Miracle Automation Engineering: 2024 Interim Performance Forecast

Sensex a shareJul 10 12:00 ET · Announcements

Miracle Automation Engineering (002009.SZ)'s wholly-owned subsidiary plans to establish a joint venture to carry out battery material recycling business.

On July 10, 2024, Miracle Automation Engineering (002009.SZ) announced that the company held its 8th board of directors' 30th (temporary) meeting, and approved the proposal "On the Establishment of a Joint Venture Company by Miracle Jintai Ge Cobalt Industry and Fawer Intelligent Energy Technology", Miracle's wholly-owned subsidiary Jiangxi Miracle Jintai Ge Cobalt Industry Co., Ltd. (referred to as "Miracle Jintai Ge") and Fawer Automotive Parts Co., Ltd. (referred to as "Fawer Automotive Parts") subsidiary Fawer Intelligent Energy Technology Co., Ltd. (referred to as "Fawer Intelligent Energy") jointly invested in setting up a joint venture (the specific company name will be based on the business registration name).

Zhitong FinanceJul 10 08:27 ET

Miracle Automation Engineering (002009.SZ) plans to repurchase 20% equity of Miracle Heavy Industry for no more than 142 million yuan.

On June 28, 2024, at the 29th interim meeting of the eighth board of directors, Miracle Automation Engineering (002009.SZ) announced that it had approved the proposal to repurchase part of its own shares, with a total value not exceeding RMB 142.43 million, to repurchase the equity of Wuxi Huiheng Industrial Investment Development Partnership Enterprise Limited Liability Partnership (hereinafter referred to as "Huiheng Investment") and Wuxi Huishengxin Chuangye Investment Limited Liability Partnership (hereinafter referred to as "Huishengxin Chuang") held by the company’s controlling subsidiary, Jiangsu Tianqi Heavy Industry Co., Ltd., formerly known as Jiangsu First Auto Casting Co., Ltd.

Gelonghui FinanceJul 1 23:58 ET

Miracle Automation Engineering Co.Ltd's (SZSE:002009) Subdued P/S Might Signal An Opportunity

Simply Wall StJun 10 03:52 ET

Tianqi Co., Ltd. (002009.SZ): The business layout of humanoid robots focuses on industrial humanoid robots

Gelonghui, May 31 | Tianqi Co., Ltd. (002009.SZ) said on the investor interactive platform that the company's humanoid robot business layout focuses on industrial humanoid robots, which are first used in automotive vehicle manufacturing scenarios. The industrial humanoid robot business will be combined with the company's intelligent equipment business to provide a complete set of systematic solutions for automaker customers.

Gelonghui FinanceMay 31 03:48 ET

Tianqi Co., Ltd. (002009.SZ): Currently, it has built and put into operation a recycling scale of 100,000 tons of waste lithium batteries

Gelonghui, May 31 | Tianqi Co., Ltd. (002009.SZ) said on the investor interactive platform that the company has now built and put into operation a recycling scale of 100,000 tons of waste lithium batteries (50,000 tons of ternary lithium batteries and 50,000 tons of lithium iron phosphate batteries), and is expanding the recycling capacity of 100,000 tons of lithium iron. Currently, the full production scale of the ternary lithium battery recycling line is 9,000 gold tons of cobalt, manganese and nickel, and 3,500 tons of battery-grade lithium carbonate; the full production scale of the lithium iron phosphate battery recycling production line is 11,000 tons of iron phosphate and 2,500 tons of lithium carbonate per year.

Gelonghui FinanceMay 31 03:46 ET