Sunshine Power witnessed a 2.24% decline in its stock price, closing at 62.52 yuan, which is a drop of 1.43 yuan from the previous trading day. During the day, the stock reached a high of 63.60 yuan and a low of 62.00 yuan, with a trading volume of 265,779 lots, amounting to 1.662 billion yuan.
The company’s primary business focuses on the research, development, production, and sales of power electronic devices, particularly photovoltaic inverters and energy storage systems. In the first quarter of 2025, Sunshine Power achieved an operating revenue of 19.036 billion yuan and a net profit attributable to shareholders of 3.826 billion yuan.
According to the latest announcement, the company’s controlling shareholder, Cao Renxian, recently lifted the pledge on 3.22 million shares while also placing a new pledge on 1.8 million shares. As of the announcement date, the total pledged shares amounted to 33.65 million, which represents 5.33% of his total holdings.
Data from May 8 indicates that Sunshine Power received a net buy of 84.4518 million yuan in financing, bringing the financing balance to 4.779 billion yuan. On that day, the main funds experienced a net outflow of 41.74 million yuan.
Risk Warning: The information provided is for reference only and does not constitute investment advice. The market carries risks, and investors should exercise caution.
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