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A-share car stocks rise, Lifan Technology up 8%.
On June 18th, Gelunhui reported that Lifan Technology rose by 8%, with New Power Automotive Technology, Chongqing Sokon Industry Group Stock, Xiamen King Long Motor Group, and Chongqing Changan Automobile following suit. In terms of news, the National Development and Reform Commission held a press conference in June, stating that in the next step, it will work with relevant parties to promote the transformation and upgrading of the automobile industry and enterprise optimization and reorganization, enhance technological innovation and industry chain supporting capabilities, strengthen international cooperation, and continue to promote the high-quality development of the new energy auto industry.
Express News | The concept of Vehicle-to-Infrastructure (V2I) is weakening and Shanghai New Power Automotive Technology has hit the limit down.
Shanghai New Power Automotive Technology (600841.SH): its subsidiary SAIC Hongyan is not currently researching or using solid state batteries in heavy trucks.
On ****, GeLongHui reported that Shanghai New Power Automotive Technology (stock code 600841.SH) stated on their investor platform that their wholly-owned subsidiary SAIC Hongyan is not currently developing or utilizing solid state batteries for heavy-duty trucks. However, they will actively pay attention to the application of new energy products such as solid state batteries in the whole vehicle in the future.
Dynamic New Technology (600841.SH) announced first-quarter results with a net loss of 284 million yuan
Dynamic New Technology (600841.SH) disclosed its report for the first quarter of 2024. The company achieved revenue of 18 during the reporting period...
New Power Engineering (600841.SH): The hydrogen engine under development has a rated power of about 300 kW
On March 27, Ge Longhui (600841.SH) said on the investor interactive platform that the hydrogen engine currently being developed by the company has a rated power of about 300 kW. The product technical indicators and development boundaries are mainly aimed at application scenarios such as road vehicles and construction machinery. Currently, it is in the product development and verification stage. It has not yet entered the production and sales stage, and the industrialization of hydrogen engines will still take a long time.
Power New Technology (600841.SH): net loss of 2.46 billion yuan in 2023
On March 25, Ge Longhui (600841.SH) released its 2023 annual report. Operating revenue was 8.68 billion yuan, down 12.57% year on year, net loss of 2.46 billion yuan, net loss of 2,538 billion yuan, and basic earnings per share of 1.61 billion yuan.
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