Reported about 1 year ago
On July 4, 2024, at 4:10 p.m., major glaze manufacturer Zhongyou (1809) saw a strong performance in its stock price, rising over 7% with increased trading volume. The demand for electric vehicles remains robust this year, and Zhongyou's automotive glass business is expected to further boost its operations. Market optimism surrounds Zhongyou's electronic technology elements, with sufficient momentum expected in the second half of the year. The company has shown improved profitability compared to the same period last year, with its mature auto lamp fluorescent glass business growing by 35% last year. Zhongyou is also exploring collaborations and developments in electronic fields such as CCL, glass substrates, and ceramic substrates, showcasing positive prospects for its operations.
Source: YAHOO