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SHA:600089

5 stories mentioning SHA:600089Updated 30d ago

Every FINWIRES story that references SHA:600089, newest first.

Asia

TBEA Issues 1 Billion Yuan in Green Tech Bonds

TBEA (SHA:600089), through subsidiary TBEA Xinjiang New Energy, issued its first green technology bonds for the year, amounting to 1 billion yuan, according to a Tuesday disclosure on the Shanghai bourse.The bonds have a 2.1% coupon rate and a term of three years, but can be extended.China Construction Bank (HKG:0939, SHA:601939) served as the lead underwriter of the issuance.The Chinese power transformers manufacturer's shares slipped 1% during the morning trade.

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Asia

TBEA Subsidiary Gets Board Approval for 3 Billion Yuan Debt Issuance

TBEA (SHA:600089) directors approved the registration of subsidiary TBEA Xinjiang New Energy's 3 billion yuan debt financing instrument.The registration, valid for two years, will enable the subsidiary to issue ultra-short-term financing and short-term financing bonds and medium-term and perpetual notes, according to a Thursday filing with the Shanghai bourse.

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Asia

TBEA's Q1 Profit Rises 13%

TBEA's (SHA:600089) attributable profit rose 13% to 1.81 billion yuan in the first quarter from 1.60 billion yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the electrical components manufacturer increased 13% to 0.3614 yuan from 0.3187 yuan in the prior-year period.Operating revenue grew 6.8% year over year to 24.9 billion yuan from 23.4 billion yuan.

SHA:600089
Asia

TBEA to Build Xi'an Industrial Park for 1.19 Billion Yuan

TBEA (SHA:600089) plans to invest 1.19 billion yuan for the construction of the Xi'an smart manufacturing park, according to a Shanghai bourse filing on Thursday.The construction will include building capacitor and reactor workshops, joint utility stations, warehousing area, office buildings and guard facilities and other equipment.The industrial park will annually produce 30-kilovolt-ampere reactive of oil-immersed capacitors, 50 million kvar of dry-type capacitors, 632 units of iron-core reactors, 4,918 units of air-core reactors and 318 units of high-voltage shunt, bridge-arm, smoothing and other special reactors.The electrical components manufacturer's shares fell 2% during the afternoon trade.

SHA:600089
Asia

TBEA's Attributable Profit Rises 44% in 2025; Shares Jump 3%

TBEA's (SHA:600089) attributable profit rose 44% to 5.95 billion yuan in 2025 from 4.14 billion yuan. after adjustments, in 2024, according to a Thursday filing with the Shanghai bourse.Earnings per share at the electrical components manufacturer increased 45% to 1.1610 yuan from 0.7980 yuan in the previous year.Operating income edged down 0.6% year over year to 97.2 billion yuan from 97.8 billion yuan.Shares decreased 3% during morning trading on Thursday.

SHA:600089

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