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With A 26% Price Drop For Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) You'll Still Get What You Pay For
Zhejiang Changsheng Sliding Bearings (300718.SZ): Buyback completed, with a total expenditure of 20.0507 million yuan used to repurchase 0.2406 million shares.
On March 28, Gelonghui reported that Zhejiang Changsheng Sliding Bearings (300718.SZ) announced that as of March 27, 2025, the company has repurchased a total of 0.2406 million shares through a special securities account for share repurchase via centralized bidding, accounting for 0.08% of the company's current total share capital, with the highest Fill Price being 83.56 yuan/share, the lowest Fill Price being 82.85 yuan/share, and the total amount paid being 20.0507 million yuan (excluding transaction fees). The share repurchase plan has been completed.
Zhejiang Changsheng Sliding Bearings (300718.SZ): The main application direction of screw products is in the Autos field.
On March 19, Gelonghui reported that Zhejiang Changsheng Sliding Bearings (300718.SZ) stated on the investor interaction platform that the main application direction of the company's screw products is in the Autos sector, while the application in the Siasun Robot&Automation components field is still in the sample submission stage.
Zhejiang Changsheng Sliding Bearings (300718.SZ): Some products can be applied to bipedal robots.
According to Gelonghui on March 19, Zhejiang Changsheng Sliding Bearings (300718.SZ) stated on the investor interaction platform that there is currently no cooperation with Siasun Robot&Automation or Fourier Intelligent. The company's research direction in the robot field mainly focuses on self-lubricating bearings used in joints and screw products in some linear actuators, with some products applicable to biped robots.
Returns At Zhejiang Changsheng Sliding Bearings (SZSE:300718) Are On The Way Up
These 4 Measures Indicate That Zhejiang Changsheng Sliding Bearings (SZSE:300718) Is Using Debt Reasonably Well