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SHA:600584

4 stories mentioning SHA:600584Updated 21d ago

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Asia

JCET Completes Subsidiary's Business Registration to Expedite Construction of Semiconductor Plant

JCET (SHA:600584) completed the business registration process for subsidiary Changrun Microsystems (Shanghai) with the Shanghai Free Trade Zone (Lingang Special Area) Market Supervision Bureau, according to a Friday filing with the Shanghai bourse.The listed company set up the subsidiary to expedite the construction of a high-end semiconductor packaging and testing factory.Shares rose 2% during morning trading on Friday.

SHA:600584
Asia

JCET Expects Up to 102% Rise in H1 Profit

JCET Group (SHA:600584) forecasts first-half attributable net profit of between 770 million yuan and 950 million yuan, compared with 471 million yuan the previous year.The 63% to 102% rise is attributed to growing demand for AI-related infrastructure, improved product mix, and enhanced cost controls, according to a Wednesday filing with the Shanghai bourse.Shares of the semiconductor company were down 6% in recent trade.

SHA:600584
Asia

JCET to Set Up Subsidiary, Facility for 7.80 Billion Yuan; Shares Up 10%

Jiangsu Changjiang Electronics Technology (SHA:600584), or JCET, plans to establish a subsidiary and a high-end advanced packaging and testing facility for 7.80 billion yuan, according to a Shanghai bourse filing on Thursday.The proposed subsidiary will have a registered capital of 4 billion yuan.The facility will be built in two phases, with the first phase expected to be completed in the second half of 2028.The Chinese integrated circuit manufacturer's shares jumped 10% during the morning trade.

SHA:600584
Asia

JCET's Q1 Profit Jumps 43%, Revenue Slips 2%

JCET's (SHA:600584) net profit attributable to shareholders in the first quarter jumped 43% to 290.3 million yuan from 203.4 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share rose 45% year on year to 0.16 yuan from 0.11 yuan.Operating revenue slipped 1.8% to 9.17 billion yuan from 9.34 billion yuan in the preceding year.The shares of the Chinese integrated circuit manufacturer dropped less than 3% during midday trade.

SHA:600584

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