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There's Been No Shortage Of Growth Recently For Ningbo Boway Alloy Material's (SHSE:601137) Returns On Capital
Ningbo Boway Alloy Material (601137.SH): The controlling shareholder has made the first Shareholding of 0.7692 million shares.
On January 16, Glonghui reported that Ningbo Boway Alloy Material (601137.SH) announced that on January 16, 2025, the company's controlling shareholder Boway Group increased its shareholding in the company by 769,200 shares through the centralized bidding trading system of the Shanghai Exchange (referred to as the "first increase"), which accounts for approximately 0.09% of the company's total share capital. The total transaction amount for this shareholding increase was 15,097,711.00 yuan.
Ningbo Boway Alloy Material (601137.SH): Proposes to use no more than 0.75 billion yuan of idle raised funds to temporarily supplement working capital.
Glonghui reported on January 9th that Ningbo Boway Alloy Material (601137.SH) announced that it plans to use part of the idle raised funds to temporarily supplement its working capital, with an amount not exceeding 750 million yuan, and the usage period shall not exceed 12 months from the date of approval by the Board of Directors.
Ningbo Boway Alloy Material (601137.SH): Currently, the 0.3mm silver-plated wire used in high-speed copper cables is not a target product of the company.
On January 7, Golonghui reported that Ningbo Boway Alloy Material (601137.SH) stated on the investor interaction platform that in the field of high-speed transmission, the company's high-speed connector materials and shielding materials for communication electronic devices represented by optical module shielding are key materials used in communication and computing Servers. The company's expertise lies in the industrial mass production of precision fine wire alloy with a diameter of 0.015mm, while the currently used 0.3mm silver-plated wire in high-speed copper cables is not the company's target product. For specific Company Business Data, please refer to the company's annual report.
Ningbo Boway Alloy Material (601137.SH): With Company H empowering the computing power service Industry, it will greatly drive the demand for materials.
On January 7, Gelonghui reported that Ningbo Boway Alloy Material (601137.SH) stated on the investor interactive platform that company H has always been one of our important partners, having deep cooperation in various fields including communication base stations, heat sinks for mobile phones and laptops, and mobile and communication connectors. For example, heat dissipation for communication base stations, mobile phones, and smart terminals, high-speed backplane connectors, electromagnetic shielding materials, new generation Semiconductors packaging materials, etc. With H company's empowerment of the computing power service Industry, there will be a significant increase in demand for materials.
Private Companies in Ningbo Boway Alloy Material Company Limited (SHSE:601137) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 7.6% Last Week
Ningbo Boway Alloy Material Company Limited's (SHSE:601137) Price Is Right But Growth Is Lacking After Shares Rocket 26%
