Nandu Power (300068) has recently made headlines with the launch of a special version of its large-capacity lithium battery designed specifically for leisure vehicles. This announcement was made on March 31, 2023.
Despite the excitement surrounding new product releases, the company has faced significant challenges, including severe financial losses that have resulted in three consecutive trading halts. In a recent discussion, industry experts highlighted that four institutions have deemed Sunlight Power (300274) to be undervalued, driven by strong demand in the solar and storage sectors.
On the same day, Nandu Power’s Executive President Gao Xiubing stated that the company’s data center business is witnessing a surge in orders. He also expressed optimism that the production costs for solid-state batteries could drop below 1 RMB/Wh in the near future.
The market sentiment remains mixed, with some investors noting that despite the challenges, there are signs of recovery. One user remarked about the potential for a rebound, anticipating that the stock could rise after experiencing significant declines.
In discussions on trading forums, various investors shared their thoughts on the stock’s recent performance. Comments ranged from optimism about future price increases to skepticism about the company’s ability to maintain momentum. Others discussed strategies for buying or selling based on the stock’s volatility.
Gao also indicated that within the next two to three years, the company’s solid-state batteries could be utilized in low-altitude flying vehicles, showcasing Nandu Power’s commitment to innovation in the energy sector.
As the market evolves, Nandu Power is expected to navigate through these turbulent times with a focus on product development and adapting to changing consumer demands, especially as the need for sustainable energy solutions continues to grow.
For further updates on Nandu Power and its market performance, please refer to the latest financial news and analysis.
