Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Simply Wall StDec 5 17:53 ET

Songyuan Automotive Safety Systems Gets Board's Nod to Issue Convertible Bonds

MT NewswiresDec 5 00:11 ET

Zhejiang Songyuan Automotive Safety Systems (300893.SZ): intends to issue convertible bonds to raise no more than 0.275 billion yuan for the supporting project of the full industry chain of core components of 15.2 million sets of automotive safety systems

Gelonghui, December 4丨Zhejiang Songyuan Automotive Safety Systems (300893.SZ) announced the plan to issue convertible corporate bonds to unspecified targets. The total funds raised from this issuance are expected to not exceed 0.275 billion yuan (including 0.275 billion yuan), with the net funds raised after deducting issuance costs intended for the project of producing 15.2 million sets of core components for auto safety systems for the entire industry chain (Phase 2 of Lingshan Town Reservoir No. 3).

Gelonghui FinanceDec 4 05:30 ET

Zhejiang Songyuan Automotive Safety Systems (300893.SZ): Currently indirectly providing rear seat belt products for the Huawei Smart Selection model Chery Zhijie S7.

On December 4th, Gelonghui reported that zhejiang songyuan automotive safety systems (300893.SZ) stated on the investor interaction platform that the company currently has no direct business with Huawei, but is indirectly supplying rear seatbelt products for the Chery Zhijie S7 model, which is a Huawei smart selection vehicle.

Gelonghui FinanceDec 4 02:36 ET

Zhejiang Songyuan Automotive Safety Systems (300893.SZ): The company has not yet supplied goods to Xiaomi autos.

Gelonghui December 4th | zhejiang songyuan automotive safety systems (300893.SZ) stated on the investor interaction platform that, currently, the company has not yet supplied products to Xiaomi autos. The company always maintains an open attitude. For mainstream brands or models that have not been supplied yet, the company will take a proactive approach with high cost-effective products and services to further enhance penetration rates and opportunities for involvement.

Gelonghui FinanceDec 4 02:04 ET

Announcement Highlights by Gelunhui: Jiangsu Eastern Shenghong - Controlling shareholder and its concerted actors intend to increase their shareholding in the company by 2 to -4 billion yuan.

Solareast Holdings (603366.SH): The 'Full Liquid-Cooled Ultra-Fast Charging Station' procured Huawei's full liquid-cooled ultra-fast charging station, but did not generate related business income and profits. Grinm Advanced Materials (600206.SH): Supply small batches of solid electrolyte materials for power battery to customers, with business income expected to account for less than 1%. SAIC Group (600104.SH): The company and its controlling shareholder have no significant matters that should be disclosed but have not been disclosed. [Project Investment] Jiangsu Xiuqiang Glasswork (300160.SZ): Plans to invest no more than 75 million yuan in building a production line project in Thailand. Hangzhou Oxygen Plant Group (002430.

Gelonghui FinanceNov 13 09:14 ET