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Some Investors May Be Worried About Ming Yang Smart Energy Group's (SHSE:601615) Returns On Capital
China's Ming Yang Smart Energy, Italy's Renexia to Establish 500 Million Euro Wind Turbine Plant
Morgan Stanley Downgrades Ming Yang Smart Energy Group to Underweight From Overweight; Price Target Is 7.94 Yuan
Ming Yang Smart Energy (601615.SH): plans to change the investment projects of some of the raised funds.
On August 5th, Gelonghui announced that Ming Yang Smart Energy (601615.SH) had planned to use raised funds of 1.4995141 billion yuan for the Shanwei Industrial Park project. As of July 31, 2024, the actual investment amounted to 608.4021 million yuan, leaving 891.112 million yuan of raised funds. The company plans to invest the remaining raised funds of 891.112 million yuan and the net interest of the project, which is 29.4312 million yuan (interest income minus handling fees) in the Shanwei Industrial Park project originally planned to be invested from the raised funds of the private placement project in 2020. Please refer to the bank balance of the day of transfer of raised funds for details.
Ming Yang Smart Energy Group's (SHSE:601615) Earnings Have Declined Over Three Years, Contributing to Shareholders 46% Loss
Ming Yang Smart Energy (601615.SH): building a green electricity, hydrogen, ammonia and alcohol industrial cluster.
On July 19th, Gelunhui reported that an investor asked Ming Yang Smart Energy (601615.SH) on the investor interaction platform, 'How many tons of green hydrogen and green ammonia can Ming Yang Smart Energy produce annually with its green electricity hydrogen ammonia alcohol strategy?', The company replied that it is building a green electricity hydrogen ammonia alcohol industry cluster, and the specific company business data can be found in the company's regular performance reports.
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