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Xiamen King Long Motor Group Co., Ltd. (600686.SH): Sales revenue of self-driving buses in 2023 accounts for no more than 0.3% of the company's revenue, a negligible proportion.
On July 26, Gelunhui reported that the closing prices of Xiamen King Long Motor Group's stocks had deviated by 20% for two consecutive trading days (July 25 and 26, 2024), which is considered as abnormal fluctuations in stock trading according to the relevant rules of the Shanghai Stock Exchange. The company has been paying attention to recent media reports regarding its involvement in the concept of self-driving cars. The company's main business is currently focused on conventional passenger cars that require human drivers, and the sales revenue from self-driving cars in 2023 is expected to account for no more than 0.3% of the company's total revenue.
5 days, 4 limit ups. Xiamen King Long Motor Group (600686.SH): the PE ratio is significantly higher than the industry average, and there may be irrational speculation risks.
Xiamen King Long Motor Group (600686.SH) has announced that the company's stocks have been traded continuously for 2 trading days (July 2024...)
Shanghai Stonehill Technology (002195.SZ) currently has no business cooperation with Xiamen King Long Motor Group.
On July 24th, Guolonghui reported that an investor asked Shanghai Stonehill Technology (002195.SZ) on the investor interactive platform if the company had any cooperation with Xiamen King Long Motor Group, and the company replied that there is currently no business cooperation between the two companies.
Is Xiamen King Long Motor Group (SHSE:600686) Weighed On By Its Debt Load?
Selected announcements from Gelunhui: Betta Pharmaceuticals expects a non-GAAP net profit increase of 140.00%-160.00% in the first half of the year; Saiwei Microelectronics expects a net profit increase of 570% in the first half of the year; Huayi Brother
[Investment Projects] China Aerospace Times Electronics (600879.SH): Era Minorities Company plans to invest 29 million yuan to build a clean room and supporting facilities. Union Water Affairs (603291.SH): Plans to invest no more than 0.18 billion yuan to build Xianning Wangying Reservoir Phase II project water distribution pipeline expansion project. Union Water Affairs (603291.SH): Plans to invest 0.219 billion yuan to build the fifth phase project of the Second Water Plant. CHN Energy Changyuan Electric Power (000966.SZ): Plans to cooperate with the government of Songzi City to develop and build a new energy project with a total installed capacity of no less than 1.5 million kilowatts. The total investment is about 7 billion yuan. [Contract Awards] Leaguer(Shenzhen)Microelectronics Corp. won the bid.
Xiamen King Long Motor Group (600686.SH) experienced four consecutive daily limit-up movement within eight days. Self-driving bus revenue accounts for a very small proportion and is still in the exploratory stage.
Xiamen King Long Motor Group (600686.SH) announced that the company's stocks have traded for three consecutive trading days (July 2024...
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