Express News | Shanghai Putailai New Energy Says It Plans to Buy Back 150-300 Mln Yuan of Company Shares Within Three Months

ReutersJun 25 10:03 ET

Shanghai Putailai New Energy Technology (603659.SH) plans to spend 150 million to 300 million yuan repurchasing company shares.

Shanghai Putailai New Energy Technology (603659.SH) announced that the company intends to repurchase shares through centralized bidding trading. The repurchase this time...

Zhitong FinanceJun 25 09:47 ET

Shanghai Putailai New Energy Technology (603659.SH): The factory base of Jiangsu Zhuoli Composite Copper Foil project has been basically completed.

On June 20th, Golonghui reported that Shanghai Putailai New Energy Technology (603659.SH) said on the interactive platform that due to the slowdown in industry growth in 2023 and short-term market oversupply, the price of anode material and graphite in the company's investment-funded project "Annual Production of 50,000 Tons of Lithium Ion Battery Anode Material Graphitization Project" fell, resulting in losses in 2023. Please pay attention to the special report on the use of fundraising for the first half of 2024 for more information on the relevant situation of this investment-funded project in the first half of 2024. The company's copper foil products include traditional copper foil, ultra-thin copper foil, and composite copper foil. Traditional copper foil and ultra-thin copper foil products cover 3μm.

Gelonghui FinanceJun 20 04:44 ET

Will Weakness in Shanghai Putailai New Energy Technology Co.,Ltd.'s (SHSE:603659) Stock Prove Temporary Given Strong Fundamentals?

Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) has had a rough three months with its share price down 21%. But if you pay close attention, you might gather that its strong financials could

Simply Wall StJun 19 23:07 ET

Is Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' So it might be obvious

Simply Wall StJun 4 22:54 ET

Shanghai Putailai New Energy Technology (603659.SH) 2023 annual equity distribution: 1.40 yuan per 10 shares, registered on June 12th.

Shanghai Putailai New Energy Technology (603659.SH) has released the 2023 annual equity distribution implementation announcement, implementing equity distribution rights...

Zhitong FinanceJun 4 05:43 ET