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Energy Chain Seeks Up to $100 Million in Personal Loans, News Says
GLONGHUI, May 22 | Some media quoted sources as saying that Nengchain, the parent company of Chinese electric vehicle charging service provider Nengchain Smart Electronics, is seeking private loans of up to 100 million US dollars to rent parking lots for electric vehicle charging stations in the Mainland and Hong Kong. According to the news, car park leasing will enable the energy chain to test its electric vehicle related software. According to reports, pilot projects have already begun in Yunnan and another province, adding that discussions on this matter are still ongoing. An Energy Chain spokesperson responded that the company is still looking for suitable financing opportunities and that there are huge business opportunities in the rapidly growing new energy sector, but declined to comment on any financing plans. Energy chain official website
Changes in US stocks 丨 EnergyChain Smart Electronics previously rose more than 14%, Q1 revenue increased 166% year on year
Gelonghui, May 17 | EnergyChain Intelligence (NAAS.US) rose 14.22% to $0.625 in the premarket. Energy Chain Smart Electronics's revenue for the first quarter of 2024 was 96.2 million yuan (13.3 million US dollars), up 166% year on year; it achieved gross profit of 24.3 million yuan (3.4 million US dollars), quadrupling year on year, and gross margin increased from 6.6% in 2022 to 25.3% in the first quarter, an increase of nearly 20 percentage points.
12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
GainersFaraday Future (NASDAQ:FFIE) shares increased by 107.1% to $1.46 during Thursday's regular session. The market value of their outstanding shares is at $62.3 million. Kaixin Hldgs (NASDAQ:KXIN)
Most of the US stocks and Chinese securities rose before the market, while Nengchain Smart Electronics and JD rose more than 1%
Gelonghui, May 15 | Jiuzi Xinneng rose more than 11%, Tianmei Biotech and Xunniao Software rose more than 5%, Shengde Wealth rose more than 3%, Shell rose more than 2%, NIO, iQiyi, EnergyChain Smart, and JD rose more than 1%. Mobile Finance, Bilibili, TSMC, Dada Group, Ehang Intelligence, and Alibaba rose within 1%.
Earnings Call Summary | NaaS Technology(NAAS.US) Q1 2024 Earnings Conference
The following is a summary of the NaaS Technology Inc. (NAAS) Q1 2024 Earnings Call Transcript:Financial Performance:NaaS Technology reported Q1 2024 revenue of RMB 96.24 million, a 156% YoY growth.Gr
NaaS Technology Inc. Soars With Q1 Growth