Bafang Electric(Suzhou) (603489.SH): Established partnerships with many clients, including Xidesheng, Fujifilm Holdings Corporation Unsponsored ADR, Aima, Tailg, and Ninebot.

On February 19, Glonghui reported that Bafang Electric(Suzhou) (603489.SH) indicated on the investor interaction platform that the company is deeply engaged in the electric two-wheeler electrical systems Industry, having established cooperative relationships with numerous clients, including Xidesheng, Fujifilm Holdings Corporation Unsponsored ADR, Aima, Tailin, and Ninebot, among others. The company is currently focused on the electric two-wheeler Industry and remains Bullish about future development prospects.

Gelonghui FinanceFeb 19 18:08

Bafang Electric(Suzhou) (603489.SH): In terms of the current form and function of the company's Sensors products, they do not meet the conditions for application in the Siasun Robot&Automation field.

Gelonghui reported on February 11 that Bafang Electric(Suzhou) (603489.SH) stated on the investor interaction platform that the company is well aware of the tremendous potential of the Siasun Robot&Automation Industry and continues to pay attention to its development trends and opportunities. However, regarding the current form and function of the company's Sensors products, they are not yet suitable for application in the robot field.

Gelonghui FinanceFeb 11 18:27

2024 Annual Results Forecast

SZSIJan 18 00:00 · Announcements

Bafang Electric(Suzhou) (603489.SH): The net income for 2024 is expected to decrease by 49.16% to 60.89%.

Gelonghui, January 17 - Bafang Electric(Suzhou) (603489.SH) announced its annual performance forecast for 2024. The company expects to achieve a Net income attributable to the shareholders of the listed company between 50 million yuan and 65 million yuan, a year-on-year decrease of 49.16% to 60.89%. The company expects to achieve a Net income attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, between 30 million yuan and 45 million yuan, a year-on-year decrease of 57.93% to 71.95%.

Gelonghui FinanceJan 17 18:07

Bafang Electric(Suzhou) (603489): The domestic leader in electric bicycle Electric Machine, facing short-term pressure from channel destocking.

Investment highlights: The leading supplier of Electric Machine for domestic electric bicycles faces short-term performance pressure. The company is the largest supplier of Electric Machine for electric bicycles in the domestic market, with 20 years of focus in the electric bicycle field and a mature Global layout mainly targeting the European and American markets. In the first three quarters of 2024, revenue is 10.

SoochowJan 2 12:57

Express News | Bafang Electric(Suzhou): The company has not yet laid out its business in humanoid robot and automation.

BreakingsNov 6, 2024 17:13