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Jefferies Upgrades Sunwoda Electronic to Buy From Hold, Adjusts Price Target to 32 Yuan From 14 Yuan
Impressive Earnings May Not Tell The Whole Story For Sunwoda ElectronicLtd (SZSE:300207)
Sunwoda Electronic (300207.SZ): has the ability to research and produce batteries for low-altitude drones.
Gelonghui November 5th | sunwoda electronic (300207.SZ) stated on the investor interaction platform that the company has the capability to research and develop and produce batteries for low-altitude aircraft, and is actively connecting with related manufacturers.
Sunwoda Electronic (300207.SZ): It is expected to complete the production of laboratory samples of solid state batteries with energy density greater than 700Wh/kg by 2027.
Gelonghui November 5th | Sunwoda (300207.SZ) stated on the investor interaction platform that Sunwoda has further increased the energy density of solid state batteries to 500Wh/kg by using lithium metal as the negative electrode, and there are already laboratory prototype samples. It is expected to complete the production of laboratory samples of all solid-state batteries with energy density greater than 700Wh/kg by 2027.
Sunwoda Electronic (300207.SZ): repurchased 0.7% of the shares.
Gelonghui November 1st, Sunwoda Electronic (300207.SZ) announced that, as of October 31, 2024, the company repurchased 12,948,360 shares through a repurchase special securities account for centralized bidding trading, accounting for 0.70% of the company's current total share capital of 1,862,217,256 shares. The repurchased shares will be cancelled and the company's registered capital will be correspondingly reduced. The highest fill price was 18.27 yuan per share, the lowest fill price was 13.73 yuan per share, and the total amount of the trades was 199,934,497.20 yuan (excluding transaction costs).
Sunwoda: Report for the third quarter of 2024
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