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Jefferies Adjusts Zhejiang Supcon Technology's Price Target to 55.22 Yuan From 59.68 Yuan, Keeps at Buy
SUPCON Technology Co., Ltd. (SHSE:688777) Has Caught the Attention of Institutional Investors Who Hold a Sizeable 39% Stake
Zhejiang Supcon Technology Co., Ltd. (688777.SH) plans to lay out dozens of key projects in the second half of the year.
On August 6th, GeLongHui reported that Zhejiang Supcon Technology Co., Ltd. (stock code 688777.SH) stated on its investor interaction platform that the company has launched two disruptive new products in early June, the world's first universal control system UCS and the process industry's first AI timing big model TPT. Among them, the UCS system completely overturns the traditional DCS technology architecture and can significantly reduce customers' initial investment, bringing greater economic benefits. The company plans to lay out dozens of key projects in the second half of the year, and continuously validate stability, reliability, and security.
Zhejiang Supcon Technology Co., Ltd. (688777.SH): fully committed to deepening investment layout in the field of "AI+Robotics".
Zhejiang Supcon Technology Co., Ltd. (688777.SH) stated on the investor interaction platform on August 6 that humanoid robots, as an embodiment of artificial intelligence, high-end manufacturing, and new material technology, are benefiting from the significant breakthroughs in AI large model technology in recent years, and are ushering in unprecedented development opportunities. Globally, the humanoid robot market is accelerating its growth, showing enormous potential and broad prospects. Zhejiang Supcon Technology is fully committed to deepening its investment layout in the field of "AI + robots", has invested in Zhejiang Siasun Robot&Automation Co., Ltd., and actively incubating the humanoid robot industry, committed to technological innovation through AI.
Zhejiang Supcon Technology Co., Ltd. (688777.SH) is committed to achieving breakthroughs in artificial intelligence "brain" and application scenarios in the field of humanoid robots.
Zhejiang Supcon Technology Co., Ltd. (688777.SH) expressed on its interactive platform on August 5th that humanoid robots, as a crystallization of cutting-edge technologies such as artificial intelligence, can be widely applied in industrial, port, aerospace and other fields, with vast market prospects. Compared with traditional humanoid robots emphasizing the connection of parts and machines, Supcon technology focuses on achieving breakthroughs in artificial intelligence "brain" and application scenarios in the field of humanoid robots. In the era of industrial AI, robot technology should not only stay at the operational level, but also need to tap into its ability in planning and scheduling, truly releasing its value beyond the human brain. Secondly, the landing of scenes and industrialization.
Zhejiang Supcon Technology Co., Ltd. (688777.SH) has cumulatively repurchased 0.2431% of its shares at a cost of 69.95 million yuan.
Zhejiang Supcon Technology Co., Ltd. (688777.SH) announced on August 1st that as of July 31st, 2024, the company has repurchased 1,922,269 shares through the Shanghai Stock Exchange trading system via centralized bidding trading, accounting for 0.2431% of the company's total share capital of 790,591,256 shares. The highest repurchase price was RMB 37.38/share, the lowest price was RMB 34.92/share, and the transaction amount was RMB 69.95 million yuan (excluding stamp duty, transaction commission and other transaction fees).
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