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Why Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) Could Be Worth Watching
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Shanghai Putailai New Energy Technology (603659.SH) spent a total of 0.18 billion yuan to buy back 0.62% of the shares.
On July 15th, Gelonhui reported that Shanghai Putailai New Energy Technology (603659.SH) has announced that, as of July 15, 2024, the company has accumulated repurchased 13,175,100 shares through centralized bidding trading, accounting for 0.62% of the total share capital, an increase of 0.56% compared with the previous disclosure. The highest purchase price was 14.23 yuan/share, the lowest purchase price was 13.10 yuan/share, and the total amount paid was 1.8 billion yuan (excluding transaction costs). This share repurchase meets the relevant laws and regulations and the company's share repurchase plan requirements. In view of this being the first centralized bidding share repurchase of the company.
Shanghai Putailai New Energy Technology (603659.SH): Biomass hard carbon products have been recognized by multiple customers.
Putailai (603659.SH) stated on the investor interaction platform on July 12 that the company is actively carrying out R&D and mass production of hard carbon anode materials supporting sodium-ion batteries. The company's biomass hard carbon product has been recognized by many customers, with significant advantages in initial indicators and cost under the premise of meeting the energy density requirements. The corresponding hard carbon anode pilot production line has also been established in the company's Jiangxi Yichun production base. In the future, the production capacity of hard carbon anode will be expanded according to the needs of industry development, and a competitive hard carbon anode production capacity will be established.
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Shanghai Putailai New Energy Technology (603659.SH): repurchased a total of 1.266 million shares.
On July 1st, Gelunhui announced that as of June 30th, 2024, the company has repurchased a total of 1,266,000 shares through centralized bidding trading, accounting for 0.06% of the company's current total share capital of 2,137,973,428 shares. The highest and lowest repurchase prices were 14.23 yuan/share and 14.03 yuan/share, respectively, and the total amount repurchased was 17.8826 million yuan (excluding transaction fees).
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