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Pylon Technologies (688063.SH): Plans to use some temporarily idle raised funds and own funds for cash management.
On January 3, Gelonghui reported that Pylon Technologies (688063.SH) announced that the company and its subsidiaries plan to use no more than 2.9 billion yuan (including principal, with no more than 0.23 billion yuan from the temporarily idle funds raised from the initial public offering of stocks; no more than 2.67 billion yuan from the temporarily idle funds raised from issuing stocks to specific entities in 2022) in temporarily idle raised funds and no more than 2.1 billion yuan (including principal) in temporarily idle self-owned funds for cash management. Within the above limit, the funds can be used in a revolving manner.
Private Companies Among Pylon Technologies Co., Ltd.'s (SHSE:688063) Largest Stockholders and Were Hit After Last Week's 3.6% Price Drop
Pylon Technologies (688063.SH): For the overseas industrial and commercial energy storage market, the company's industrial and commercial energy storage system products have passed relevant certifications and achieved scale sales.
On December 17, Glonghui reported that Pylon Technologies (688063.SH) stated on the investor interaction platform that for the domestic industrial and commercial energy storage market, the company has developed a product series of all-in-one energy storage cabinets ranging from 60KWh to 400KWh, which have been sold on a large scale in Shanghai, Zhejiang, Guangdong, Jiangsu, Anhui, and other places. For the overseas industrial and commercial energy storage market, the company’s energy storage system products have passed relevant certifications and have achieved large-scale sales. For the home energy storage market, the company is consolidating its advantages in existing markets while actively expanding into Other regions and Other niche markets, tailoring solutions based on the characteristics of users in different countries and regions.
Recently, 13 companies secured over 56.5 GWh of energy storage orders, with the global battery shipment volume doubling in growth, and energy storage companies are expected to benefit from the development of the large storage market in Europe.
① The year-on-year growth rate of global energy storage battery shipments accelerated from 25% in the first half of 2024 to 68% in the third quarter of 2024; ② HSBC Qianhai Securities has raised its forecasts for global energy storage system installations in 2025 and 2026 from 266GWh and 360GWh to 270GWh and 363GWh, respectively, to reflect that the short-term shipment volume of energy storage batteries is stronger than expected and the demand outlook in the china and Middle East markets has improved.
China International Capital Corporation: The global energy storage turning point is accelerating, bullish on the flourishing of Chinese enterprises going abroad.
The global energy storage turning point is accelerating, the usa may迎接 a rush for installations, and the energy transition in Europe and Australia is speeding up.
Pylontech Chairman Released From Detention
Benign Growth For Pylon Technologies Co., Ltd. (SHSE:688063) Underpins Stock's 30% Plummet
