Bethel Automotive Safety Systems (603596.SH): Received special financing support for repurchasing company shares.

Gelonghui, December 9 – Bethel Automotive Safety Systems (603596.SH) announced that it has recently received a 'Loan Commitment Letter' issued by the Anhui Branch of the Industrial and Commercial Bank of China. The main contents are as follows: 1. The committed loan amount is: not exceeding RMB 31,000,000 (in words: thirty-one million yuan); 2. The valid approving institution for this loan is: Industrial and Commercial Bank of China Anhui Branch; 3. Loan term: not exceeding 36 months; 4. Loan purpose: limited to repurchasing company stocks (stock name: Bethel Automotive Safety Systems, stock code: 603596).

Gelonghui FinanceDec 9 06:29 ET

Does Bethel Automotive Safety Systems (SHSE:603596) Have A Healthy Balance Sheet?

Simply Wall StDec 6 00:17 ET

Bethel Automotive Safety Systems (603596.SH) has spent 54.0831 million yuan to repurchase 1.2486 million shares.

Bethel Automotive Safety Systems (603596.SH) announced that, as of November 30, 2024, the company has passed the Shanghai Securities...

Zhitong FinanceDec 3 03:28 ET

Research reports | Guosheng Securities: Bethel automotive safety systems fully benefit from the industry's domestic substitution dividend, first initiated a "buy" rating.

Guosheng Securities' research report indicates that Bethel Automotive Safety Systems (603596.SH), as a leading domestic braking enterprise, fully enjoys the domestic substitution bonus in the industry. The company's strategic layout is forward-looking, constructing a product matrix of "braking + steering + suspension," forming a rarity as an integrated chassis supplier. The company continues to promote global capacity layout, assisting the development of lightweight business. It is expected that the company's net income attributed to the parent will be 1.16/1.53/1.92 billion yuan from 2024 to 2026, with year-on-year growth of +31%/+31%/+26%. Considering the company's obvious competitive advantages and positioning in high-growth sectors, initial coverage is provided with a "buy" rating.

Gelonghui FinanceDec 3 03:00 ET

Bethel Automotive Safety Systems Invests 2 Million Yuan in Automotive Suspension Technology Subsidiary

MT NewswiresNov 26 03:15 ET

Tianfeng Securities: Commercialization of FSD+Robotaxi may accelerate, recommend focusing on self-driving cars related symbol.

Intellifence Finance APP learned that Tianfeng Securities released a research report stating that according to Tesla official sources, the FSD V13 version is about to be released, with performance expected to increase by 6 times. At the same time, v12.5.2 will continue to be optimized and upgraded using HW3.0. FSD will also launch Cybertruck. By combining low-cost models with advanced intelligent driving functions, Tesla is poised to capture a certain market share in China. Tesla's pure vision solution with its dual technological and price advantages may further enhance domestic market share. Robotaxi, as one of the commercialized scenarios of autonomous driving, has the potential to empower the entire industry chain with breakthroughs in technology and policy support, leading to overall development. It is recommended to pay attention to smart supply chains, Tesla's supply chain, and related vehicle targets.

Zhitong FinanceNov 25 00:37 ET