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Jiangxi Welgao Electronics Co., Ltd.'s (SZSE:301251) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Vigor High (301251.SZ): Intends to use the oversubscribed funds of 79.224 million yuan to permanently supplement working capital.
On December 5, Gelonghui reported that Weigaogao (301251.SZ) held the fifth meeting of the second board of directors and the fifth meeting of the second supervisory board on December 5, 2024, reviewing and approving the proposal on the permanent use of part of the oversubscribed funds to supplement working capital, agreeing to permanently supplement the company's working capital with 79.224 million yuan from the oversubscribed funds.
Weirgao (301251.SZ): The company's main products in the AI field include DC-DC related power supply products PCB.
November 27, Geelong Hui. Weigao (301251.SZ) stated on the investor interaction platform that the company's products are widely used in industrial control, display, consumer electronics, communication equipment, automotive electronics, etc. In the AI field, the company mainly includes DC-DC related power products PCB, and the number of PCB layers has reached 30 layers.
Willgo (301251.SZ): There is no business relationship with Hongsheng technology.
On November 26, Golonghui reported that Weigao (301251.SZ) stated on the investor interaction platform that they have no relation or business with Hongsheng Technology.
Is Jiangxi Welgao Electronics (SZSE:301251) Using Too Much Debt?
Willgo (301251.SZ): The products are widely used in industrial control, display, consumer electronics, automotive electronics, communication equipment and other fields.
According to the investor interaction platform on November 18, 2023, Weiergao (301251.SZ) stated that the company primarily focuses on printed circuit boards. In the future, the company will also base its development on its main business and deepen its efforts in the fields of industrial control electric machines, electronic control, power thick copper boards, server power, secondary power, tertiary power, small-sized miniled, display fields, automotive electronics, and high-frequency high-speed communication equipment, gradually exploring other high-end markets. The company's products are widely used in industrial control, display, consumer electronics, automotive electronics, communication equipment, and other fields, with specific application areas determined by customers based on their business needs.
