Previous post when price was around $0.33, up 35% as compared to recent high price $0.45
Friday, June 11, 2021
Up 35%: Del Monte Pac (SGX: D03)
Wednesday, June 9, 2021
Tuesday, June 8, 2021
Up 40%: Chinasoft Int 中软国际 (0354.HK)
Previous post when price was HKD8.40, up 40% as compared to recent price HKD11.80
Plug Power (US: PLUG)
Plug Power continues to make strong strides within its fuel cell system business across its target
markets. In 2020, Plug Power drove further adoption in core material handling, on-road and
stationary power markets.
Within its core market of material handling, the Company added a fourth pedestal customer. This customer is an automotive manufacturer with over 50 plants worldwide.
Plug Power’s GenKey hydrogen and fuel cell solutions offer an attractive value to auto-manufacturing customers, where material handling fleets spend the day loading and unloading very heavy containers of auto parts that are used in the vehicle assembly process.
The steady performance and fast refueling of fuel cell-powered vehicles results in productivity improvements up to 15%. Plug Power will commission four sites for this customer in 2021.
In addition, Walmart, a foundational customer for Plug Power, adopted GenKey hydrogen and fuel cells solutions for use in its eCommerce network in 2020, bringing its GenDrive deployed base to more than 9,500 total.
During 2020, Plug Power solidified its global leadership position in green hydrogen solutions through acquisitions and strategic partnerships. They closed the acquisition of Giner ELX and United Hydrogen to become a vertically integrated green hydrogen generation company.
We believe it is important to note that the market for green hydrogen remains substantial on a global basis.
Thursday, June 3, 2021
Sany Heavy Industry 三一集团 (SSE: 600031)
SANY Heavy Industry (SSE: 600031) listed in Shanghai Stock Exchange (SSE) released its 2020 annual report. Last year, SANY's total sales revenue reached 15.14 billion USD with 31.29% year-on-year growth. Total assets increased to 19.25 billion USD, and net assets attributable to shareholders of the public company were 8.62 billion USD.
The report revealed that the SANY excavator achieved a sales revenue of 5.721 billion USD, an increase of 35.85% year-on-year, ranking at the top of the Chinese market for 10 consecutive years.
The year 2020, hit by the pandemic, saw a 27% reduction in the global market for construction machinery. However, SANY’s global businesses maintained a steady growth in the context of the pandemic, achieving an increase of 3% in year-on-year sales topping 2.4 billion USD.
In 2020, R&D investments increased by 33.2% to 954 million USD, accounting for 6.3% of the company’s total annual revenue. The number of R&D employees reached 5,346, a 69% increase over 2019. By the end of 2020, SANY had applied for 10,278 patents and authorized 7,613, more than any other single company in China in 2020.
FYI, SANY Heavy Industry (SSE: 600031) is available for trading on our platform.
Wednesday, June 2, 2021
Geely Auto 吉利汽车 (0175.HK)
- Geely Automobile Holdings Limited completes revised annual sales target of 1.32 million units
- 2021 sales target set at 1.53 million units
- More modular architecture based models to be unveiled in 2021
Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1997 as a subsidiary of Zhejiang Geely Holding Group. Geely Auto Group sells vehicles under the Geely Auto brand and holds a 50% stake in the LYNK & CO brand.
The group employs more than 50,000 people, operates 12 plants, five global R&D centers in Hangzhou, Ningbo, Gothenburg, Coventry and Frankfurt. The Group also boasts five global design studios in Shanghai, Gothenburg, Barcelona, California and Coventry respectively with over 900 members of staff in total. The Geely Auto brand has been listed on the Hong Kong stock exchange since 2005.
In 2019, the brands under Geely Auto Group management sold over 1.46 million units, with Geely Auto retaining its position as the best-selling Chinese brand for three consecutive years, Lynk & Co setting a new annual sales record, and a revitalized PROTON returning to second place in its home market of Malaysia.
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