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Sineng Electric (300827): Benefiting from the explosion of the overseas energy storage photovoltaic market, the company is currently at a turning point of performance growth.
The core view is that the biggest highlight of the company is the energy storage converter (PCS), which is also one of the symbols in the A-share energy storage Industry Chain with the highest flexibility in overseas markets and is relatively rare. In the future, the Global energy storage market is expected to have a compound annual growth rate of over 30% for the next five years, indicating a surge in Global energy storage.
A-share fluctuations丨Shareholders intend to reduce their shareholding, Sineng Electric dropped by 10% at one point, hitting a new low in nearly 2 months.
On December 25, Global Link reported that Sineng Electric (300827.SZ) saw a temporary drop of 10% during trading, currently at 44.2 yuan with the decline narrowing to 6.2%, reaching a new low in nearly two months, with the total market value falling below 16 billion yuan. The company announced a shareholding reduction last night, where Shareholders Li Jianfei, Yang Chunming, Duan Yuhe, and Chen Yunping intend to reduce their holdings by no more than 8.1836 million shares, accounting for no more than 2.29% of the company's total share capital. It is reported that the company has cumulatively announced shareholding reduction plans twice in the past three years. It should be noted that the number of shares intended for reduction disclosed in the announcement does not represent the final actual number of shares reduced. (Global Link)
Express News | Summary of Shareholding changes on December 24.
Express News | Sineng Electric: Some Directors and senior management plan to reduce their shareholding in the company.
Express News | Sineng Electric: Shareholder Duan Yuhe plans to reduce his shareholding by 1.78%.
CICC Starts Sineng Electric at Outperform With 60 Yuan Price Target