6 stories mentioning HKG:3393Updated 5d ago
Every FINWIRES story that references HKG:3393, newest first.
Wasion (HKG:3393) is planning to buy back up to HK$200 million of its shares for cancellation or to keep as treasury shares.The shares will be repurchased on the market from time to time until the energy metering products company's next annual general meeting, according to a Tuesday Hong Kong bourse filing.
Wasion's (HKG:3393) subsidiary, Wayon Energy, secured new overseas business contracts worth more than 1.6 billion yuan from the start of this year through Tuesday, according to a same-day Hong Kong bourse filing.The contracts mainly cover data center infrastructure and related solutions, as well as overseas power distribution products, including reclosers.
Wasion (HKG:3393) units won bids to supply smart meters and terminals to State Grid Corporation of China, the company said in a filing with the Hong Kong bourse Thursday.The energy metering products provider's shares fell nearly 3% in late morning trade Friday.The company's units won contracts to supply 827,000 units of smart meters and metering current voltage transformers for 207.8 million yuan, and a further 24,000 units of intelligent fusion terminals and special transformer data collection terminals for 77.4 million yuan.
Willfar Information Technology (SHA:688100), a 59.55%-owned subsidiary of Wasion Holdings (HKG:3393), reported 148.3 million yuan in attributable profit for the first quarter of 2026, up 6.4% from 139.4 million yuan a year earlier, according to a Hong Kong bourse filing Wednesday.Revenue fell 4.2% year on year to 531.9 million yuan, figures showed.
Wasion (HKG:3393) said its subsidiary secured a smart metering products and services project in Pakistan with a contract value exceeding 115 million yuan, according to a Monday Hong Kong bourse filing.Shares of the energy metering products provider were down nearly 11% in Tuesday's late morning trade.The contract covers smart metering products and related services and was awarded through a tender process in April.
Wasion Holdings (HKG:3393) plans to raise about HK$1.47 billion in net proceeds through a share placing and top-up subscription, according to a Tuesday Hong Kong bourse filing.Shareholder Star Treasure Investments will place up to 50 million shares at HK$30.00 each to at least six investors on a best-efforts basis.The placing represents about 5% of the company's existing issued share capital.Wasion will issue the same number of new shares to the seller under a top-up subscription at the same price.Net proceeds will be used for business expansion, research and development, overseas market growth, potential acquisitions, debt repayment, and general working capital.
