Valuation exceeds 10 billion! Qingshan's unicorn restarts IPO guidance, founded by the former sales director of Energy.

① Maitian Energy completed its initial listing advisory record filing in July 2023, intending to go for an IPO on the Shanghai Stock Exchange Main Board, but the advisory record was withdrawn last month. ② Maitian Energy was established in 2019 and immediately received strategic investment from Qingshan Holding Group. ③ In May 2023, Maitian Energy announced the completion of over 1 billion yuan in Pre-IPO round financing, with a post-investment valuation exceeding 10 billion yuan.

cls.cnDec 11 08:35 ET

Shichuang Energy: Actively promoting mass production of stacked grid technology, cooperation with Tongwei Co., Ltd is ongoing | Direct report on the Earnings Conference.

① The company chairman stated that the stacked cell components can effectively solve the shading problem on the surface of the Battery, thereby improving efficiency, and can also significantly reduce Silver consumption and lower costs, representing another major innovation for the company in cost reduction and efficiency enhancement; ② The company has applied for a patent regarding the use of edge materials, and the application of half-cell technology is more effective for Batteries with higher efficiency.

cls.cnDec 11 06:26 ET

Frequent disclosure of project progress and bidding information. After annual sales exceed 4 million vehicles, BYD enters a new round of expansion cycle.

On December 6, the Changzhou Natural Resources and Planning Bureau announced the pre-approval for the construction project of the second phase of the Changzhou BYD Autos production facility. On December 4, the relevant departments in Jinan also announced the pre-approval for the second phase of the Jinan BYD New energy Fund Passenger Vehicle and parts industrial park construction project. The Shen-Shan production base completed the signing of the fourth phase project in November, which is used to expand the production of Cells and other core components of New energy Fund vehicles.

cls.cnDec 11 06:11 ET

Top 10 electric vehicle sales in November: BYD's monthly sales again exceed 0.5 million vehicles, while Chongqing Sokon Industry Group Stock unfortunately drops off the list.

① In November, 9 auto companies saw year-on-year retail sales growth, and 8 auto companies experienced month-on-month growth; ② BYD has already met its annual target, while Chongqing Sokon Industry Group Stock has dropped out of the TOP 10 list.

cls.cnDec 11 03:02 ET

Accelerate the layout of overseas localized production, Haiyou New Materials plans to establish a subsidiary in the USA to produce photovoltaic packaging adhesive films.

① Haiyou New Materials is accelerating its Global Strategy in the overseas market, actively expanding into the USA, Turkey, India, and other overseas markets; the company's overseas revenue accounted for 2.28% in the 2024 mid-term report. ② Haiyou New Materials stated that the competitive landscape in the photovoltaic film segmentation market has recently become more severe, with prices of the film raw materials EVA and POE Resin declining, but the effects of adjustments on the supply side of the film are also becoming more evident.

cls.cnDec 10 07:39 ET

ZhongAn Insurance has been authorized to use the uniform terms of the compulsory insurance in Shanghai and Zhejiang, becoming the second company after BYD Property Insurance this year.

On December 10, the official website of the National Financial Regulatory Administration disclosed that ZA ONLINE Property Insurance Co., Ltd. is authorized to use the nationally unified compulsory insurance terms, basic insurance premium rates, and corresponding adjusted premium coefficients in the Shanghai and Zhejiang regions. This follows the approval granted to BYD Property Insurance in multiple locations back in May of this year.

cls.cnDec 10 06:30 ET