Chongqing Machinery & Electric Co. Strengthens Investor Relations and Projects Robust Growth

The latest announcement is out from Chongqing Machinery & Electric Co. Ltd. Class H ( (HK:2722) ).

Chongqing Machinery & Electric Co., Ltd. recently conducted reverse roadshow investor engagement activities to enhance communication with investors. These activities provided insights into the company’s operations and future outlook, highlighting its steady growth trajectory and progress in major projects. The company expects to achieve solid year-on-year growth in operating revenue and total profit by the end of 2025. Key developments include advancements in nuclear power pump technology, mass production of wind turbine blades, and upgrades in motor-specific electromagnetic wire production. Subsidiaries like Chongqing Cummins and Chongqing Hitachi Energy are also projected to perform well, with significant growth in emerging markets and infrastructure investments.

The most recent analyst rating on (HK:2722) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Chongqing Machinery & Electric Co. Ltd. Class H stock, see the HK:2722 Stock Forecast page.

More about Chongqing Machinery & Electric Co. Ltd. Class H

Chongqing Machinery & Electric Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the machinery and electric industry, focusing on products such as industrial pumps, wind turbine blades, and high-efficiency motors. The company is actively involved in the development of advanced technologies and projects, including nuclear power pumps and intelligent machine tools, aiming to enhance its market position and operational efficiency.

Average Trading Volume: 21,452,602

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.41B

For detailed information about 2722 stock, go to TipRanks’ Stock Analysis page.