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The Market Doesn't Like What It Sees From Shenzhen Neoway Technology Co.,Ltd.'s (SHSE:688159) Revenues Yet As Shares Tumble 25%
Neoway Technology Ties Up With Hangjin Technology in Expanding Businesses; Neoway Shares Up 3%
Shenzhen Neoway Technology (688159.SH): Subsidiary plans to jointly promote the landing of business cooperation such as smart computing center and data storage with Hangjin Technology.
On July 25th, Gelonhui reported that Shenzhen Neoway Technology (688159.SH) announced that its holding subsidiary, Neoway Data, recently signed a strategic cooperation agreement with Hangjin Technology. The two sides aim to use their respective advantages and promote the cooperation of smart computing centers, data storage, data backup, integrated computing, and other businesses to promote the rapid development of the smart computing industry. In terms of the expansion of the intelligent computing center business, Party A has gradually accumulated technology and experience in market development, construction, operation, and maintenance of intelligent computing power cluster leasing and services, while Party B has gradually accumulated in high-performance storage servers, storage software, and other cloud infrastructure.
Shenzhen Neoway TechnologyLtd (SHSE:688159) Will Want To Turn Around Its Return Trends
Shenzhen Neoway Technology (688159.SH): completed testing of V2X products with partners and piloted applications in Nanning, Shenzhen and other places.
Neoway Technology (688159.SH) stated on the interactive platform on July 17 that Luobo KuaiPao is a part of vehicle networking collaboration, and its self-driving cars have different models of different brands. The company is unaware of downstream usage of the product in its projects. However, the company has been continuously expanding its collaboration products in vehicle networking, which is also one of the company's major application areas. Since 2021, the company has launched multiple vehicle networking collaboration modules, RSUs, and OBU devices. The company's modules have been used in well-known brand autos such as Chery, BYD, Tengshi, Dongfeng Commercial, and JAC in front-loading and charging devices.
Shenzhen Neoway Technology: Voluntary disclosure announcement of the 2024 semi-annual performance forecast.
Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) Held Back By Insufficient Growth Even After Shares Climb 30%No Data
