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Chengdu Galaxy Magnets (300127.SZ): Galaxy Group has completed a Shareholding reduction of 0.99%.
On March 6th, Gelonghui reported that Chengdu Galaxy Magnets (300127.SZ) announced it has recently received a notification letter from Galaxy Group regarding the completion of the shareholding reduction plan. As of March 6, 2025, Galaxy Group has reduced its shareholding in Chengdu Galaxy Magnets by 3,199,915 shares, accounting for 0.99024%, and this shareholding reduction plan has been completed.
The One-year Decline in Earnings for Chengdu Galaxy MagnetsLtd SZSE:300127) Isn't Encouraging, but Shareholders Are Still up 78% Over That Period
Are Chengdu Galaxy Magnets Co.,Ltd.'s (SZSE:300127) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Capital Allocation Trends At Chengdu Galaxy MagnetsLtd (SZSE:300127) Aren't Ideal
Chengdu Galaxy Magnets (300127.SZ): The direct downstream customers are micro electric machine manufacturers, and the company develops, produces, and sells products according to the requirements of direct customers.
On January 7, Gelonghui reported that Chengdu Galaxy Magnets (300127.SZ) stated on the investor interaction platform that the company has been committed to the research, production, and sales of Rare Earth Permanent Magnets. The products are widely used in various fields including Autos, energy-saving appliances, electric tools, Siasun Robot&Automation, information technology, Consumer electronics, office automation, and factory Automation Equipment. The company's direct downstream clients are micro motor manufacturers, and the company develops, produces, and sells products according to the requirements of these direct clients. Tesla is not a direct client of the company, and the company cannot know how many products are ultimately used in Tesla products.
Estimating The Intrinsic Value Of Chengdu Galaxy Magnets Co.,Ltd. (SZSE:300127)
Investors One-year Losses Continue as Chengdu Galaxy MagnetsLtd (SZSE:300127) Dips a Further 8.8% This Week, Earnings Continue to Decline