Reported 8 months ago
On June 17, 2024, the stock price of YANG HUA (3622), a company primarily producing touch panels, surged over 60% and hit the second limit up at 84.1 yuan, with over 7,000 orders waiting to buy. This increase is attributed to the 10-year Taiwan Power Grid Resilience Enhancement Plan, which has drastically boosted the company's revenue. The plan, totaling 560 billion yuan, not only benefits major electrical companies like HUA CHENG, SHI DIAN, YA LI, and ZHONG XING, but also supports the mechanical and electrical department of YANG HUA. The department's revenue share has been increasing, with capacity nearly reaching full due to the plan.
Source: YAHOO