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CIG ShangHai Co., Ltd.'s (SHSE:603083) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Cig Shanghai (603083.SH): The vast majority of products exported to the USA are produced in factories in Malaysia.
Glonghui reported on February 28 that Cig Shanghai (603083.SH) stated on the investor interaction platform that there is no significant impact. The USA government will impose a 10% tariff on all products originating from China starting February 4, 2025. Currently, the majority of the products exported to the USA are produced in factories in Malaysia, so they will not be affected at all; the products produced by domestic factories for export to the USA account for a small proportion, and most of the shipping and tariffs are borne by the customers. Therefore, overall, the measure of increasing tariffs does not have an obvious direct impact on the company. The company will continue to expand the production capacity of overseas factories to meet customer demand. Over the years
Cig Shanghai (603083.SH): Kangyi Bridge has completely divested 0.4325% of the company's shares.
On February 24, 2025, Cig Shanghai (603083.SH) announced that the company received a notification letter regarding the results of the Shareholding reduction plan issued by Kang Yiqiao. As of February 21, 2025, Kang Yiqiao had reduced the company's shares by 737,307 shares through centralized bidding, accounting for 0.2751% of the total shares; 422,000 shares were reduced through block trading, accounting for 0.1574% of the total shares; the total reduction amounted to 1,159,307 shares, accounting for 0.4325% of the total shares.
CIG ShangHai (SHSE:603083) Delivers Shareholders Splendid 49% CAGR Over 3 Years, Surging 8.0% in the Last Week Alone
Cambridge Technology: 2024 Annual Results Advance Announcement
2024 Annual Results Advance Notice
