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Insiders Were the Biggest Winners as Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Market Cap Grew by CN¥496m Last Week
Returns On Capital Signal Tricky Times Ahead For Xiangyang Changyuandonggu Industry (SHSE:603950)
Xiangyang Changyuandonggu industry (603950.SH): In the third quarter of 2024, the total sales of cylinder blocks and cylinder heads for the BYD project reached 0.2897 million pieces.
Changyuandonggu (603950.SH) stated at the performance briefing on November 12th that the growth of the company's third-quarter revenue was mainly attributed to the steady increase in sales volume of new energy hybrid cylinder blocks and cylinder heads. Specifically: In the third quarter of 2024, the company sold a total of 0.2897 million units of cylinder blocks and cylinder heads for the BYD project, and a total of 0.054 million units for the Chongqing Sokon Industry Group Stock project. In the future, the company will continue to actively collaborate with customers, deepen cooperation, increase the market share of the company's products, and continuously enhance the company's competitiveness.
Xiangyang Changyuandonggu Industry Co., Ltd.'s (SHSE:603950) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Changyuan Donggu: Report of Xiangyang Changyuan Donggu Industrial Co., Ltd. for the third quarter of 2024
Report for the third quarter of 2024 of Xiangyang Changyuan Donggu Industrial Co., Ltd.