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Shenzhen VMAX New Energy Co., Ltd.'s (SHSE:688612) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Valeo (688612.SH): won the 2024 global powertrain supplier nomination award.
On September 25th, Gelonghui announced that recently, Weimes (688612.SH) revealed that Stellantis Group (referred to as "Stellantis") held the 2024 global supplier awards ceremony in Turin, Italy. Following the receipt of the "China Region Annual Supplier Award" in 2023, the company won the 2024 "Global Supplier Quality Award" and also received the 2024 "Global Powertrain Supplier Nomination Award."
Wemake (688612.SH): Intends to acquire 38.5% equity of subsidiary Weidesi.
On September 24th, Geelong announced that in order to accelerate the overall layout of the company in the field of new energy autos, drive further improvement of the product system and capacity building, and enhance the company's competitiveness and sustainable development capabilities, the company plans to use its own funds to acquire 38.50% equity of Weidiss held by Shanghai Chuannan through Wuhu Weimais, with a total of 144.375 million yuan. After this transaction is completed, the company will indirectly hold 100% equity of Weidiss, and the implementation of this transaction will not lead to changes in the company's consolidated financial statements.
Wemes (688612.SH): plans to repurchase shares of 50 million yuan to 0.1 billion yuan.
Geelonghui September 24th | Weiming Co., Ltd. (688612.SH) announced that it plans to repurchase shares in an amount not less than 50 million yuan, not exceeding 0.1 billion yuan. The repurchase price shall not exceed 35 yuan per share. The repurchased shares will be used for employee stock ownership plans or stock-based incentives, as well as for reducing registered capital. Among them, the repurchase amount intended for employee stock ownership plans or stock-based incentives is not less than 10 million yuan, not exceeding 20 million yuan, while the repurchase amount intended for cancelling the reduction of registered capital is not less than 40 million yuan, not exceeding 80 million yuan.
Wemake (688612.SH) plans to acquire 38.50% equity of its subsidiary Weidis.
Weimai (688612.SH) announced that its wholly-owned subsidiary, Wuhu Weimai New Energy Co., Ltd. (referred to as new energy fund...
Shenzhen VMAX New Energy's (SHSE:688612) Earnings Are Weaker Than They Seem
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