Jefferies Adjusts Seres Group's Price Target to 113.16 Yuan From 92.80 Yuan, Keeps at Buy
04:40 AM EDT, 05/10/2024 (MT Newswires) -- Jefferies Adjusts Seres Group's Price Target to 113.16 Yuan From 92.80 Yuan, Keeps at Buy Price (RMB): ¥84.62, Change: ¥-0.56, Percent Change: -0.66%
Brainhole Technology Sells Further Shares in Seres Group
Brainhole Technology (HKG:2203) disposed of a total of 82,900 shares in Chinese automobile maker Seres Group (SHA:601127) on Tuesday for 7.3 million yuan, a same-day filing on the Hong Kong bourse sai
Taiyong Changzheng (002927.SZ): Not selling fast charging products to Xiaomi, Cyrus, and Chery
Gelonghui, May 7 | Taiyong Changzheng (002927.SZ) said on the investor interactive platform on May 7 that the company has yet to sell fast charging products to Xiaomi, Cyrus, and Chery.
Cyrus (601127.SH)'s net profit for the first quarter of 2024 turned into the fourth profitable NEV company in the world
Currently, competition for new energy vehicles is heating up. Most NEV companies are still struggling with losses due to various factors such as declining bicycle profits due to price wars, increased investment in R&D through technological innovation, and scale effects not yet achieved. Of course, there are very few exceptions. Cyrus, whose core business is new energy vehicles, ushered in transformative operating profits in the first quarter. According to the first quarterly report data, Cyrus's revenue for the first quarter of 2024 was 26.561 billion yuan, up 421.76% year on year; net profit attributable to shareholders of listed companies was 220 million yuan, achieving net profit correction; and net cash flow from operating activities in the first quarter was 11.87 billion yuan
Seres' Car Sales Soars 130% in April
Seres Group's (SHA:601127) vehicle sales in April soared 129.9% year on year to 33,864 units, according to the company's filing on the Shanghai Stock Exchange. Car output also jumped 107.5% to 31,830
Cyrus (601127.SH)'s revenue and net profit both increased in the first quarter, Everbright Securities raised profit expectations and gave it a buying rating
According to recent research reports from several agencies, as the price war continues to heat up competition this year, Cyrus surpassed expectations by handing over such a report card.
Cyrus's “Asking the World M7” question in the vortex
“Investor Network” Zhang Wei's serious traffic accident made Cyrus (601127.SH), a new car building force that has already received much attention and is currently participating in the Beijing Auto Show, quickly became popular. On April 27, a netizen with the screen name “Three Mu Mu” posted on various social media that while driving at the Xia County Expressway in Yuncheng City, Shanxi Province, a fire broke out after being rear-ended by a sprinkler in front of the overtaking lane, causing the 3 people in the car to be unfortunately killed. The incident quickly attracted public attention. According to public information in response to an urgent inquiry, the AITO (AITO) M7 is a high-end smart car brand model owned by Cyrus and uses extended-range operation
Selected Gelonghui Announcements | Beifang Huachuang: 2023 revenue of 22.089 billion yuan reached a record high, net profit of 3,899 billion yuan increased 65.73% year over year; Cyrus: Revenue of 26.561 billion yuan for the first quarter increased 421.76
[Performance Data] Zhonglian Heavy Industries (000157.SZ)'s net profit for the first quarter was 916 million yuan, up 13.06% year on year, China Union Heavy Industries (000157.SZ) released its report for the first quarter of 2024. Operating income during the reporting period was 11.773 billion yuan, up 12.93% year on year; net profit attributable to shareholders of listed companies was 916 million yuan, up 13.06% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 777 million yuan, up 19.45% year on year, with basic earnings per share of 0.11 yuan. Wave Information (000977.SZ)
Investors in Seres GroupLtd (SHSE:601127) Have Seen Incredible Returns of 549% Over the Past Five Years
Long term investing can be life changing when you buy and hold the truly great businesses. While the best companies are hard to find, but they can generate massive returns over long periods. For exa
Imbol (300681.SZ): Cooperates with several models under the Celis Group
Gelonghui, April 23丨Some investors asked InBeall (300681.SZ) on the investor interactive platform, “Does your company supply or cooperate with Cyrus?” The company replied that the company has cooperated with various brand models under the Celis Group.
Yingli Auto (601279.SH): No business cooperation with Cyrus
Gelonghui, April 17 | Yingli Auto (601279.SH) said on the investor interactive platform that the company currently has no business cooperation with Cyrus. The company will actively explore the market and seek more opportunities for business cooperation.
North and South Water | Nanshui's net purchases exceeded 8.1 billion yuan throughout the day, Maotai received nearly 900 million yuan in fundraising, and Beishui increased its inventory with China Mobile for 8 consecutive days
Track the latest developments in north-south funding
Trustelion Co., Ltd. (301397.SZ): Has business dealings with some Huawei HI model partner car brands such as Changan Automobile, Rantu Auto, GAC Trumpchi, etc., as well as Celis, a Huawei Smart Choice customer
On April 12, 2024, Gelonghui Co., Ltd. (301397.SZ) was surveyed by a specific target on “The company's cooperation with Huawei?” The company replied that the company has not yet had a direct business relationship with Huawei, but the company has business dealings with some Huawei HI model partner car brands such as Changan Auto, Rantu Auto, GAC Trumpchi, etc., as well as Huawei Smart Choice customer Celis, and the company also has supporting related models. At the same time, the company is also investing a large amount of market and R&D resources to actively develop other Huawei Smart Choice brand customers and models.
Popular models of Celis (601127.SH) cars have been sold repeatedly, and the Guochao Pioneer brand boosts industrial innovation and upgrading
In just seven months since the launch of the new Celis M7, the cumulative number of orders has exceeded 174,000 units, making it a well-deserved leading brand in the Chinese automobile market.
Smart parking ceiling Cyrus (601127.SH) asked Jieji how strong is the new M7?
At the advanced smart driving circuit, Cyrus (601127.SH) asked the world that the new M7 has become the “King of Scrolls”. How strong is its smart driving technology? Recently, I asked the new M7 product experience officers during the test drive to experience the industry-leading smart driving capabilities. Take smart parking as an example. Its accurate and efficient parking experience is highly praised. For the majority of users, the biggest problem in everyday car use is the parking problem. People often spend a lot of time and effort searching for vacant spaces, and parking in small parking spaces is also extremely complicated and challenging. Cyrus Auto understands users' travel pain points and is committed to making every user
New energy vehicle companies' March “report card”: BYD delivered more than 300,000, Cyrus sales increased 225.81% year-on-year
Aian and Questionnaire both delivered more than 30,000, followed by Ideal and Cyrus, and Xiaopeng and Nacha delivered less than 10,000.
Alter (300825.SZ): Cooperation with Cyrus in the new energy vehicle core components business
GLONGHUI March 29丨An investor asked Alter (300825.SZ) on the investor interactive platform, “Does the company supply Xiaomi and the Internet?” The company replied that the company and Cyrus are cooperating in the new energy vehicle core components business.
Tianyong Intelligence (603895.SH) won a bid of 120 million yuan for projects related to Celis Automobile's workshop production line
Zhitong Finance AP News, Tianyong Intelligence (603895.SH) announced that on March 26, 2024, the company received a notice of winning bid from Cyrus Automobile Co., Ltd. and determined that Shanghai Tianyong Intelligent Equipment Co., Ltd. was the winning bidder for the “Welding (R) Workshop Phase 1 and Line 2 (floor line, upper body line) project”. The winning bid price was 120 million yuan (tax included).
Medium micro semiconductor (688380.SH): In the M5, M7, and M9 models of the Celis series of cars, the company's products are all defined.
Gelonghui, March 22丨Zhongwei Semiconductor (688380.SH) said on an interactive platform that the company's first automotive-grade chip was mass-produced and shipped in batches in the 3rd quarter of 2022, and is currently used in the field of vehicle body control. Through nearly two years of research and development, the range of automotive-grade chip products has become richer, and there are more customers. In the Celis series M5, M7, and M9 models, the company's products are all standardized.
Mitutoyo Intelligence (300276.SZ): Currently undertaking and implementing business is Cyrus Automobile's Chongqing plant assembly and welding workshop intelligent equipment order
Gelonghui, March 21丨Mitutoyo Intelligence (300276.SZ) said on the investor interactive platform that the company has always been an important production line equipment supplier for many mainstream automakers at home and abroad. The level of equipment determines the industrial level. NEV manufacturing equipment is the foundation of NEV production. Mitutoyo Smart and Celis have maintained a good cooperative relationship. The company currently undertakes and is implementing intelligent equipment orders for Celis Automobile's Chongqing factory assembly and welding workshop.
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