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Are Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Zhuzhou CRRC Times Electric Announces Upcoming Board Meeting
Investors in CRRC (SHSE:601766) Have Seen Decent Returns of 46% Over the Past Year
HAITONG SEC: The prosperity of rail transit equipment remains stable, and going overseas is expected to become a new growth pole.
The demand for the procurement tender of trainsets and advanced repairs in 2024 remains strong, combined with the implementation and advancement of equipment renewal policies and the retirement and updating policies for old diesel locomotives, as well as the acceleration of overseas expansion; rail transit equipment is expected to benefit.
CRRC Corporation Limited's (SHSE:601766) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
CRRC Corporation (601766.SH): The company has no intention of acquiring Dandong Huanghai Autos.
Gelonghui reported on January 7 that CRRC Corporation (601766.SH) stated on the interactive platform that in April 2024, its subsidiary will wholly establish Dandong CRRC Times New Energy Equipment Co., Ltd. in Dandong City, primarily engaged in the manufacturing and sales of wind power Generators and components. The company has no intention to acquire Dandong Huanghai Autos.
