Reported 7 months ago
On June 13, 2024, at 4:10 PM, Century Steel (9958) rode on the AI hype and the rise of electric-related stocks, hitting the daily limit up again to close at 362 yuan, setting a new historical high. With major buyers purchasing over 1,941 shares in a single day and proprietary traders buying continuously for 5 days, the stock price has doubled in the past six months. The localization policy for wind power facilities has boosted operations in 2024, with a 22.5% year-on-year revenue growth in the first five months, an EPS of 2.66 yuan in the first quarter, a 92.48% increase year-on-year, and institutional investors are optimistic that profits will double in 2024. By the end of 2025, three new towers will be built, increasing the production and tonnage of underwater foundation cylinders, potentially contributing more profits to Century Steel.
Source: YAHOO