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New stock news | Zhejiang Narada Power Source (300068.SZ) plans to issue Listed in Hong Kong shares and list on the Hong Kong Stock Exchange.
On April 23, Zhejiang Narada Power Source (300068.SZ) announced that in order to advance the company's Global Strategy, enhance brand image and overall competitiveness, and create an international capital operation platform, the company is planning to issue shares Overseas (Listed in Hong Kong) and list on the Exchange.
Zhejiang Narada Power Source (300068.SZ): In recent years, the revenue from exports to the USA has accounted for less than 5%.
On April 9, Gelonghui reported that Zhejiang Narada Power Source (300068.SZ) stated on the investor interaction platform that in recent years, the revenue proportion from exports to the USA has been less than 5%. The increase in tariffs in the USA has no significant direct impact on the company’s operational performance, as the actual tariffs on relevant Orders are borne by the customers. Going forward, the company will pay attention to changes in the international market dynamics, actively adjust its operation strategy, and strengthen its strategic layout in the domestic market and markets outside the USA, including Southeast Asia, Europe, and Australia, to respond to potential risks.
It's Down 29% But ZHEJIANG NARADA POWER SOURCE Co. , Ltd. (SZSE:300068) Could Be Riskier Than It Looks
Zhejiang Narada Power Source's Executive President Gao Xiubing: The Datacenter Business has a full Order volume, and the mass production cost of Solid State Battery is expected to be lower than 1 yuan/Wh | Financial Special Interview
① This year, the growth of the company's Datacenter Business is a new highlight, with domestic Orders currently full and capacity utilization exceeding 90%; ② Gao Xiubing stated that in two to three years, the company's Solid State Battery will be usable in low-altitude aircraft; ③ With the accelerated layout of computing power center construction, the Datacenter battery products are experiencing explosive growth, with simultaneous growth in both domestic and overseas markets.
Zhejiang Narada Power Source (300068.SZ): Currently, the production line is mainly used for Datacenter backup power products.
On March 18, Gelonghui reported that Zhejiang Narada Power Source (300068.SZ) recently stated during an investor relations event that the current production line is mainly used for Datacenter backup power products, with a small portion allocated for Communications backup power and Autos start-stop Batteries.
Zhejiang Narada Power Source (300068.SZ): Datacenter solutions have successfully covered major domestic and international datacenter clients.
On March 18, 2023, Gelonghui reported that Zhejiang Narada Power Source (300068.SZ) recently stated during an investor relations activity that the company's Datacenter solutions have successfully covered mainstream Datacenter clients both domestically and internationally. Domestically, the company has formed long-term cooperation with several leading large Internet enterprises, operators, and Financial Institutions, including GDS Holdings, ByteDance, Alibaba, Baidu, JD.com, CHINA MOBILE, CHINA TELECOM, Agricultural Bank Of China, and China Construction Bank Corporation. Internationally, the company has been selected as a preferred supplier for non-US brand Batteries in large Datacenters in the USA and has successfully entered high-end markets in the Asia-Pacific, Latin America, and other large data management centers.