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Weihai Guangwei Composites (SZSE:300699) Seems To Use Debt Quite Sensibly
Weihai Guangwei Composites (300699.SZ): The composites Technology has been recognized as a high-tech enterprise.
Gelonghui January 2nd丨Weihai Guangwei Composites (300699.SZ) announced that recently, the Office of the Leading Group for the Management of National High-tech Enterprises Recognition issued an announcement regarding the first batch of high-tech enterprises recognized in ShanDong Province for 2024. Weihai Guangwei Composites Co., Ltd.'s wholly-owned subsidiary Weihai Guangwei Composites Technology Co., Ltd. (referred to as “Composites Technology”) has been recognized as one of the first batch of high-tech enterprises in ShanDong Province for 2024, with certificate number GR202437001175, issuance date of December 7, 2024, and a validity period of 3 years.
Weihai Guangwei Composites (300699.SZ): The current business scale of thermoplastic Carbon Fiber composites is still relatively small.
On December 27, Gelonghui reported that Weihai Guangwei Composites (300699.SZ) stated on the investor interaction platform that the current scale of Business for thermoplastic Carbon Fiber composites is still relatively small and will not have a significant impact on the company for the time being.
Research Reports to uncover opportunities丨China Securities Co.,Ltd.: Weihai Guangwei Composites has signed a large contract for three years, maintaining a "Buy" rating.
CSC's Research Reports indicate that Weihai Guangwei Composites (300699.SZ), a wholly-owned subsidiary, signed a "Materials Procurement Contract" with Client A, with a total contract amount of 3,663.6167 million yuan. The company's new model T800 grade fibers have been developed into a series of products, including T800S/T800H/T800G grades, covering application fields such as civil Aviation, low-altitude economy, and Satellite Internet, which supports the company's long-term development. The company is a leading Carbon Fiber enterprise and has a full range of aviation equipment coverage, with major contracts signed over the past three years, indicating a Bullish perspective on medium to long-term development potential. The company is expected to form a focus on
Chinese Stocks Almost Muted On Stimulus Disappointment; Guangwei Composites Soars 10%
The subsidiary signed a large contract worth 3.664 billion yuan. Can it provide Weihai Guangwei Composites with a sense of assurance? | Quick read of the announcement.
① Weihai Guangwei Composites announced that its wholly-owned subsidiary, Weihai Expansion, signed a "Material Purchase Contract" with Client A, with a total contract amount of 3.664 billion yuan. ② In the company's Carbon Fiber Business, the growth of Aviation-related sectors is relatively fast, including T300 grade/T700G grade/T800H grade.