Rayhoo Motor Dies Co.,Ltd.'s (SZSE:002997) Popularity With Investors Is Clear

With a median price-to-earnings (or "P/E") ratio of close to 29x in China, you could be forgiven for feeling indifferent about Rayhoo Motor Dies Co.,Ltd.'s (SZSE:002997) P/E ratio of 30.9x. While

Simply Wall StJul 12 00:26 ET

Rayhoo Motor Dies: 2024 Interim Performance Forecast

Sensex a shareJul 11 12:00 ET · Announcements

The latest shareholder list issued by Rayhoo Motor Dies (002997.SZ) as of June 30, 2024 shows that the number of shareholders is 24,105.

Rayhoo Motor Dies (002997.SZ) stated on the investor interaction platform on July 3 that the latest shareholder registry issued as of June 30, 2024 showed a total of 24,105 shareholders.

Gelonghui FinanceJul 3 06:45 ET

Rayhoo Motor Dies (002997.SZ) plans to postpone the construction project of intelligent manufacturing factory for lightweight new energy vehicle bodies and key components precision forming equipment (Phase 1).

On June 27th, Gelonhui reported that Rayhoo Motor Dies (002997.SZ) held its 21st meeting of the third board of directors and 18th meeting of the third board of supervisors on June 27th, 2024 and approved the Proposal on Extending the Completion of Fundraising Projects. The company agreed to extend the date on which the convertible bonds fundraising project of the company's new energy auto lightweight body and key components precision forming equipment intelligent manufacturing factory construction project (Phase I) can reach the predetermined usable state, taking into account that the implementation content, main body, investment purpose, and scale of the fundraising project remain unchanged. The fundraising project extension has been approved by the company.

Gelonghui FinanceJun 27 08:15 ET

Rayhoo Motor Dies (002997.SZ) is planning to transfer 40% equity of Diao Auto to Chery Technology.

On June 27, Gelonghui reported that Rayhoo Motor Dies (002997.SZ) announced the signing of an equity transfer agreement with Wuhu Chery Technology Co., Ltd. (referred to as "Chery Technology") on June 27, 2024, and the company plans to transfer all of its 40% equity (corresponding to a capital contribution of 86,218,458.00 yuan, of which 43,110,000.00 yuan is paid-in capital and 43,108,458.00 yuan is subscribed but not yet paid-in) in Dao (Wuhu) Automotive Parts Co., Ltd. (referred to as "Dao Automotive" or "target company") to Chery Technology.

Gelonghui FinanceJun 27 08:12 ET

Rayhoo motor dies (002997.SZ): Current production capacity can meet customer needs.

Rayhoo Motor Dies (002997.SZ) stated on the investor interaction platform on June 19th that the company selects different tonnage die-casting machines according to the size, weight and process requirements of aluminum alloy die-casting products. The company invests and constructs relevant business capacity based on customer-specific products. Currently, the capacity can meet customer demand. If the customer demand further increases, the company will launch corresponding measures to enhance production capacity.

Gelonghui FinanceJun 19 04:12 ET