Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) Takes On Some Risk With Its Use Of Debt

Simply Wall StSep 8 21:17 ET

Shanghai Putailai New Energy Technology (603659.SH): Has completed the construction of a 200-ton solid-state electrolyte pilot production line in Sichuan Base.

Shanghai Putailai New Energy Technology (603659.SH) stated on the investor interaction platform on September 6th that the company has actively conducted research and development in the direction of solid-state and semi-solid-state batteries and has related process technology reserves. As for the anode materials, the company has actively laid out in silicon-carbon anode and lithium metal anode. Among them, the new silicon-carbon anode can be used as an anode material for semi-solid-state/solid-state batteries, and the construction of Anhui Zichen silicon-carbon anode production capacity is also being actively promoted. In terms of solid-state electrolyte materials, the company has completed the pilot production of solid-state electrolyte LATP (lithium aluminum titanium phosphate) and LLZO (lithium lanthanum zirconium oxide), and has already implemented them at the Sichuan base.

Gelonghui FinanceSep 6 04:23 ET

Shanghai Putailai New Energy Technology (603659.SH): has actually repurchased 1.07% of the company's shares.

On August 29, Guolonghui announced that on August 28, 2024, Shanghai Putailai New Energy Technology (603659.SH) completed the buyback of 22,881,000 shares, accounting for 1.07% of the total share capital. The highest buyback price was 14.23 yuan per share, the lowest buyback price was 10.73 yuan per share, and the average buyback price was 13.11 yuan per share. The total amount of funds used was 299.9772 million yuan (excluding transaction costs).

Gelonghui FinanceAug 29 06:01 ET

Downgrade: Here's How Analysts See Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) Performing In The Near Term

Simply Wall StAug 24 20:18 ET

Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) Fell Short of Analyst Expectations: Here's What You Need To Know

Simply Wall StAug 21 18:28 ET

Shanghai Putailai New Energy Technology Chairman Liang Feng: It is expected that there will be limited downward space for the price of anode materials in the future|Exclusive coverage of the earnings conference

① Director Liang Feng of Shanghai Putailai New Energy Technology expressed that due to reduced profits and tighter financing, the rate of new capacity investment in the industry has significantly slowed down, and it is expected that the future space for further price declines is limited. ② In addition to anode materials, investors have a higher level of interest in the layout of "next-generation" battery materials by Shanghai Putailai, including silicon-carbon anode and solid-state electrolyte.

cls.cnAug 21 08:01 ET