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Nanjing Kangni Mechanical & Electrical (603111.SH): Currently not conducting research on drones.
Nanjing Kangni Mechanical & Electrical (603111.SH) stated on its investor platform on August 6th that the company is currently not conducting research on drone technology. The company's door system products are mainly used in rail transit vehicles, platform safety doors, new energy buses, airport shuttle buses, sightseeing buses, etc. Regarding the low-altitude economy you mentioned, the company will pay full attention to relevant national policies, rely on the core technology capabilities of the company's rail transit door system, and carefully study and actively explore development opportunities in new business areas.
Nanjing Kangni Mechanical&Electrical(603111.SH): The electric sliding door products for autos have been mass applied in various application scenarios such as self-driving cars, buses, and airport shuttle buses.
Nanjing Kangni Mechanical & Electrical (603111.SH) stated on the investor interactive platform on August 6 that the company's electric servo products for autos have been mass applied in various scenarios such as self-driving cars, buses, and airport shuttles. Currently, in the self-driving car scenario, the company mainly cooperates with mainstream bus manufacturers such as Yutong and King Long in the industry.
Nanjing Kangni Mechanical&Electrical (603111.SH): As of now, the situation of orders in hand has shown stable growth compared to previous years.
On August 6th, Gelonhui reported that Nanjing Kangni Mechanical & Electrical (603111.SH) stated on the investor interaction platform that all business of the company is steadily progressing. As of now, the company has a stable growth in its orders on hand compared to previous years. For more information, please refer to the company's 2024 semi-annual report to be disclosed later.
How to view the revival cycle and structural opportunities of rail transit?
With the rapid increase in demand for railroad passenger transportation and the obvious improvement in profitability of China Railway Group, the investment in railroads is expected to increase.
Has Nanjing Kangni Mechanical & Electrical Co.,Ltd's (SHSE:603111) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Nanjing Kangni Mechanical & Electrical (603111.SH) has spent a total of 100 million yuan to buy back 2.03% of its shares.
On July 2nd, Gelonhui reported that Nanjing Kangni Mechanical & Electrical (603111.SH) has announced that as of June 30, 2024, the company has cumulatively repurchased 18,619,950 shares through centralized competitive trading, accounting for 2.03% of the total share capital of the company. The highest repurchase price was 5.97 yuan/share, and the lowest price was 4.65 yuan/share. The total amount paid was 100,290,062.02 yuan (excluding transaction fees).
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