ZY Electronics' IPO has been terminated. The products have entered the supply chain systems of customers such as BYD Company Limited, contemporary amperex technology, etc.

On November 7th, Guangzhou Zhiyuan Electronics Co., Ltd. (referred to as Zhiyuan Electronics) terminated its GEM IPO on the Shenzhen Stock Exchange. This was due to Zhiyuan Electronics and the sponsor withdrawing their application for listing. In accordance with the 62nd article of the Shenzhen Stock Exchange's Stock Issuance and Listing Review Rules (Revised in 2024), the Shenzhen Stock Exchange decided to terminate the review of its listing application.

Zhitong FinanceNov 7 19:02 ET

Sungrow Power Supply's (SZSE:300274) Solid Earnings May Rest On Weak Foundations

Simply Wall StNov 7 17:32 ET

Ping An Securities: Photovoltaic and energy storage power inverter Q3 performance under seasonal pressure, but the main track still has sufficient growth potential.

In terms of revenue, the overall performance of Q3 is relatively weak. Sungrow Power Supply, Sineng Electric, and Shenzhen Sinexcel Electric all experienced a slowdown in Q3 revenue growth compared to the same period last year, while the other two companies saw a year-on-year decline. Except for Sungrow Power Supply, which slightly increased on a month-on-month basis, the Q3 revenue of the other 4 companies all decreased month-on-month.

Zhitong FinanceNov 7 02:38 ET

Sinolink: In Q3, the public offering increased positions in non-financial and real estate sectors the most, significantly reducing positions in cyclical sectors.

In the third quarter of 24, the total size of public offering funds has increased significantly, with "passive equity" continuing to be more preferred by investors than "active equity".

Zhitong FinanceNov 5 00:39 ET

Sungrow Power Supply (300274.SZ): has cumulatively repurchased 3.1965 million shares.

On November 4th, Grong Hui reported that sungrow power supply (300274.SZ) disclosed that as of October 31, 2024, the company had repurchased a total of 3.1965 million shares through the Shenzhen Stock Exchange trading system through centralized bidding trading, accounting for 0.1542% of the total share capital, with the highest repurchase price of 95.12 yuan/share and the lowest price of 65.85 yuan/share. The total amount of funds paid was RMB 0.271 billion (excluding transaction costs).

Gelonghui FinanceNov 4 05:10 ET

sungrow power supply (300274.SZ): The company's energy storage shipments in the first three quarters accounted for approximately 40% domestically.

Gelonghui on November 1st | Sungrow Power Supply (300274.SZ) held an investor relations event on October 31, 2024, regarding the 'Regional Structure of Energy Storage Shipments in the first three quarters before the split'. The company stated that in the first three quarters, about 40% of the company's energy storage shipments were domestic, with the Americas and Europe being the main overseas regions, with fewer shipments in the Americas in the first half of the year, and increasing in the third quarter.

Gelonghui FinanceNov 1 03:17 ET