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Does Jiangsu General Science Technology (SHSE:601500) Have A Healthy Balance Sheet?
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.
Jiangsu General Science Technology (601500.SH): has cumulatively repurchased 0.17% of shares.
Gelonghui on November 1st announced that Jiangsu General Science Technology (601500.SH) disclosed that as of October 31, 2024, the company has accumulated repurchased 2,624,500 shares, accounting for 0.17% of the total share capital of the company. The highest purchase price was 6.08 yuan/share, the lowest price was 4.36 yuan/share, and the total amount paid was 15,609,024 yuan (excluding transaction fees such as trading commissions).
Sealand: High-end transformation is the key factor of the next wave of tire opportunities.
After experiencing the first differentiation achieved through overseas base layout, domestic tire companies are very likely to usher in the second differentiation marked by high-end transformation.
GM Shares: Report for the Third Quarter of 2024 by Jiangsu General Technology Co., Ltd.
Announcement of Jiangsu General Technology Co., Ltd. on the main operating data for the third quarter of 2024