Guangzhou Tongda Auto Electric (603390.SH): There have been no changes in business with BYD Company Limited, and there is no involvement in supplying them with market-related smart driving products.
Announcement of Tongda Electric (603390.SH), the company's stock on February 6th, February 7th, February 10th...
Announcement by Guangzhou Tongda Auto Electric (603390.SH): The company's stock closed at the limit up for three consecutive trading days on February 6, February 7, and February 10, with a cumulative increase of 30.02%. The company's stock price surged more significantly in the short term compared to the industry and the Shanghai stock index, indicating an overheated market sentiment.
The announcement stated that there have been no changes in the company's business with BYD Company Limited. The company mainly supplies software and hardware products for buses and electric buses to BYD Company Limited, with revenue from these related businesses accounting for a small proportion of the company's main operating income. The company does not supply market hotspots related to intelligent driving products to BYD.
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