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Wolong Electric Gets Green Light to Build 2.03 Billion Yuan New Energy Project
Wolong Electric Group (600580.SH): The Baotou Damao Banner New energy Fund and energy storage network pilot demonstration project has been approved.
On December 13, Gelonghui reported that Wolong Electric Group (600580.SH) announced that the company received the approval document from the Baotou Municipal Development and Reform Commission regarding the demonstration project for new energy and energy storage grid construction of Shunfeng New Energy (Damaoqi) Co., Ltd. (Approval No. Baofan Gai Approval [2024] No. 116), which agrees to the construction of the new energy and energy storage grid demonstration project (Project Code: 2409-150223-04-05-723098) by the subsidiary Shunfeng New Energy (Damaoqi) Co., Ltd. The new energy Business, as the second curve in the company's "One, Two, Three Development Global Strategy", is being implemented.
Some Investors May Be Worried About Wolong Electric GroupLtd's (SHSE:600580) Returns On Capital
Wolong Electric Group (600580.SH): Cooperation related to joint module innovation with Zhejiang siasun robot&automation Center.
Wolong Electric Group (600580.SH) stated on the investor interaction platform on December 5 that it has cooperation with Zhejiang Humanoid Robot Innovation Center on joint modules, including the humanoid robot model "Leader 2". The company's business cooperation in the humanoid robot field also includes scenario application development and promotion, combined with the industrial internet platform's industrial scene big data, which can be widely applied in various fields such as electrical utilities, petrochemicals, coal mining, emergency rescue, medical care, and rehabilitation.
wolong electric group (600580.SH): The company did not implement share repurchases in November.
On December 2, Glenwood announced that wolong electric group (600580.SH) stated that in November 2024, the company did not implement any share buybacks. As of November 30, 2024, the company has repurchased a total of 5,148,200 shares, accounting for 0.40% of the total share capital (1,302,622,626 shares). The highest transaction price was 15.66 yuan/share, the lowest price was 8.39 yuan/share, and the total amount of funds paid was 60,005,392.14 yuan (excluding transaction fees). This buyback complies with relevant laws and regulations as well as the company’s share repurchase plan.
Wolong Electric Group (600580.SH): Frameless torque electric machines and various joint module products can be applied to bionic robots, including humanoid siasun robot&automation.
Gelonghui, on November 27, reported that Wolong Electric Group (600580.SH) stated on the investor interaction platform that the company's frameless torque electric machines and various joint module products can be applied to bionic robots, including humanoid robots, providing power system solutions for these robots. The company has also laid out solutions for bionic robotic inspection systems, high-altitude emergency delivery systems, and exoskeleton assistance systems. These systems integrate advanced technologies such as motion control, map positioning, autonomous navigation, sensory recognition, and communication transmission, and can be widely applied in various fields including electrical utilities, petrochemicals, coal mining, emergency rescue, and medical care.
Take Care Before Diving Into The Deep End On Wolong Electric Group Co.,Ltd. (SHSE:600580)
