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Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Shandong Linglong Tyre (601966.SH) third quarter 2024 equity distribution: a distribution of 0.162 yuan per share, with the share registration on December 23.
Shandong Linglong Tyre (601966.SH) issued the announcement for third quarter profit distribution for 2024, this profit distribution is based on...
Shandong Linglong Tyre (601966.SH): plans to permanently supplement working capital with the remaining raised funds after project completion.
On December 13, Gelonghui reported that Shandong Linglong Tyre (601966.SH) announced the completion of its "Changchun annual production of 1.2 million full Steel radial tires and 3 million semi Steel radial tires production project." The payment period for the outstanding contract final payment and quality guarantee bond is relatively long. The company intends to conclude this project and use the remaining raised funds to permanently supplement its working capital, while also canceling the relevant special Account for the raised funds. The company plans to permanently supplement its working capital with a total of 214,643,062 yuan of remaining raised funds (including interest from bank deposits, the actual amount is subject to the balance of the special account on the day the funds are transferred).
Shandong Linglong Tyre (601966.SH): Currently, the company has relevant layouts for the low-altitude flying autos business.
On December 9th, Gelonghui reported that shandong linglong tyre (601966.SH) stated on the investor interaction platform that the company is accelerating the promotion of the big plane tyre project, and currently has relevant plans for low-altitude flying autos (not yet supplied).
Shandong Linglong Tyre Co.,Ltd.'s (SHSE:601966) Largest Shareholders Are Private Companies With 53% Ownership, Individual Investors Own 34%
Shandong Linglong Tyre (601966.SH): The company is in contact with BMW, Audi, and FAW over multiple models of electric vehicles.
Gelonghui December 3rd | Shandong Linglong Tyre (601966.SH) stated on the investor interaction platform: 1. Please pay attention to the company's subsequent announcements on the equity distribution implementation for the third quarter of 2024. 2. As of the end of October 2024, Serbia's overall production and sales rate is close to 90%. 3. Non-highway tires in Jilin have been sold to multiple countries in Asia and Europe. In the future, with the structural adjustment of products at the Changchun factory, gradual increase in non-highway tire production, and rapid ramp-up of semi-steel capacity, profitability will also gradually recover. 4. The company's management attaches great importance to market cap management and strictly follows regulatory requirements.
When Should You Buy Shandong Linglong Tyre Co.,Ltd. (SHSE:601966)?
