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