Express News | shanghai new power automotive technology has been continuously trading at the limit: its wholly-owned subsidiary faces significant difficulties in debt repayment, litigation, risks of advancing funds to dealers and customers, etc.

BreakingsNov 8 17:48

Dynamics New Technology 2024 Third Quarter Report

SZSIOct 26 00:00 · Announcements

Revenue target achieved less than 40%, shanghai new power automotive technology may face three consecutive years of losses? | interpretations

1. Shanghai New Power Automotive Technology released its worst quarterly report in history, with revenue of 5.236 billion yuan in the first three quarters, a year-on-year decrease of 19.78%, and a net loss attributable to shareholders of 1.263 billion yuan, an increased loss of 17.56% year-on-year; 2. Compared with the annual performance target set at the beginning of the year, the completion rate is less than forty percent; 3. In the past two years, the company has incurred losses of 1.6 billion yuan and 2.4 billion yuan successively. Is it a foregone conclusion that the company will continue to incur losses for three consecutive years?

cls.cnOct 25 21:37

shanghai new power automotive technology (600841.SH): the net loss was 1.263 billion yuan in the first three quarters.

Gelonghui on October 25th: Shanghai New Power Automotive Technology (600841.SH) announced its third quarter report for 2024, with a cumulative revenue of 5.236 billion yuan in the first three quarters, a year-on-year decrease of 19.78%; net income attributable to listed shareholders was -1.263 billion yuan; basic earnings per share was -0.910 yuan.

Gelonghui FinanceOct 25 21:26

Shanghai New Power Automotive Technology (600841.SH): The controlling shareholder extends the lock-up period for shares.

On September 5, Global Information announced that shanghai new power automotive technology (600841.SH) disclosed that after the completion of this major asset restructuring, there is a situation where the closing price at the end of the 6-month period after the completion of the major asset restructuring is lower than the issue price. According to the aforementioned commitment, saic motor corporation, the controlling shareholder, will automatically extend the lock-up period of the company's 122,880,366 shares acquired through this issuance of shares to purchase assets for an additional 6 months, namely, the lock-up period will be changed from September 7, 2021 to March 6, 2025, based on the original 36 months.

Gelonghui FinanceSep 5 15:55

shanghai new power automotive technology 2024 half-year report

SZSIAug 23 00:00 · Announcements