SHA:601231

3 stories mentioning SHA:601231Updated 28d ago

Every FINWIRES story that references SHA:601231, newest first.

USI to Invest 50 Million Yuan in Private Equity Fund; Shares Slide 4%

Universal Scientific Industrial (Shanghai) (SHA:601231) will invest 50 million yuan to subscribe as a limited partner to a private equity fund, according to a Friday filing with the Shanghai bourse.The investment aims to help USI capture new development opportunities in artificial intelligence.Prior to the transaction, the Shanghai Shangce Xingrongxin Private Equity Investment Fund Partnership held a total investment of 466.3 million yuan.The planned total capital contribution of the fund will now be 626.3 million yuan, according to the filing.Shares fell nearly 4% in later-morning trade on Friday.

SHA:601231

Asia46d ago

USI Indirect Shareholder to Reduce Stake

Universal Scientific Industrial (Shanghai) (SHA:601231) indirect controlling shareholder ASE Technology will reduce its stake in the listed company by up to 47.8 million shares, according to a Monday filing with the Shanghai bourse.The shareholding represents up to 2% of the total share capital of USI.

SHA:601231

Asia107d ago

USI's Attributable Profit Jumps 25% in Q1

Universal Scientific Industrial or USI's (SHA:601231) attributable profit rose 25% to 417 million yuan in the first quarter from 391 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.Earnings per share at the electronic design and manufacturing company increased 20% to 0.18 yuan from 0.15 yuan in the prior-year period.Operating revenue declined 2.2% year over year to 13.3 billion yuan from 13.6 billion yuan.

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