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Improved Earnings Required Before Shanghai YongLi Belting Co., Ltd (SZSE:300230) Stock's 26% Jump Looks Justified
Shanghai YongLi Belting's (SZSE:300230) Returns On Capital Not Reflecting Well On The Business
Dragon and Tiger List | Shanghai Yongli Belting is up 20% to the daily limit, with net buying of 0.135 billion yuan from four speculative funds.
Shanghai Yongli Belting (300230.SZ) reached the 20% limit up today, with a Turnover Ratio of 37.93% and a transaction amount of 1.389 billion yuan. According to the dragon and tiger list, the speculator 'Zuo Shou Xin Yi' ranked first in buying, with a net purchase of 41.7442 million yuan; 'Hu Li Da Dao' ranked fourth in buying, with a net purchase of 33.1704 million yuan; 'Zhang Meng Zhu' ranked third in buying, with a net purchase of 30.8988 million yuan; and 'N Zhou Er' ranked fourth in buying, with a net purchase of 28.8337 million yuan. (Ge Long Hui)
Shanghai Yongli Belting (300230.SZ): Currently not involved in Auto Parts business.
On March 21, Gelonghui reported that Shanghai Yongli Belting (300230.SZ) stated on the investor interaction platform that its subsidiary Broadway Precision Tech, S.A. de C.V. primarily engages in the production, processing, and sales of high-end precision molded products. The products cover fields such as the Consumer Electronics Industry, Toy Industry, Telecommunications Industry, and Health Medical Industry, and currently do not involve Auto Parts Business.
Shanghai Yongli Belting (300230.SZ): A subsidiary directly supplies precision molded products related to the smart vacuum cleaners of Beijing Roborock Technology and its holding subsidiaries.
On March 3, Glonghui reported that Shanghai Yongli Belting (300230.SZ) stated on the investor interaction platform that its wholly-owned subsidiary directly supplies precision molded products related to intelligent vacuum robots to Beijing Roborock Technology and its subsidiaries.
Shanghai Yongli Belting (300230.SZ): Precision molded products include precision plastics parts related to smart robotic vacuum cleaners, not applied to humanoid robots.
On February 18, Gelonghui reported that Shanghai Yongli Belting (300230.SZ) stated on the investor interaction platform that the company's precision molding products include precision plastic parts related to Siasun Robot&Automation's intelligent robotic vacuum cleaners, and are not applied to humanoid robots. In the future, the company will expand and layout the precision molding business area in conjunction with Global Strategy and market demand.
Shanghai YongLi Belting Co., Ltd's (SZSE:300230) Shares Lagging The Market But So Is The Business