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Wintime Energy GroupLtd's (SHSE:600157) Returns On Capital Not Reflecting Well On The Business
Wintime Energy Secures 500 Million Yuan Working Capital Loan
Wintime Energy (600157.SH): obtained the first tranche of 0.5 billion yuan syndicated loan.
On December 3, Gelonghui reported that Wintime Energy (600157.SH) announced that in order to fully implement the spirit of the Central Financial Work Conference "to insist on serving the real economy as the fundamental purpose," and with the strong guidance and support of the Shanxi Provincial Committee and Provincial Government, the company signed a bank-enterprise cooperation agreement on August 6, 2024, with Jinshang Bank Co., Ltd. (hereinafter referred to as "Jinshang Bank") and Shanxi Bank Co., Ltd. (hereinafter referred to as "Shanxi Bank"). The two banks will provide the company and its subsidiaries with crediting not exceeding 1.5 billion yuan and 2 billion yuan, respectively, with a total credit limit not exceeding 3.5 billion yuan.
Great reversal! Stocks with net profit fall hit the limit up!
Are technology stocks no longer attractive?
Wintime Energy (600157.SH): The company owns high-quality resources of 1.5889 million tons of vanadium pentoxide.
Gelonghui November 13th | Wintime Energy (600157.SH) stated on the interactive platform that currently, the company's first MW-level energy storage power station - Nanshan Guang Storage Integrated Energy Storage Power Station passed the 72-hour trial operation on September 29, 2024 and was officially put into operation. The project consists of a 2.7MWp distributed photovoltaic system and a 1.5MW/6MWh all-vanadium liquid flow energy storage power station. The energy storage system is composed of 6 sets of 250kW energy storage units, which can quickly regulate resources for new power systems, ensure frequency stability of user-side power systems, marking the formal landing of the company's 4-hour energy storage duration all-vanadium liquid flow battery energy storage project.
Wintime Energy Group Co.,Ltd.'s (SHSE:600157) Price Is Right But Growth Is Lacking After Shares Rocket 29%
The Past Five Years for Wintime Energy GroupLtd (SHSE:600157) Investors Has Not Been Profitable
