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Sany Renewable Energy Co.,Ltd.'s (SHSE:688349) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
SANY Heavy Energy (688349.SH): plans to establish two project companies in Uzbekistan to carry out Overseas projects.
Gelonghui, April 3丨SANY Renewable Energy (688349.SH) announced that, based on its Global Strategy and Business development, it is actively expanding into the overseas wind power market. Initially, it has obtained exclusive development rights for the Kungur Wind Farm Project 1 and Project 2 in the Republic of Uzbekistan, and has signed a Power Purchase Agreement with JSC 'UZENERGOSOTISH' (referred to as 'Purchaser'). Under this Power Purchase Agreement, the company gains the right to sell the electricity generated by the relevant wind farm projects to the Purchaser for a period of 25 years, starting from the commercial operation of the wind farm.
Express News | Sany Renewable Energy Says Plans to Invest up to $1 Bln to Build Two Wind Farms in Uzbekistan
Brokerage morning meeting highlights: It is recommended to pay attention to companies in the humanoid robot industry that have the capability for low stock price bulk supply of components.
In today's Brokerage morning meeting, China Securities Co.,Ltd. suggested focusing on companies in the humanoid robot Industry that have the capacity for low stock price mass supply of components; Tianfeng stated that the wind turbine Sector will undergo a value reassessment; Galaxy Securities believes that the peak season de-stocking turning point in the non-ferrous Industry is emerging, and the spring market is expected to unfold.
Tianfeng: The wind turbine Sector is set to undergo a value reassessment.
Tianfeng states that in the context of demand for wind power exceeding expectations, the current logic of the wind turbine industry has undergone significant changes, and the wind turbine sector will face a revaluation of its value.
Sany Renewable Energy (688349.SH): plans to promote an employee stock ownership plan in 2025.
On March 12, Glonghui announced that SANY Heavy Energy (688349.SH) published its employee stock ownership plan for 2025, with a total set up scale not exceeding RMB 91,442,452.12. The funding for this employee stock ownership plan comes from the bonus Fund accrued according to the company's "Key Positions Salary Management Measures" and "R&D Personnel Salary Management Measures", all of which are part of employee compensation. The stocks for this employee stock ownership plan come from the shares repurchased by the company through its dedicated repurchase Account, totaling no more than 3,057,253 shares, which does not exceed 1% of the company's current total capital.