688226 Wetown Electric Group
- 20.09
- 0.000.00%
Wetown Electric Group News
Weiteng Electric (688226): The power distribution business is steady and far-reaching, and is ready to go
The main investment points are based on the three major businesses of busbars, welding belts, and energy storage. The performance development went hand in hand in 2021-2023. The company achieved operating income of 1,254 billion yuan, 1,636 billion yuan, and 2,848 billion yuan, respectively, compared with the same period
Express News | Weiteng Electric invests in the establishment of a new company including battery sales business
Express News | Weiteng Electric and Westinghouse Electric formally reached a global new energy strategic cooperation
Weiteng Electric (688226): Establishing strategic cooperation with Westinghouse to accelerate global market layout
Incident: The company and Westinghouse officially reached a global new energy strategic cooperation. On May 31, 2024, the company and Westinghouse Electric announced the establishment of a global new energy strategic partnership and signed a licensing agreement, targeting overseas markets, focusing on Europe
Weiteng Electric (688226.SH): Not involved in the UHV field
Gelonghui, May 28 | Weiteng Electric (688226.SH) said on the investor interactive platform that some of the company's products have been applied to the field of intelligent distribution grids and have not yet involved the UHV field.
Express News | Science and Technology Innovation Board Evaluation: The power grid equipment sector showed active performance, and the semiconductor sector had mixed ups and downs
Weiteng Electric (688226) In-depth Report: Megatron Goes to Sea
Performance is improving steadily, with three-wheel drive for power equipment, energy storage, and photovoltaics. For the full year of '23, the company achieved revenue of 2,848 billion yuan, +74% year on year; achieved net profit attributable to mother of 120 million yuan, +72% year-on-year; achieved net profit without deduction to mother1
Express News | Science and Technology Innovation Board Evaluation: The electrical equipment sector is active in the low-altitude economy, and the semiconductor sector recovers
Express News | Science and Technology Innovation Board Evaluation: The semiconductor sector is declining, and the concept of electrical equipment is getting stronger
A Closer Look At Wetown Electric Group Co., Ltd.'s (SHSE:688226) Impressive ROE
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). We'll use ROE to
Weiteng Electric (688226): The two main businesses are striving to achieve the trend of energy storage lines
Since its listing, the company's performance has maintained high growth, and has gradually formed three major business lines: power distribution business, new photovoltaic materials, and energy storage business. Power distribution business: In the context of increasing new energy installations, consumption issues are becoming more prominent, driving transmission and distribution grids
Weiteng Electric (688226.SH) announced first-quarter results, net profit of 35.296 million yuan, an increase of 165.64% over the previous year
According to Zhitong Finance App News, Weiteng Electric (688226.SH) released its report for the first quarter of 2024. The company's revenue was 795 million yuan, up 84.68% year on year; net profit attributable to shareholders of listed companies was 35.296 million yuan, up 165.64% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 332.11 million yuan, up 221.53% year on year; basic earnings per share were 0.23 yuan/share.
Weiteng Electric (688226.SH): Net profit of 120 million yuan in 2023 increased 72.3% year-on-year
On April 25, Ge Longhui | Weiteng Electric (688226.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 2,848 billion yuan, an increase of 74.03% over the same period last year; net profit attributable to shareholders of listed companies was 120 million yuan, an increase of 72.30% over the same period last year. In 2023, the net profit attributable to shareholders of listed companies increased by 87.37% over the same period last year due to the implementation of a restricted stock incentive plan to cover share payments. If the impact of this matter is excluded, At the same time, the company optimized its business layout and continued to increase investment in the development of new products. This report
Express News | Weiteng Electric: DC cabin loading and shipment for the 60 MWAC energy storage project exported to Malaysia
Guojin Securities: In the context of overall financing tightening in the photovoltaic industry, the welding belt market is expected to concentrate at the top
The sharp drop in module costs is expected to drive the continued growth of global photovoltaic installations and the boom in PV welding belt shipments. Guojin Securities expects global demand for welding belts to be 273/322,000 tons from 2024-2025, an increase of 24%/18%.
Guohai Securities: Under pressure to cut costs, OBB is the winner and loser in the price war between HJT and TOPCON
The Zhitong Finance App learned that Guohai Securities released a research report saying that on March 14, 2024, Aotewei released the TopCon 0BB welding mass production process: 0BB's core advantages include reducing silver by more than 10% for single batteries and increasing the power of single modules by more than 5W. On March 16, 2024, Ningxia Maverick completed the delivery of the first HJT IFC direct laminating mass production equipment. IFC is Maverick's 0BB solution. After use, HJT batteries can save 30%-35% of silver consumption. Guohai Securities believes that 0BB is an industry trend in preparation under pressure to reduce component costs. It is the 2024 HJT technology breakthrough
Fangzheng Securities: 0BB industry progress accelerates to help the industry reduce costs and increase efficiency
The Zhitong Finance App learned that Fangzheng Securities released a research report saying that currently 0BB technology has broken through technical bottlenecks on TopCon, reducing single-chip silver consumption by ≥ 10%, increasing component power by ≥5W, and can be combined with high-speed welding systems to ensure high yield. The company has completed more than 120 related patent applications, and has now reached the mass production conditions for the TopCon0BB welding process. Currently, leading battery module manufacturers are actively deploying 0BB technology. In the future, with mass production of Topcon and HJT0BB welding processes, the costs of downstream component manufacturers are expected to drop further and advance
Wetown Electric Group Co., Ltd. (SHSE:688226) Soars 37% But It's A Story Of Risk Vs Reward
Wetown Electric Group Co., Ltd. (SHSE:688226) shareholders are no doubt pleased to see that the share price has bounced 37% in the last month, although it is still struggling to make up recently lost
Express News | Weiteng Electric: Wang Shu, a core technician, applied to leave his job due to personal reasons
Weiteng Electric (688226): Performance is in line with expectations, the three major businesses go hand in hand to drive steady growth
Incident: February 23, 2024, the company released the 2023 performance report. For the full year of 2023, the company achieved revenue of 2,851 billion yuan, +74% year on year; achieved net profit of 120 million yuan to mother, +72 million yuan year on year
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