Is Sailun Group (SHSE:601058) A Risky Investment?

Simply Wall StDec 17 02:04 ET

Sailun Group Co., Ltd.'s (SHSE:601058) Largest Shareholders Are Retail Investors With 41% Ownership, Institutions Own 27%

Simply Wall StDec 3 22:48 ET

Research reports | Sealand: Maintain a "buy" rating on Sailun Group, bullish on the company's growth prospects.

Sealand's research reports indicate that the global mining industry's prosperity continues to improve, and the demand for OTR tires is on the rise. It is believed that the inventory shipping ratio and order shipping ratio data for machinery and equipment in the USA are positive, bullish on the marginal demand improvement for global machinery and equipment. Giant tires are expected to become the high point of OTR business. As of October 2024, Sailun Group (601058.SH) has developed the technology for a full range of giant tire specifications from 49 to 63 inches. According to the feasibility study report for the non-road tire technology transformation project at Sailun Group's Qingdao factory, the price per ton for giant tires is 0.0329 million yuan, which will further enhance the company's profitability. The company is seen as bullish.

Gelonghui FinanceNov 26 02:29 ET

If EPS Growth Is Important To You, Sailun Group (SHSE:601058) Presents An Opportunity

Simply Wall StNov 20 18:09 ET

Sailun Group (601058.SH): Ruiyuan Dingshi increased its shareholding by 6.82 million shares of the company.

Gelonghui November 18th | Sailun Group (601058.SH) announced that on November 18, 2024, the company received a 'Notice Letter' from Mr. Yuan Zhongxue, the actual controller, and the concerted action by Ruiyuandingshi Investment Co., Ltd. ('Ruiyuandingshi') on November 18, 2024, increased their shareholding by 6.82 million shares of the company through centralized bidding trading, resulting in Mr. Yuan Zhongxue’s controlled company shareholding ratio increasing from 21.97% to 22.17%.

Gelonghui FinanceNov 18 06:06 ET

Sinolink: The trend of rising in the east and falling in the west still exists, and domestic tire enterprises are beginning to differentiate.

The domestic semi-steel tire and an all-steel tire start have shown significant differentiation. The monthly start rate of semi-steel tires in China has been maintained at close to 80% since March, while the monthly start rate of all-steel tires has fluctuated below 60% between May and October.

Zhitong FinanceNov 13 01:58 ET