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Shenzhen Sine Electric Co.,Ltd.'s (SHSE:688395) 37% Price Boost Is Out Of Tune With Earnings
Sinexcel Electric (688395.SH): Intends to change the 'production base technical transformation and expansion project'.
格隆汇September 30丨Sinexcel Electric (688395.SH) announced that the company plans to use the unused raised funds of 104.6237 million yuan for the "Production Base Technological Transformation and Expansion Project" to acquire 100% equity of Tenghe Precision Electric Machine (Suzhou) Co., Ltd. (referred to as "Tenghe Electric Machine" or "target company") collectively held by Yao Cheng, Yao Peide, and Jiang Jianming, and to upgrade and transform the production of Tenghe Electric Machine. The total transaction price for the 100% equity of Tenghe Electric Machine is 42.56 million yuan, for the "Tenghe Electric Machine Production Upgrade and Transformation Project".
Sinewave Electric (688395.SH): The company currently has no plans to build factories overseas.
Zhengxian Electric (688395.SH) recently stated during a reception for institutional investors that the company currently has no plans to build factories overseas. In the future, the possibility of building factories overseas will be comprehensively assessed based on factors such as the scale of overseas business, commercial policies, and financial strength.
Sinus Electric (688395.SH): Currently, the overseas market is mainly distributed in Southeast Asia and other regions.
During the first half of 2024, Sinewave Electric (688395.SH) stated during a recent institutional investor research visit that some customers in the overseas market have begun to ship batch or small batch orders. At the same time, new breakthroughs have been made in some key markets with channel partners, further improving channel layout. Sales revenue has significantly increased compared to the same period last year, but the overall sales volume is relatively small. Currently, the overseas market is mainly distributed in Southeast Asia, India, the Middle East, Africa, and the Commonwealth of Independent States.
We Think That There Are More Issues For Shenzhen Sine ElectricLtd (SHSE:688395) Than Just Sluggish Earnings
Half-year report for the year 2024.
Shenzhen Sine Electric Co.,Ltd. (SHSE:688395) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyNo Data
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