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Shanghai Sinotec (603121.SH): The Sensors division is leveraging the established customer relationships to clarify the sales strategy of the division.
Glory Holdings reported on December 11 that Shanghai Sinotec (603121.SH) stated on the investor interaction platform that the company's Sensors division, leveraging established customer relationships, has clarified its sales strategy: on one hand, to enter the Global Commercial Vehicle market from the domestic Commercial Vehicle sector; on the other hand, to penetrate the Global Passenger Vehicle market through existing partnerships with primary suppliers while actively breaking into the domestic independent brand Passenger Vehicle market.
Shanghai Sinotec Co., Ltd.'s (SHSE:603121) 27% Share Price Surge Not Quite Adding Up
Shanghai Sinotec (603121.SH): The external circulating shares have a relatively small float, which poses market speculation risks.
On December 5th, Gelonghui reported that Shanghai Sinotec (603121.SH) announced that as of the date of this announcement, the company's controlling shareholder, Shanghai Huajian Investment Management Co., Ltd. (hereinafter referred to as "Huajian Investment"), holds 139,540,400 shares of the company, accounting for 41.22% of the total share capital; Huajian Investment and its concerted parties, Wu Huai Lei and Wu Jia, hold a total of 175,556,744 shares of the company, accounting for 51.86% of the total share capital, with the remainder being external circulating shares, indicating a small circulating market and a risk of market speculation.
Shanghai Sinotec's (SHSE:603121) Earnings Have Declined Over Five Years, Contributing to Shareholders 41% Loss
shanghai sinotec (603121.SH): plans to invest 0.12 billion yuan to establish a fund, primarily focusing on frontier technology and intelligent manufacturing industries.
On November 19th, GeLongHui announced that Shanghai Sinotec (603121.SH) has signed a partnership agreement with Shanghai Yicun Private Equity Fund Management Co., Ltd. (hereinafter referred to as 'Yicun Private Equity') and other partners on November 18, 2024. The company plans to use its own funds to establish a fund, with the main investment direction being in cutting-edge technology and intelligent manufacturing industries. The total subscribed capital of the fund is RMB 176 million, to be contributed by all partners, and can be raised through multiple deliveries. The fund manager may subsequently target the fundraising of the partnership enterprise.
There May Be Underlying Issues With The Quality Of Shanghai Sinotec's (SHSE:603121) Earnings
Are Shanghai Sinotec Co., Ltd.'s (SHSE:603121) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
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