Corporate News – Huizhou Desay Sv Automotive (002920.SZ)
Trading Snapshot
- Last 24‑hour return: 0 % (flat).
- Closing price: CNY 73.71.
- Volume traded: CNY 321.7 million.
- Shares outstanding: 615.5 million.
- Market capitalization: CNY 45.7 billion.
- 12‑month change: –12.29 %.
- 200‑day simple moving average: CNY 86.81.
- 52‑week range:
- High: CNY 142.79 (1 July 2026).
- Low: CNY 71.40 (15 October 2026).
Strategic Expansion Announcement
Huizhou Desay Sv Automotive announced a two‑phase investment program aimed at expanding its global footprint and modernising production capabilities.
- Thailand Manufacturing Base
- Objective: Establish a new production facility to increase output of high‑quality circuit boards.
- Rationale: Leverage Thailand’s favourable tax incentives and synergies with the local electronics industry.
- Expected outcome: Enhanced supply chain resilience and increased capacity for automotive electronics and AI‑driven power solutions.
- Domestic Automation Upgrade
- Scope: Install advanced automation systems, precision equipment, and digital management tools across existing Chinese facilities.
- Goal: Improve production efficiency, reduce manufacturing lead times, and raise product quality standards.
The dual projects are intended to transition the company from a regional producer to a globally integrated supplier in high‑value sectors such as automotive electronics.
Related Stock Movements (Past 24 Hours)
| Stock | Symbol | 24‑hr change | Current price | Market cap | P/E |
|---|---|---|---|---|---|
| Zhaojin Mining Industry –H | 1818.HK | –1.24 % | HKD 16.37 | HKD 63.1 bn | 15.43 |
| Tianshan Aluminum | 002532.SZ | 0 % | CNY 11.05 | CNY 52.7 bn | 7.47 |
| Shandong Hualu Hengsheng | 600426.SS | 0 % | CNY 19.28 | CNY 53.3 bn | 13.05 |
| Jiangxi Redboard | 603459.SS | +4.85 % | CNY 67.15 | CNY 52.5 bn | – |
| Mixue –H | 2097.HK | –0.77 % | HKD 161.6 | HKD 64 bn | 11.06 |
Note: Tianshan Aluminum announced a formal guarantee for its wholly‑owned subsidiary, but specific terms and implications remain undisclosed.
Company Profile
Huizhou Desay Sv Automotive Co., Ltd. is listed on the Shenzhen Stock Exchange. The company designs, manufactures, and distributes automotive components, including infotainment systems, air‑conditioning controllers, driver information displays, and driver‑assistance systems. Products are sold primarily within China. The official website is www.desay.com .
