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Shenzhen S.C New Energy Technology Corporation (300724.SZ) plans to increase capital for Runyang Co., Ltd. through Debt-for-equity Swaps.
On February 25, Gelonghui reported that Shenzhen S.C New Energy Technology Corporation (300724.SZ) announced that its subsidiary, Changzhou S.C. New Precision Machinery Co., Ltd. (referred to as "Changzhou S.C. New"), based on a long-term good cooperative relationship with Runyang Co., Ltd. and its subsidiaries, including Yunnan Runyang Century Photovoltaic Technology Co., Ltd. (collectively referred to as "Runyang subsidiaries"), agreed upon consultation to transfer its monetary debt of 0.142 billion yuan to Shenzhen S.C New Energy Technology Corporation as of December 31, 2024.
Is There An Opportunity With Shenzhen S.C New Energy Technology Corporation's (SZSE:300724) 42% Undervaluation?
Shenzhen S.C New Energy Technology Corporation (300724.SZ): Currently, the main business of the company is the research, development, production, and sales of photovoltaic Battery equipment, with a small proportion of the Semiconductors equipment business
On February 14, Glonghui reported that Shenzhen S.C New Energy Technology Corporation (300724.SZ) stated on the investor interaction platform that the company's main business is the research and development, production, and sales of photovoltaic Battery equipment, while the Semiconductor equipment business is relatively small. The company will continue to expand into the Semiconductor and Third-generation Semiconductors equipment fields. Currently, the company's Semiconductor Cleaning Equipment Orders are continuously growing, and the high-temperature thermal treatment process equipment for Silicon Carbide has been delivered to leading clients in the Industry. Additionally, the company is continuously researching and developing Other Semiconductor and broadly related equipment.
Could The Market Be Wrong About Shenzhen S.C New Energy Technology Corporation (SZSE:300724) Given Its Attractive Financial Prospects?
Shenzhen S.C New Energy Technology Corporation (300724.SZ) announced an increase in forecast, expecting a net income of 2.3 billion to 3.1 billion yuan for the year 2024, a year-on-year growth of 40.80% to 89.77%.
Shenzhen S.C New Energy Technology Corporation (300724.SZ) released its performance forecast for 2024, and the company expects the net profit attributable to...
Jiejia Weichuang: 2024 Annual Results Forecast