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indeed. probably sensitive to regulatory policies and authority like the trade wars. Though it's not automotive but it is part of it and hence cyclical in nature. welcome on board to D&O. more eyes to watch it's business and financials.
Ok, thanks. the only good news from authority this week is that China is opening up a key part of it's EV industry to global competition - EV batteries manufacturers. No foreign companies were in the list of gov subsidies previously. the gov is scrapping the certified list for the subsidies. and will be replacing the subsidies with credit rating system.
hopefully, with open market comes competition of better EVs and more consumption of LEDs lighting. it is said that LED lights on EV can help it to run almost 10km more on a single charge.
Hi cheng, been looking at your comments for a while, just wanna state a good fact regarding to the recent AGM was that no shareholders express their dissatisfication towards the company and the share price, the situation of the AGM was relatively peaceful and seems everybody was satisfied with the upcoming prospects, so yeahh.
hi Chi-Wing, sounds good. any updates on further capex? hopefully all is progressing and no further new capex on building. If it is just fitting it with equipment and processes, it wouldn't cost much :)
Well, the most recent acquisition was the building just right beside their factory, so far I think their position in the market still remain a strength for D&O group. Prospect wise and all seem in tact with current demand and trend. Currently still studying the reason behind why the share price plunging like this.