector. In the future, the focus of research and production of hydrogen energy vehicles will still be on buses, logistics vehicles, heavy trucks, and other commercial vehicles.
Shanxi Meijin Energy (000723.SZ): The subsidiary has successfully developed and completed road testing of the first L4 level autonomous hydrogen fuel cell heavy truck in the country.
On November 14th, Meijin Energy (000723.SZ) stated on the investor interaction platform that its controlling subsidiary, Foshan Feichi Autos Technology Co., Ltd., has successfully developed and completed the first domestic L4 level automatic driving hydrogen fuel cell heavy truck road test in collaboration with the National Asia Vets Autos Innovation Center. The successful integration of this technology marks an important step forward in the practical application of fuel cell energy autos in the field of automatic driving.
Shanxi Meijin EnergyLtd (SZSE:000723) Adds CN¥1.2b to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 56%
Shanxi Meijin Energy Chairman Yao Jinlong: Next year, the overall revenue is expected to reach a new high, and the goal of building a hydrogen supply network by 2030 remains unchanged. | Exclusive interview with the leader.
①In Yao Jinlong's view, the company is expected to usher in a turning point in performance next year. If the acquisition goes smoothly, the assets of three coal mines are expected to be injected next year; ②Regarding this transaction, shanxi meijin energy stated that the purpose includes solving issues of industry competition, and expanding the company's reserve advantage in scarce coking coal resources; ③It should be pointed out that although the current global inventory of hydrogen fuel autos is only over 0.06 million, the industry has already started to become more competitive.
Meijin Energy: Report for the third quarter of 2024
The Past One-year Earnings Decline for Shanxi Meijin EnergyLtd (SZSE:000723) Likely Explains Shareholders Long-term Losses
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