The Three-year Underlying Earnings Growth at GEM (SZSE:002340) Is Promising, but the Shareholders Are Still in the Red Over That Time

GEM Co., Ltd. (SZSE:002340) shareholders should be happy to see the share price up 20% in the last quarter. But that cannot eclipse the less-than-impressive returns over the last three years. In f

Simply Wall StApr 11 19:59 ET

Grimmie (002340.SZ): A 9-series solid-state battery precursor product has been mass-produced in small batches

Gelonghui, April 12 | Grimmie (002340.SZ) said on the investor interactive platform that the company began developing precursor materials for solid-state batteries as early as 2019. In response to many technical problems in the solid-solid contact interface between solid electrolytes and cathode materials, it has developed 3-4 micron size small particle size and high BET solid state battery precursor materials. Currently, certification work is being carried out in many companies and is progressing smoothly. A 9 series solid state battery precursor product has been mass-produced in small batches.

Gelonghui FinanceApr 11 19:12 ET

Grimmie (002340.SZ): Recently, some technological breakthroughs have been made in sodium electric precursors, and some models of sodium electric products have been mass-produced

Gelonghui, April 12 | Grimmie (002340.SZ) said on the investor interactive platform that the company has recently achieved a certain technological breakthrough in sodium electric precursors. The system has solved the technical problem of uniform co-precipitation of metal elements such as copper, zinc, magnesium and nickel-ferromanganese, and achieved mass production of some models of sodium-electric products. Four- and five-element sodium-electric precursors and cathode materials with ultra-high specific surface areas have been developed to greatly improve the stability and electrochemical properties of sodium-electric materials. Certification by leading companies has been successful. Currently, various products in this series have entered the tonnage mass production certification stage.

Gelonghui FinanceApr 11 19:11 ET

Grimmie (002340.SZ): Currently, the company has a production capacity of more than 300,000 vehicles per year to recycle and disassemble end-of-life vehicles

Gelonghui, April 9 | Grimmie (002340.SZ) said on the investor interactive platform that the company currently has a production capacity of more than 300,000 vehicles per year. The company has built 7 scrap car recycling and treatment bases in Wuhan, Tianjin, Shenzhen, Henan, Jiangxi, Jingmen, and Xiantao, forming a waste vehicle recycling and disposal model covering the Pearl River Delta, Yangtze River Delta, Beijing-Tianjin-Hebei, Central China and Southwest China, which is awaiting the peak of the Chinese automobile season. Currently, the capacity utilization rate of the company's scrapped car dismantling and recycling business is low. However, as of December 2023, the number of cars owned in China

Gelonghui FinanceApr 8 20:23 ET

Cathay Pacific Junan: Policy guidance helps the battery recycling industry to accelerate development

In recent years, the national recycling industry policy has been gradually refined, the battery recycling business model is becoming more mature, and the scale of the industry continues to expand. Industrial chain enterprises with a first-mover advantage and master waste battery channel resources and battery recycling technology are expected to be the first to benefit.

Zhitong FinanceApr 1 04:38 ET

Grimmie (002340.SZ) has bought back 0.37% of its shares at a cost of 121 million yuan

According to Zhitong Finance App News, Grimmie (002340.SZ) announced that as of March 31, 2024, the company had repurchased a total of 19.2198 million shares of the company's shares through a dedicated securities repurchase account, accounting for 0.37% of the company's current total share capital. The highest transaction price was 7 yuan/share, the minimum transaction price was 5.32 yuan/share, and the total transaction amount was 121 million yuan (excluding transaction fees).

Zhitong FinanceApr 1 03:56 ET