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Beiqi Foton Motor Co.,Ltd.'s (SHSE:600166) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
HAXC Holdings (300928.SZ): Received project location notification from Beiqi Foton.
On December 16, Gelonghui reported that HAXC Holdings (300928.SZ) announced it has recently received a project designation notification from Beiqi Foton Motor Co., Ltd. (referred to as 'Beiqi Foton'), confirming that the company has obtained the qualification for the development and supply of two display assembly products for one of its Commercial Vehicle platform projects, which has a sales market that is Global.
Quick report on production and sales data for each product in November 2024
beiqi foton motor (600166.SH): In November, the total sales volume of autos products was 62,193 units.
Ge Long Hui December 8th | Beiqi Foton Motor (600166.SH) released the November 2024 production and sales data report for each product. The total sales of autos this month reached 62,193 units, with sales of new energy autos totaling 7,293 units, an increase of 62.1% year-on-year. In November, Fuda heavy trucks sold 4,743 units, with a cumulative sales of 52,483 units from January to November, a cumulative year-on-year decrease of -25.77%; Fukang engines sold 13,466 units in November, with a cumulative sales of 143,286 units from January to November, a cumulative year-on-year decrease of -19.38%.
Huachuang Securities: Economic viability + policy guidance provides broad prospects for the development of electric heavy-duty trucks.
In recent years, the penetration of electric heavy trucks has accelerated, with a penetration rate exceeding 11% by October 2024. The total benefits over a 9-year lifecycle are about 15% higher than diesel vehicles.
Kunming Yunnei Power (000903.SZ): The company's main clients also include beiqi foton motor, dongfeng automobile, and others.
Gelonghui November 28th | Kunming Yunnei Power (000903.SZ) stated on the investor interaction platform that the company's main customers also include beiqi foton motor, dongfeng automobile, etc.
Beiqi Foton Motor Co.,Ltd.'s (SHSE:600166) Low P/S No Reason For Excitement
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