SHA:600703

3 stories mentioning SHA:600703Updated 8d ago

Every FINWIRES story that references SHA:600703, newest first.

Creditor Files Bankruptcy Reorganization Against Sanan Optoelectronics' Controlling Shareholder; Shares Down 7%

Sanan Optoelectronics' (SHA:600703) controlling shareholder, Xiamen Sanan Electronics, is facing bankruptcy after a creditor filed for its reorganization, according to a Shanghai bourse filing on Friday.The creditor, Lin Suzhen, filed the application with the Xiamen Intermediate People's Court in China.Sanan Electronics is yet to receive any formal document from the court regarding the bankruptcy reorganization application.The software company's shares dropped 7% during the afternoon trade.

SHA:600703

Asia54d ago

Sanan Optoelectronics Q1 Profit Down 68%, Revenue Slides 33%

Sanan Optoelectronics (SHA:600703) posted first-quarter attributable net profit of 67.5 million yuan, down 68% from 211.9 million yuan the previous year.Earnings per share declined to 0.01 yuan from 0.04 yuan, according to a weekend filing with the Shanghai bourse.Operating revenue declined 33% year over year to 2.91 billion yuan from 4.31 billion yuan.Shares of the software company declined 2% in recent trade.

SHA:600703

Asia54d ago

Sanan Optoelectronics Swings to Loss in 2025

Sanan Optoelectronics (SHA:600703) swung to an attributable loss of 353.2 million yuan in 2025 from a profit of 252.8 million yuan in 2024, according to a Saturday filing with the Shanghai bourse.The Chinese software company logged a loss per share of 0.07 yuan compared with earnings per share of 0.05 yuan in the previous year.Operating income grew 11% year over year to 17.9 billion yuan from 16.1 billion yuan.Shares decreased 2% during morning trading on Monday.

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