Hesai eyes next big thing with robotics initiatives
The LiDAR technology specialist is jumping on the fast-moving humanoid robot bandwagon with its latest strategic growth initiative Key Takeaways: Hesai has begun generating revenue from robotic actuation modules, while…
Rising silver prices, appreciating yuan cast shadow over JinkoSolar
The leading solar module maker’s loss more than tripled in the fourth quarter of last year, as its gross margin barely managed to stay positive Key Takeaways: JinkoSolar’s revenue fell…
BRIEF: MeiG largely flat in Hong Kong trading debut
Shares of wireless communication modules and solutions provider MeiG Smart Technology Co. Ltd. (3268.HK) opened up slightly in their Hong Kong trading debut on Tuesday, then traded within a narrow…
Fibocom limps out of IPO gate, weighed down by sagging margins
The wireless module maker’s shares fell 11.7% in their Hong Kong debut and continued to slump the next day, but still trade at an inflated valuation Key Takeaways: Fibocom’s shares…
GCL Technology plunges into the red, eyes Middle East production
The polysilicon maker said it lost nearly 3 billion yuan in the first three quarters of the year, but hopes to rebound as it starts to put more of its…
BRIEF: JinkoSolar returns to the black as revenue keeps falling
Solar panel maker JinkoSolar Holding Co. Ltd. (JKS.US; 688223.SH) said on Wednesday it returned to profitability in the third quarter after falling into the red in the previous three-month period.…
Jinko sees sunnier skies in Germany with new fundraising plan
The solar panel maker’s Shanghai-listed unit plans to raise up to $633 million through the sale of up to 100 million global depositary receipts (GDRs) in Frankfurt Key Takeaways: Shanghai-listed…