FINWIRES · TerminalLIVE
FINWIRES

SHA:601877

5 stories mentioning SHA:601877Updated 20d ago

Every FINWIRES story that references SHA:601877, newest first.

Asia

Zhejiang Chint Electric Buys Over 3% Stake in Subsidiary for 1.12 Billion Yuan

Zhejiang Chint Electric (SHA:601877) has acquired an additional 3.16% equity stake in its subsidiary, Chint Aneng Digital Energy (Zhejiang), for 1.12 billion yuan, according to a Saturday filing with the Shanghai bourse.The Chinese electrical equipment manufacturer signed the equity transaction contract with the National Green Development Fund on July 10 after winning the bid through the Shanghai United Assets and Equity Exchange.Following the purchase, Chint Electric's total direct and indirect shareholding in the digital energy unit will increase to 71.24% from 68.08%.Shares of the company fell over 2% in recent trade.

SHA:601877
Asia

Zhejiang Chint Electrics to Submit Bid for 3.16% Additional Stake in Subsidiary

Zhejiang Chint Electrics (SHA:601877) will submit a bid for a 3.16% stake in Chint Aneng Digital Energy (Zhejiang), according to a Wednesday filing with the Shanghai bourse.The reserve price for the auction was set at 1.12 billion yuan.Once the bid is succesful, Zhejiang Chint Electrics's take in Chint Aneng will rise to 71.24% from 68.08%.

SHA:601877
Asia

Chint Electrics Logs 1.96 Billion Yuan in Q1 Electricity Revenue

Zhejiang Chint Electrics (SHA:601877) reported 1.96 billion yuan in electricity revenue in the first quarter.Installed capacity was 27.8 gigawatts for photovoltaic power stations, according to a filing with the Shanghai bourse.Installed capacity of household distributed photovoltaic power stations is 25.0 gigawatts, representing significant growth compared with the same period last year.Shares of the company declined 3% in recent trade.

SHA:601877
Asia

Chint Electrics 2025 Profit Up 16%; Shares Down 3%

Zhejiang Chint Electrics (SHA:601877) posted 2025 attributable net profit of 4.50 billion yuan, up 16% from 3.87 billion yuan the previous year.Earnings per share climbed 2.10 yuan from 1.81 yuan, according to a filing with the Shanghai bourse.Operating revenue declined 8.3% year over year to 59.1 billion yuan from 64.5 billion yuan.Shares of the electrical appliance manufacturer declined 3% in recent trade.

SHA:601877
Asia

Zhejiang Chint Electrics Q1 Profit Up 9%; Shares Down 3%

Zhejiang Chint Electrics (SHA:601877) posted first-quarter attributable net profit of 1.27 billion yuan, up 8.9% from 1.16 billion yuan the previous year.Earnings per share climbed 0.59 yuan from 0.55 yuan, according to a filing with the Shanghai bourse.Operating revenue rose 46% year over year to 21.3 billion yuan from 14.6 billion yuan.Shares of the electrical appliance manufacturer declined 3% in recent trade.

SHA:601877

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:601877 in your portfolio
WheelAI
WheelAI
Analyze SHA:601877 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:601877