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Chongqing Machinery & Electric Co. Ltd. Class H ( (HK:2722) ) has issued an update.
Chongqing Machinery & Electric Co., Ltd. recently conducted reverse roadshow investor engagement activities to enhance communication with investors and provide insights into the company’s operations. The company reported expected growth in operating revenue and total profit for the first half of 2025, indicating a positive outlook. Major projects in industrial pumps, electric motors, and machine tools are nearing completion, which could strengthen the company’s market position. Additionally, Chongqing Cummins, a subsidiary, is expanding its market share in data center backup power, reflecting strategic investments in capacity and customer-focused solutions.
More about Chongqing Machinery & Electric Co. Ltd. Class H
Chongqing Machinery & Electric Co., Ltd. is a joint stock limited company based in China, operating in the machinery and electric industry. The company is involved in the production and development of industrial pumps, electric motors, and intelligent machine tools, with a focus on technological advancements and market expansion.
Average Trading Volume: 16,104,590
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$4.38B
For detailed information about 2722 stock, go to TipRanks’ Stock Analysis page.