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The Returns At Shanghai CarthaneLtd (SHSE:603037) Aren't Growing
Shanghai Carthane (603037.SH): Plans to establish a branch in Nantong, Jiangsu.
On March 26, Gelonghui reported that Shanghai Carthane (603037.SH) announced the establishment of a branch in Nantong, Jiangsu, based on the company's business development and global strategy needs to strengthen the optimization of resource allocation. The Board of Directors authorized the company's management to handle all specific tasks related to the establishment of the branch, including but not limited to signing relevant documents and processing business registration. This matter does not need to be submitted to the shareholders' meeting for review.
Shanghai CarthaneLtd's (SHSE:603037) 30% CAGR Outpaced the Company's Earnings Growth Over the Same Three-year Period
Shanghai Carthane Co.,Ltd.'s (SHSE:603037) Shares Climb 32% But Its Business Is Yet to Catch Up
Shanghai Carthane (603037.SH): The production base in Mexico has started mass production and delivery.
On February 26, Glonghui reported that Shanghai Carthane (603037.SH) announced that its investment in a production base in Mexico has received approval from important customers and is now ready for production, beginning mass production and delivery. The Mexico production base is located in Guanajuato, with nearly 5,000 square meters of leased factory space, and has established a production line for buffer blocks, with an annual capacity of about 3 million buffer blocks. During 2024, the base will complete training for personnel in equipment, production, and quality, finish equipment installation and debugging, and achieve ERP informatization, preparing it for full-scale production. It has now received approval from important customers and has started mass production and delivery.
Shanghai Carthane to Set Up Subsidiary in Morocco
The Market Doesn't Like What It Sees From Shanghai Carthane Co.,Ltd.'s (SHSE:603037) Earnings Yet As Shares Tumble 30%
