There are many reasons why China Electric has reached its daily limit in recent days, the main reason being that the company's performance has improved significantly.
In the first half of this year, China Electric's operating income was 7.182 billion yuan, a year-on-year increase of 65.49%; net profit was 694 million yuan, a year-on-year increase of 110.99%.
This shows that the company is in an advantageous position in market competition, and the company's management level has been continuously improved, and it has good development prospects.
Secondly, China Electric Motor has also received a lot of help from some recent favorable policies.
With the country's new round of investment in infrastructure, the company's products in the field of motor manufacturing have become an indispensable part of the basic industry. At the same time, the market supply structure has been optimized, further increasing the market demand for Zhongdian motors.
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Coupled with the country's favorable policies in terms of tax incentives and policy support, it also adds a lot of confidence to the company's development.
Finally, the number of shareholders of China Electric has continued to increase recently, which means that the market is still optimistic about the company's stock performance.
In addition, China Electric Motors also actively promotes the company's technological upgrading and R&D investment to better adapt to market demand for motor products and improve China Electric Motors' technical level, product quality and market competitiveness.
The superposition of these factors is also one of the reasons that led to the recent daily limit of CLP Electric's stock.