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Citic Securities Downgrades Beijing Relpow Technology to Add From Buy; Price Target Is 13 Yuan
12:01 AM EDT, 06/24/2024 (MT Newswires) -- Citic Securities Downgrades Beijing Relpow Technology to Add From Buy; Price Target is 13 Yuan Price (RMB): ¥10.49, Change: ¥-0.04, Percent Change: -0.38%
Express News | Beijing Relpow Technology: Currently focusing on the technical specification research of commercial low-orbit satellite power.
Beijing Relpow Technology (300593.SZ): Shenzhen Relpow completed the localization task of mainstream server power supplies within 13 million watts in 2023.
On June 12th, Gelonhui reported that Beijing Relpow Technology (300593.SZ) stated on their investor interaction platform that its subsidiary, Shenzhen Relpow has been cultivating the communication field for many years, with profound technology and research and development capabilities. In recent years, the high-power power supplies developed by the company have successively entered the communication and data center fields. In 2023, Shenzhen Relpow completed the domestication of mainstream server power supplies below 1300W and achieved bulk shipments of server power supplies below 1600W. The company plans to focus on developing power supplies for liquid-cooled servers and high-power AI servers in the future in the data center sector.
Beijing Relpow Technology (300593.SZ): The company's products are widely used in various fields such as communication, datacenter, aviation, aerospace, railroads, and ships.
Beijing Relpow Technology (300593.SZ) stated on its investor interaction platform that its products are widely used in various fields such as communication, datacenter, aviation, aerospace, railroads, and ships, and are the foundation of electronic and electromechanical equipment. Especially in high-reliability and high-tech fields, they play an irreplaceable and important role. Since its establishment, the company has been committed to the research and development, production, and sales of high-efficiency, high-reliability, and high-power density power electronic products, forming the main business areas of high-reliability special applications such as aviation, aerospace, ships, railroads, as well as communication and datacenter businesses.
Beijing Relpow Technology (300593.SZ): The company's products have not yet been applied to the low-altitude economy.
Beijing Relpow Technology (300593.SZ) stated on the investor interaction platform that the company's products are not yet applied in the low-altitude economy. In the field of commercial low-orbit satellites, the company is currently focusing on the technical specifications research of commercial low-orbit satellite power supply, establishing research and development, process, production, and component selection specifications, ensuring that the company's commercial low-orbit satellite power products can achieve low cost and high reliability while meeting the testing specifications of aerospace products. The proportion of the company's revenue from a small amount of module power products indirectly supporting C919 is currently relatively low.
New Lightning (300593.SZ) plans to pay 1 yuan for 10 shares to be exempted from interest on May 28
New Lightning (300593.SZ) announced that the company's 2023 equity distribution plans: cash dividends for every 10 shares...
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