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Pylontech Chairman Released From Detention
Pylon technologies (688063.SH): The chairman has been relieved of detention.
pylon technologies (688063.SH) announced that the company recently received a notice from its controlling shareholder, ZTE Corporation (...
Pylon Technologies (688063.SH): In 2024, the company achieved small-scale production and delivery of sodium-ion products.
Gelonghui November 13th, Pylon Technologies (688063.SH) stated on the investor interaction platform that in 2024, the company will achieve small-scale production and delivery of sodium-ion battery products. Currently, the core advantage of sodium-ion battery products lies in their low-temperature performance, which can address the pain point of long-lasting operation in cold winter environments, with broad market prospects.
Pylon Technologies (688063): Exchange losses have some impact. Shipments continue to recover, and operational profits have improved.
The core point of view is that the company released its third quarter report for 2024, with a single Q3 achieving revenue, net profit, and non-GAAP of 5.53/0.17/-0.007 billion yuan, a year-on-year increase of +12.3%/turning losses/reducing losses, and a month-on-month increase of +16.7.
Pylon Technologies Co., Ltd. Just Missed Revenue By 53%: Here's What Analysts Think Will Happen Next
Pylon Technologies (688063): The performance in 3Q24 was lower than market expectations, and the shipment of energy storage systems continued to rise.
In Q3 2024, the company's performance was below market expectations. The company announced its Q3 2024 performance: revenue of 0.553 billion yuan, an increase of 12.3% year-on-year and 16.7% quarter-on-quarter; net income attributable to shareholders of 0.017 billion yuan, turning losses year-on-year and increasing by 10.2% quarter-on-quarter; non-recurring net income
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