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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%
Gelonghui Announcement Highlights | Shenzhen Sea Star Technology: Currently not involved in the 'WeChat Small Store' business; Wolong Electric Group: Plans to invest 2.03 billion yuan in the Baotou Damaoqi New Energy and Energy Storage Grid Configuration
【Hot Spot Tracking】Shenzhen Sea Star Technology (002137.SZ): Currently not involved in "WeChat Mini Store" business. Shanghai Laiyifen (603777.SH): Currently has a very low sales proportion through WeChat channels. KraussMaffei (600579.SH): In the last 5 trading days, the cumulative stock increase has reached 60.90%, with no significant changes in main Business. 【Project Investment】Henan Yuneng Holdings (001896.SZ): Subsidiary plans to invest 8.644 billion yuan to construct the Linzhou Gongsang Pumped Storage Power Station project in Henan. Wolong Electric Group (600580.SH): Plans to invest 2.03 billion yuan to construct the Baotou Damaoqi New Energy and Energy Storage Network Pilot.
Wolong Electric Group (600580.SH): Frameless torque motors and various joint module products have begun joint research and development with several downstream customers in the field of bionic robots.
On December 20, Gelonghui reported that Wolong Electric Group (600580.SH) stated on the investor interactive platform that the company’s frameless torque Electric Machine and various joint module products have begun joint research and development with multiple downstream clients in the biomimetic robot sector, including sample testing, and some clients have already formed small batch Orders. Biomimetic robots, including humanoid robots, are a key area of Global Strategy for the company.
Wolong Electric Gets Green Light to Build 2.03 Billion Yuan New Energy Project
Take Care Before Diving Into The Deep End On Wolong Electric Group Co.,Ltd. (SHSE:600580)
