Sinolink: DeepSeek promotes the vigorous development of AI technology, and related chemical New Materials are expected to benefit.
The popularization of AI, represented by DeepSeek, is expected to drive the demand for related chemical materials in the Industry Chain both upstream and downstream. It is advisable to pay attention to symbols related to Photoresist, Coolant, Electronic Resin, Electronic Wet Chemicals, Electronic Specialty Gases, and OLED materials.
Wolong Electric Group Co.,Ltd.'s (SHSE:600580) 63% Price Boost Is Out Of Tune With Revenues
Gelonghui Notice Highlights | Wolong Electric Group: In 2024, the company's robot-related products and applications will account for approximately 2.7% of total revenue; Lianhua Holdings: The company does not directly or indirectly Hold equity in DeepSeek
【Hot Topics】Routon Electronic (600355.SH): Not involved in humanoid robot Business. Zhejiang Daily Digital Culture Group (600633.SH): No direct or indirect equity relationship with DeepSeek, nor has any business cooperation. New East New Materials (603110.SH): In 2024, the revenue from computing power business will not exceed 10% of the total main business revenue. Lianhua Holdings (600186.SH): The company does not directly or indirectly Hold equity in DeepSeek. Wolong Electric Group (600580.SH): In 2024, the company's robot-related products and applications will account for a portion of overall revenue.
Wolong Electric Group (600580.SH): In 2024, the company's Siasun Robot&Automation related products and applications will account for approximately 2.7% of total revenue.
On February 7, 2023, Gelonghui announced an unusual stock trading fluctuation notice for Wolong Electric Group (600580.SH). In 2024, the revenue from the company's Siasun Robot&Automation related products and applications (including industrial robot system solutions, industrial robots, and bionic robot components) accounts for approximately 2.7% of the overall revenue, which is relatively low and will not have a significant impact on the company's current Operation performance.
Research Reports on finding opportunities | Guosen: Wolong Electric Group's performance is expected to grow steadily in 2024, maintaining an "outperform the market" rating.
Guosen's Research Reports indicate that Wolong Electric Group (600580.SH) is expected to achieve a Net income of approximately 0.8 billion yuan in 2024, a year-on-year increase of about 51%. In 2024, driven by policies such as the replacement of old home appliances and large-scale equipment updates, the company's Business in daily Electric Machines is rapidly developing, achieving stable growth in Net income. The company is a leading enterprise in domestic industrial Electric Machines and daily Electric Machines, with excellent product performance. It has well-known brands such as Wolong, Nanyang Explosion-proof, and ATB, and is expected to achieve rapid development along with the ongoing recovery in the Industry. Meanwhile, the company is accelerating customer expansion based on bases in Europe, North America, Vietnam, and others.
Retail Investors Account for 52% of Wolong Electric Group Co.,Ltd.'s (SHSE:600580) Ownership, While Private Companies Account for 39%
Wolong Electric Group Plans to Sell Stakes in Several Subsidiaries
Wolong Electric Group (600580.SH): Plans to sell part of the shares of several subsidiaries to DRAGON MINING.
On January 27, Gelonghui reported that Wolong Electric Group (600580.SH) announced that to further focus on the company's core Business and achieve high-quality development, the company is planning to sell its 43.21% equity in Long Energy Electrical Utilities, 80% equity in Wolong Energy Storage, 51% equity in Wolong Yingnaide, and 70% equity in Shunfeng Electrical Utilities to DRAGON MINING. DRAGON MINING intends to use Cash to pay for the equity consideration. After the completion of this Trade, the company will no longer hold control over the aforementioned subsidiaries, and the scope of the company's consolidated financial statements will change. After considering the actual contributions of the aforementioned company's Shareholders, operational status, profitability, and development.
Wolong Electric Group Forecasts 51% Rise in 2024 Profit
Wolong Electric Drive: Wolong Electric Drive 2024 Annual Performance Pre-Increase Announcement
Wolong Electric Drive 2024 Annual Results Pre-Increase Announcement
Wolong Electric Group (600580.SH): Net profit is expected to increase by approximately 51% in 2024.
On January 21, Glory Holdings announced that Wolong Electric Group (600580.SH) published the 2024 annual performance forecast, expecting to achieve a net income of approximately 800 million yuan attributable to the parent company in 2024, a year-on-year increase of about 51%. It is expected to achieve a net income of approximately 690 million yuan attributable to the parent company after deducting non-recurring gains and losses in 2024, a year-on-year increase of about 45%. The company adheres to the growth strategy of three curves, insists on building a technology-leading enterprise, follows the Global Strategy for overseas market expansion, optimizes revenue structure while continuously exploring cost reduction opportunities, and achieves stable growth in performance.
SWHY: The machine dog Industry has formed a Global competitive landscape, with domestic brands currently dominating.
In recent years, supported by policies and capital, the number of enterprises and institutions deploying four-legged robots in the Global market has continued to increase, and the market size is growing rapidly.
A-shares mid-day review: The Chinext Price Index rose by 2.68%, with over 5,200 stocks increasing! Xiaohongshu Concept and Robot Concept led the gains.
As of the midday break, the Shanghai Composite Index rose by 1.75%, the Shenzhen Component Index rose by 2.42%, and the Chinext Price Index rose by 2.68%.
Wolong Electric Group (600580.SH): The Battery products from the power supply company can be used in the power systems of Datacenters.
On January 10, GE Longhui reported that Wolong Electric Group (600580.SH) stated on the investor interaction platform that the company's EC Electric Machine features integrated machine control and energy efficiency, and can be applied to the temperature control systems of Datacenters, with clients including Daikin from Italy. The company's battery products can be utilized in the power systems of Datacenters, having been delivered to clients including the BYD Datacenter.
Wolong Electric Group (600580.SH): The company's EV Electric Machine is applied in industrial electric forklifts.
Gelonghui, January 10: Wolong Electric Group (600580.SH) stated on the investor interaction platform that the company's EV Electric Machine is used in industrial electric forklifts.
Wolong Electric Group (600580.SH): Zhejiang Longneng Electrical Utilities plans to terminate its listing on the National Equities Exchange and Quotations system.
On January 5th, Glonghui announced that Wolong Electric Group (600580.SH) held the 11th temporary meeting of the 9th Board of Directors and the 9th Supervisory Board meeting on January 5, 2025, where it reviewed and approved the proposals regarding "the proposal for Zhejiang Longneng Electrical Utilities Technology Co., Ltd. Stocks to terminate listing on the National Equities Exchange and Quotations system" and "the proposal on the measures to protect the rights and interests of dissenting shareholders regarding Zhejiang Longneng Electrical Utilities Technology Co., Ltd. Stocks' termination of listing on the National Equities Exchange and Quotations system," agreeing to the holding subsidiary Zhejiang Longneng Electrical Utilities.
Wolong Electric Group Co.,Ltd. (SHSE:600580) Surges 34% Yet Its Low P/S Is No Reason For Excitement
Wolong Electric Group (600580.SH): A total of 0.40% of shares have been repurchased.
Gelonghui, December 27丨Wolong Electric Group (600580.SH) announced that as of December 27, 2024, the company has repurchased a total of 5,148,200 shares through centralized bidding, accounting for 0.40% of the company's total share capital (1,302,622,626 shares). The highest transaction price was 15.66 yuan/share, and the lowest price was 8.39 yuan/share. The total amount of funds paid is 60,005,392.14 yuan (excluding transaction fees). The total amount for this repurchase has reached the lower limit of the repurchase plan, and the company's management has decided to terminate this repurchase early.
Wolong Electric to Build Baotou Damao Banner Storage Grid for 2.03 Billion Yuan; Shares Jump 4%