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SEC Electric Machinery's (SHSE:603988) Returns On Capital Tell Us There Is Reason To Feel Uneasy
SEC Electric Machinery (603988.SH): Motor products are not categorized for application in Siasun Robot&Automation.
Gelonghui reported on February 20 that SEC Electric Machinery (603988.SH) stated on the investor interaction platform that its motor products are not classified for use in Siasun Robot&Automation. The company's motor products mainly consist of large and medium-sized alternating and Direct Current motors and Generators, covering most Industries in the industrial sector, and are widely used in wind power, Water Conservancy, metallurgy, Energy, Coal, Ships, Cement building materials, petroleum, chemical engineering, and other fields.
SEC Electric Machinery Co., Ltd.'s (SHSE:603988) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
CLP Electric 2024 Annual Results Forecast
SEC Electric Machinery (603988.SH): The actual controller has changed to Guo Wenjun.
On December 29, Gelonghui reported that SEC Electric Machinery (603988.SH) announced that on July 25, 2024, the company's controlling shareholder Ningbo JunTuo Enterprise Management Co., Ltd. (hereinafter referred to as "Ningbo JunTuo") signed a "Share Transfer Agreement" with Peking Highland Resource Development Co., Ltd. (hereinafter referred to as "Highland Resources"). On the same day, the company's shareholders Wang Jianyu and Wang Jiankai signed a "Share Transfer Agreement," "Abandonment of Voting Rights Agreement," and "Stock Pledge Agreement" with Highland Resources. In addition, on the same day, Ningbo JunTuo signed a supplemental "Share Transfer Agreement" concerning SEC Electric Machinery Co., Ltd. with Wang Jianyu, Wang Jiankai, and Wang Panrong.
SEC Electric Machinery (SHSE:603988) Shareholders Notch a 24% CAGR Over 5 Years, yet Earnings Have Been Shrinking
Optimistic Investors Push SEC Electric Machinery Co., Ltd. (SHSE:603988) Shares Up 33% But Growth Is Lacking
