Chongqing Zonsen Power Machinery (001696.SZ) shareholder Tibet Guolong Technology plans to reduce its shareholding by no more than 3%.

20:40 26/02/2025

Zongshen Power (001696.SZ) announced that its shareholder Tibet Guolong Technology Co., Ltd. plans to start selling its shares in the company from the date of this announcement.

Chongqing Zonsen Power Machinery (001696.SZ) announced that its shareholder, Tibet Guolong Technology Co., Ltd., plans to reduce its holdings of the company's shares by no more than 34.35 million shares (3% of the total shares) through centralized bidding and bulk trading within three months after 15 trading days from the date of this announcement. Director Mr. Li Yao plans to reduce his holdings of the company's shares by no more than 4.24 million shares (0.0037% of the total share capital) through centralized bidding within three months after 15 trading days from the date of this announcement.

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Hon Hai's Q1 revenue increased by 29.68% compared to the same period last year. It is expected that Q2 sales will increase both sequentially and year-on-year.

EB SECURITIES: Shanghai Electric Group (02727) continues to make breakthroughs in emerging industries such as 25 years of nuclear fusion and Siasun Robot & Automation. We maintain a "buy" rating.

Guosheng Macro: Jobs in the United States show signs of improvement in March, but underlying worries remain.