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Shanghai Yct Electronics Group Co.,Ltd's (SZSE:301099) Subdued P/E Might Signal An Opportunity
Yachuang Electronics (301099.SZ): The products developed in-house and those distributed as an agent have begun mass supply to BYD.
On December 24, Gelonghui reported that Yachuang Electronics (301099.SZ) stated on the investor interaction platform that the self-developed and agency-distributed related products have achieved bulk supply to BYD.
Yachuang Electronics (301099.SZ): Self-developed IC products have been successfully introduced to well-known automakers in the industry such as Wenjie, NIO, and Li Auto, achieving bulk supply through Tier 1 or Tier 2.
On December 24, Gelonghui reported that Yachuang Electronics (301099.SZ) stated on the investor interaction platform that the company's self-developed IC products have been successfully introduced to well-known automotive companies in the industry, such as Wanjie, NIO, and Li Auto, achieving bulk supply through Tire1 or Tire2, gaining recognition from many automotive corporate clients. In the first three quarters of 2024, the company's self-developed IC revenue was 0.24 billion yuan, an increase of 33.18% compared to the same period last year.
Yachuang Electronics (301099.SZ): The company's and its subsidiaries' related products can be applied in the Siasun Robot&Automation field.
On December 24, Glodon reported that Yachuang Electronics (301099.SZ) stated on the investor interaction platform that both the application of robots and the application of smart car interiors share commonalities at this stage, as they both require perception, computation, and execution. The company and its subsidiaries have related products that can be applied in the robot field, and the company will vigorously expand its related business.
Yachuang Electronics (301099.SZ): 66.3 million shares that were issued before the initial public offering will be released from restrictions on November 22.
On November 19, Graceland issued a prompt announcement regarding the lifting of restrictions on the shares issued before the initial public offering and their listing for trading. The shares being unlocked this time are part of the shares issued before the initial public offering of the company. The number of shareholders whose shares are unlocked this time totals 3, with a total of 66.3 million shares, accounting for 63.01% of the company's current total share capital. The date of the shares becoming tradable after the lifting of restrictions is November 22, 2024 (Friday).
Is Shanghai Yct Electronics Group Co.,Ltd's (SZSE:301099) 9.8% ROE Better Than Average?
Shanghai Yct Electronics GroupLtd's (SZSE:301099) Returns On Capital Not Reflecting Well On The Business
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