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Is The Market Rewarding Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd. (SHSE:603701) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Zhejiang Dehong Automotive Electronic & Electrical (603701.SH): Director and General Manager Shi Minxia has resigned.
Guangdong Exchange reported on December 25 that Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) announced that the Board of Directors recently received a written resignation letter from Ms. Shi Minxia, a director and general manager of the company. Due to reaching retirement age, Ms. Shi Minxia applied to resign from her positions as a director of the fifth Board of Directors, general manager of the company, and also stepped down from her roles as a member of the Strategic and Development Committee and the Nomination Committee of the fifth Board of Directors.
Zhejiang Dehong Automotive Electronic & Electrical (603701.SH): The company has not yet ventured into the field of autonomous driving technology.
On December 23, GeLongHui reported that Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) stated on the investor interaction platform that in order to accelerate and deepen the company's layout in the field of Automotive Electronics, utilize the collaborative resources of all parties involved in Trade, and effectively promote the company's Global Strategy development and transformation upgrade, the company has decided to increase its investment in Jiangxi Xingzhicheng Automotive Electronics Co., Ltd. Xingzhicheng is a comprehensive automotive electronics company that integrates product R&D, manufacturing, and sales services, with its main Business scope covering Asia Vets cockpit domain controllers and displays, intelligent in-vehicle information Entertainment systems, electronic liquid crystal instruments, motorcycle liquid crystal instruments, and CMS electronic rearview mirrors.
Zhejiang Dehong Automotive Electronic & Electrical (603701.SH): plans to transfer Assets to its wholly-owned subsidiary.
Gelonghui, December 18th丨Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) announced that in order to integrate internal resources, streamline Business and management structure, and promote the company's transformation, upgrading, and long-term development, the company intends to carry out an internal Business restructuring. This involves increasing capital in its wholly-owned subsidiary through the transfer of Assets, with the wholly-owned subsidiary taking over the company’s original Generator and other Businesses (hereinafter referred to as "this transfer and capital increase"). This transfer and capital increase will be based on the date of September 30, 2024, transferring relevant Assets and liabilities of the company’s Generator Business at book value to Dehong Limited, increasing Dehong Limited's registered capital by 190 million yuan, and transferring net Assets.
Zhejiang Dehong Automotive Electronic & Electrical Plans 90-Million-Yuan Investment in Energy Storage Project
Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) plans to invest in a 24MW/90MWh user-side energy storage project.
Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) announced that, in order to implement the company's Global Strategy and promote the development of the Energy Storage Business operation, ...