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Xiangtan Electric Manufacturing (SHSE:600416) Shareholder Returns Have Been Decent, Earning 35% in 5 Years
Xiangtan Electric Manufacturing (600416.SH): Transformers have not been produced yet.
On January 10, Gelonghui reported that Xiangtan Electric Manufacturing (600416.SH) indicated on the investor interaction platform that the company has not yet produced transformers.
Xiangtan Electric Manufacturing Co. Ltd.'s (SHSE:600416) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Xiangtan Electric Manufacturing (600416.SH): The private placement matter has been approved by the Hunan State-owned Assets Supervision and Administration Commission.
Gelonghui, November 26 - Xiangtan Electric Manufacturing (600416.SH) announced that the company has obtained approval from the Hunan Provincial State-owned Assets Supervision and Administration Commission, agreeing to issue A-shares to specific objects, with the number of shares not exceeding 397.6219 million shares and a total fundraising amount not exceeding 2 billion yuan. The funds will be used for the serialization research and development and industrialization projects of aviation electrical systems, the R&D and industrialization projects of magnetic levitation bearing high-speed electric machine systems, and to supplement the company's working capital.
The proposed fundraising will not exceed 2 billion yuan! Xiangtan Electric Manufacturing plans to invest in and build a new project for "low-altitude economy" | Brief announcement.
1. xiangtan electric manufacturing plans to raise no more than 2 billion yuan through private placement, for the serialization research and industrialization project of aviation electrical systems, the research and industrialization project of high-speed electric machine systems using magnetic levitation bearings, and supplementary working capital. 2. The company stated that the funds raised from this issuance will be used to improve and expand the company's main business.
Xiangtan Electric Manufacturing (SHSE:600416) Is Looking To Continue Growing Its Returns On Capital
