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Does Chengdu Xuguang Electronics (SHSE:600353) Have A Healthy Balance Sheet?
Chengdu Xuguang Electronics (600353.SH): The controlling subsidiary has launched a domestically produced RUIZHIA AI smart computing industrial control machine.
On February 20, Gelonghui reported that Chengdu Xuguang Electronics (600353.SH) stated on the investor interaction platform that the domestically made RUIZHIA AI intelligent control machine launched by its holding subsidiary is of great significance in autonomous technological innovation and data security protection. The company has broken through the traditional bottlenecks of edge devices in terms of computing power and precision, such as the RUIZHIA F14 control machine achieving a fault identification accuracy rate of up to 99.2% and an ultra-low inference latency of less than 8ms, which will actively promote the widespread application and development of domestic technology in industrial scenarios.
Capital Allocation Trends At Chengdu Xuguang Electronics (SHSE:600353) Aren't Ideal
Chengdu Xuguang Electronics to Invest 35 Million Yuan in Ceramic Materials Subsidiary
Chengdu Xuguang Electronics (600353.SH): The controlling subsidiary increased its capital by 35 million yuan to its wholly-owned subsidiary.
Gelonghui, on January 9, reported that Chengdu Xuguang Electronics (600353.SH) announced that its holding subsidiary Chengdu Xuci New Materials Co., Ltd. (hereinafter referred to as "Chengdu Xuci"), established in December 2020, has a registered capital of 34.5 million yuan, primarily engaged in the sales of new ceramic materials; sales of special ceramic products; manufacturing of special ceramic products; sales of electronic specialty materials; research and development of electronic specialty materials; manufacturing of electronic specialty materials. Due to the overall strategic planning and operational development needs, Chengdu Xuci increased capital by 35 million yuan to its wholly-owned subsidiary Ningxia Beici. After this capital increase is completed, Ningxia Beici's registered capital...
Are Chengdu Xuguang Electronics Co., Ltd.'s (SHSE:600353) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Optimistic Investors Push Chengdu Xuguang Electronics Co., Ltd. (SHSE:600353) Shares Up 30% But Growth Is Lacking
