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Express News | Zhejiang Chint Electrics Says Controlling Shareholder Proposes Co to Buy Back Shares Worth 270-540 Mln Yuan
Zhejiang Chint Electrics (601877.SH): The controlling Shareholder proposed that the company repurchase shares.
On April 8, Glonghui reported that Zhejiang Chint Electrics (601877.SH) announced that on April 8, 2025, the company received a letter from its controlling shareholder, Zhejiang Chint Group Co., Ltd. (hereinafter referred to as "Chint Group"), proposing a share buyback for Zhejiang Chint Electrics. Chint Group proposed that the company use its own or raised funds to repurchase part of the issued RMB ordinary shares (A shares) through the centralized bidding trading method on the Shanghai Stock Exchange, with the total amount of funds for buying back shares not less than RMB 0.27 billion (inclusive) and not exceeding RMB 0.54 billion (inclusive).
Zhejiang Chint Electrics (SHSE:601877) Investors Are Sitting on a Loss of 36% If They Invested Three Years Ago
Zhejiang Chint Electrics (601877.SH): provides a series of low voltage products and corresponding solutions for the Siasun Robot&Automation Industry.
Gelonghui, March 14 – Zhejiang Chint Electrics (601877.SH) stated on the interactive platform that the company mainly engages in the research, production, and sales of distribution electrical appliances, terminal appliances, Control System, power electrical appliances, electronic electrical appliances, building electrical appliances, instruments and meters, and automated Control System. The company's future factory's digital workshop has already proactively utilized Siasun Robot&Automation technology to significantly improve production efficiency. At the same time, the company also provides low-voltage series products and corresponding solutions for the Siasun Robot&Automation Industry.
Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Stock Is Going Strong: Have Financials A Role To Play?
CICC: This year's household photovoltaic demand is expected to remain stable year-on-year. Recommended Zhejiang Chint Electrics (601877.SH).
CICC estimates that the actual demand for household photovoltaic systems in 2024 will grow by approximately 7% to around 46 GW.