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Hongfa Technology's (SHSE:600885) Investors Will Be Pleased With Their Decent 59% Return Over the Last Five Years
Hongfa Technology (SHSE:600885) Has More To Do To Multiply In Value Going Forward
Institutional Investors in Hongfa Technology Co., Ltd. (SHSE:600885) See CN¥1.2b Decrease in Market Cap Last Week, Although Long-term Gains Have Benefitted Them.
Is It Too Late To Consider Buying Hongfa Technology Co., Ltd. (SHSE:600885)?
Hongfa Technology (600885.SH): The company is a secondary or tertiary supplier for the Datacenter.
On January 13, Gelonghui reported that Hongfa Technology (600885.SH) stated on the investor interaction platform that the company is a secondary or tertiary supplier for Datacenters, primarily providing Relay products to customers indirectly through leading power manufacturers such as Delta, Shenzhen Honor Electronic, Great Wall, and Shenzhen Megmeet Electrical. In the future, with the development of AI, the power requirements for AI computing Servers in Datacenters will increase significantly. The company has taken the lead in collaborating with major Internet Plus-Related companies and leading power clients to develop products compatible with immersion liquid cooling solutions, and has completed the product and customer layout.
Hongfa Technology (600885.SH): will supply Shenzhen Megmeet Electrical with a variety of Relays including those for the New energy Fund.
On December 31st, Gelonghui reported that Hongfa Technology (600885.SH) stated on the investor interaction platform that the company supplies a variety of Relays, including those related to Shenzhen Megmeet Electrical and New energy Fund.
Is Now The Time To Look At Buying Hongfa Technology Co., Ltd. (SHSE:600885)?
