Smart machine concept strengthens, Sunward Intelligent surges

    Sunward Intelligent's subsidiary Tianjin Sunward Intelligent Equipment Development Co., Ltd., with a total investment of 4.5 billion yuan, will develop a variety of products to strengthen Tianjin's equipment manufacturing industry. In addition, the company produces intelligent excavators and has the smart manufacturing concept.

    The recent average cost is 7.11 yuan, and the stock price is running above the cost. In a bullish market, the upward trend has slowed somewhat, and investors can appropriately sell high and buy low. The stock shows a capital outflow status, and investors are advised to invest cautiously. The company's operating conditions are acceptable, but it has not yet received significant recognition from most institutions; follow-up attention can be continued.

    Outlook analysis: Sunward Intelligent today hit the daily limit with heavy volume against the market trend, and there is still upward momentum in the short term. Regarding the upper edge of the bottom platform, if it breaks through, the stock is expected to continue rising in the future.

    Sunward Intelligent receives approval for non-public issuance of shares

    Sunward Intelligent launched its private placement plan as early as 2011. After several adjustments, the company may implement the private placement in 2014.

    On the evening of January 8, Sunward Intelligent announced that it had received approval for non-public issuance of shares. Sunward Intelligent plans to issue no more than 49 million new shares in a non-public offering. The approval is valid for 6 months from the date of approval.

    Sunward Intelligent seizes Thai excavator market

    Recently, dozens of SWE210 excavators in the Sunward Intelligent Equipment Group Industrial Park were ready to be shipped to Thailand. In July 2013, Sunward Intelligent partnered with a well-known Thai agency to operate Sunward Intelligent excavator business independently. The agency has a complete service system and a full spare parts supply warehouse, with more than 30 service branches in Thailand, providing comprehensive service to customers 24 hours a day.

    A relevant person in charge of Sunward Intelligent introduced: "This is the second batch of products exported to Thailand by the group's excavator company recently. For Sunward Intelligent, the Southeast Asian market is one of the strategic markets that the company must occupy." In response to Thai market demand, Sunward Intelligent has made huge adjustments to its product structure—implementing a localization strategy.

    The excavator products exported to Thailand this time are not only equipped with 800mm wide tracks separately, but also specially designed and equipped with automatic and manual switching switches to ensure that the machine can still be moved to a safe area if the controller fails. These new improvements make Sunward Intelligent's products more suitable for Thailand's construction conditions and have been widely praised by Thai customers.

    "Opening the market in Thailand is only the first step for Sunward Intelligent to enter the large Southeast Asian market. With the gradual increase in awareness of Sunward Intelligent products in the Thai market, 2014 will be a year of explosive growth for Sunward Intelligent excavator products in the Thai market," said the above-mentioned person from Sunward Intelligent's International Business Department.