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Zhongrong Electric (301031): Significant growth in 2024 performance, with continuous development of overseas customers.
In 2024, the net income is expected to see a significant year-on-year increase, and Q4 2024 will maintain a relatively fast quarter-on-quarter growth. The company has released its performance forecast for 2024, expecting to achieve a net income attributable to shareholders of 0.176-0.199 billion yuan, a year-on-year growth of 50.5%-60%.
Express News | Zhongrong Electric: 261,600 shares of the company's stock have been repurchased, accounting for 0.3947% of the total shares.
Zhongrong Electric (301031.SZ): Has production applications for power protection components used in AI Servers.
Gelonghui, February 7th丨Zhongrong Electric (301031.SZ) stated on the investor interaction platform that the company manufactures components for power protection used in AI Servers.
Zhongrong Electric (301031.SZ): A total of 20.1352 million yuan has been spent to repurchase 0.2616 million shares.
On February 5, Gelonghui announced that Zhongrong Electric (301031.SZ) stated that in January 2025, the company did not repurchase any shares. As of January 31, 2025, the company repurchased a total of 0.2616 million shares through its dedicated securities account for share buybacks via centralized bidding, accounting for 0.3947% of the company's total share capital, with a highest Fill Price of 79.55 yuan per share, a lowest Fill Price of 74.34 yuan per share, and a total transaction amount of 20.1352 million yuan (excluding transaction fees).
China Melt Electric (301031.SZ): Received the client project notification letter.
On January 23, Gelonghui reported that Zhongrong Electric (301031.SZ) announced that the company recently received a notification letter regarding the global exclusive designation of Tier 1 incentive fuses for the latest generation of 450VDC electrification platforms from a new energy vehicle company in the USA (referred to as 'client' due to confidentiality agreements). As of now, the company has received the project designation letter and signed a formal contract. The signing of this designation letter indicates that the project has made significant progress. The total sales amount during the project period is expected to be 0.145 billion yuan. The project is expected to start in April 2026.
Express News | Zhongrong Electric: The company has received a project designation notification from a new energy vehicle company in the USA.