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Capital Allocation Trends At Wuxi Best Precision Machinery (SZSE:300580) Aren't Ideal
Wuxi Best Precision Machinery (300580.SZ): The company's turbocharger Business is expected to continue stable growth in 2024.
On December 26, Longhui announced that Wuxi Best Precision Machinery (300580.SZ) recently stated in an investor relations activity that today, the Global standards for energy conservation and emission reduction are tightening, and the sales of hybrid Autos are significantly increasing, with the penetration rate of turbochargers continuously rising. The company has deeply explored the potential customer demand relying on the good reputation and quality customer resources formed over the years in the turbocharger Industry, achieving comprehensive business coverage of the main leading customers in the Industry. With the continuous release of the company's new production capacity, the turbocharger business is expected to maintain stable growth in 2024.
Wuxi Best Precision Machinery (300580.SZ): The Thai branch has successfully laid its foundation in the second half of the year and is now officially under construction.
On December 26, Glonghui reported that Wuxi Best Precision Machinery (300580.SZ) recently stated in an investor relations event that the company will deepen its international market layout and intends to steadily advance overseas investment and factory establishment. In the second half of this year, the Thailand branch has successfully laid the foundation, and construction has officially begun, striving for the project to be completed and put into production as soon as possible, injecting strong momentum into the company's international development.
Wuxi Best Precision Machinery Co., Ltd.'s (SZSE:300580) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Guosen: The development of humanoid robots is accelerating, and there is vast potential for domestic screw replacement.
Some domestic players are gradually entering the humanoid siasun robot&automation screw industry layout based on their own capabilities, and domestic rolling screw is gradually being recognized and adopted in high-end application fields.
Wuxi Best Precision Machinery (300580.SZ) shareholder Xinshi Investment has decreased its shareholding by 1.02%.
wuxi best precision machinery (300580.SZ) announced that the shareholder of the company, wuxi xinshi investment partnership enterprise (limited partnership) (referred to...
There's Reason For Concern Over Wuxi Best Precision Machinery Co., Ltd.'s (SZSE:300580) Massive 27% Price Jump
