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Investors More Bullish on Ningbo Solartron TechnologyLtd (SHSE:688299) This Week as Stock Soars 16%, Despite Earnings Trending Downwards Over Past Year
Ningbo Changyang Technology Co., Ltd. 2024 Annual Results Forecast
Ningbo Solartron Technology (688299.SH) issued a pre-announcement, estimating the net income for 2024 to be approximately 20.0485 million yuan to 23.9405 million yuan, which represents a year-on-year decrease of 74.91% to 78.99%.
Ningbo Solartron Technology (688299.SH) announced that the company expects to achieve annual net profit attributable to the parent company in 2024...
Ningbo Solartron Technology (688299.SH): The CPI film project is currently undergoing customer verification.
On December 25, Gelonghui reported that Ningbo Solartron Technology (688299.SH) stated on the investor interaction platform that the CPI film project is currently undergoing customer validation. The solid-state electrolyte composite membrane project has obtained small batch orders from leading customers in the Industry as well as corporate orders from mid-tier customers. However, due to the market demand not yet growing significantly, the income amount is relatively small, and it will not have a significant impact on the company's Operation performance in the short term. Investors are advised to be aware of investment risks.
Returns On Capital Signal Tricky Times Ahead For Ningbo Solartron TechnologyLtd (SHSE:688299)
Ningbo Solartron Technology (688299.SH): plans to permanently supplement working capital with the surplus of 40.7607 million yuan raised after the completion of the "R&D Center Project."
On December 19, Gelonghui reported that Ningbo Solartron Technology (688299.SH) announced that, as the fundraising project has been basically completed, in light of actual Operation conditions and to improve the efficiency of fund usage and the company's operating benefits, and in accordance with regulatory requirements for the management and use of raised funds, the company intends to permanently supplement its working capital with the surplus raised funds of 40.7607 million yuan (the actual amount is subject to the balance of the designated account on the day of the fund transfer) after the "Research and Development Center Project" is completed.
