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SHA:600641

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Asia

Shanghai Wanye Enterprises Logs Nearly 90% Surge in Q2 Contracted Real Estate Sales; Shares Plunge 10%

Shanghai Wanye Enterprises (SHA:600641) logged a contracted sales amount of more than 35 million yuan for its real estate projects in the second quarter, up 89.7% year over year, according to a Saturday disclosure to the Shanghai Stock Exchange.Cumulative contracted sales area grew 30.4% to 966 square meters, the company said in its filing.The company did not acquire new land reserves for real estate development during the three months through June 30.Shares of the real estate developer were down 10% in afternoon trading on Monday.

SHA:600641
Asia

Shanghai Wanye Enterprises Controlling Shareholder Pledges Share Lock-Up on 23.85% Stake; Shares Rise 4%

Shanghai Wanye Enterprises (SHA:600641) controlling shareholder, Xiandao Huixin (Shanghai) Technology Investment, committed to not reduce its shareholding in the company for 12 months, according to a Friday filing with the Shanghai Stock Exchange.Xiandao Huixin holds about 225.9 million shares, equivalent to 23.85% of the company's current total share capital.Shares rose 4% during late afternoon trading on Friday.

SHA:600641
Asia

Shanghai Wanye Enterprises Expects Up to 464% Surge in H1 Attributable Profit

Shanghai Wanye Enterprises (SHA:600641) forecasts a 292% to 464% surge in its net attributable profit to between 160 million yuan and 230 million yuan in the first half from 40.8 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.The real estate development company attributed the expected rise to positive fair value changes of its non-current financial assets, as well as the recognition of 80 million yuan in share-based payment costs that reduced recurring gains and losses.

SHA:600641
Asia

Shanghai Wanye Enterprises Says Profilometer Product Still in Early Stages; Shares Up 5%

Shanghai Wanye Enterprises (SHA:600641) clarified media reports about its non-contact profilometer product, which is intended for applications in ultra-precision machining and inspection.The company said while the technology has reached a research and development milestone, it has not yet secured orders or generated revenue, according to a Tuesday filing with the Shanghai bourse.Shares of the semiconductor equipment company climbed 5% in recent trade.

SHA:600641

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