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China Post Securities: Strong demand in North America supports high prosperity, bullish on export of distribution side transformers.
The USA had previously implemented import restrictions on electrical transformers with a voltage level of 69kV and above. There may still be some hidden risks in exporting high-capacity electrical transformers to the USA, so it is recommended to be bullish on distribution transformers for export.
Mingyang Electric (301291.SZ): the net income in the first half of the year is expected to increase by 36.07%-60.81%.
Ming Yang Electric (301291.SZ) released its 2024 semi-annual performance forecast, reporting a net income attributable to shareholders of the listed company of 0.22-0.26 billion yuan, a year-on-year increase of 36.07%-60.81% (adjusted). The net income after deducting non-recurring gains and losses is expected to be 0.219-0.259 billion yuan, an increase of 40.19%-65.80% (adjusted) compared to the same period last year. During the reporting period, the company's increase in order backlog and actual delivery scale of the company's products drove growth in revenue and profit. The company continues to improve precision.
Guangdong Mingyang Electric: 2024 Interim Performance Forecast
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Guangdong Mingyang ElectricLtd (SZSE:301291) Could Easily Take On More Debt
Express News | German Economy Ministry: This Is a Question of Critical Infrastructure and Level Playing Field
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